The Board of Directors of France-based CMA CGM, the world’s third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saadé to review the financial statements for the year ended 31 December 2009. In a…
In response to the possibility of the Deepwater Horizon oil spill affecting the West Coast of Florida, representatives from BP, the U.S. Coast Guard, and the Florida Department of Environmental Protection (DEP) are meeting to plan a multi-agency response…
Sea Tow Services International, the world’s largest marine assistance provider, announced the promotion of Robert Backhaus to Vice President of Operations, along with two additions to its corporate staff: Christine de la Garza, Director of Marketing…
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…
