News


Titan Torque Turnover Up 118%

Titan Torque, the oilfield services specialist, has announced it has increased turnover by 118%, increased the size of its Aberdeen facility and launched a new service to the drilling sector. Rapidly-expanding

Maritime Safety Committee Releases New Interim Guidance

Gray Page, a maritime intelligence, investigation and crisis management company, advised that the IMO's Maritime Safety Committee’s (MSC) recently-approved interim guidance on the employment of privately-contracted

Offshore: $11B in Floating Production System Orders Since March ‘11

IMA has completed a study of the floating production market, and the report documents strong growth in the business sector. According to the market survey, 14 floating production units have been ordered over the past four months – a record pace reflecting strong underlying market drivers.

Costa Orders 132,500-gt Ship from Fincantieri

Costa Crociere S.p.A., placed a new order with Fincantieri S.p.A. for the construction of a new cruise ship. The new ship ordered today, with a gross tonnage of 132,500, 3,700 lower berths, 4,928 total Guests and 1,

Mitsubishi Strikes Deal with Carnival Corp. to Build Two Cruise Ships

Mitsubishi Heavy Industries, Ltd. (MHI) announced the company has reached an agreement, and signed a memorandum of agreement (MoA), with Carnival Corporation & plc calling for the construction of two new 125,000-ton cruise ships for its AIDA Cruises brand.

New Book on Legal Aspects of Bunkering

Petrospot Limited has recently published Legal Issues in Bunkering: An Introduction to the Law Relating to the Sale and Use of Marine Fuels: a new book by barrister and legal consultant Trevor Harrison.

EU Funds Construction of BB Green Vessels

Under the 7th FRAMEWORK PROGRAM, EU is funding BB GREEN, an R&D project aiming at demonstrating feasibility of the first ever Air Supported Vessel (ASV) battery powered, fast commuter ferry. The 3 year project,

OSX Brasil Announces New Operational Plan

OSX Brasil S.A., announced a new Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equipment at its Açu Shipbuilding Unit ("UCN Açu") up to 2015.

Travelers Develops New Marine Construction Insurance Package

Whether building piers and docks, repairing bridges or retrofitting port facilities, construction contractors experienced in working along the waterfront are in demand. To help construction contractors manage both the marine and non-marine exposures that come with working in and around the water,

Soucie Takes Command of MSCEURAF

In a recent ceremony at Naval Support Activity Capodichino in Naples, Italy, Capt. Richard Soucie assumed command from Capt. James E. Tranoris of Military Sealift Command Europe and Africa (MSCEURAF), MSC’s Naples-based office.

Swire Opens Corporate Office in Houston

Swire Oilfield Services, a provider of offshore cargo-carrying units and associated services, has officially opened its North American corporate office in Houston, TX.  Located in one of the major oil capitals,

Excel Reports Strong 2Q

Excel Maritime Carriers Ltd, an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, has announced its operating and financial results for the second quarter and six month period ended June 30, 2011.