People & Company News


Expanded HOTA Facility to Hold Naming Ceremony

Aug 04, 2011

Lord Cullen and Linda Ellis are to be honored in the official naming ceremony of the newly-extended HOTA facilities on the training provider's Malmo Road site in Hull on Thursday, September 22, 2011. Staff members suggested ideas for the…

Keppel Shipyard Wins Two Contracts

Aug 04, 2011

Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit…

Mitsui, Hoegh Establish EML

Aug 04, 2011

Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.The new company…

Dryships: Partial Spin-Off of Ocean Rig UDW

Aug 04, 2011

DryShips Inc. (NASDAQ: DRYS)  announced that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Ocean Rig UDW Inc., of which DryShips currently owns approximately 78% of the issued and outstanding common stock…

WheelHouse Technologies Introduces WheelHouse Mobile for Smart Phones

Aug 03, 2011

WheelHouse Technologies, Inc. has launched WheelHouse Mobile, designed to provide real-time maintenance alerts and maintenance update capabilities from any smart phone in the cellular network. WheelHouse Mobile is a customer-driven enhancement to WheelHouse…

Coune Becomes Secretary General, International Transport Forum

Aug 03, 2011

Carole Coune has officially assumed the office of Secretary General of the International Transport Forum at the OECD. As of August 1, 2011, Coune takes over from Jack Short, who is retiring, as leader of the Paris-based intergovernmental organization which brings together 52 nations…

Titan Torque Turnover Up 118%

Aug 03, 2011

Titan Torque, the oilfield services specialist, has announced it has increased turnover by 118%, increased the size of its Aberdeen facility and launched a new service to the drilling sector.Rapidly-expanding Titan has secured additional operational…

Maritime Safety Committee Releases New Interim Guidance

Aug 03, 2011

Gray Page, a maritime intelligence, investigation and crisis management company, advised that the IMO's Maritime Safety Committee’s (MSC) recently-approved interim guidance on the employment of privately-contracted armed security personnel (PCASP)…

EU Funds Construction of BB Green Vessels

Aug 02, 2011

Under the 7th FRAMEWORK PROGRAM, EU is funding BB GREEN, an R&D project aiming at demonstrating feasibility of the first ever Air Supported Vessel (ASV) battery powered, fast commuter ferry. The 3 year project, initiated and coordinated by SES Europe AS (Norway)…

OSX Brasil Announces New Operational Plan

Aug 02, 2011

OSX Brasil S.A., announced a new Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equipment at its Açu Shipbuilding Unit ('UCN Açu') up to 2015.OSX Brasil aims to construct the largest shipyard in the Americas…

Travelers Develops New Marine Construction Insurance Package

Aug 02, 2011

Whether building piers and docks, repairing bridges or retrofitting port facilities, construction contractors experienced in working along the waterfront are in demand. To help construction contractors manage both the marine and non-marine exposures that come with working in and around the water…

Swire Opens Corporate Office in Houston

Aug 02, 2011

Swire Oilfield Services, a provider of offshore cargo-carrying units and associated services, has officially opened its North American corporate office in Houston, TX.  Located in one of the major oil capitals, the office will house the…

Excel Reports Strong 2Q

Aug 02, 2011

Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, has announced its operating and financial results for the second quarter and six month period ended June 30…

IBIA appoints interim Chief Executive

Aug 02, 2011

Trevor Harrison has been appointed as Acting Chief Executive of the International Bunker Industry Association (IBIA). The move follows the recent resignation of Ian Adams, the former Chief Executive.Trevor Harrison is a member of the IBIA Board…

Euronav Commends ABS NS for Hull Inspection Module

Aug 01, 2011

ABS Nautical Systems announced its successful partnership with Euronav Ship Management (Hellas) Ltd., one of the world’s leading tanker companies. Euronav selected ABS Nautical Systems as its asset management provider in 2009 and was the first adopter of the Hull Inspection module…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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