Second SHIPPINGInsight Fleet Optimization Conference Scheduled for October 22-24 in Stamford, Conn. The organizers of the SHIPPINGInsight Conferences have announced that the 2013 Fleet Optimization Conference will take place Oct. 22-24 in Stamford…
Hydroid, Inc. announced the addition of two new faculty. Steve Brodet has joined Hydroid, Inc., a Pocasset-based, manufacturer of Autonomous Underwater Vehicles (AUVs), as an Applications Engineer. Brodet brings more than eight years’ experience as a Physical Scientist…
Furuno has established training facilities in India and the Philippines through close cooperation with the newly established Moloobhoy Training Center in Mumbai and COMPASS Training Center in the Philippines. The two training centers have…
The International Association of Drilling Contractors (IADC) has recognized Mike Hoyle, one of GL Noble Denton's leading technical authorities for offshore oil and gas structures, for his contribution to new ISO Standards for the site-specific assessment of mobile offshore units…
Naval Surface Warfare Center, Carderock Division (NSWCCD) completed Military Sealift Command hospital ship USNS Mercy (T-AH19) Anemometer Positioning Evaluation (APE) testing in support of Naval Air Systems Command (NAVAIR) and Military Sealift Command (MSC)…
Group’s 4Q 2012 performance improves 75%; meets cost saving goal of US$500 millionGlobal container shipping and logistics group Neptune Orient Lines (NOL) reported fourth quarter 2012 Core EBIT (Earnings Before Interest and Taxes) loss of US$69 million…
ABB to fund 40 research projects at universities worldwide that will shape the future of power and automation.The ABB Research Grant program is intended to support promising graduate students and senior researchers who are researching projects…
The Polarled-pipeline will export gas from Statoil's Aasta Hansteen field in the Norwegian Sea to the Nyhamna gas plant.Statoil has awarded Marubeni Itochu/JFE the fabrication contract for linepipe to the Polarled project, while Wasco has been awarded the coating contract…
Seafarer Exploration Corporation complete phase 1 on Lantana Beach, FL shipwreck site, move on to dig & identify phase 2.The dig and identify permit allows Seafarer to dig and determine various artifacts to help identify the ship. The final phase of excavation will be Phase III…
COSCO Group achieved net profit attributable to equity holders of $105.7 million on turnover of $3.7billion in 2012.Group turnover decreased 10.3% to $3.7 billion in 2012 from $4.2 billion in 2011 owing to a decrease in shipyard and dry bulk shipping revenue…
The Director, Navy Staff, Vice-Adm. Richard W. Hunt, recommends the LCS council continue, looks to program future.In a recent memo to the Chief of Naval Operations , the Director, Navy Staff, Vice Adm. Richard W. Hunt provided an update…
Police in Prachuap Khiri Khan arrest 4 crew of a fishing boat modified to carry 100,000 ltrs of untaxed diesel oil.The men confessed that the oil was provided by the vessel's owner, who ordered them to sell it while at sea, which they had…
Michigan Boating Industries Association (MBIA) applauds introduction of legislation to help marinas during dredging crisis.Senate Bill No. 215, introduced by Senators Brandenburg, Hansen, Casperson, Booher, Green, Walker, Robertson, Jones…
International Shipholding Corporation closes public offering of $25 Million of its 9.50% Series A cumulative redeemable perpetual preferred stock.Dividends will be payable on the Series A Preferred Shares at an initial rate of 9.50% per annum of the stated liquidation preference when…
The Apprentice School gymnasium at Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division transformed.Using materials such as duct tape and marshmallows, NNS, in partnership with NASA Langley Research Center and the Peninsula Engineering Council (PEC)…
