Sembcorp Marine reports increased profits
MAY 3, 2013 — Singapore’s Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for
Judge stays Alumni Association eviction from Kings Point
MAY 2, 2013 —The dispute between the U.S. Merchant Marine Academy Alumni Association & Foundation and the present Academy superintendent, James Helis, drags on. As we reported earlier, Superintendent Helis has been
Allegretti takes helm at American Maritime Partnership
MAY 2, 2013 —Thomas Allegretti, President & CEO of the American Waterways Operators (AWO) has been elected the new Chairman of the American Maritime Partnership (AMP). He succeeds James Henry, Chairman and
Pemex to take 51% stake in Spanish shipyard
MAY 2, 2013 — Mexico’s national oil company, Pemex, yesterday signed a letter of intent with Spanish shipbuilder Hijos de J. Barreras (Astilleros Barreras) and its three shareholders agreeing terms for it
Hoegh LNG ship to serve as China’s first FSRU
MAY 2, 2013 — Oslo-headquartered Hoegh LNG’s 145,130 cu.m GDF Suez Cape Anne is to serve as the the first floating storage and regasification unit in China. Delivered from shipbuilder Samsung Heavy
EMAS AMC wins $75 million Statoil subsea contract
MAY 2, 2013 — Singapore headquartered Ezra Holdings Limited reports that its subsea division, EMAS AMC, has been awarded a subsea engineering, procurement and offshore construction contract from Norway’s Statoil for the
Bourbon reports increased first quarter revenues
MAY 2, 2013 — Paris-headquartered offshore services provider Bourbon reports that at Euros 315.1 first quarter revenues were up 13.4 percent compared with first quarter 2012 (EUR 278 million) and stable compared
Havyard orders MacGregor cranes for Nigeria IMR vessel
MAY 2, 2013 — Norwegian shipbuilder Havyard has ordered two cranes from Cargotec’s MacGregor subsidiary for installation on the 113 m subsea IMR vessel it is building for Nigeria’s Marine Platforms Limited
Buckley McAllister elected new Chairman of AWO
MAY 1, 2013 — Buckley McAllister, President, McAllister Towing, has succeeded Linn Peterson of Kirby Inland Marine, LP as Chairman of the American Waterways Operators, the national trade association representing the tugboat,
USCG awards Huntington Ingalls contract for NSC 6
MAY 1, 2013 — The U.S. Coast Guard has awarded a fixed‐price incentive firm target contract valued at approximately $487.1 million to Huntington Ingalls Industries for the production of the sixth National