Rolls-Royce wins a £12 million order to design and equip two platform supply vessels (PSVs) to be built at Jiangsu Eastern Heavy Industries in China.Rolls-Royce UT 755 LN vessels are designed specifically for transporting solid and liquid…
Pacific Drilling's ultra-deepwater drillship the 'Pacific Khamsin' contracted by a subsidiary of Chevron Corporation for operations in West Africa.The minimum duration of the contract is for an initial two-year term, with contract commencement expected by end of the third quarter of 2013…
QGOG Constellation S.A. exercise a Samsung Heavy Indurstries contract option for an advanced capability DP3 drillship.This will be the third drillship ordered from SHI in South Korea and is scheduled to be delivered in December 2014.The…
Newport News Shipbuilding employee Greg Hoefflin has been named an Outstanding Apprentice for 2012 by the Virginia Apprenticeship Council.Hoefflin, a 2012 graduate of The Apprentice School at NNS, is the ninth Apprentice School graduate to receive the honor since it was first awarded in 1998…
On the basis of an exhaustive industry survey, Wind Energy Update finds that wind farm return on investment is around - 21 percent.According to the survey, this underperformance is attributable to over-estimation of power production and underestimation of O&M costs…
Dutch dredging & marine specialists, Royal Boskalis Westminster N.V. (Boskalis) report revenue & profit higher than in the first half of 2012.The order book increased in recent months and stood at a new record high of EUR 4 billion at the end of the third quarter…
BP announces resolution of all criminal and securities claims against the company relating to Deepwater Horizon accident.BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal…
North America is at the forefront of a game-changing transformation in oil and gas production claims International Energy Agency publication.This year’s World Energy Outlook published by IEA finds that the extraordinary growth in oil and…
Bulk carrier owners & charterers Safe Bulkers, Inc. reports results for the third quarter and the first nine months of 2012, pays reduced dividend.Extract from Q3 2012 results Net revenue for the third quarter of 2012 increased by 10…
Thuraya Telecommunications Company announce certification of a range of MediaComms Solutions for its IP terminal.At the heart of Thuraya MediaComms is Thuraya IP, which is the world’s most compact satellite data modem, which is now fully…
Harrold van der Meer has joined the KOTUG group and will succeed Dorus Knegtel, the current COO & Vice President Business Development.Harrold van der Meer has a maritime background and more than 20 years experience in technical and operational management within the P&O Nedlloyd / Maersk Group…
The Port of Houston Authority partners with two cruise lines, PrincessCruises & Norwegian Cruise Lines, to use Bayport Cruise Terminal.Princess Cruises will make passenger cruise calls during the 2013-2014 cruise season, while Norwegian Cruise Lines has committed to begin service in 2014…
TBS Shipping Board of Directors appoint the Company’s co-founder & Chief Operating Officer, Gregg McNelis, to Chief Executive Officer & President. TBS Shipping Limited (TBS) provides worldwide shipping solutions to industrial shippers through its Five Star Service: ocean transportation…
The Ship Structure Committee (SSC) is re-soliciting research project recommendations for fiscal year 2013-2014.The strategic goal of the SSC, which is composed of a wide spread of shipping industry interests, aims to dentify gaps in ship structural knowledge…
A project by pump maufacturer Grundfos aboard a Lauritzen Bulkers cargo ship shows that large vessels could be losing money on wasted energy.The project, carried out on the 19,889-ton Durban Bulker, focused on efficiency in ships pumps…
