Otto Marine issues profit warning
Singapore based offshore services specialist Otto Marine Limited has issued a profit warning about the financial results of the company and its subsidiaries for the financial year ended December 31, 2011. The
USCG and NAMEPA sign MOU
The U.S. Coast Guard and the North American Marine Environment Protection Association (NAMEPA) have announced an agreement to co-develop and implement outreach, training and educational materials aimed at reducing maritime pollution. Under
Helsinki shipyard lays keel of ultramodern icebreaking supply vessel
A keel laying ceremony at the Arctech Shipyard,Helsinki, Finland on January 19 marked the start of construction of an ultramodern multi-functional icebreaking supply vessel. The ship is specially designed to service the
Carnival to audit safety and emergency procedures at all its cruise brands
The Costa Concordia accident “has called into question our company’s safety and emergency response procedures and practices,” says Micky Arison, chairman and CEO of Carnival Corporation & plc. Carnival Corporation yesterday announced
Rolls-Royce to design and equip seven vessels for Brazilian owner
Rolls-Royce has been awarded two contracts to design and equip seven vessels for Brazilian shipowner Navegação São Miguel Ltd. The contracts, for four oil spill recovery vessels and three bunker tankers, are
W&O inks U.S. distributorship deal with Pres-Vac
W&O, Jacksonville, FL, has been recently named the exclusive distributor for Pres-Vac of its pressure/vacuum valve and inert gas systems in the U.S., as well as the only factory-authorized service center in
Classification societies approve two designs for LNG fueled containerships
Development of large, LNG-fueled containerships moving ahead. Classification societies DNV and Bureau Veritas have each given approval in principle to designs for such vessels. Kawasaki Heavy Industries has gotten approval for a
Ulstein delivers first PSV of new PX121 design
Norway’s Ulstein Verft has delivered M/V Blue Fighter to Blue Ship Invest, another company within the Ulstein Group. The ship is the first of two medium-sized platform supply vessels (PSV) of Ulstein’s
China Oilfield Services reports advanced AHTS newbuild grounded in shipyard incident
The second of two advanced Rolls-Royce designed UT 788 CD AHTS being built by China’s Wuchang Shipbuilding Industry Co. has grounded in a shipyard incident.. Its sister vesse (pictured here) was successfully
Cruise safety subject of House subcommittee hearing
In what could be the first of many Congressional actions spurred by the Costa Concordia incident, U.S. House Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) said today his committee would