On June 15, 2011, the EPS M10 Hovercraft was commissioned as the “Al-Wajh.” Hovercraft Al-Wajh is the first of two to be delivered by EPS Corporation of Tinton Falls, NJ, to the Kingdom of Saudi Arabia Ministry of Interior Border Guard. The…
OSX Brasil S.A., a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced the release of an internal investigation report on the causes of the April 20, 2010, Macondo well incident in the Gulf of Mexico. Following the incident, Transocean commissioned an internal investigation…
Svitzer UK and Sanderson Maritime have launched Seatel, a North Sea barge with a 70 bedroom hotel module offering a comfortable, stable platform and high quality accommodation at half the cost of current market alternatives. Designed for anchorage in deep-sea locations…
DryShips Inc., a provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that it has obtained unanimous consent from its existing syndicate members to amend the $495…
Wilhelmsen Ships Service (WSS) Kuwait has recently won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC). KOTC is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC…
Ray Kranzusch has been appointed to the position of Product Manager, Oil and Gas Drills, for Atlas Copco Construction & Mining effective immediately. In his new role, Kranzusch will report directly to Scott Slater, Business Line Manager for…
Tsakos Energy Navigation Limited (TEN) has announced the sale of the 1991-built Aframax tanker Vergina II to third party owners. Vergina II, sister vessel of Victory III sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1…
There are now only ten days left to cast your vote for the Outstanding Contribution to Sustainable Shipping Award to be presented at the Radisson Blu Hotel in London on July 7th.With only four shortlisted nominees for the prestigious award for Outstanding Contribution to Sustainable Shipping…
Miami-based outfitting contractor Sea Level Marine announced its recent successful completion of a dry-dock refit of Crystal Cruises’ Serenity on May 21, 2011 at Meyer Werft yard in Hamburg, Germany. The scope of the 14-day project was an interior…
TITAN Salvage has appointed Mark Hoddinott to global director, marketing and strategy, responsible for developing, delivering and managing the company's strategic marketing and business development plans. He will operate out of Titan's UK facility at Newhaven…
TT Club, the leading mutual insurer in the international freight and logistics arena, has had its financial strength rating of A- (Excellent) re-affirmed by the US rating agency, A. M. Best. TT’s issuer credit rating was also maintained at 'a-' by the agency…
The United Seamen's Service (USS) 2011 Admiral of the Ocean Sea Awards (AOTOS) will be presented to James L. Henry, Chairman and President of the Transportation Institute; General Duncan J. McNabb, Commander, U.S. Transportation Command; and Robert D…
The new generation of 10,000 TEU container vessels contracted in China by Seaspan represents major improvements in energy efficiency, cargo capacity, operational efficiency and emission reductions. The new features have been developed in a collaboration between Seaspan…
InterManager, the international trade association for the shipmanagement industry, announced the completion of the development phase of its six-yearproject to produce an industry wide performance measurement tool. The Project is set to be rolled-out to the worldwide shipping industry…
