Whale Watch Alaska condemns manhunt for 'Sea Shepherd' captain.In light of the news late last month that Sea Shepherd’s founder, Captain Paul Watson, had forfeited his bail after being held under house arrest for 70 days in Germany, WWA made…
Modified EBITDA increases 86% to $1.4 million in latest Deep Down Inc. financial report.Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, report…
DNV’s summer students present results of work to develop a realistic concept for a year-round Arctic oil spill response system.The Norwegian students' project included requirements for people, vessels and equipment.DNV’s summer project is…
U.S. Navy awards Electric Boat a contract for nuclear-maintenance work for submarines homeported at Naval Submarine Base in Groton.Electric Boat is a wholly owned subsidiary of General Dynamics.Under the contract, Electric Boat will continue…
IHC Merwede to showcase its dredging, wet mining, and special purpose ships at forthcoming SMM 2012, Hamburg, Expo.A number of impressive scale models will demonstrate the wide range of innovative vessels engineered and manufactured by IHC Merwede…
ONR selects Hamilton Sundstrand for demonstration of energy-dense PEMFC based air-independent propulsion system.UTC Aerospace Systems' legacy Hamilton Sundstrand business was recently awarded a contract by the U.S. Office of Naval Research…
UK-based 'Survival Craft Inspectorate' signs deal to provide for Qatar's onshore & offshore energy sector LS equipment needs.Survival Craft Inspectorate has signed an agreement that will see it establish an operational presence in the Middle East for the first time…
Maersk Line's 'Maersk Illinois' makes her first homeport call in Norfolk, Virginia.The call in Norfolk affirmed the value of the Maersk-Rickmers heavy-lift service and brought together customers and constituents who rely on and support U.S…
Seven Somali's found guilty of piracy against a French fishing vessel, sentenced to 20 years.Following a terrifying attack against the MV Captain St. Vincent in October 2009 the pirates, operating in 2 attack skiffs, were located by a EU an…
Tognum has recently concluded an agreement with a bank consortium for a revolving credit line of €300 million. The credit line has a term of five years. In addition to Commerzbank as the coordinator, seven other banks are involved. Tognum…
The icebreaker 'Xuelong' made the Arctic Ocean passage from China through to Norwegian waters.The Chinese icebreaker completed the Arctic North-East Passage marking the first such voyage by a Chinese vessel and opening an Arctic route connecting…
Teekay Tankers Ltd. reports results for the three months ended June 30, 2012, pays out reduced dividend compared to Q1.Excerpts from the quarterly report follow:In June 2012, Teekay Tankers completed the previously announced acquisition…
The U.S. Navy reports the rescue of 10 mariners from a blazing wooden Iran-flagged boat.The recent rescue by the destroyer USS James E. Williams is at least the seventh involving Iranian sailors in nearly two years and is a reminder of U.S…
Hong Kong-based Profit Summit Deluxe Cruise partner with Thailand's Eastime Shipping for China – Thai cruises.China’s rapidly increasing involvement in cruise shipping investment has been underlined by a recently completed first cruise voyage in the Gulf of Thailand…
Yanmar Europe to display its new V-12 marine diesel engine (12AY) at upcoming SMM 2012 trade fair.With easy installation and maintenance, the purpose-built 12AY is ideal for offshore support vessels, ferries, tugs, commercial fishing craft and other demanding applications…
