Former Semcorp Marine finance director jailed
OCTOBER 29, 2014 — Sembcorp Marine Ltd. (SMM)’s former finance director Wee Sing Guan has been sentenced to 39 months in jail by a Singapore court after pleaded guilty to nine charges
Piracy trends down, but oil thefts continue
OCTOBER 29, 2014 — Though pirate attacks worldwide have fallen for the third consecutive year, small tanker hijacks by armed gangs are escalating in Southeast Asia, according to the latest piracy report
ADM takes delivery of bulker with air lubed hull
OCTOBER 29, 2014 — Agribusiness giant Archer Daniels Midland Company (ADM) has taken delivery of Harvey Frost, the first of three eco-friendly 95,000 dwt bulk carriers featuring an air lubricated hull. The
Wärtsilä design and equipment picked for AHOSV duo
OCTOBER 29, 2014 — Two new 150 ton bollard pull anchor handling offshore support vessels (AHOSVs) being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will
Rolls-Royce books its largest single subsea contract yet
OCTOBER 29, 2014 — Rolls-Royce has won its largest subsea vessel project yet. It has signed a £24 million (about $38.7 million) contract with Ocean Yield ASA that will see it supply
Budget watchdog: Woes ahead for Canada’s A/OPS program
OCTOBER 28, 2014 — There was a welter of denials when the Canadian Press news service reported this month that Ottawa plans to scale back the number of Arctic/Offshore Patrol Ships it
Five companies receive Marine Safety Awards
OCTOBER 28, 2014 — At its 25th Annual Membership Meeting at the Yale Club in New York City last week, American Maritime Safety awarded Maritime Safety Awards to five member companies received
Dr. Uwe Lauber named new MAN Diesel & Turbo CEO
OCTOBER 28, 2014 — The new CEO of MAN Diesel & Turbo SE comes from within the company’s own ranks. Dr. Uwe Lauber will assume the post of Executive Board Chairman of
Enterprise Marine invests in Z-drives
OCTOBER 28, 2014 — Houma, LA, based Enterprise Marine Services, a subsidiary of Enterprise Products Partners L.P., is making a major commitment to Z-drives for the U.S. inland waterways. It currently has
Great Lakes Shipyard gets $4.9 million order for two tugs
OCTOBER 28, 2014 — The New York Power Authority (NYPA) Board of Trustees has awarded a more than $4.9 million contract to Great Lakes Shipyard of Cleveland, OH, for two new tugboats