Saudi Aramco signs MOU to merge Vela VLCC fleet into Bahri

JUNE 28, 2012 — Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri) announced June 27, 2012, that they have signed a memorandum of understanding (MOU) to pursue the merger

Keppel O&M yards in U.S. and Azerbaijan book contracts worth $70 million

JUNE 28, 2012 — Transocean’s semisubmersible offshore drilling rig Sedco 77 is headed for the Keppel AmFELS shipyard in Brownsville, Texas. has secured a contract from Transocean Offshore Deepwater Drilling Inc. (Transocean)

ABB Turbocharging helps boost fuel efficiency on smaller ship

JUNE 27, 2012 — Looking for fuel savings, lower operating costs and lower emissions, more owners of smaller merchant vessels are opting for two-stroke, low speed engines over their four-stroke counterparts. To

United Seamen’s service names 2012 AOTOS Award honorees

JUNE 27, 2012 —The United Seamen’s Service says it 2012 Admiral of the Ocean Sea (AOTOS) Awards will be presented to Niels M. Johnsen, CEO and Chairman of International Shipholding Corporation; Captain

Vice Admiral Peter Neffenger to keynote Global Greenship

JUNE 27, 2012 —Marine Log is pleased to announce that Vice Admiral Peter Neffenger USCG will deliver the keynote address on environmental compliance on September 20, 2012, the opening day of Marine

Saab rolls out fifth generation AIS producs

JUNE 27, 2012 — Saab TransponderTech AB, a company in the Saab Group, reports that its advanced fifth-generation R5 family of AIS products is now commercially available. “The new R5 AIS products

Drydocks World South East Asia in JV with Pacific Carriers

JUNE 27, 2012 — Khamis Juma Buamim, Chairman of Dubai, UAE, headquarted Drydocks World is to also serve as the Chairman of the Board of DDW-PaxOcean Asia. The new entity is to

Management changes at Austal USA as Rella resignation fuels rumor mill

JUNE 27, 2012 — Austal has confirmed that Austal USA President and COO Joe Rella resigned last Friday, June 22, 2012. On Monday, June 25, the Austal USA Board named CFO Brian

Cruise industry adopts two new safety policies

JUNE 26, 2012 — The Cruise Lines International Association (CLIA) and the European Cruise Council (ECC) report that the cruise industry has adopted two new safety policies. The policies result from the

Stolt Valor under tow to ASRY, Bahrain

JUNE 26, 2012 — Stolt Valor, the tanker that caught fire north of Bahrain on March 15 (see earlier story), is now under tow, headed for the ASRY ship repair yard in

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