Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million.The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil…
The full text of Secretary of Defense Chuck Hagel's message on May 14, 2013 to all Department of Defense personnel follows:As you are fully aware, the Department of Defense is facing a historic shortfall in our budget for the current fiscal year…
Kvichak Marine Industries, Inc. recently delivered fifteen 30’ Rapid Response Skimmers to the U.S. Navy.With the addition of these skimmers the Navy will be operating over 85 Kvichak-built skimmers worldwide as the Navy’s tier one response asset…
US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's.Tidewater say that the acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand their global footprint into the Norwegian…
Gulfstream Services, Inc. (GSI) names Billy Marcel as Manager of Global Operations – Decommissioning Services Division.US-based Gulfstream Services, Inc. is a global corporation focused on developing high pressure equipment solutions for the international oil and gas industry…
PPG Industries introduce Sigma Syladvance 700 coating to protect vessels with flexible service speeds, trade patterns.Based on the successful Sigma Syladvance 800 premium antifouling product, PPG say that their new Sigma Syladvance 700 coating extends the line with an 'entry-level' product…
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013.Financial highlights:• Net profit of AED 241 million, up 17% year-on-year• Production of 61…
A majority of seafarers have no internet access available to them on board: IAPH recognizes Montreal for providing free WiFi access in the port.According to a 2013 research of SIRC (Seafarers accommodation on contemporary cargo ships) cited by ITF “very few seafarers have access to internet…
Debunking the myths about international ship registries, choice of classification society and a raft of other variables.Throughout the shipping world, ship registries, where a vessel is tied to laws of a particular nation, remain a subject of continual debate…
A hybrid electric ferry using Corvus Energy's advanced lithium polymer battery solution was commissioned today in Copenhagen, Denmark by Scandline. The Princess Benedikte ferry refit represents the conversion of a former diesel electric ferry…
The ever-changing sea state of global energy confounds even the brightest, most experienced analysts who, today, as ever, claim to have all the answers. Don’t believe them – they don’t. That’s because it has only been about five or six years…
Panama City, Panama, May 14, 2013 – Maersk Line CEO Søren Skou visited the Panama Expansion construction site accompanied by Panama Canal Administrator Jorge L. Quijano during his recent trip to Panama. Skou and other Maersk Line executives…
Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report…
A recent study found that 84% of port owners, operators and contractors said they would expect increased safety to be the primary benefit in specifying an automated system to monitor factors such as mooring line tension, approach speed and environmental conditions…
Wavecraft USA, maker of the Waveblade hull cleaning power tool, named Kerry Hoffman its general manager for the Americas. The announcement comes in advance of soon-to-be-unveiled plans that promise to expand the company's product range for new markets and applications…
