Crowley Awards Scholarships to Two Pennsylvania Students in the Williams-Mystic Maritime Studies Program.Crowley recently awarded Thomas B. Crowley Sr. Memorial Scholarships to Ariel Zhou and Caiti Campbell, who are taking part in the Maritime…
Scorpio Tankers Inc. (STNG) is offering a minimum of 3.5 million shares of its common stock in a registered direct placement at a price of $6.75 per share, for which Evercore Group L.L.C. and RS Platou Markets AS are acting as placement agents…
Ship Finance International Limited (NYSE:SFL) has agreed to terminate chartering agreements with Horizon Lines, LLC relating to five of its vessels. Ship Finance will receive as termination compensation $40 million in second lien notes issued…
Group Will Develop Recommendations to Increase Trade Opportunities and Business Investment in Illinois.Governor Pat Quinn today convened the first meeting of the Illinois Export Advisory Council. As part of Governor Quinn’s commitment to strengthen the Illinois economy and create jobs…
International classification society Bureau Veritas has joined forces with French maritime security consultants Securymind to provide an auditing and verification service for companies providing armed guards to protect ships against piracy. Security…
IEEE experts comment on a century of technical heritage & innovation since loss of the TitanicA hundred years after the loss of the RMS Titanic, members of IEEE – the world's largest technical professional organization – share their perspectives…
Statement from BSEE, April 16, 2012 as of 2:30 p.m. CDT The Bureau of Safety and Environmental Enforcement (BSEE) has confirmed that a modest amount of oil is being released from a natural seafloor seep previously suspected as the source of an oil sheen reported last week in the Gulf of Mexico…
Lloyd Werft will in the future be represented in the U.S., Canada, Mexico, Bermuda, the Bahamas and Costa Rica by Vogler Marine Agencies LLC.Lloyd Werft Bremerhaven will have a stronger presence from now on in one of its most important core markets…
Boston Whaler announced that its manufacturing facility has reached three million hours without a lost-time accident or illness. The facility has a long history of emphasizing and practicing worker safety in the production of its high-quality…
Houston - Kirby Corporation will announce its 2012 first quarter results at 5:00 p.m. central time on Wednesday, April 25, 2012. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, April 26, 2012.The…
Wilhelmsen Ships Service (WSS) has signed its first fleet Safety Service Agreement with a Japanese principal. The two-year agreement, valued at $300,000 includes 25 panamax and cape-size bulk carriers and 18 product carriers on behalf of Tokyo-based Victoria Ship Management…
IHC Merwede officially opened its new Singapore office at the PSA Building today.The Singapore base will be the corporate headquarters for IHC Offshore & Marine’s Southeast Asia businesses, as it further expands its footprint in the region…
Patrick de la Chevardiere, Total CFO, explains financial implications of the Elgin Platform gas leak problemExcerpts from the speech follow:'From an environmental standpoint, it is important to understand that Elgin is a natural gas and condensate field…
International maritime, oil & gas and mining industry recruiter Faststream opened its new Australian office in Perth today. The office will focus on filling positions for shipping companies, oil majors and mining companies active in the region…
Cargotec has received an order to supply a total of twenty 150-ton electric MacGregor winches for two pipe-laying heavy-lift offshore construction vessels (N448 & N449) which are currently being constructed at Cosco (Nantong) Shipyard Co Ltd…