Great Lakes Dredge & Dock Corporation declare a quarterly cash dividend on its common stock. The Board approved a $0.021 per share cash dividend, to be paid on September 14, 2012 to the holders of record of common stock of the Company at the close of business on September 7…
Shipbuilding & allied marine industries provider Austal publishes its financial report for year ended 30, June 2012.The Group operating profit after tax for the year was $11.043 million compared with the previous year of $21.890 million…
A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI).The study concludes that, in order to safely develop Arctic resources, there is a need for improved technology…
A maritime security alert has been issued after pirates hijacked a Greek-owned and Isle of Man flagged oil tanker.A Togolese patrol boat exchanged gunfire with the hostage-takers before they escaped with the vessel, which had 24 crew members on board…
Crew shortage & integration issues identified as major contributors to control systems-related NPT (Non Productive Time) in Athens Group report.Athens Group has published its fourth annual international benchmarking report on control systems…
LEHR, Inc., win the 'Green Product of the Year' award from West Marine for the world's first OEM propane powered boat motors.Lehr is the first vendor to win both West Marine's Green Product Contest, awarded at the Miami Boat Show, and…
Arctic resources and national security perspectives deliberated at the recemt Arctic Imperative Summit.Vice Adm. Paul F. Zukunft, commander, Coast Guard Pacific Area, and Rear Adm. Thomas Ostebo, commander, Coast Guard 17th District, attended…
Possible ports shutdown at the end of September to be addressed at upcoming Inland Port Logistics Conference informs UBM Global Trade.Current longshore labor negotiations are a hot issue being closely followed by the shipping industry in the U…
The company's business unit will brief on its capabilities in marine navigation & bridge control systems at upcoming SMM 2012, Hamburg.Alan Dix, managing director of Sperry Marine, will speak about the company's new products and future offerings…
MTN Satellite Communications (MTN) announce MTN Worldwide TV is now available to commercial shipping, ferry, oil & gas and yacht customers.MTN Worldwide TV is the first fully-digital, multi-channel television service for the maritime industry…
Divex, the international diving equipment technology company and a manufacturer and supplyer of both commercial and defense diving solutions, has made two senior appointments to support the company’s ongoing development and growth globally. As…
America's Bay Shipbuilding Co. vice president and general manager, Gene Caldwell, has left the company for personal reasons.Caldwell’s leave was confirmed by Rachel Krummen, human resources manager for Bay Shipbuilding/Fincantieri in Sturgeon Bay…
Military Sealift Command-chartered High Speed Vessel 'Swift' begins week of Africa Partnership Station (APS) in Port of Douala, Cameroon.Swift's Military Detachment Officer-in-Charge Lt.Cmdr. Brad Fillius met with the various leaders of…
In the last week, both of Shell’s drill ships departed Unalaska for the Arctic. The Noble Discoverer drill rig, which made headlines when it dragged anchor and almost came aground on Airport Beach in June, is bound for the Chukchi Sea. The Kulluk drill ship is now halfway to the Beaufort Sea…
The stricken cruise ship will spend another winter partially submerged close off the coast of Giglio, Italy.The consortium hired to re-float and remove the 114,500-ton ship presented this month a new timeline to the Osservatorio, the entity supervising the wreck salvage operations…
