Wilh. Wilhelmsen Holding ASA (WWH) operating profit and total income declined quarter on quarter and year over year.The company attributes the decline in profits mainly as a consequence of continued drop in shipping volumes and a less favourable cargo mix…
At least 3 people dead and up to 6 missing after the container ship 'Jolly Nero' hit the tower in the hours of darkness.Part of the tower, in which about 14 people were present at the time of the accident at around half past midnight local time…
Tests by Parat Halvorsen on oil spill response equipment (OSR) for offshore supply vessels reveal significant deficiencies with systems using hot water coils. Norway's Parat Halvorsen undertook a series of trials after a number of lower cost…
CWind wins contract for 6 CTruk 20T multi-purpose cats to provide crew & load transfer services at Gwynt y Môr Offshore Wind Farm. Cwind say that this is their largest vessel contract win, and the six workboats will arrive on site over the next two months as construction activity picks up…
President & CEO Mathews Pothen of Guam Shipyard advises its 280 workers they will not benefit by joining a union.Guam Shipyard employees are shortly to make an important decision for their future – either to remain status quo or to be represented…
The International Chamber of Shipping (ICS) joins with International Transport Workers’ Federation (ITF) submit a complaint to IMO.The joint submission to the International Maritime Organization (IMO) comments on the apparent failure of some flag states to submit maritime casualty reports to IMO…
Interlake Steamship moves toward upgrading its fleet to energy efficient, more environmentally friendly LNG fuel.The company has announced that it has reached an agreement in principle with Shell to supply liquefied natural gas (LNG) to support…
The Department of the Interior’s Bureau of Safety & Environmental Enforcement (BSEE), Noble Energy, Inc. and the Helix Well Containment Group (HWCG) participated in the exercise.A full-scale deployment of critical well control equipment…
DNV Software launches a software solution for offshore risk analysis of offshore structures in challenging environments.Harsher environments, life extension and more demanding regulatory and business requirements are some of the challenges the offshore industry faces…
IHC Hydrohammer, part of IHC Merwede has developed and tested a new technology which uses seawater instead of hydraulic oil.This sustainable product development minimises potential oil spill hazards in the marine environment and presents new…
Algoma Central Corporation (Algoma) wins in its dispute with a Chinese shipyard at a London, UK, Arbitration Tribunal.The tribunal heard the shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation…
The Amber Coast Logistics project brings together 19 project partners from Belarus, Denmark, Germany, Latvia, Lithuania and Poland, as well as another 25 associated partners. Founded with EU support, the project is designed to strengthen and…
ABB’s onboard DC grid was one of 15 technologies selected for an award at the current OTC expo in Houston Texas.The grid concept was selected for an award by a panel of representatives from the OTC Board and program committee. To qualify,…
IMO begins a 6-month consultation on the administrative burdens that may come with compliance with IMO instruments.The intention is to gather data from a broad spectrum of stakeholders from which recommendations on how to alleviate administrative burdens can be developed…
New research reveals the impact of post-Macondo reform U.S. oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple with the consequences of a tougher, post-Macondo regulatory regime…
