Wilh. Wilhelmsen Holding ASA's (WWH) topline lifted by continued increase in volumes transported deep sea. Underlying development in the group's activities is positive.The operating profit for WWH amounted to $1.4 million for the second quarter…
GFI Group Inc. has conducted the first matching* of dry freight forward freight agreements “FFAs” trades on its premier electronic platform EnergyMatch Europe.EnergyMatch Europe is GFI Group’s electronic trading platform for energy and commodities…
China Offshore Oil Engineering Corporation (COOEC) signed a contract with SpecTec Asia Pacific East Ltd, SpecTec Group Hong Kong subsidiary. The contract is relevant to the supply of AMOS Maintenance and Procurement modules for six Offshore Support Vessels…
Seanergy Maritime Holdings Corp. announced its operating results for the second quarter and six months ended June 30, 2011. For the second quarter, Seanergy reports net revenues of $27.8 million, EBITDA of $13.6 million, and a net profit of $…
Box Ships Inc., a shipping company specializing in the seaborne transportation of containers, announced its results for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to June 30, 2011 (“second quarter of 2011”).Company’s Highlights:- IPO on April 14…
Clear-Com, a voice communication systems company, has announced that Broadcast Technical Services (BTS), an integrator of broadcast services for industrial marine ship suppliers, has selected the Clear-Com Encore™ partyline and Tempest®2400…
Huntington Ingalls Industries has announced that its Newport News Shipbuilding (NNS) division delivered the Virginia-class submarine California (SSN781) to the U.S. Navy yesterday. The delivery came more than eight and a half months early to…
Rowan Companies, Inc's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock. Repurchases under this program, effective immediately, will be made through the open market or in privately negotiated transactions…
Donjon Marine Co., Inc. has been awarded a $41 million-dollar, ceiling-priced, indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract for marine salvage, salvage-related towing, harbor clearance, ocean engineering and point-to-point towing services to support the U…
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea.Well 16/2-8, drilled by the Transocean Leader drilling rig…
Energy North, formerly North Scotland Industries Group (NSIG), is launching the first annual Energy North Awards to celebrate energy in Scotland.The 130-plus member organization’s awards will recognize contribution to developing the energy…
BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd, has won an order for the design of a 25m all electric, 150 passenger ferry in China.In order to demonstrate the practical use of a battery-powered ferry within the estuarial and coastal waters…
The Industrial District of Dubai Maritime City, the enclosure for maritime related businesses, reported a twofold increase in number of operations from last year at the half-year mark of 2011. A total of 318 vessel docking and undocking operations were carried out till the end of June 2011…
Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H…
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division has partnered with The Mariners' Museum to share the shipyard's history through a collection of 51 photographs. The exhibit, named 'Always Good Ships…