Nordic American Tankers Limited (NAT) - Declaration of dividend for the 70th consecutive quarter. The first time was in October 1997.The Board of Nordic American Tankers Limited has declared a cash dividend of $0.22 per share for 4Q2014…
Michael McNamara has been appointed as Managing Director for the Americas for Veritas Petroleum Services (VPS). McNamara, who holds an MBA in international business and finance from Oklahoma City University, is an experienced executive with…
Victor Mooney has announced that he'll continue his transatlantic row in tribute for his brother who died of AIDS in 1983 and to encourage voluntary HIV testing. Mooney was robbed while heading home late last year after rowing across the Atlantic Ocean…
The London-headquartered St Kitts & Nevis International Ship Registry (SKANReg) is set for major expansion of its commercial and pleasure yacht fleet following the launch of a national yachting policy by the government of the twin-island federation…
The Coast Guard, state and local agencies responded to a report of a missing duck hunter in the vicinity of South Pass on the lower Mississippi River, Thursday.Watchstanders at Coast Guard Sector New Orleans received a report of the missing…
ABB, the leading power and automation technology group, has won an order worth about $40 million from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an existing substation in Sri Lanka.The order was booked in the fourth quarter of 2014…
Russia’s renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. Various industry ministries have been charged with analysing industry prospects until 2030…
At 2:10 a.m. Jan. 3, 2015, while en route to Oranjestad, Aruba, Holland America Line’s ms Zuiderdam answered a distress call from the Bahamian inter-island vessel Excalibur that was sinking with eight crewmembers onboard. Zuiderdam was approximately…
The Navy will christen the future USNS Trenton (JHSV 5) Jan. 10 during a 10 a.m. CDT ceremony in Mobile, Alabama. Secretary of the Navy Ray Mabus will deliver the ceremony’s principal address. Virginia Kamsky, chair and chief executive of Kamsky Associates…
TRIYARDS Holdings Limited an offshore vessel fabrication and engineering solutions provider to the oil, gas (O&G) and marine industry, started the year on a promising note, armed with US$75.4 million in new liftboat orders.The latest liftboat contracts not only add to its orderbook…
PSA Marine Qalhat SAOC (PSAMQ), a joint venture company formed between PSA Marine (Pte) Ltd (PSA Marine) and Golden Dunes International LLC (GDI), will commence towage operations for Oman LNG LLC (OLNG) in Sur, Oman on 11 January 2015. The contract will be for a period of 10 years…
Matson reports higher than expected 4Q14 ocean transportation operating income; preliminary full year 2015 outlook expected to be flat to modestly higher than 2014 levels Matson, Inc. said it holds a higher operating income outlook for the fourth quarter 2014…
ALMACO Group Offshore Division Receives ISO 14001 and OHSAS 18001 Certifications ALMACO Group has received multi-site certifications for ISO 14001:2004, for implementation of Environmental Management Systems (EMS), and OHSAS 18001:2007,…
John C. Daidola has joined Webb Institute as Assistant Professor of Structural Engineering. Dr. Daidola is a structural engineer with over forty-years of experience. His early experience was as Design Engineer at Newport News Shipbuilding…
ClassNK has released the second edition of its Guidelines for Container Stowage and Securing Arrangements. The update comes in response to recent industry changes as the amount and size of container carriers increases more than ever before, the classification society said…
