General Dynamics stated that Larry R. Flynn, president of Gulfstream Aerospace Corp., has informed the corporation of his intention to retire on June 30, for health reasons. Mark L. Burns, president of Product Support for Gulfstream, will succeed Flynn as president of Gulfstream…
Essar Ports Limited today announced its unaudited results for the full year and quarter ended March 2015.Key Highlights:· Essar Ports takes over the Vizag Iron Ore outer harbor terminal with 2 berths on 14th May 2015. Existing operational terminal with no gestation period…
After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry.Reed is part of the baby boomer generation that forms the backbone of the U.S. oil workforce…
Effective from 27 May 2015, German Authorities will implement the reporting requirements for vessels according to EC-directive 2010/65/EU (national single window reporting formalities).This directive is designed to achieve harmonization…
Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC).CFO Torgrim…
USS Constitution, ‘Old Ironsides’, will enter dry dock May 18 for a nearly three year restoration with most of the work being done below the waterline and the bow area. The timeline of events leading up to the ship’s dry docking can be found below…
A Singapore-based breakbulk, project cargo and heavy lift carrier AAL (formerly Austral Asia Line) and German multipurpose shipping operator Peter Döhle have announced the launch of a new global cooperation. From June onwards, the pair will offer joint tramp and project services…
Havila Shipping ASA has seen Maersk Oil & Gas (MOG) extend an option for a vessel, allowing the company to avoid the weak North Sea spot market for 12 more months. Maersk Oil and Gas Company declared the first of three one year options for the Platform Supply Vessel (PSV) Havila Fortune…
FSV Group, the Norwegian operator of specialised vehicles for maritime operations, has taken delivery of a customised 41-metre Damen barge which will provide a range of services to the Norwegian aquaculture industry. This sector is currently…
Wood Group Kenny (WGK) has secured a five year contract with Oil Spill Response (Capping) Ltd (OSRCL) to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident…
The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place on Saturday, May 9, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA)…
Akbar Associates has won the bid for constructing the second liquefied natural gas (LNG) terminal in Pakistan by offering the lowest tariff of 49.87 cent per million British Thermal Unit (mmbtu) for the LNG terminal. The board of Sui Southern…
Mariners are advised that due to low water levels on Lake St-Louis the speed limit between buoys A30 and A40 is reduced as follows: * Vessels with a draft greater than 70 dm are limited to 10 knots upbound and 12 knots downbound. * For vessels with a draft of 70 dm or less…
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, and Wilhelmsen Ship Management (“WSM”) today announced that they have established a new 50/50 joint venture named Diana Wilhelmsen Management Limited (“DWM”)…
L-3 SAM Electronics announced today that it has been awarded a contract to provide the electrical distribution system for six Littoral Combat Ships (LCS) for the Royal Malaysian Navy (RMN). The ships will be built at the Boustead Naval Shipyard in Lumut…
