Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million.DNV classed and Norwegian-designed, the VS491 21,000 bhp AHTS is a hybrid propulsion diesel electric driven vessel with dynamic positioning 2 (DP2) technology…
Passengers aboard a car ferry that caught fire off the coast of Greece early on Sunday pleaded for help as rescue vessels struggled to approach the burning vessel in high winds and rough seas. The Norman Atlantic, carrying almost 500 passengers and crew and more than 200 vehicles…
An Italian-flagged ferry carrying 466 passengers and crew caught fire while sailing from Greece to Italy, coast guard officials said on Sunday.The Norman Atlantic, sailing from Patras in western Greece to the Italian port of Ancona, was…
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.Korea…
(Thomson Reuters Foundation) - The morning scene is increasingly routine for Kenyans. When it's time to start the day, the power is already out. Somewhere nearby, the shell of a wrecked electrical transformer lies on its side underneath the pole where it had been fixed 20 feet off the ground…
The Coast Guard and American Red Cross placed nearly 300 Coast Guard recruits with several dozen South Jersey families for Christmas as part of Operation Fireside.Operation Fireside has placed recruits with South Jersey families during the holiday season since 1981…
The International Maritime Bureau (IMB) has joined other maritime organisations in expressing concern over the decision to compensate convicted Somali pirates.These criminals have been responsible for taking hostage thousands of seafarers…
DP World’s Mina Rashid port has successfully defended its title as the World’s Leading Cruise Port, for the seventhconsecutive year, at the prestigious World Travel Awards 2014.As the opening of the ultra-modern third cruise terminal was inaugurated by its namesake…
A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.Taking part in the event were Alexey Miller, Chairman of the Gazprom Management Committee, Sergey Sobyanin…
Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…
Decision Sciences International Corporation (DSIC), a technology provider of security and detection systems, has appointed Dr. Gene W. Ray, former CEO of Titan Corporation, as interim Chief Executive Officer and Admiral Jay M. Cohen (USN, Ret)…
The Board of Directors of Petrobras approved at a meeting held today, the creation of a special committee to act as interlocutor ('Reporting line') of independent internal investigations conducted by the Trench, Rossi e Watanabe and Gibson…
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 4 July 2014, the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd…
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), celebrated two significant ship milestones this week. Today, the shipyard held a ceremonial Keel Laying for the second…
From 1 January 2015, Wilhelmsen Ships Service (WSS) will increase prices on all products and services by the OECD* global average inflation rate of 1.9%.“In order to consistently deliver quality products and dependable services throughout…