The FY 2014 President's Budget Request for the National Ocean Service (NOS) amounts to $529.2M.The National Ocean Service (NOS) observes, measures, assesses and manages coastal, ocean and Great Lakes areas and provides science-based services to inform decision making…
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships.The gross proceeds from the offering before the underwriting discount and other offering expenses are $100…
Joint venture partners in the East Anglia Offshore Wind Zone, Vattenfall & ScottishPower Renewables, support local sub-contractors. Vattenfall and ScottishPower Renewables, joint venture partners behind the East Anglia Offshore Wind Zone,…
Pirates attacked the German-owned Liberian-flagged container ship 'Hansa Marburg' off the coast of Equatorial Guinea.Citing the Hamburg-based shipping firm Leonhardt and Blumberg, owners of the vessel, Reuters report that the the four hostages - two Ukrainians…
GDF sign significant agreements with Chinese partners for an LNG carrier charter, gas storage and regasification facilities.An agreement with the China National Offshore Oil Corporation (CNOOC) schedules the sub-chartering of the GDF SUEZ…
Road haulage and port workers in Sweden secured a new three year contract after staging short-term industrial action.Members of the Swedish Transport Workers’ Union (STWU) walked out at noon on Wednesday following the breakdown of negotiations…
The 'Voyageur Spirit' FPSO has achieved first oil on the Huntington field in the United Kingdom. Teekay describe the event as an important milestone for on of its largest projects.The production unit has been installed for its new charter contract with E…
Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans.The news is cited as coming from the main creditor bank and is reported by the Yonhap News Agency.STX Offshore, the shipbuilding unit of STX Group…
Coast Guard Station Charlevoix, Michigan, accept delivery of the station’s new 45-foot Response Boat-Medium, built by Marinette Marine, of Manitowoc, Wis.The RB-M can respond faster than previous boats of similar size with a top speed in excess…
The bunker sector has entered into close collaboration to better guarantee the quality and quantity of bunkering supplied in the port of Rotterdam.To that aim, Hendrik Muilerman on behalf of the Netherlands Petroleum Industry Association (VNPI)…
As the Hudson River begins to melt the Coast Guard buoy tender 'Katherine Walker' heads north towards Albany, N.Y.The Katherine Walker is a 175-foot buoy tender, homeported in Bayonne, N.J. Its major mission includes the servicing of aids to navigation throughout New York Harbor…
Container ship owners Box Ships Inc. release their financial results for the quarter ended March 31, 2013.Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented on the report:'Our sector is…
Latest Navy contracts issued by the U.S. Department of Defense include:CACI Technologies Inc., Chantilly, Va.Awarded a $20,150,158 modification to previously awarded contract (N00024-13-C-6322) for professional support services in support of Program Executive Office Littoral Combat Ships…
The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share.'I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend,' said Matt Cox…
Rolls-Royce gets a repeat Sølvtrans AS order for the design & propulsion package of a ship developed specifically for transporting live fish.The first ship is due for delivery in June this year and this latest contract also includes options to build two more vessels of the same type…