Shell, BP, Maersk, Stena & Japanese shipping companies NYK, MOL and “K” Line support job creation & capacity building projects in Somalia.This collaboration between many in the shipping industry and UNDP (United Nations Development Programme) is the first step in an initiative…
A bipartisan coalition urge Congress to pass a Defense Appropriation Bill to avoid another Continuing Resolution (CR) & Sequestration.A bipartisan coalition of labor unions and maritime business owners affiliated with the Shipbuilding Council…
Long tracks of elevated nitrogen dioxide (NO2) levels show up along certain shipping routes when viewed from NASA's Aura satellite.For more than a decade, scientists have observed “ship tracks” in natural-color satellite imagery of the ocean…
Kværner ASA issue fourth quarter and preliminary annual financial results 2012.Kvaerner reported operating revenues of NOK 2 930 million in the fourth quarter 2012. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 119 million…
There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas.Dry Bulk CarriersThe dry bulk fleet has seen a number of new additions this week. It was reported that SWS signed an additional order with Clients of Thenamaris for 1+1 180…
Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results.Otto Marine Group is expected to report a loss for the financial year ended 31 December 2012 largely due to, amongst others, the following…
Siemens contracted by Germany's wpd group to supply & install 80 wind turbines for the Butendiek offshore wind power plant.The agreement also covers a long-term maintenance contract for a period of ten years, the first of its kind for an offshore wind project…
Both of Shell's offshore drill rigs used during last year's oil exploration season to be transported to Asian shipyards for inspection and repair.The decision suggests the Kulluk and the Noble Discoverer -- Shell's only drilling rigs for…
The National Archives Administration (NAA) of Taiwan launch a website featuring aspects of the country's shipbuilding history.Since 2004, the NAA has digitized the historical files of eight state-run enterprises that were set up in the 1960s and 1970s but were later privatized…
Overall U.S. maritime cargo volumes in the Great Lakes region are recovering from extreme lows experienced in 2009 finds a MARAD study.The U.S. Department of Transportation’s Maritime Administration (MARAD) report 'Status of the U.S.-Flag Great Lakes Water Transportation Industry'…
Latest US Dept of Defense Contracts include awards to Colonna's Shipyard Inc. & East Coast Repair and Fabrication L.L.C.Firstly, Colonna's Shipyard Inc., Norfolk, Va., is being awarded a $17,942,143 fixed-price contract for a dry-docking…
Swedish court rules for criminal conviction in SKF counterfeit court case.A Swedish court has sentenced one person to a one-year jail term and a five-year ban from trade, and awarded damages to SKF, after finding him guilty of violation of Swedish trademark law in relation to the SKF trademark…
Maciek Kwiatkowski will take up the leadership of DCT Gdansk at the beginning of April 2013.As DCT continues its preparations for the next major extension phase, an internationally experienced authority in port management, Maciek Kwiatkowski…
The first combined DQS Certificate in the fields of quality, environment, occupational health & safety awarded to GL Group.The GL Group has received a combined certificate of compliance with the BS OHSAS 18001, ISO 9001 and ISO 14001 standards…
The awards will be presented on 5, May 2013, at the annual Offshore Technology Conference dinner in Houston, Texas.Award winners are:OTC Distinguished Achievement Award for IndividualsKen Arnold is being recognized for his outstanding…
