NOL reports red ink year
FEBRUARY 22, 2013 — Container shipping giant Neptune Orient Lines (NOL) has posted a full year net loss of US$419 million for 2012, mainly due to a first quarter net loss (before
Vroon names newbuild at Amsterdam repair yard
FEBRUARY 22, 2013 — Vroon Offshore Services (VOS) has named its new Subsea Support Vessel VOS Sweet in a ceremony held earlier this month at Damen Shipyards’ Oranjewerf Shiprepair, Amsterdam. The new
Hercules Offshore buys jack-up from KCA Deutag
FEBRUARY 21, 2013 — Houston headquartered Hercules Offshore, Inc. has agreed to acquire the offshore drilling rig Ben Avon from a subsidiary of Aberdeen, Scotland, headquartered KCA Deutag. The purchase price is
Kvichak Marine books order for pilot boat
FEBRUARY 21, 2013 — Kvichak Marine Industries, of Seattle, WA, has been awarded a contract to build a 50 ft x 15.5 ft pilot vessel for the Southwest Alaska Pilots Association (SWAPA).
Offshore Alternatives expanded into new December event
FEBRUARY 21, 2013 —The only way to meet the energy challenges of the future is an “all-of-the-above” strategy. That means continuing to develop new and existing sources of oil and gas, as
AEU adds merchant mariner to loss control staff
FEBRUARY 21, 2012 — The American Equity Underwriters, Inc. (AEU), Mobile, AL, has hired Jason Lake as a Loss Control Manager. Mr. Lake joins the current staff of highly experienced loss control
EC allows more state aid to ease Brodosplit privatization
FEBRUARY 21, 2012 — The European Commission has authorized an amendment to the restructuring plan and the privatization contract for Croatia’s Brodosplit shipyard and the Government of Croatia has committed to complete
Rolls-Royce delivers advanced waterjets for LCS 5
FEBRUARY 21, 2012 — Rolls-Royce reports that has delivered the new and advanced Axial Mk1 waterjets for the Navy’s fifth Littoral Combat Ship (LCS), Milwaukee, the latest Freedom-variant LCS (see earlier story)
Dubai crew boat gets non-toxic antifouling system
FEBRUARY 21, 2012 — Netherlands based Maritime Technology Company Micanti BV has applied its patented non-toxic antifouling system on the crew vessel Lady Rasha in Dubai. Micanti’s Thorn-D is an adhesive foil
Sembcorp Marine reports higher turnover, lower profit
FEBRUARY 21, 2013 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $538 million in 2012. Earnings per share for the Group were 25.8 cents, while return on equity