Castrol questions shipboard lube oil analysis technique
APRIL 10, 2013 — Concerns over corrosive wear risk in cross-head engines have led Castrol Marine to call into question a widely used onboard lube oil analysis technique. “Our view is that
Rolls-Royce and Drydocks World sign LNG fueled tug MOU
APRIL 10, 2013 — Rolls-Royce plc has signed a memorandum of understanding with Drydocks World Dubai to provide systems for liquid natural gas (LNG) fueled tugs for the Middle East market. The
Bourbon in 51 vessel $1.5 billion sale and charter back deal
APRIL 9, 2013 — Paris-headquartered offshore services giant Bourbon has signed an operating lease framework agreement for up to US$1.5 billion with ICBC Financial Leasing (China), a unit of China’s state-owned Industrial
ABS and MPA fund Singapore professorship program
APRIL 9, 2013 — Classification society ABS, the Maritime and Port Authority of Singapore (MPA) and the Singapore University of Technology and Design (SUTD) have collaborated to set up an ABS-MPA Maritime
Total cost of piracy: $5.7 billion to $6.1 billion
APRIL 9, 2013 — Even though ransoms paid to Somali pirates fell to an estimated $31.75 million in 2012 – an 80.1 percent decline on the $159.62 million paid the previous year
Subsea 7 wins $350 million Petrobras contract
APRIL 9, 2013 — Subsea 7 S.A. has been awarded of a contract worth in excess of $350 million by Petrobras. The contract is for the operation of the Pipe Lay Support
Odfjell and NCC to dissolve NOCT chemical tanker pool
APRIL 9, 2013 — After four years of cooperation Odfjell Tankers (Odfjell) and National Chemical Carriers (NCC) have agreed, effective June 1, 2013, to dissolve their pool of 40,000 to 45,000 dwt
USCG issues safety alert on surge protectors
APRIL 9, 2013 — The U.S. Coast Guard Inspections and Compliance Directorate has issued a Marine Safety Alert on the use of surge protective devices on board vessels An updated version can
Ingalls achieves DDG 1001 hangar milestone
APRIL 8, 2013 — Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has achieved a significant milestone in the construction of the composite hangar for the U.S. Navy’s second Zumwalt-class
Ensco goes back to Keppel FELS for another Bigfoot
APRIL 8, 2013 — Ensco plc (NYSE: ESV) has ordered a new premium jack-up rig based on the Keppel FELS B Class Bigfoot design for delivery in early 2015. To be named