Fidelis Group Holdings LLC Announces Additional Excess Marine Liability Capacity For The Maritime Industry.Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., a leader in providing Marine Insurance coverages and services…
The Vendée Globe 2012-2013, is a round-the-world single-handed yacht race, sailed non-stop and without assistance, a serious test of endurance.The race started last Saturday and finishes in Les Sables-d'Olonne , in the Vendée département of France…
Work on the 'Endeavour' rig by local contractors in Homer nears completion prior to deployment for shallow water drilling off Alsaska coast.Before its acquisition in November 15, 2011, the Endeavour had been idle for several years, and Buccaneer and its venture partners…
MTN Satellite Communications (MTN) contract with Norwegian Cruise Line extended 5 years.The contract is for VSAT communications, crew calling, Internet services, access to MTN Worldwide TV™ and related services around the globe. MTN will…
OceanWorks International again receives authorization from U.S. Navy to perform Deep Submergence Systems Scope of Certification (DSS SOC) work.OceanWorks International has again been authorized by the U.S. Navy’s Naval Sea Systems Command…
Australia's Quickboats Pty Ltd enters commercialization phase for its award-winning folding boat.Just one month after officially commencing operations, Australian company Quickboat Holdings Pty Ltd is now focused on the commercialization of its folding boat that is globally unrivaled in design…
The new company, CIT Maritime Finance will originate & underwrite blue water vessel financing & its managing director is Svein Engh.CIT Maritime Finance will offer senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels including tankers…
Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia…
Norsat International launches Global-VSAT, an equipment & global airtime services package to leverage Norsat MarineLinkTM maritime VSAT terminals. The package is available via flexible lease and purchase options and will provide Norsat…
Jeppesen optimization solutions to be used aboard BP's LNG, Product & Crude Oil vessels to increase efficiency, reduce risks & save fuel.The contract will result in the installation of Jeppesen’s Vessel and Voyage Optimization Solution (VVOS)…
UK's Freight Transport Association (FTA) conducts survey on whether Sulphur Directive could cause modal shift from sea to road freight.The FTA is asking short sea users for feedback on how the directive could affect them. A five-minute FTA…
Drewry & the World Container Index arrange an educational webinar on 5th December 2012 to explain how Index-Linked Container Contracts work .The webinar will examine the causes of recent container freight rate volatility and how index-linked…
Petrobras with partners BG Group and Petrogal Brasi inks charter of the FPSO from Schahin Petróleo e Gás S.A. and Modec Inc.The Floating Production Storage & Offloading vessel (FPSO) will be used in the production development project of the area known as Iracema Norte…
Container ship owners Hapag-Lloyd report increased revenue and profits in the third quarter 2012.Hapag-Lloyd was able to increase freight rates, revenue and results in the third quarter, although the market environment remains challenging…
Thuraya names Joseph R. Francis as Regional Director, North America to support the company's work in the government market sector.Mobile satellite services operator, Thuraya Telecommunications Company's new man will be based in the U.S.…
