Ensco plc announced today that EVP & CFO Jay Swent, 64, will be retiring after more than 11 years of service. Mr. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named…
On July 7, Crimson Polaris, a wood-chip carrier operated by NYK Line, rescued nine fishermen in distress off the coast of the Philippines. While Crimson Polaris was sailing from Australia to China through a navigational lane in the South China Sea on July 7…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that in 2015 it has awarded a record 86 scholarships with a value totaling just over $400…
Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V. Scheduled for delivery in the fourth quarter of 2018…
Ten environmental groups say a missing icebreaker should be a deal-breaker for Arctic offshore drilling by Royal Dutch Shell PLC off Alaska's northwest coast and urged the U.S. government not to grant final permits to Shell, reports Reuters and AP…
Russia is making moves to revive and increase the size and scope of its Black Sea submarine fleet, the Russian Ministry of Defense stated. Project 636.3 Varshavyanka diesel-electric submarines that will sequentially join the Russian Black…
The French company DCNS has released details of the new submarine it wants to build for Australia as a replacement for the navy's Collins subs. DCNS is offering Australia a new submarine design it calls the Shortfin Barracuda as its contender in the $50 billion new submarines project…
Gaz Métro, a large LNG distributor, has commissioned the first ferry in North America to run on LNG, the NM F.-A.-Gauthier, through its subsidiary, Gaz Métro LNG L.P. The vessel was commissioned in Québec, Canada. It is also the first ship of any kind to run on LNG in Canada…
Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, has registered a half yearly net profit of $135 million (QR490.2mn), up 10% on the same period last year. The healthy financial results reflect “Nakilat’s strategic development…
Ensco plc announced that EVP & CFO Jay Swent will retire after more than 11 years of service. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion…
A mariner was medevaced by a U.S. Coast Guard Station Valdez, Alaska, boatcrew and a Valdez Fire Department emergency medical technician from the Valdez Narrows near Valdez, Tuesday morning. The station’s 45-foot Response Boat-Medium crew…
Kraken Sonar Inc. announced it has recruited two industry veterans to further develop its sensors-to-systems strategy. Joining the company is Dr. Tom Tureaud, who brings 30 years of industry experience with expertise that resulted in 12 patents…
Heesen Yachts announced that following intensive sea trials in the North Sea, on July 10, 2015, YN 17255 M/Y Azamanta, the world's first Fast Displacement steel-hulled yacht over 50 meters, was delivered to her owners in international waters…
Noelia Rodriguez to fill newly created executive role The Long Beach Board of Harbor Commissioners on Monday selected Noelia Rodriguez as the Managing Director of Communications to oversee the Harbor Department’s Communications, Government Relations and Marketing divisions…
Atlas Copco informs it has ranked 11th in the world and highest in the industrial sector by Newsweek Green Rankings, a corporate environmental ranking of the 500 largest publicly-traded, global companies by market capitalization.Newsweek…