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
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Noble gets contracts for newbuild drillships
APRIL 18, 2013 — Noble Corporation (NYSE: NE) today reported that it has entered into two three-year term drilling contracts with Plains Exploration & Production Company (NYSE:PXP) for the Noble Sam Croft
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
Teekay Tankers orders LR2 product tankers at STX
APRIL 8, 2013 — “The shift in global refining capacity east of the Suez Canal, development of new long-haul product tanker trading patterns, including the potential for increased U.S. exports, and a
Derecktor to build Maritime Aquarium catamaran
APRIL 5, 2013 — Robert E. Derecktor, Inc., says it has been selected as the shipbuilder for the new 19.2-meter catamaran research and classroom vessel that is to serve as a “floating
IACS unveils new draft of harmonized CSR
APRIL 2, 2013 — The question of to what structural standards ships should be built may seem pretty arcane, but having effective structural rules is fundamental to having a market in which
Kotug to add four new Rotor Tugs to its fleet
MARCH 27, 2013 — Rotterdam headquartered Kotug is to add four new ART 80-32 class Rotor Tugs to its fleet. They are the first vessels designed for KST B.V. under a recent
Bollinger delivers fifth FRC to Coast Guard
MARCH 25, 2013 — Bollinger Shipyards, Inc. has delivered the Margaret Norvell, the fifth Fast Response Cutter (FRC) to the United States Coast Guard. The 154 foot patrol craft Margaret Norvell is
Three more Twin Axe crew suppliers on way to MCS
MARCH 22, 2013 — Damen Shipyards Group reports that three more Damen Twin Axe Fast Crew Suppliers are on their way from Damen Shipyards Singapore to Maritime Craft Services (Clyde) Ltd (MCS)
As Legend skips a port, Carnival reports on first quarter
MARCH 15, 2013 — As yet another Carnival Cruise Lines ship experienced problems, parent Carnival Corporation (NYSE/LSE: CCL; NYSE:CUK) reported better than expected first quarter revenue of $3.6 billion. Carnival Legend: Skipping