CNOOC Limited announced a summary of its business strategy and development plan for the year 2010. The total targeted net production of the company in 2010 is 275 million to 290 million barrels of oil equivalent (BOE) (assuming with WTI at $75/barrel)…
Brunswick Corporation (NYSE:BC) announced that it will consolidate a portion of its aluminum boat production within its current manufacturing footprint as part of its ongoing efforts to be more agile and responsive to marine market demand.'For the past several years…
Navios Maritime Holdings Inc. (NYSE:NM) , a global, vertically integrated seaborne shipping and logistics company, announced the delivery of a new build Capesize vessel and the agreement to acquire another new build Capesize vessel.The Navios Antares…
Donjon-SMIT, LLC, an OPA-90 Alliance, has received unconditional approval from the U.S. Coast Guard for its Salvage, Marine Firefighting and Lightering Contract and Funding Agreement. The Coast Guard’s full acceptance of the contract means that Donjon-SMIT…
Over the next two years GL Noble Denton plans to hire more than 700 new technical personnel, engineers and marine operations specialists. GL Noble Denton is the newly rebranded technical service provider for the oil and gas industry with a comprehensive…
J. Ray McDermott will undertake fabrication and installation work for the P-61 Tension Leg Wellhead Platform (TLWP) in more than 3,871 feet of water, for the Papa Terra Joint Venture, consisting of Petrobras (operator) and Chevron. The overall P-61 project — comprising design…
Viking Life-Saving Equipment announced the company's 50th Anniversary, as well as the 50th Anniversary of its chairman of the board Tage Sørensen on February 1, 2010. The company's international expansion was launched in 1977 with the establishment of a foreign subsidiary in Rotterdam…
Climate change is a global problem that requires real solutions. That's why the Government of Canada supports a proactive approach to achieve real environmental and economic benefits for all Canadians. The causes of climate change and its impacts…
A pair of Series 500 Admiral helm seats from marine seating manufacturer STIDD Systems was chosen for the helm of the Alucia, a 183-ft former research vessel rebuilt as an exploration yacht. The Alucia, originally launched in 1974 as RV Nadir…
Crowley Maritime Corporation, working under contract with the U.S. Transportation Command (USTRANSCOM), successfully discharged 202 20-foot containers of relief supplies across a beach in Port-au-Prince, Haiti yesterday marking the largest post-disaster lightering operation to date…
Kiswire is building a new plant for the production of very large wire ropes for Offshore and Mining applications. The Neptune 2 plant is located in Tanjung Langsat, on the sea coast in Johor, Malaysia and will be operational autumn 2011. The…
Crowley Maritime Corporation announced that it has restructured its petroleum distribution and contract services group, consolidating all Alaska operations under Craig Tornga, vice president. Tornga, who will remain in Anchorage and will continue reporting to Rocky Smith…
International shipping recruitment specialist Faststream has launched a new service for the owners and operators of super-yachts looking for crew. With a 65 strong team of specialist recruiters, the company is already the market leader for shore…
Green Star Products, Inc. announced that it has received the final report on a fuel savings test conducted on a Greek shipping vessel. The tests were conducted using Green Star's Diesel Fuel Energizer (DFE) added to fuel tanks. Tests were performed…
Globus Maritime Limited (AIM: GLBS) (LSE: GLBS), a marine transportation company that owns and operates Handymax and Panamax dry bulk vessels, announced that a subsidiary of the company has entered into a new time charter agreement for the M/V…
