A.P. Moller-Maersk will not invest significantly in its shipping business over the next five years and will focus on its oil, drilling rigs & ports.Maersk intends to move away from the shipping side of things and go towards sectors which generate higher profits and are more stable…
Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada…
Oman's MB Holding Company, set to expand its newly aquired Oceanco. Rotterdam, shipyard facility.MB Holding Company, one of the largest oilfield services firms in the Middle East, has acquired Oceanco, a specialist in building luxury superyachts since 2010…
US Coast Guard Unified Command deploy survey & response inspection crews to the vessels aground on Ukolnoi Island, 40 miles east of Cold Bay.The five-person crew of the tugbboat Polar Wind was rescued Nov. 13 after the tug ran aground and began taking on water…
Australian shipbuilder Incat Tasmania Pty Ltd launch world’s first high speed passenger Ro-Ro ship powered by LNG (Liquified Natural Gas).The vessel will be the first installation of LNG powered dual fuel engines in an Incat high speed ferry…
General Dynamics receives US$ 62-million US Navy contract for common ballistic missile compartment development.The U.S Navy has awarded General Dynamics Electric Boat a US$ 61.7-million contract modification for the continued development…
Cruise ship 'Carnival Breeze' hoists 50' inflatable turkey aloft while Carnival Cruise Line donate 137,500 meals to 'Feeding South Florida'.The 1,250-pound nylon turkey — wearing a straw beach hat and colorful Hawaiian shirt – was hoisted…
U.S. Strategic Command (USSTRATCOM) has accepted the first Mobile User Objective System (MUOS) satellite for initial operational use. MUOS is a next-generation narrowband tactical communications system designed to improve communications for U…
The MCS container terminal in Leeuwarden & a winding hole for 110-metre container ships officially opened for business.The winding hole [turning basin] is at the junction of the Zwette and Van Harinxma canals. Following Westerbroek and Meppel…
Warships hunt down pirate skiff off the coast of Somalia, take 9 suspected pirates into custody and sink their boat.Romanian frigate ROS Regele Ferdinand, under command of the EU Naval Force (EU NAVFOR) worked in close co-operation with…
UK Maritime & Coastguard Agency report Yarmouth Coastguard's response to recent WSV's in distress.Yarmouth Coastguard coordinated the response for two Windfarm Support Vessels (WSV) working at offshore windfarms involved in separate incidents…
IMO's Maritime Safety Committee (MSC) meets at the Organization's London HQ for its 91st session from 26 to 30 November 2012. The busy agenda includes discussions on passenger ship safety; the adoption of amendments to the International Convention for the Safety of Life at Sea (SOLAS)…
In China's container terminal league table Shenzhen is overhauling HK, Dalian is the fastest growing & Yingkou vaults into top 25.Shanghai is still ahead of Singapore for top spot in the world – by some half a million boxes in the first three quarters – 24…
College students from three different schools in the Ålesund region of Norway make familiarisation programme visit to Ulstein Group.The students are participants in the “Motivational course”, a cooperation between ULSTEIN, STX OSV, Rolls-Royce Marine and NCE Maritime…
TEAM Ports & Maritime wins New York City Economic Development Corporation (NYCEDC) & Turner Construction Corporation contract.The contract is for the design, manufacture, assemble, transport and installation of two HYDRA Passenger Boarding…
