Saipem has been awarded new offshore contracts worth over 1 billion euro. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors…
STX Finland Oy appointed Juha Heikinheimo as new President of STX Finland Oy. Heikinheimo will replace Martin Landtman. It has been agreed that Mr Landtman steps down from his position with immediate effect. While STX Finland in the last years…
U.S. Barge recently delivered another high capacity petroleum barge to Harley Marine Services. Barge Sixty-Five Roses is a unique design from Elliott Bay Design Group. With new efficiency and voluntary environmental features incorporated into the design…
The Hellespont Group strengthened its global base in Hamburg, Germany, by buying out the two minority partners in its Hamburg-based shipmanagement company and reshaping its corporate organization.The 25 percent each minority interests held…
Maersk Tankers, Hyundai Heavy Industries (HHI) and Det Norske Veritas (DNV) have agreed to collaborate on the design and risk assessment of tankers for shipping CO2.Maersk Tankers is already in a partnership with Maersk Oil and Finnish utilities Fortum and Teollisuuden Voima (TVO)…
Topaz Marine recently confirmed the acquisition of the Multipurpose Support Vessel (MPSV) Ocean Commander in . The vessel has been renamed Topaz Commander and joins Topaz Marines’ fleet of around 100 vessels. Built in 1999 in Myklebust as a 84 m UT 745 Platform Supply Vessel (PSV)…
Samsung Heavy Industries (SHI) apparently found no troubles in Greece this year, as the company reports inking a deal for five ships at Posidonia 2010, meaning its contracting amount has reach $3.3 billion in 2010, more than double the annual contracting amount of the previous year…
The headline in the Financial Times is enough to raise the hair on the back of our necks: “Growing Global Confidence Helps Risk Appetite.” I hope that this headline, if you saw it, scared you as much as it did me. Although I have some confidence about the future of shipping…
The management of Greenhouse Gas (GHG) emissions from shipping has been widely talked about and extensively reported on over the past six months. The disappointment of COP 15 and the resulting lack of clarity has caused some frustration…
Two undergraduate students, Andrew Lachtman and Lidia Mouravieff, at the Webb Institute in Glen Cove, N.Y. were awarded Thomas B. Crowley Sr. Memorial scholarships for their community service and academic achievements. Retired U.S. Coast Guard Rear Adm…
Crowley Maritime Corporation presented U.S. Merchant Marine Academy Midshipman Kevin Kinsella with the Maritime Security Enhancement Award, during the academy's graduation awards convocation. Charles Hill, chairman of the academy's alumni foundation…
Even for Hyundai Heavy Industries (HHI), the world’s largest shipyard group, it was a remarkable occasion. In a quadruple naming ceremony at HHI’s Ulsan shipyard on July 2, Rickmers Group christened four ultra-large container ships (ULCS) of 13…
Regardless of today’s economic and financial reality, wealth creation and oil prosperity go hand in hand. While the medium to long term prospects are good, it is a major challenge for the offshore and maritime communities to secure the financing…
Maritime Reporter invited Carleen Lyden-Kluss, Co-Founder and Executive Director of the North American Marine Environment Protection Association to provide an overview of the Deepwater Horizon disaster in the Gulf of Mexico.On April 20…
We all appreciated Don Sutherland's celebration of the 150 years of Moran towing (Maritime Reporter & Engineering News, April 2010). It was an exciting collection of vignettes on the life of the company and of its founder, Michael Moran. There…