A surplus of tankships seeking Persian Gulf cargoes curbs earlier charter rate increases.There are 20 percent more very large crude carriers for hire over the next 30 days than there are cargoes, according to the median estimate of seven shipbrokers and owners (TANKER) surveyed by Bloomberg News…
Kongsberg Maritime awarded two contracts by SMD to supply cameras for subsea trenching & mining vehicles.The first contract is for cameras and accessories for a new generation high powered deep water Trencher, recently delivered and currently undergoing sea trials…
Singapore-based offshore energy group Swiber Holdings issues its Q2 & HY 2012 financial report.Swiber Holdings provide offshore construction, offshore marine, subsea & offshore development services.2Q 2012 highlights: Net Profit surges 66…
A Diamond Offshore Drilling subsidiary contracts with Jurong Shipyard, Singapore for a moored semi-submersible rig.Total cost for the project is expected to be approximately US$ 370-million, including commissioning, spares and project management…
Jensen Maritime, subsidiary of Crowley Maritime, opens an office in New Orleans giving to access U.S. Gulf, West and East Coasts.Seattle-based Jensen Maritime Consultants, Inc., is a naval architecture and marine engineering firm owned by Crowley Maritime Corporation…
Veson Nautical announce IMOS7, an update to its maritime business software.US-based Veson Nautical, founded in 1979, is a provider of maritime commercial management and trading software solutions.The new version delivers client-driven features…
STX Europe report increased operating revenues, but cruise & ferry sector showed lower than expected activity in Q2 2012.STX Europe achieved operating revenues of NOK 5 651 million in second quarter 2012, an increase of NOK 782 million compared…
Naval Radar Experts Meet to Share Experiences and Suggest ImprovementsUsers of the Saab Sea Giraffe naval radar are meeting this week in San Diego to share their experiences with the operation and support of the Sea Giraffe family of naval surveillance radars…
Joins More than 30 International Maritime Industry Speakers. Clay Maitland, managing partner of International Registries, Inc., which administers the Marshall Islands Ship Registry, the third largest registry in the world, will be the keynote…
Cavotec wins order to supply 18 MoorMaster automated mooring units for a Mediterranean Sea port.MoorMaster is a vacuum-based automated mooring technology that eliminates the need for conventional mooring lines. Remote controlled vacuum pads recessed in…
Petrobras signs a $900 million contract with OSX Brasil SA to convert two oil tankers into FPSO's.According to Reuters, OSX, controlled by Brazilian billionaire Eike Batista, has agreed to deliver the first platform in 49 months, just over four years…
The 'Chauncy Maples' project aims to bring health care to Lake Malawi's poor by renovating Africa's oldest motor ship.The charitable trust announce the purchase of a reconditioned Grove crane with 25 ton lifting capacity to lift the engine…
Panama Canal expansion will bring higher volumes, larger vessels, new trading patterns, trends analysed in a new report.As the completion of the Panama Canal expansion nears, a number of concerns have surfaced regarding the ability of U.S…
Portsmouth-based 'HMS Westminster' returns home from a Middle East deployment which included a £14-million drugs bust.During seven months away - clocking up more than 44,000 miles (71,000km) - the ship disrupted three groups of suspected pirates…
Telemar Group through its German subsidiary Telemar GmbH to provide broadband satellite communication for the 37-strong fleet.The Essberger Group, operating a fleet of35 vessels currently, is a diversified group with activities in t shipowning and shipmanagement…
