Approximately 100,000 people will attend the Offshore Tecnhology Conference (OTC) in Houston this week where Ulstein is among roughly 80 Norwegian companies that are included.“U.S.A. is an increasingly important area of growth, and we see the importance of being present…
Italian state-owned Fincantieri plans to list a stake close to 50 percent in its initial public offering on the Milan bourse, a source close to matter said on Tuesday.The group, wholly owned by state lender Cassa Depositi e Prestiti (CDP)…
Italy's Fincantieri said on Tuesday it had filed a request to list its shares on the Milan bourse, as state lender Cassa Depositi e Prestiti (CDP) moves to offer private investors a minority stake in the ship building company.The disposal of Fincantieri - wholly owned by CDP…
International classification society Bureau Veritas has completed a series of consequence assessments with all the major shipyards in Korea, China and Japan to help them speed the implementation of the IACS Harmonized Common Structural Rules…
On Tuesday, May 6, at 9 a.m. EDT, the Maritime Administration and the Marine Transportation System National Advisory Council will host the second National Maritime Strategy Symposium in Washington, D.C. Building upon the first Symposium held in January…
Stefanos Kazantzis, Financial Advisor of McQuilling Services Marine in an interveiw discusses the recent upswing in VLCC asset prices and current developments in the asset markets. Excerpts:About Asset Contango:Asset Contango is a situation…
Mill Log Marine has announced the hiring of Bob Shamek as a Key Account Executive for the Western Washington State and Alaska Territories. Bob will operate out of the highly successful Kent, Washington location and will focus on naval architects…
The Shipping Professional Network in London (SPNL) hosted its first event of 2014, sponsored by Norton Rose Fulbright and BIMCO, held at the Norton Rose Fulbright offices in London. John Denholm (President of BIMCO & Chairman and Chief Executive…
Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel…
Ulstein Group reported it delivered a good result for 2013 with an operating income of NOK 2.3 billion compared to 2012’s result of NOK 2.27 billion. Similarly, Ulstein’s operating profits improved in 2013 to NOK 317.8 million from NOK 228 million in 2012…
Wesley D. Wheeler passed away on April 18 in Stamford, Connecticut. He was 80 years old. He was laid to rest in Cyprus Hills Cemetery in Brooklyn, N.Y.Wheeler was an active member of the marine community for 60 years. He lived and worked…
LOC Seoul opens, Korean country manager appointed London Offshore Consultants, a global company in marine and engineering consultancy for the shipping and offshore energy sectors, has further expanded its footprint in Asia, successfully registering…
Drydocks World & Maritime World group said it reiterated its commitment to Occupational Health & Safety during World Safety & Health Day on April 28, 2014. Several awareness programs and competitions were organized for employees on this day in Drydocks World…
Women workers from Kaiser Shipyard welcomed to the White HouseSix of the original “Rosie the Riveters” who worked in Kaiser Shipyard during World War II gained a little more recognition after being welcomed to the White House by U.S. Vice President Joe Biden…
As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install…