ValvTechnologies, Inc., manufacturer of zero-leakage severe service isolation valve solutions, has named Julie Bodine as Director of Global Marketing, announced ValvTechnologies President Kevin Hunt. Bodine will be based in Houston and will report directly to Hunt…
The SOS 2013 program will take on the issues that are challenging access to ocean areas and resources by responsible industry operators. Click here to see the program.This global gathering of the diverse ocean business community is not a conference to discuss the issues…
Chinese shipbuilding giant, China Shipbuilding Industry Corp (CSIC) makes debut at Malaysia defense show.The China Shipbuilding Industry Corporation (CSIC) recently made its debut in the Langkawi International Maritime and Aerospace Exhibition in Malaysia…
U.S. Navy awards Lockheed Martin US$57-million contract to upgrade electronic warfare (EW) ship defense system.Under this low-rate production contract for Block 2 of the Navy's Surface Electronic Warfare Improvement Program (SEWIP), Lockheed…
Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia.Exxon, whose partner in the field is Melbourne-based BHP Billiton Ltd. (BHP), expects to make a decision…
The upcoming Infocast presented 'Port & Intermodal Finance & Investment Summit' will be hosted & sponsored by the Port of Miami, FL.President Obama recently outlined a program of bonds and other measures to encourage such spending on roads…
The company is to offer $87 million aggregate amount of common shares to the public to help fund its expansion programme.The Company's Chairman and Chief Executive Officer, Mr. Herbjørn Hansson is expected to purchase about $1.5 million worth…
London-based NYK subsidiary NYK Energy Transport (Atlantic) & GDF Suez time charter the LNG carrier 'Grace Barleiria' for 4 years.Grace Barleiria has been operated by NYK since her delivery in 2007. She has a capacity of 149,700 m3 and is equipped with GTT's Mark III technology…
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million.Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd…
Crews from The Undersea Company of Port Townsend, Wash. have removed the 185-ton dock that crossed the ocean following the March 2011 tsunami.NOAA contracted with The Undersea Company to remove the dock from the remote wilderness coast in…
Heavy fuel oil on board the wrecked container ship is expected to leach out over time, but the ship's owners and insurers would prefer to leave it where it is. No decision had been made on leaving Rena on the reef, but draft assessments have…
Lockheed Martin recently completed successful demonstrations of its Gyrocam 15-inch Dual Sensor & 15-inch Triple Sensor to the Navy.The demonstration was conducted as part of a cooperative research and development effort with the Stiletto Maritime Demonstration Program…
JW Fishers, manufacturers of underwater search equipment, advise that transponders make locating underwater objects easy.Attempting to relocate underwater objects in a low visibility environment can be a difficult and time consuming task. Acoustic transponders solve this problem…
The sale of STX Pan Ocean Co. fell through as the Easter financial markets closed.No potential bidders expressed their interest in South Korea's leading bulk carrier, raising the possibility that the shipping line may be taken over by a state-run policy lender…
The continuing slump in global shipping is translating into brisk business for scrap yards at Gujarat's coastal town of Alang in India.Alang, which receives one out of every two ships destined for breaking, has retained the top slot amid stiff competition from Pakistan…
