COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore.The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund…
Hyundai Heavy Industries & Cummins announce a J/V to build mid-range engines in Korea.The engines will extend from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. The…
APM Terminals is entering the Russian market in a strategic partnership with the leading Russian transportation group, N-Trans. By acquiring 37.5 pct. of the public company Global Ports, APM Terminals becomes an equal controlling partner in the leading operator of container terminals in Russia…
Construction of Van Phong International Transshipment Port has ceased, opening door to investors says economic zone official.The $3.6 billion transshipment port, fully funded by the debt-laden Vietnam National Shipping Lines , or Vinalines…
British aircraft carrier HMS Illustrious is due to retire in 2014 & Defence seek proposals from organisations interested in preserving the warship.HMS Invincible, HMS Illustrious and HMS Ark Royal came into service in the early 1980s and…
20 Mayors to discuss severe weather implications for Mississippi River sustainability & need for regional co-operation.Spurred by the severe drought and Hurricane Isaac, Mayors from towns and cities along the Mississippi River will participate…
CEOs of the world’s leading tidal device developers to meet & collaborate at upcoming summit.CEOs from Atlantis Resources Corporation, Andritz Hydro Hammerfest, Marine Current Turbines, Tidal Generation (Rolls Royce) and Voith Hydro Ocean…
US-based Yale Cordage, a custom and specialty rope manufacturer, announce that Bill Putnam has been named president of the company.Saco, Maine-based Yale Cordage is a custom and specialty rope manufacturer that designs a wide variety of application-specific ropes…
Crystal Cruises unveils the world's first self-contained, free-standing 'living wall' at sea, with indoor plants depicting a world map.A living wall is a vertical garden that is pre-planted in panels and then attached to the wall or facade of a building…
Shipbuilders of General Dynamics NASSCO completes assembly & weld-out of 26,241 metric tons of steel structure for first mobile landing platform for US Navy.The final block for the first MLP ship, comprised of the ship's exhaust stacks and weighing 277 short tons…
Shell accepts US$560-million offer from Plains Exploration & Production (PXP for working interest in Gulf of Mexico Holstein asset.Shell received an unsolicited offer from PXP for Shell’s working interest. The transaction is effective October 1…
Transas Marine launches its Port Management Information Systems (PMIS), a comprehensive solution for real-time port management.Developed in accordance with the port industry best practice, the Port Management Information System (PMIS) from…
Bollinger Shipyards, Inc. announce the upcoming retirement of its Vice President Central Division, Larry Vauclin.Vauclin’s retirement was announced by Bollinger Executive Vice President, Ben Bordelon, who said, 'Larry has been a critical part of the growth of Bollinger over the past 16 years…
InterMoor, an Acteon company, completes installation of the drilling and production conductors for the Papa Terra offshoref Brazil.Petrobras serves as the operator of the Papa Terra concession with a 62.5 percent interest; Chevron holds the remaining 37…
Gavin Higgins has joined Nichols Brothers Boat Builders as Chief Operating Officer (COO).Gavin Higgins has been appointed the Chief Operating Officer at Nichols Brothers Boat Builders. Gavin’s duties will include oversight of Engineering…
