Offshore Systems, a producer of NMEA2000 digital vessel monitoring systems, said it has made a key appointment, recruiting George Davis to the post of mechanical designer, following the company’s reported recent increase in global business for its bridge systems…
PACC Offshore Services Holdings (POSH) is looking to raise between $304 million and $334 million in a Singapore listing, according to a term sheet seen by Reuters.POSH, which is part of the empire of Malaysia's richest man, Robert Kuok, operates a fleet serving offshore oilfields in Asia…
Wellsite Rental Services, LLC (WRS), a comprehensive, rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Rex Ferrier as vice president - Texas operations. Ferrier joins Wellsite…
North Sea Forties crude differentials retreated on Monday as traders said last week's move higher on the back of tighter May supply was overdone, despite the possibility of a VLCC cargo to South Korea in late April.Forties differentials…
The German government will give its blessing on Tuesday to a sweeping reform of renewable energy laws designed to slow cost increases as Europe's largest economy moves to nearly double its green power share to 45 percent by 2025.Chancellor…
Clean tanker rates on the transatlantic route edged higher on Monday helped by light bookings although the market continued to struggle with a glut of vessels.Rates for medium-range (MR) tankers for 37,000 tonne cargoes on the TC2 route from Rotterdam to New York were at W124…
NCS Survey, an Acteon company, has appointed Simon Goldsworthy as business development manager in its Aberdeen office.Goldsworthy will be responsible for building relationships with existing and potential clients and growing NCS Survey’s presence in the offshore industry globally…
Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry…
The Coast Guard Authorization Act of 2010 removed the size limit on offshore supply vessels (OSVs). The Act also directed the Coast Guard to issue, as soon as is practicable, a regulation to implement section 617 of the Act and to ensure the safe carriage of oil…
Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.Hayward is on a shortlist with Roger Agnelli…
The U.S. Coast Guard (USCG) Thursday released the report of investigation into the circumstances surrounding the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, Dec. 31, 2012.A series…
Global inspection, repair, maintenance (IRM) and light construction company Harkand informs it has made a key appointment by securing Mike Brown as general manager of diving services in North America.A U.S. Navy veteran, Brown has considerable…
MHI president Miyanaga offers W\words of advice and encouragementMitsubishi Heavy Industries, Ltd. (MHI) held a ceremony this morning at Shinagawa Intercity Hall in Tokyo to formally welcome new employees joining the company this year. President Shunichi Miyanaga addressed the new recruits…
Maritime Unions have met in Auckland, New Zealand, to work towards a Regional Maritime Federation to build union strength throughout the South Pacific.The meeting brought together the Maritime Union of Australia (MUA), the Maritime Union of New Zealand (MUNZ)…
In SSI's Waveform Blog, SSI CTO Denis Morais provides insights into the rising tide of business and technology innovations in the shipbuilding and offshore industry.Morais has extensive experience and knowledge using various development…
