Transocean Ltd. (NYSE: RIG) (SIX: RIGN) reported net income attributable to controlling interest of $677 million, or $2.09 per diluted share, on revenues of $2.602 billion for the three months ended March 31, 2010. The results compare to net…
Trailer Bridge, Inc. announced that in a non-final order of the court, the company has been dismissed with prejudice against the named plaintiffs from a lawsuit seeking class action status related to alleged anti-competitive activity in the Puerto Rico marine trade…
Normand Ranger for Solstad Offshore is delivered from Ulstein Verft May 5. Completion of the anchor handling vessel has been a challenging task but the shipyard delivers the project to the agreed terms within time.Ulstein Verft won the contract…
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the first quarter ended March 31…
1796-Congress increased the monthly compensation of Revenue Marine officers: masters $50; first mates $35; second mates $30; third mates $25 and mariners $20. 1896-President Grover Cleveland placed the Lighthouse Service within the classified federal civil service…
1909 - Great White Fleet anchors in San Francisco 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC1942 - CAPT Milton Miles arrives in Chungking…
Statoil's first quarter 2010 net operating income was NOK 39.6 billion, an 11% increase compared to NOK 35.5 billion in the first quarter of 2009. The quarterly result was mainly affected by a 48% increase in liquids prices measured in NOK and a 35% decrease in gas prices…
Keppel AmFELS Inc., the US wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered the first of four EXL rigs to Rowan Drilling Company, Inc. (Rowan) safely, on time and within budget. The rig, christened Rowan EXL I at the yard last Saturday…
Following hot on the heels of EU NAVFOR French ship Tonnerre’s success, who earlier on May 1, tracked down and destroyed a mother ship, EU NAVFOR FS La Fayette destroyed another mother ship and held another nine suspected pirates for questioning…
ABS is drawing upon the industry experience of Horton Wison Deepwater, a leader in deepwater technology development, to further strengthen its knowledge for the certification of risers and flowlines as a certified verification agent (CVA) for these installations…
ABS has issued a series of notations in support of critical well testing activities being undertaken by energy operators worldwide to determine the commercial nature of their reservoirs. The importance of well testing to determine the…
April 30, Safety Alert on the Deepwater Horizon Explosion and Fire Resulting in Multiple Fatalities and Release of OilOn April 20, 2010, a loss of well control occurred and resulted in an explosion and fire on the Mobile Offshore Drilling Unit Deepwater Horizon…
The Federal Register has published the final rule setting new emission standards for Category 3 marine diesel engines. The rule also includes an extensive set of technical amendments to our other highway and non-road engine programs. The…
Attorneys with the Houston trial law firm Arnold & Itkin LLP filed a wrongful death lawsuit on behalf of the family of Aaron Dale Burkeen, one of 11 men still missing after the recent oil rig explosion in the Gulf of Mexico. A resident of Philadelphia…
Princess Cruises, a unit of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), announced that contracts to build two 3,600-passenger ships have been finalized with Italy's Fincantieri shipyard. The new ships are scheduled to enter service in spring 2013 and spring 2014…