GulfMark Offshore, Inc. announced that it has appointed James (Jay) M. Mitchell as Executive Vice President and Chief Financial Officer (CFO). Mr. Mitchell replaces Quintin Kneen who, as previously announced, will assume the role of President and Chief Executive Officer (CEO) on June 4…
Latvian Shipping Company (LSC) owners of 19 medium-size tankships reports a profit in Q1 2013.LSC and its affiliates made a profit of US$ 77,000 despite an impairment charge of US$ 1.7-million against the decrease of the fleet value. Though in absolute terms the profit is merely symbolic…
The master of Crowley’s 'S.S. Wright, Capt Fred Walley, receives the 'Spirit Award' in recognition of Hurricane Sandy relief efforts .Capt Walley of the Ready Reserve Force (RRF) ship, was presented with the Spirit Award at the Nationals…
Delta Rigging & Tools, Inc., a provider of lifting and rigging products and related services in the United States, says it will offer a solution to the Gulf Coast region’s high capacity load testing needs.Strategically located at the InterMoor facility in Port of Fourchon…
MSC (Mediterranean Shipping Company) closes the 35% sale of its Terminal Division (Terminal Investment Limited SA) to Global Infrastructure Partners (GIP).MSC and Global Infrastructure Partners and a group of its LP Co-Investors have closed…
The Board of Directors of Italy-based global energy corporation Eni has approved possible one or more bonds issues.The issue of the bonds is to be placed with institutional investors, with a value of up to a maximum amount of 3 billion euro…
The 2013 Ship Repair Tradesmen of the Year were recently honored by the Virginia Ship Repair Association (VSRA).The award citations by VSRA are as follows:The 2013 Junior Tradesman of the Year Steven Pulliam, an Outside Machinist from Oceaneering International…
The company, suppliers of biodegradable cleaners, degreasers & functional fluids, reorganizes its leadership team following its Terresolve acquisition. “With the acquisition of Terresolve Technologies earlier this year, RSC Bio Solutions now possesses an even wider range of proven…
Following on from an earlier announcement of the US$200-million offering, Ultrapetrol now give provide greater detail.The company has priced the offering of $200 million in aggregate principal amount of its 8.875% First Preferred Ship Mortgage Notes due 2021 (the 'Notes')…
The Port of Long Beach's Green Flag and Green Ship annual awards honored 20 shipping lines for efforts to improve air quality.Efforts to improve air quality locally were accomplished by slowing ships down or deploying cleaner vessels, or both…
Halyard Marine’s Chairman, James Grazebrook has completed a 170-meter abseil down Portsmouth’s 550-foot Spinnaker Tower.James Grazebrook, founder of South Coast based marine exhaust specialists, Halyard, and four other brave RNLI committee members…
The new president of BIMCO, John Denholm, has identified environmental pressures facing the shipping industry as some of its most significant current challenges as he embarks upon his two year term. Speaking in Paris, as he took over the presidency…
U.S. Transportation Secretary Ray LaHood announced the appointment of seven members to the United States Merchant Marine Academy (USMMA) Advisory Board. The USMMA Advisory Board serves as an independent body whose purpose is to examine the course…
Crews aboard naval vessels benefit from having a stable operating platform to help carry out their specialized missions with optimal safety and efficiency. An increasing number of U.S. Navy craft now use Seakeeper actively controlled gyro stabilization systems to mitigate ship roll…
Minister Trond Giske, Secretary General Koji Sekimizu, Chairman Masamichi Morooka and Director General Sturla Henriksen will meet the press at on Wednesday, June 5 at 2 p.m. to discuss at a major Summit in Oslo, where the Board of the International…
