Horizon Lines, Inc. (NYSE: HRZ) announced that it is eliminating all perquisites for its four named executive officers, effective at the end of the year.The Compensation Committee of the Board of Directors approved the decision after a comprehensive…
Seattle-based Global Diving & Salvage, Inc. has appointed Eric Crumpton as Operations Manager for its fleet of underwater vehicles. Crumpton, who will be based out of Global’s Seattle office, brings over 30 years of ROV operations and manufacturing experience to the job…
Fresno CA, Turner Designs Hydrocarbon Instruments, Inc. announced the opening of a new office in Texas to promote their line of oil in water analyzers. The new office will be located in Houston on the west side of town near the energy corridor and will be managed by Duane Germenis…
Raytheon Anschütz was recently awarded a contract to supply their Integrated Bridge System (IBS) to two new bulk carriers. The bulkers will be built at New Times Shipyard in Jingjiang, China. The delivery to the Cyprus based shipping company Intership Navigation Co…
ZF Marine LLC, the North American subsidiary of ZF Marine Group in Padova, Italy has implemented some changes to its East Coast service network. To better coordinate service activities up and down the Eastern Seaboard, ZF Marine LLC will…
The FV Aart Maaskant (UK95) is was one of the first Dutch commercial fishing vessels to be fitted with Iridium OpenPort. Gannexion BV, an Iridium service partner, installed the Iridium high-bandwidth terminal to replace the existing satcom system on the 139 ft beam trawler…
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced that Daniel P. McGahn has been promoted to the position of President and Chief Operating Officer. In this role, McGahn will be responsible for AMSC’s day-to-day global operations…
Abraaj Capital and Waha Capital backed Gulf Marine Maintenance and Offshore Service Company (GMMOS), an United Arab Emirates based provider of marine services to the offshore oil & gas industry, has secured a $100m term loan facility from Standard Chartered Bank…
Transocean Ltd. (NYSE:RIG) announced that Rob Saltiel, Executive Vice President and Chief Operating Officer, is leaving the company to pursue another opportunity. Steven Newman, President, will assume the duties of Chief Operating Officer while the company considers alternatives…
SSP Offshore Inc. announced that the SSP team and its proprietary platforms, the SSP320 and SSP Plus, reached a major development milestone, completing a full spectrum of global environment performance tests carried out at the LabOceano/Coppe testing basin in Rio de Janeiro…
CIMAC, the International Council for Combustion Engines took advantage of this year’ s major trade show in the large engine sector to stage the latest in its CIMAC Circle series of forums for information exchange.Chaired by CIMAC board member Yasuhiro Itoh…
Superior Energy Services, Inc. announced that it has entered into an Implementation Agreement with Hallin Marine Subsea International Plc (AIM: HMS), to acquire Hallin for a price of 233 pence in cash per Hallin share. The offer values Hallin's…
During the recent Workboat Show, Crowley was recognized for its environmental initiatives, receiving second place for the Environmental Management Plan Award. The company was also awarded a Significant Boat of 2009 Award for the Nachik/Sesok…
Crowley Maritime Corporation announced that Dorine Tessier has been named vice president of sales and chartering for its petroleum transportation group. In her new role, she will report to John Douglass, senior vice president and general manager of Crowley's Gulf/Atlantic region…
The world’s leading maritime service network Wilhelmsen Ships Service has entered an agreement with German company DS-Schiffahrt / Quadrant Bereederung to supply liferafts to their entire fleet of 39 vessels. In an agreement worth $200,000 per annum…