Decom North Sea (DNS) welcomed changes in the Budget that will boost the sector by giving increased certainty in turn leading to new jobs and investment in new technology. With annual decommissioning expenditure in the North Sea forecast to top £1billion within a few years…
Waterways Council, Inc. (WCI) President/CEO Michael J. Toohey issued the following statement regarding today’s mark-up of the Water Resources Development Act (WRDA) in the Senate Environment and Public Works Committee: “We thank Chairwoman…
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement commenting on the proposed offshore revenue sharing Senate Energy bill: “NOIA thanks Senators Murkowski and Landrieu for continuing their…
Intelsat S.A. announced that its subsidiary, Intelsat (Luxembourg) S.A. intends to offer $1,500,000,000 aggregate principal amount of senior notes due 2021. Intelsat Luxembourg's obligations under the notes will be guaranteed by Intelsat S…
The Canadian Ferry Operators Association (CFOA) announced its membership in Green Marine, a joint Canada-U.S. initiative aimed at improving the environmental performance of marine companies. Green Marine was founded in 2007 by major marine industry associations…
Wilson Sons Limited announces its results for the Fourth Quarter and full year 2012.Wilson Sons Limited, through its subsidiaries, is one of Brazil's largest providers of integrated port and maritime logistics solutions. Its principal operating…
Brazilian joint venture will use SmartMarine® Enterprise components for project with oil giant Petrobras.Tome Ferrostaal, a joint venture between Tome Engenharia and Ferrostaal in Brazil, has selected Intergraph® SmartMarine® Enterprise solutions…
Rates to ship iron ore, coal and grains rose for the longest streak in almost a year on speculation Chinese demand increased. The Baltic Dry Index gained for a 15th straight session, adding 1.4 percent to 912 today, according to the Baltic Exchange…
The 'Okeanos Explorer' is conducting mapping operation in the Western North Atlantic as part of the annual ship shakedown.Multibeam and singlebeam mapping operations are being conducted 24/7 between Rhode Island and the U.S.-Canadian territorial boundary…
The Canadian Ferry Operators Association (CFOA) has joined in 'Green Marine', a joint Canada-U.S. environmental initiative.“Canada’s waterways are the lifeblood of our members,” said Serge Buy, CEO of CFOA. “Without maintaining clean lakes and rivers…
The Coast Guard Cutter 'Mackinaw' breaks ice in Western Lake Superior in preparation for the upcoming shipping season.The Mackinaw (WLBB-30) is the only U.S. heavy ice breaking resource assigned to the Great Lakes and in addition to heavy…
ABB say its Onboard DC Grid will receive a 'Spotlight on New Technology Award' at the Offshore Technology Conference (OTC) May 6-9, 2013 in Houston.The awards honor innovative technologies for the oil and gas industry and related energy sectors…
Greece's Star Bulk Carriers Corp. announce its unaudited financial & operating results for the 3 & the 12 months ended December 31, 2012.Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector…
BAE Systems’ shipyard in Florida to build two additional platform supply vessels (PSV's) for Jackson Offshore Operators under a contract option.The new vessels, which will service offshore drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U…
Newbuildings orders for 5 container ships were cancelled and advance payments partially refunded by the shipbuilders.In addition, the company reached an agreement regarding the postponement of payments due in 2013 for other orders. The agreements…
