American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced that Daniel P. McGahn has been promoted to the position of President and Chief Operating Officer. In this role, McGahn will be responsible for AMSC’s day-to-day global operations…
Abraaj Capital and Waha Capital backed Gulf Marine Maintenance and Offshore Service Company (GMMOS), an United Arab Emirates based provider of marine services to the offshore oil & gas industry, has secured a $100m term loan facility from Standard Chartered Bank…
Transocean Ltd. (NYSE:RIG) announced that Rob Saltiel, Executive Vice President and Chief Operating Officer, is leaving the company to pursue another opportunity. Steven Newman, President, will assume the duties of Chief Operating Officer while the company considers alternatives…
SSP Offshore Inc. announced that the SSP team and its proprietary platforms, the SSP320 and SSP Plus, reached a major development milestone, completing a full spectrum of global environment performance tests carried out at the LabOceano/Coppe testing basin in Rio de Janeiro…
CIMAC, the International Council for Combustion Engines took advantage of this year’ s major trade show in the large engine sector to stage the latest in its CIMAC Circle series of forums for information exchange.Chaired by CIMAC board member Yasuhiro Itoh…
Superior Energy Services, Inc. announced that it has entered into an Implementation Agreement with Hallin Marine Subsea International Plc (AIM: HMS), to acquire Hallin for a price of 233 pence in cash per Hallin share. The offer values Hallin's…
During the recent Workboat Show, Crowley was recognized for its environmental initiatives, receiving second place for the Environmental Management Plan Award. The company was also awarded a Significant Boat of 2009 Award for the Nachik/Sesok…
Crowley Maritime Corporation announced that Dorine Tessier has been named vice president of sales and chartering for its petroleum transportation group. In her new role, she will report to John Douglass, senior vice president and general manager of Crowley's Gulf/Atlantic region…
The world’s leading maritime service network Wilhelmsen Ships Service has entered an agreement with German company DS-Schiffahrt / Quadrant Bereederung to supply liferafts to their entire fleet of 39 vessels. In an agreement worth $200,000 per annum…
Radio Holland Group announced the official opening of a new service office in Port Elizabeth. The new office will start on January 4 2010 and the official, celebratory opening will take place in February. This will be the 63rd office in the…
Rickmers-Linie, the Hamburg based breakbulk, heavylift and project cargo specialist, has been successfully re-certified in accordance with the latest ISO standards ISO 9001:2008, OHSAS 18001:2007 and ISO 14001:2004.Rickmers-Linie’s new integrated…
Hercules Offshore, Inc. (NASDAQ: HERO) announced that Chairman John T. Reynolds submitted his resignation from the company's board of directors, effective December 31, 2009, to focus on other business interests and his role as co-founder and managing director of Lime Rock Management L…
Wilhelmsen Ships Service has appointed Siri Jacobsen as Vice President International Customer Services and Thomas Smordalen as Vice President International Sales to the Central Management Team (CMT)The new vice presidents will have two roles…
HPI, supplier of turbine control solutions and turnkey power plants, announced the successful commissioning of a digital propulsion, power and steering control system aboard the ex-USS Foster Self Defense Test Ship (SDTS). HPI designed the system to replace the existing analog controls…
China Shipping Container Lines Co., Ltd. (CSCL), part of the China Shipping Group (CSG), has chosen Wärtsilä main engines for eight container vessels. The Wärtsilä engines for this order will be built under licence by Doosan Engine, Korea. Wärtsilä…