Norway-based Xeneta gets funding to advance their comparison engine to the shipping industry & expand into new markets.The company, a price comparison service for sea freight, say they have received €1.2m in institutional financing. The round…
Arctic offshore vessel NB 507 has been named after Russian Navigator Aleksey Chirikov at Arctech Helsinki Shipyard.The vessel will be delivered to the largest Russian shipping company Sovcomflot shortly and will continue its path straight to Sakhalin area in Far East Russia…
Eclipse Group Inc., of Annapolis, Md. and Seaward Services Inc., New Albany, Ind. awarded Navy contracts by the Deptartment of Defense.The Eclipse contract is valued at US$ 22,879,990, and the Seaward contract at US$ 21,849,824.Both contracts are cost-plus-fixed-fee…
Treasure hunters Sub Sea Research team up with Howe and Howe Technologies to recover 'Port Nicholson' cargo.Last year, Sub Sea Research made international news with the announcement of their discovery of the $4 billion gold and platinum cargo aboard the SS Port Nicholson…
DONG Energy & Siemens AG sign up to supply and service a total of 154 offshore wind turbines (OWT) of 6 megawatt each.The agreements give DONG Energy the option to install the turbines on its Gode Wind projects in Germany from 2015. Utilisation…
Ridgebury Tankers LLC announce a $200 million commitment from Riverstone Holdings LLC, alongside a $5.7 million commitment from Ridgebury management. The Connecticut-based Company will use the capital to acquire clean product carriers of…
Guangdong Yuexin Ocean Engineering has delivered the 'SMS Endeavour', an Anchor Handling Towing Supply (AHTS) Vessel .SMS Endeavour is intended for operations in the offshore waters of Asia, West Africa, and Middle East.The Martens Marine…
An additional 15,000 square metres has been added to the PT GAC Samudera Logistics (GSL) warehouse & distribution centre in Lippo Cikarang.The addition boosts the company's standing as one of Indonesia's largest third-party logistics (3PL) providers…
In response, Wilhelmsen Ships Service (WSS) launch the Nalfleet Potable Water Test Kit, which enables sea staff to monitor the quality of onboard potable water.The enforcement of the Maritime Labour Convention (MLC 2006) in August 2013 will…
The American Boat & Yacht Council (ABYC) appoint Ulrich Heinemann, to the new Board of Directors.Ulrich Heinemann is Managing Director of the International Marine Certification Institute (IMCI) which is located in Brussels, Belgium; he has…
After 6 months of charter Marigny Tug LLC of St. Augustine, Florida has closed on the purchase of the U.S. flag tugboat “Leslie Foss”.Prior to the sale, the twin-screw, sheer bow, ocean tug “Leslie Foss” (ex-Caribe Pioneer) had been on charter from Foss Maritime of Seattle…
Italian cruise firm Costa Crociere has been fined €1-million (US$1.3-million) for the sinking which killed 32 people.Costa had asked for a plea bargain deal to respond to the administrative sanctions, which under Italian law are for companies whose employees commit crimes…
Greene’s Energy Group (GEG) named David Lang as Mid-Continent Regional Manager for the Testing and Services business unit, announced President Eric Langlinais. Based in Lafayette, La., Lang will provide leadership, direction and operational support to the facility managers in the Bossier City…
As more deaths in enclosed spaces are reported this week, a call to action is needed and the industry must take note and bring this issue to the attention of each and every seafarer.“More must be done,” said Nigel Cleave, CEO of Videotel…
Increasingly lower oil demand in the U.S. prompts tankship operators to look towards the China market.According to a BIMCO review, the tanker market is doing full steam ahead – not in relation to demand, earnings or actual operating speed…
