DHT Holdings reported revenues for the period from July 1 to September 30, 2011 of $26.6 million, compared to revenues of $23.3 million for the prior-year period. For the quarter there was no profit sharing under our profit-sharing arrangements…
Scorpio Tankers Inc. has chartered-in a 2006 built LR2 product tanker (106,003 DWT), the Khawr Aladid. The vessel will be chartered-in for six months at $12,000 per day, and Scorpio Tankers has options to extend the charter for a period up to two years from delivery at $13…
In response to still pressing piracy threat off the coast of Somaila, Transas has developed an Anti-Piracy solution that will support maritime schools in performing relevant training. The Transas Anti-Piracy package consists of a mothership…
Kongsberg Maritime will supply a large suite of Maritime Simulators to Barombong Merchant Marine College (BP2IP) in Indonesia. As part of the contract, Kongsberg Maritime will provide its world-class Polaris and Neptune Simulators for navigation and engine room training to the school’s new facility…
Dan Gibson has joined SuperPort Marine - McGregor GeoScience Limited (Nova Scotia, Canada) as Vice President – Marketing and Project Development. Gibson, with over 25 years of industry experience in the marine technology sector, will focus on…
Ocean Power Technologies, Inc. (Nasdaq: OPTT) launched of a new technology initiative to enhance the efficiency of its patented PowerBuoy wave energy systems under its existing “WavePort” project. OPT will be working with a consortium of European…
Intellian Technologies strengthened its partnership with SpeedCast Limited, a leading satellite telecommunications service provider, for the Commercial Shipping and Offshore Oil and Gas markets. SpeedCast has expanded the reach and capabilities…
The regional offices of Trelleborg Marine Systems have in-house engineering capability, provide initial specification and front end applications engineering. The more detailed engineering design, modelling and analysis engineering for projects…
Maritime Services Corporation (MSC), a marine interior company specializing in turnkey installations, reports that it has a backlog of contracts exceeding $10.5m in value for assignments to be completed this November through March. A $6 million…
Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided in September to invest NOK 11 billion in two new compressors on Troll A. The two new compressors will enable Statoil to produce gas even faster and…
KOTC received its fourth giant oil tanker of a capacity of around 2.1 million barrels, from South Korea's Daewoo Shipbuilding and Marine Engineering Co. Al-Rigga, the last of a total of four tankers ordered from the South Korean firm carries 320…
World Leading Class Society Adds 11 Million GT in 9 months.Leading classification society ClassNK continues its streak of incredible growth with the Society’s Classification Committee confirming today that its register topped 190 million gross tons for the first time at the end of September 2011…
STX Canada Marine would like to congratulate Seaspan Vancouver Shipyards on the award of the contract for the Canadian National Shipbuilding Procurement Strategy (NSPS) for non-combat vessels. As a First Tier partner, STX Canada Marine…
Physical sampling determined that no oil remains after 70 years. After 11 days of survey and sampling, using both the latest in technology and physical sampling it was determined that no oil remains on the SS Montebello. The on-scene assessment of the sunken World War II tanker S…
Figures published by the International Marine Contractors Association (IMCA) reveal that globally there was a reduction in offshore diving work in 2010, compared with 2009, possibly due to the economic environment.A peak of close to 3,500…
