On February 6, 2013, President Obama traveled to Newport News, Virginia to tour the shipbuilding site and address the impact of the looming sequester. A video of The President’s speech can be seen here: The President's complete remarks are transcribed below (from www…
GL Garrad Hassan has carried out new analysis questioning the perception that the risk profile of wave and tidal projects is primarily driven by technical challenges. The work was launched as part of RenewableUK's Annual marine energy report 'Conquering Challenges…
A provisional deal on proposed legislation for the safety of offshore oil and gas operations has been struck by MEPs and Council negotiators.Before oil and gas firms can get a licence to drill, the directive would require them to submit major…
MHI sets targets on enhanced business sophistication and efficiency, stronger support of globalization drive.Effective April 1, 2013, Mitsubishi Heavy Industries, Ltd. (MHI) will implement a complete reorganization of its corporate sector…
Survivors of the Costa Concordia grounding win a huge victory in the United States District Court for the Southern District of Florida.The District Judge ordered the claims of 104 survivors remanded to the Florida State Court for continued litigation…
The 107,123 dwt 'Eagle Turin', owned by AET is the 100th tankship refit project to be handled at Lisnave.This milestone in today’s highly competitive ship refit market, has been achieved over a period of 15 years, it being the second time…
Aker Solutions acquires managed pressure drilling specialist Managed Pressure Operations (MPO).Managed Pressure Operations International, Ltd. (MPO) is a company that has successfully developed the next generation of continuous circulation…
The Global Ocean Commission name chairs of a special plenary Sustainable Ocean Summit session to be held in Washington DC, in April 2013.Global Ocean Commission names Costa Rican President José María Figueres and South African cabinet minister Trevor Manuel…
Bourbon takes delivery of the 3rd vessel in the large Inspection, Maintenance, Repair (IMR) series for the offshore industry.The Bourbon Evolution 803 is the latest in a series of vessels designed to operate in complete safety at depths of 3000 meters…
The federal government approves a 25-year export licence for shipping LNG from Kitimat, a West Coast terminal proposed by a Shell consortium .The licence awarded to LNG Canada, a consortium of Shell, Korea Gas Corp., Mitsubishi Corp., and PetroChina International…
Crystal Cruises reports a 38% increase in advance bookings & an increase of $93 million in revenue over the same time last year. The cruise line says it kicked off 2013 with 'Book Now Fares', direct mail increases, strong travel agent promotional support worldwide…
MTN grants Lifetime Achievement Award to pioneer of broadband communications at sea, Richard Hadsall.The CEO and president of MTN Satellite Communications (MTN), Errol Olivier resently made the award at the company's Town Hall.Richard Hadsall…
The month of January 2013 was again a very busy month for A&P Shipyards in the northeast of England. On the River Tyne there have been a number of dockings / undocking’s: Longstone (Andrew Weir Shipping) - undocked early January after…
Cruise Ship Emergency Kits launched by Get Ready Room in response to the escalation of cruise disasters.According to USA Today, over 10 million Americans every year vacation on a cruise. A cruise ship creates the image of a floating city…
The new handbook explains the standards required of all existing and potential suppliers. This is the first time that all of Wärtsilä’s requirements and standards have been gathered into a single, easy-to-read overview. The handbook is also…
