News

The latest maritime and offshore news.


Monday, May 21, 2012
trenching vessel Castoro 16
News

Saipem Wins $1.1 Billion in New Contracts, Including Ultra Shallow Water, Harsh Environment Contract in Russia

Saipem announced today they have been awarded $1.1 billion in new Engineering and Construction contracts offshore Russia and the North Sea. In Russia, Saipem

May 21, 2012
Total Views: 302

tidewater workboat osv
Finance

Earnings Soar at Tidewater, World’s Largest Workboat Operator

(Dow Jones) Tidewater Inc.’s (TDW) fiscal fourth-quarter earnings soared from a year-earlier quarter weighed down by heavy charges, while higher

May 21, 2012
Total Views: 56

2nd Iron Ore Transshipment Vessel Announced by VALE
News

2nd Iron Ore Transshipment Vessel Announced by VALE

Vale has announced the construction of a second floating iron ore transfer station in Subic Bay, Philippines. These transfer ships facilitate the transfer of

May 21, 2012
Total Views: 418

Saturday, May 19, 2012
ID integrity shark reef id wallem
News

Bulk Carrier MV ID Integrity “Not Under Command” Offshore Great Barrier Reef [UPDATE]

**UPDATE** From the Australian Marine Safety Authority: One of the commercial tugs, PT Kotor, rendezvoused with the ID Integrity at approximately 10:30am

May 19, 2012
Total Views: 196

Friday, May 18, 2012
Facebook IPO Brings Bunker Prices Down!
News

Facebook IPO Brings Bunker Prices Down!

Ok, that would be a very difficult, but a “provable” hypothesis, as the fact is bunker prices are down and we did have the much anticipated

May 18, 2012
Total Views: 25

ABS in Asia – Innovation Despite the Downturn
Engineering News

ABS in Asia – Innovation Despite the Downturn

– By Neville Smith Like their shipbuilding and shipowning clients, classification societies are contending with tough market conditions and an uncertain

May 18, 2012
Total Views: 50

baltic container terminal stena spirit
Collision

Stena Ferry Knocks over Container Loading Crane in Gdynia, Serious Injuries Reported

Three port employees have been injured following an accident in the Port of Gdynia, following a collision between the Swedish ferry, Stena Spirit, and an arm

May 18, 2012
Total Views: 341

Thursday, May 17, 2012
oocl orient overseas container line
News

Orient Overseas Container Line Fights their Way Back to Black

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route

May 17, 2012
Total Views: 49

osv bridge Rolls-Royce UT 755 LC design simek
Engineering News

Simek AS Awards Rolls-Royce £6 Million Design and Equipment Contract for New OSV

Rolls-Royce announced today they have secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for

May 17, 2012
Total Views: 250

teekay scrap tankers
News

Teekay Posts Q1 Profit, Tanker Scrapping on the Rise

(Dow Jones) Teekay Corp. (TK) swung to a first-quarter profit, due primarily to derivative gains, as the tanker-ship company’s revenue grew more than

May 17, 2012
Total Views: 17

tony foster gardline
News

West African Piracy from a Ship Operator Perspective | Interview with Tony Foster from Gardline Marine Sciences

Hanson-Wade’s Sara Patela speaks with Tony Foster, Marine Safety Superintendent/DPA and CSO at Gardline Marine Sciences on the subject of piracy off

May 17, 2012
Total Views: 77

Taharoa Destiny
Engineering News

Mitsubishi Heavy Delivers Iron Sand Slurry Ship Bound for New Zealand

On May 11, NYK accepted delivery of the Taharoa Destiny, a new 175,000 DWT class vessel dedicated to the transport of iron sand slurry from New Zealand. Never

May 17, 2012
Total Views: 302

FSO Palanca
Engineering News

20 Year old Angolan FSO and a Pair of LNG Carriers Destined for Sembawang Shipyard

SINGAPORE – Sembcorp Marine’s subsidiary Sembawang Shipyard, located on the northern tip of Singapore, has secured three major upgrade and

May 17, 2012
Total Views: 409

deepak johar wilhelmsen ships service
News

A New Import Era in India, Wilhelmsen Ships Service Stands Ready

– by Deepak Johar, General Manager for Wilhelmsen Ships Service, India As local fuel supplies dwindle and the Indian subcontinent’s power demands

May 17, 2012
Total Views: 65

Wednesday, May 16, 2012
uss essex underway replenishment unrep
Collision

Forward Deployed for 12 Years, USS Essex Collides with Refueling Tanker One Day Before Return Home

She has been forward deployed to the US 7th Fleet for a dozen years and was scheduled to finally arrive back to San Diego tomorrow, however instead of telling

May 16, 2012
Total Views: 234

IMO Secretary-General, Koji Sekimizu
News

IMO Secretary-General Addresses the Issue of Armed Merchant Vessels

Maritime Safety Committee (MSC), 90th session, 16 to 25 May 2012 (High-level segment on arms on board) Opening address by IMO Secretary-General Koji Sekimizu

May 16, 2012
Total Views: 37

cow
Engineering News

MOOOO!!! Groot Lands Livestock Ship Design Order

KUALA LUMPUR – A unique contract was signed yesterday between Dutch naval architecture firm, Groot Ship Design, South Korea’s Sungdong shipyard,

May 16, 2012
Total Views: 186

Fairstar FJELL perro negro jackup
Finance

Fairstar Receives “Poison Pill” Offer, and a $2.9 Million Heavy Lift Contract

Fairstar Heavy Transport N.V. (FAIR) announced today the award of  a new contract to transport the jack-up drilling rig OFFSHORE VIGILANT from Port of Spain,

May 16, 2012
Total Views: 208

maersk line instagram
News

Maersk CEO on 2012: “Optimistic That We Can Achieve a Small Profit”

COPENHAGEN (Dow Jones)–Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk

May 16, 2012
Total Views: 78

west phoenix total elgin platform
News

Gas Leak Finally Halted at Total’s Elgin Platform

French oil major Total, announced that their well intervention efforts at the North Sea Elgin complex were successful in finally halting the flow of gas from

May 16, 2012
Total Views: 52