Maersk Drilling release its financial summary statement for year 2012.With high contract coverage for the coming years and the delivery of seven new large rigs in 2013-2015, Maersk Drilling says it is on track towards to reach its target of a profit of USD 1 billion by 2018…
VP brings experience in offshore oil & gas, LNG, engineering and other maritime related industries.Crowley Maritime Corporation’s solutions group recently named Farhad Rajabi vice president of its project management team. He will work out of the group’s Houston office and report to Craig Tornga…
On Monday 25 February Dutch EU Naval Force frigate HNLMS De Ruyter transferred nine suspected pirates to the Seychelles authorities for prosecution. The transfers happened after HNLMS De Ruyter, who was conducting counter piracy patrols…
Highlights Adjusted EBITDAR of $232.1 million for the year -- a 33% increase over prior year Operating income of $61.1 million for the year -- an increase of $57.4 million compared to prior year Cash generated from operating activities of $65…
Helping round out its industrial salesforce, Laborde Products welcomes two new salesmen. Cody Dean will handle industrial engine and equipment sales in southern Louisiana and southern Mississippi, while Chris Wright will respond to the needs of northern Louisiana and northern Mississippi…
Industry experts share views on key Arctic R&D issues.ABS, a provider of classification services to the global offshore industry, offers a series of Arctic workshops that aim to help define the region’s most pressing research and development (R&D) needs…
International energy consultancy Xodus Group has appointed Alistair Porter as Operations Director for London to drive forward business across the company’s technical and commercial activities. Based in London, Mr Porter has been with Xodus…
Braemar Adjusting continues its development and expansion, with the recruitment of experienced loss adjusters and new young talent across the globe. New staff have boosted the adjusting teams in the firm’s London, Singapore and Calgary…
Container shipping & logistics group Neptune Orient Lines (NOL) publishes it year 2012 financial report.The Group posted a full year net loss of US$419 million, mainly due to a first quarter net loss (before non-recurring items) of US$255 million and one-time charges of US$108 million…
The Marine Engineers’ Beneficial Association (M.E.B.A.) calls for continued funding of the Food for Peace (PL 480) & Food for Progress programs. MEBA stands with 21 U.S. Senators and its United States maritime industry partners in protecting thousands of U…
Dockwise publish audited annual accounts for 2012, having earlier published an unaudited version.The unaudited 2012 results were first disclosed as part of the publication by Dockwise of the Q4 2012 results on 13 February 2013.Performance…
The littoral combat ship USS Freedom (LCS 1) is on track to begin its first deployment March 1, 2013.This milestone was announced by the LCS Council, a group established by Chief of Naval Operations Adm. Jonathan Greenert to oversee continued fleet testing and the introduction of the LCS…
A second container terminal at V.O. Chidambaranar Port at Tuticorin, Tamil Nadu, India to be ready by year-end.The second container terminal will have a handling capacity of six hundred thousand TEUs (20-foot equivalent units) to cater to the needs of export/import traders…
AdvanFort Company say it already has a quality management system in place that exceeds the increasingly stiff requirements. “When it comes to counter-piracy operations, a lot of our competitors—faced with these new challenges—still seem to require others' faith in their words…
During the PVA Annual Convention at MariTrends 2013, held February 16 - 19, in Jacksonville, FL, members of the Passenger Vessel Association (PVA) elected Carolyn Horgan, Blue & Gold Fleet, San Francisco, CA, as PVA President for 2013. Also…
