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U.S. Sen. David Vitter has sent a letter to Interior Secretary Ken Salazar announcing that he is holding up legislation in the U.S. Senate that would give Salazar a $19,600 per year pay raise. In light of BOEMRE Director Michael Bromwich's recent admission that his department has only issued one new deepwater exploratory drilling permit since the moratorium was formally lifted in Octobe ...

Nor-Shipping has yesterday announced the winners of the 2011 Clean Ship and Next Generation Ship Awards. The awards, which showcase industry excellence, were presented by Norwegian Minister of Trade & Industry Trond Giske and Henrik Madsen, CEO of Det Norske Veritas (DNV). An independent jury considered a total of 40 candidates for the 2011 awards. ...

Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) has appointed Scott W. Fernandez as Chief Commercial Officer. Mr. Fernandez will be responsible for the company's sales and marketing efforts effective immediately, and be based out of the company's headquarters in Jacksonville, Fla. He replaces Adam E. Gawrysh, Jr. who will leave the company effective May 27, 2011. ...

Wärtsilä is to supply the design and equipment for a new platform supply vessel (PSV) being built by Norwegian shipyard Hellesøy Verft AS for Vestland Offshore. The vessel is scheduled to be delivered towards the end of 2012.Based on the well-proven VS 485 design, the new VS 485 Mk III design vessel has a hull design optimized for greater efficiency, with corres ...

Somali government security forces on Tuesday seized almost $3.5 million U.S. dollars and arrested several foreigners at Mogadishu airport who intended to transfer the money to pirates in the center of the country, reports Xinhua, quoting a Somali security official who declined to be named.When two small planes carrying the money landed at the airport, ...

The 26 m Incat Crowther catamaran, Cat Cocos Isle of La Digue has successfully completed sea trials following its launch from shipbuilder Richardson Devine Marine's Hobart, Tasmania, shipyard. On trials, the vessel demonstrated the efficiency of Incat Crowther’s hull form by exceeding fuel economy predictions. The 26 m vessel is the third Incat Crowther desig ...

More maritime companies have fallen foul of U.S. efforts to shut down Iran's nuclear program -- including Israel's Ofer Brothers Group. It is one of two companies on which sanctions are being imposed by the Secretary of State on the grounds that it is deemed to have made certain investments in Iran’s energy sector or to have engaged in certain activities relating to Iran’s refi ...

"A downward trend in safety statics creates concerns and it is now time to reinstall the balance between safety and environmental risk. A greater focus on the human elements and competence in the shipping industry is needed," says Tor Svensen, the President of DNV.The positive trend in which the accident rate was decreasing has now stopped. In fact, it has been re ...

Stena Bulk has purchased three LNG (Liquefied Natural Gas) tankers from the Taiwan-based shipping company TMT for a total of $700 millionThe three LNG tankers are the "Stena Blue Sky" (145,000 cu.m), which was built in 2006, and the two newly built tankers "Stena Clear Sky" and " Stena Crystal Sky," each 174,000 cu.m. The tankers are all ultramodern and ice classed. The " ...

ABB reports that it is currently delivering electric propulsion systems for eight wind turbine installation vessels on behalf of shipyards in China, Indonesia, Singapore and South Korea. Most of the vessels will be deployed by marine operators in European waters, where several thousand wind turbines are expected to be erected within the next decade.One of ABB's most recent ...