Drum Cussac's maritime security market share grew by 50 percent in 2013 In the second half of 2013, the number of secured transits conducted by Drum Cussac, using both armed and un-armed security consultants, was 16% up on the same period in 2012…
Maritime and Merchant AS (to be renamed Maritime & Merchant Bank ASA), which was granted a banking license by The Financial Supervisory of Norway (FSAN) on the 28th of January for establishing a global bank dedicated solely to the shipping and offshore industries…
BAE Systems today launched the first of four platform supply vessels it’s building for Jackson Offshore Operators, LLC. These vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S…
Under agreement with the U.S. Saint Lawrence Seaway Development Corporation, The St. Lawrence Seaway Management Corporation is proposing to amend the joint Practices and Procedures (known as 'regulations' within the SLSDC). Some of the amendments…
The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…
Aker’s comeback story isn’t yet over, but the middle chapters certainly make for compelling copy. The nation’s market leader in blue water tankers and containerships looks aft to (painful) lessons learned and at the same time, ahead for additional opportunities…
The United States of America’s Navy is arguably the most powerful in the world, and the most immediate threat it faces may not be from China, Russia or Iran, but U.S. Congress. The use of sequestration as a budget reduction tool has resulted…
While steaming some 700km west of Guam on January 20, Mitsui O.S.K. Lines, Ltd. operated coal carrier C. S. Sunshine rescued all 24 Chinese crew members of a disabled freighter January 20.At 8:15 a.m. (local time) on January 20, the Panama-registered C…
Keppel Offshore and Marine Ltd (Keppel O&M), a global company in offshore rig design, construction and repair, ship repair and conversion, and specialized shipbuilding, has become a member of the World Ocean Council (WOC).Keppel O&M joins…
Euroseas Ltd. has announced that it entered into an agreement to sell 25,000 shares of its Series B Convertible Perpetual Preferred Shares to a fund managed by Tennenbaum Capital Partners, LLC (TCP) and 5,700 shares to Preferred Friends Investment Company Inc…
The Maritime and Coastguard Agency (MCA) conducted 184 safety inspections on domestic passenger boats in the South West last year. Survey and inspections are carried out to ensure that vessels are safe to set sail. Any structural defect, issue…
The International Marine Contractors Association (IMCA) Competence Assurance & Assessment guidance, originally launched in January 1999 and regularly updated (last update 2012), is designed to facilitate improved safety in the offshore industry…
Monico Inc. announced the promotion of Bill Dicken to Manager – Technical Support. Dicken will now be managing the day-to-day activities of the technical support department, which includes phone support, field service, and the completion of special configuration projects…
The Ferguson Group announced the appointment of industry experts to be based at its Aberdeen headquarters. The newly appointed team will offer technical support to the group’s international bases and provide advice and guidance to partners and customers alike…
The Russian trawler Oleg Naydenov was recently arrested and escorted in to the Port of Dakar by Senegal navy vessels. If found guilty it faces a doubling of the usual fine, and the arrest has also sparked an appeal by African coastal nations…
