Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 52.5 million in the fourth quarter 2014, up from USD 41.7 million in the third quarter and from USD 44.9 million in the corresponding quarter in 2013. Contract sales totaled USD 25…
VesselVanguard has come up with a new mobile app that gives boat owners an easier way to understand and manage all of the various maintenance requirements for their vessel and its systems and equipment. The app provides a simple, streamlined…
AL Heavy Lift's Frauke has completed a six-month project transporting oversize cargoes for a West African offshore development.Two empty carousels - each measuring 12 m high by 26 m wide and tipping the scales at 620 tonnes - were loaded…
Chief of Naval Operations (CNO) Adm. Jonathan Greenert outlined his thoughts Feb. 4 on three science and technology objectives for the Navy and Marine Corps of the future, at the Naval Future Force Science and Technology (S&T) EXPO in Washington…
Coast Guard rescue crews rescued four men from the water after their vessel capsized one nautical mile east of Port Everglades inlet Wednesday evening.An additional male was taken to Broward General Hospital for a higher level of care…
Seanergy Maritime Holdings Corp. announced yesterdat that it has received written notification from The Nasdaq Stock Market dated January 28, 2015, indicating that because the closing bid price of the Company’s common stock for 30 consecutive business days…
Scorpio Tankers Inc. today took delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel will begin a voyage for 52 days at approximately $33,500 per day. The Company has also exercised an option to…
General Dynamics’ four-channel Digital Modular Radios (DMR) are being upgraded with high-frequency dynamic routing (HFDR) software to turn the radio’s four channels into eight virtual channels. In addition to HFDR, the new high-frequency…
The FORAN System celebrates half a century in 2015. With 50 years of active service, FORAN is the longest standing CAD/CAM/CAE software on the market and a technological asset for the engineering and technology group SENER, which has placed…
Euronav NV announces today that following the closing of its Initial Public Offering (“IPO”) of its ordinary shares on NYSE, the Company will repay the USD 235.5 million bond issued to partly finance the acquisition of 15 VLCCs from Maersk Tankers Singapore Pte Ltd announced on 5 January 2014…
Mitsui O.S.K. Lines, Ltd. today announced that on Sunday, February 1, 2015, the MOL-operated car carrier Astral Ace found drifting castaways near Malay Peninsula in the South China Sea, and was able to safely rescue two Malaysian and three Indonesian fishermen…
Harley Marine Services recently installed an 8 by 6 meter industrial grade LCD screen in the communication center at the new Harley and Lela Franco Maritime Center in Seattle, WA. This state-of-the-art media wall provides a direct portal…
During the 2014/2015 Holiday Season, Eastern Shipbuilding Group, Inc. delivered the M/V TY DOLESE (Hull 189) the 59th 90’ Inland Towboat to Florida Marine Transporters,Inc. of Mandeville, LA. for its ongoing new build program. Also, Florida…
Strategic Marine, a specialist shipbuilder for the oil & gas sector, today launched the Jati Seven, its first ever Offshore 40 Generation 3 crew boat being built for long term customer, Dinastia Jati.Dinastia Jati is a prominent oil and…
Maersk Line is ranked as the most reliable container shipping carriers last year, according to new research released this morning by industry analyst SeaIntel. Maersk and Hamburg Sud again topped the liner shipping reliability rankings…
