Government of Panama approves canal tolls increases effective Ocober 2012.The Government of Panama has approved the proposal to restructure and apply selective increases in the Panama Canal pricing system, effective from 1 October 2012 to 1 October 2013…
Global Marine & Container Terminal Operation Industry market research report available.Extracts the IBISWorld report follow:Over the long term, IBISWorld projects that trends towards globalization, complex international supply chains…
Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.Renaissance subsidiary, Topaz Energy and Marine (“Topaz”), a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million…
Oil Search awards Kumul Marine Terminal pipeline IRM contract to Fugro-TSMFugro-TSM, a division of Fugro Subsea Services, has been awarded the Kumul Marine Terminal Pipeline IRM (Inspection Repair Maintenance) contract by Oil Search Limited…
Bollinger announces the appointment of Charles 'Skip' Bowen as Vice President Government Relations.Mr. Bowen joined Bollinger in April 2011 as Program Manager for the FRC “Sentinel” Class Patrol Boat building program at Bollinger’s Lockport facility…
Ship operator's latest report says fire remains under control although hotspots still exist.The ship's geographical situation remains unchanged, some 200 miles off the nearest land.Helmut Ponath, CEO of Reederei NSB comments: “I consider…
China's largest RoRo 'Bohai Emerald Bead' with the longest reach leaves Yantai Port in East China.Different from ordinary ships, the 36,000 displacement civilian passenger and roll-on/roll-off ship was constructed in accordance with national…
UK-based Stephenson Clarke Shipping goes into liquidation after nearly 300 years trading.Stephenson Clarke Shipping Ltd is the oldest British shipping company. King George II had been on the throne of England for just three years when the…
US Coast Guard Cutter Juniper deploys to far Arctic region for joint operations. The Newport, R.I., based Coast Guard Cutter Juniper is deploying to the Arctic to conduct maritime safety and security exchanges with the Canadian navy and coast guard along with elements of the Danish navy…
US salvage company Resolve has taken over the salvage contract of the wreck on the Astrolabe Reef, New Zealand.The salvors have started cutting up internal sections of the bow of the container ship which ran on to the Astrolabe reef off Tauranga…
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…
