Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
First Commercial Vessel in North America with Triple IPS and Dynamic PositioningFort Ripley, a new offshore emergency response craft now entering service in Charleston, S.C., is reported to be the first commercial vessel in North America to be powered by triple Volvo Penta IPS drives…
HMS Queen Elizabeth was floated out of the Babcock dock in Rosyth (UK). Designed and built by BAE Systems and assembled by Babcock Marine, the HMS Queen Elizabeth is the biggest, and most powerful, surface warship ever to join the Royal Navy and capable of carrying up to forty aircraft…
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean Co Ltd…
Vegetable oil exports out of the Black Sea should fall significantly this year mainly due to a weather-hit sunflower seed crop, but they will remain the second largest on record, international trading house Bunge said on Tuesday.In a presentation at the Oilseeds and Oils Conference in Barcelona…
Netsco announces Jan M. Flores, as Sr. Director of Business Development.Flores comes to Netsco from OSG (Overseas Shipholding Group) where he headed the FSO Group and was responsible for Business Development in the Offshore market. Prior to his assignment with the FSO Group…
The Panama Canal Authority (ACP) received a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire. During the meeting, the Panama Canal Administrator provided an update on the Expansion Program and its impact on U…
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 6.8 million from an International Oil Company for 3D EM data acquisition in Malaysia. EMGS did not disclose the name of the contractor. 'We are pleased to announce the first of several new projects in Asia…
To help yacht owners navigate increasingly risky waters, XL Group is adding a Kidnap, Ransom & Extortion (KRE) Crisis endorsement to ShipShape, and ShipShape Plus, its recreational marine insurance coverages. 'Crisis events like kidnapping…
As the demand for naval technology rapidly escalates globally, the Middle East remains a hotspot for investment and innovation. To this end, Northrop Grumman Corporation (NYSE: NOC), in support of U.S. Naval Forces Central Command in Manama…
Unique partnership offers the first fully integrated LNG solution to ship owners.WesPac Midstream LLC (WesPac), a leading provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME)…
ZIM Integrated Shipping Services Ltd. has announced the following changes to its Board of Directors: The Board of Directors of the company appointed Mr. Aharon Fogel as Excutive Chairman of the Board of Directors effective as of October 6…
Leading representatives from Search and Rescue (SAR) Operations in Canada and trustees of the International Maritime Federation (IMRF) have met to discuss the challenges in the area, including the possible opening of the North West and North East passages to shipping…
BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016.Bigroll Shipping last year in September…
Mitsui O.S.K. Lines, Ltd. President: Koichi Muto) today announced the naming ceremony of 'LNG Venus', a newbuilding liquefied natural gas (LNG) carrier held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI; President: Shunichi Miyanaga…
