Author: Administrator

  • News

Polarcus X-Bow seismic vessel transits Northern Sea Route

Polarcus Limited (OAX: PLCS) reports that its 12-streamer 3D seismic vessel, Polarcus Alima, has achieved a significant first in the seismic industry, having successfully transited to Asia-Pacific via the Northern Sea Route

  • News

IMarEst appoints new CEO

David Loosley has been appointed Chief Executive of the Institute of Marine Engineering, Science and Technology (IMarEST), and will be taking up the role on November 7. 2011. He joins the Institute

  • News

Pilot fatigue blamed in Eagle Otome collision

The National Transportation Safety Board has determined the probable cause of the January 23, 2010, collision of the 810 ft tanker Eagle Otome with the 597 ft cargo vessel Gulf Arrow and

  • News

Rand Logistics raises $16.1 million, acquires vessels

Great Lakes bulker operator Rand Logistics, Inc. (Nasdaq:RLOG) reports that it has successfully closed its public underwritten offering of 2,800,000 shares of common stock at $6.00 per share. Proceeds, net of underwriter’s

  • News

Bourbon Front heads for North Sea

Bourbon Front, a latest-generation Platform Supply Vessel (PSV), has left Sinopacific Shipbuilding Group’s Zhejiang shipyard, in China. The vessel is the first PX 105 PSV to be built by Zheijiang (see report