OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. Nine months 2014 – Financial Highlights (IFRS accounts) USD millions…
China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design…
This year’s “Award for Exceptional Bravery at Sea” is given to the crew from the DFDS ship BRITANNIA SEAWAYS. The award is presented by United Nations’ International Maritime Organization (IMO) for exceptional bravery displayed at sea.The…
U.S. Rep. Bill Shuster (R-Pa.) was selected today by the House Republican Conference to serve again as Chairman of the U.S. House Committee on Transportation and Infrastructure, one of the largest committees in Congress. “I am honored that…
The U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement today regarding port congestion, as well as the Transpacific Stabilization Agreement’s (TSA) amendment to expand its scope to include westbound trans-Pacific trade…
Samson has completed its 15,000-square-foot expansion at its Ferndale Washington facility. The expansion includes a new Innovation and Training Center (ITC) and several enhancements to the manufacturing area.According to Samson, the ITC…
The U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) will soon take action to ensure compliance with the forthcoming 0.10 percent fuel sulphur limits in the North American and U.S. Caribbean Sea Emmission Control Areas (ECAs)…
New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…
Oy Langh Ship Ab will receive a new managing director at the turn of the year, when the current managing director, Hans Langh, takes over as Chairman of the Board for the shipping company. Laura Langh-Lagerlöf has been elected as the company’s new managing director…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Shanghai October 30-31, 2014. The meeting was attended by industry representatives including the chairman of Intercargo John Platsidakis…
Naiad Dynamics, an international manufacturer of ship motion control technologies, has introduced the first products in its new line of electric-powered stabilizer systems designed for use on ships operating both AtSpeed and AtRest.“These…
Huntington Ingalls Industries, Inc. (HII) announced today that it will sell $600 million aggregate principal amount of 5% senior notes due 2021 at a price of 100% of the par value.The company said it intends to use the net proceeds from…
Crowley Maritime Corporation recently awarded Thomas B. Crowley Sr. Memorial Scholarships to two University of North Florida (UNF) students who are also currently part-time employees with the company. UNF seniors Olivia Musselwhite and Matthew Petrone each received $2…
Maritime Reporter & Engineering News, the world's largest circulation b2b marine publication, announced that Applications for its Annual Awards Issue -- 'Great Ships of 2014' -- will close on Friday, November 21, 2014.This annual awards…
JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.JPMorgan completed…
