International oil services group Aker Solutions is about to open North America's most advanced drilling equipment simulator in Houston, Texas. The simulator will be available to rig operators with the objective of making offshore drilling operations safer and more cost effective…
Peak Performance Continues.In recognition of superior performance, the New York State Canal Corporation today announced top honors for the operators of canal facilities that provide outstanding service to patrons. Among the Canal honorees are: Best Lock…
December marked the 10th anniversary of the U.S. Coast Guard’s formal entry into the national intelligence community, although many had long perceived the Coast Guard as a de facto member.The Coast Guard began its long involvement with the work of intelligence in 1790…
Germanischer Lloyd (GL) has appointed Mr Christian Freiherr von Oldershausen to the newly created position of Senior Vice President Global Sales. In his new position, Mr von Oldershausen will be responsible for enhancing global sales, working…
According to a report in The Moscow Times, the captain of a vessel that passed by the sinking Bulgaria cruise ship without stopping to help rescue drowning passengers was fined $4,200, but avoided jail time, Interfax reported.A district court…
TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth quarter of 2012 and the first quarter of 2013 respectively. The agreement has a…
Elliott Bay Design Group (EBDG) said that Darren Monzingo has re-joined Elliott Bay Design Group. Darren first joined EBDG in 2003, bringing marine engineering experience in both the military and commercial marine sectors. He works out of Tampa…
The import and export of goods by sea remains a vital part of the regional economy of the north-east of Scotland and this has been demonstrated more than ever this year, with a positive rise in activity levels at the port. Next year is set for similar success…
DNV has acquired 74.3% of KEMA’s shares, creating a world-leading consulting and certification company within the cleaner energy, sustainability, power generation, transmission and distribution sectors. DNV and KEMA will form an energy consulting…
Renee Marazon, CEO, The Maritime Academy of Toledo Foundation, said that applications for people interested in the Cruise Ship Professional Development and STCW Basic Safety Training Programs have been sent out, and that a launch date of January 16…
EXMAR said that following the terms of the Asset Purchase Agreement, LLOG and EXMAR have reached an agreement in principle whereby LLOG will accelerate the payments due on the sale of the OPTI-EX. EXMAR will receive a lump sum consideration…
Dubai’s vision as a global maritime hub took another major step forward with the launch of the mixed-use Business District at Dubai Maritime City (DMC) under the patronage of HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai World.HE Mohammed Al Shaibani…
In yet another sign that the offshore oil and gas business in the Middle East continues to grow at breakneck speed, Grandweld Shipyards won a contract to design, build, and deliver three 33.5M Fast Aluminum Crew Boats for Zamil Offshore. The contract was signed by Sufyan Al Zamil…
Björn Ingemanson, 53, has been appointed new President of Volvo Penta. Ingemanson is currently President of Volvo Trucks’ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson…
TBS International plc (NASDAQ: TBSI) has reached agreements with its bank lenders on terms to reduce its leverage and refresh its fleet. As part of these agreements, TBS and the syndicates led by Bank of America and DVB Group Merchant Bank have…
