Farstad Shipping ASA subsidiary, Farstad Supply AS, contracts with STX OSV AS for an Offshore Subsea Construction Vessel (OSCV).This new building is part of Farstad Shipping's expansion into the subsea market and represents an investment of approx NOK 825 mill…
The company's update includes new contracts, significant changes to contracts, & changes to estimated times out of service.Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company…
Acteon company, Seatronics Ltd., has appointed Jeff Holtom as regional manager in the Middle East. Based in Abu Dhabi, Holtom’s responsibilities at Seatronics Ltd. will include sales and marketing, overall Quality, Health, Safety and Environment…
Tankship & terminal storage owners/operators Odfjell also noted significant losses at their Rotterdam terminal in its Q4 2012 report.Jan A. Hammer, President/CEO Odfjell SE comments on the financial report as follows:The chemical tanker market improved seasonally towards the end of the year…
Port of Long Beach report surge in January container volumes, while those at Port of Los Angeles were slightly down.Up – Port of Long Beach Cargo volumes at the Port of Long Beach surged in January with 17.5 percent more containers overall…
Third annual Cruise Shipping Asia-Pacific Conference to meet in Singapore, October 8-10, 2013.The two-day annual Cruise Shipping Asia-Pacific conference provides an opportunity to assess the pace and direction of growth in the world’s newest and growing cruise sector…
Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results.Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course…
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…
Long recognized during annual Industry Breakfast at Progressive Insurance Miami International Boat Show & Strictly Sail. The National Marine Manufacturers Association (NMMA) today honored Bob Long, Owner and CEO of Marine Concepts, with the 2013 Alan J…