North Sea supply specialist Fletcher Shipping buys 'FS Taurus' its third vessel in five years.Currently operating in the Forties section of the North Sea, Taurus will take the total number of employees at Fletcher to 90. Set up in 2007 with backing from the Royal Bank of Scotland…
According to shipping company Atlantic Caribbean Line (ACL) a bad economy has hit their Port of Fort Pierce cargo business hard.In July, the Port of Fort Pierce's only tenant, ACL, announced it laid off 34 of its 45 crew members. Now, with the Christopher Dean ship docked again…
AMC Connector AS, a Aker Solutions & Emas Offshore joint venture, has agreed to sell subsea construction & cable-lay vessel 'Lewek Connector'.In October 2010, Aker Solutions announced that it would sell its offshore construction and installation…
Daiichi Chuo K.K. may cancel ship orders, pare its fleet & sell new stock after getting emergency financing from shareholder Mitsui O.S.K. Lines Ltd.To help weather a slump in dry-bulk rates the company is in talks about canceling or delaying…
Petrobras's preliminary drilling in the Jupiter Nordeste well, in the Santos Basin, confirms presence of gas & condensate.The new well, which is still being drilled, has reached 5,438 meters. It is located in ultra-deep waters of block BM-S-24…
Port of Los Angeles receives 8 proposals to develop its 30-acre LA waterfront property.The 30-acre, fully entitled San Pedro waterfront property is known as Ports O’ Call Village, located along the Port’s Main Channel and adjacent to downtown San Pedro…
Experienced shipping and finance professionals in new board for USTC companies.One of the biggest and fastest expanding companies in Denmark, A/S United Shipping & Trading Co Ltd. headquartered in Middelfart, is strengthening its organization…
Transas Marine has upgraded training complex at the Nikola Vaptsarov Naval Academy (Varna, Bulgaria), including full mission bridge simulator upgrade to the latest Transas NTPRO 5000 software and new version of the GMDSS simulator TGS 5000.The…
Chief Musician Scott Foote leads the Navy Region Southwest Band in the Italian Heritage parade during San Francisco Fleet Week 2012.San Francisco Fleet Week brought together recently more than 2,500 Sailors, Marines and Coast Gaurdsmen from…
Total revenue for the Singapore-based group increased by 7.7% year-on-year to $391.2-million in financial year ended 30, June 2012.ASL Marine Holdings Ltd. is a vertically-integrated marine services group principally engaged in shipbuilding…
CGGVeritas provides its seismic survey vessel utilization & fleet allocation updates for the third quarter 2012.CGGVeritas is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel…
EU Naval Force Flagship, 'ITS San Giusto' provides urgent medical help for a merchant seaman off the Horn of Africa.The sailor, a crew member of Bahamas flagged merchant vessel MV Anna Victoria had broken both his legs following an accident at sea and the EU flagship…
Oceanografia completes agreement to acquire 'OSA Goliath' from CarVal Investors.Oceanografia S.A. de C.V., one of Mexico’s largest leading vessel operators specializing in underwater survey, diving, pipe laying construction and maintenance…
Clipper Group grows from a small ship owner/operator to a substantial size & celebrates 40 years in shipping.Clipper started primarily as an operator in the dry cargo segment. In the 1990's, the company grew to be a shipowner as well, and has since then taken delivery of 179 vessels…
Fire broke out in tankship 'Union Brave' while being cut up for scrap in the Alang, India, ship-breaking yard.Five migrant workers were burnt alive, while two critically wounded were taken to a hospital at Bhavnagar.Crude oil tanker…
