News


Training the Next Generation at Great Lakes Towing

The Great Lakes Towing Company and Great Lakes Shipyard have entered into another year as a partner in St. Martin de Porres High School’s Corporate Work Study Program.  Four students, one from each grade level,

Braemar: Ask Questions to Cut Casualties, Costs

Underwriters should be asking more questions at the time of placing or renewing marine insurance to reduce the risk of major incidents and cut unnecessary costs, suggests Braemar (Incorporating The Salvage Association).

Bibby Launches Bibby Ship Management

As an owner itself, Bibby Ship Management is able to understand and meet the exacting needs of ship owners, particularly during this difficult economic time. The company, sitting within the vast Bibby Group,

Insights with an Kees Pilaar MD, Blohm + Voss

It could be argued that running an efficient, safe and profitable ship repair yard is one of the most difficult of all maritime jobs. First and foremost, unpredictability – in terms of planned and actual workload, as well as the very nature of the job themselves – is a recurring theme.

BW Group's 1H Performance Better than Expected

Moody's Investors Service says that operating results of BW Group (Ba2 negative) in 1H 2012 were better than expected, largely because of the higher charter rates achieved by the company for its vessels.

ITIC Pays Back Members

FOR the seventeenth year in succession, International Transport Intermediaries Club (ITIC) has paid a renewal credit to its members. For the year ended 31 May, 2012, members received a total of $5.2m.

Northern Energy Update on Rig Employment

Norway's Northern Offshore, Ltd announce that the last two wells of a 4-well program will not be drilled at the present time. The Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, ("VGP") has given notice that the last two wells will not be drilled at present.

Denmark Receives Power from Anholt Offshore Wind Farm

The first CO2-free power is now being fed into the Danish power grid from Anholt offshore wind farm. On its completion next year, the farm, with its total capacity of 400 MW, will be Denmark’s largest offshore wind farm and will deliver power equivalent to the consumption of 400,

Maersk Drilling Secures Offshore West Africa Contract

Jack-up rig 'Maersk Endurer' contracted for 2-year drill off Cameroon, adding about US$ 100-million to Maersk Drilling's contract backlog. Maersk Drilling expands its activities in West Africa with the signing of a contract for the jack-up Maersk Endurer with Addax Petroleum,

Saab Seaeye MD Leaves

Dave Grant has left Saab Seaeye after five years as Managing Director. Agneta Kammeby, chairman of Saab Seaeye Ltd says, "Dave Grant has made a valuable contribution in the ROV business for offshore Oil & Gas.

Enclosed Space Entry Safety Amendments Agreed

SOLAS amendments to mandate enclosed space entry and rescue drills agreed by IMO Sub-Committee on Dangerous Goods, Solid cargoes & Containers. Draft amendments to SOLAS regulation III/19 to mandate enclosed space entry and rescue drills were agreed by the Sub-Committee on Dangerous Goods,

Daily Maersk Customers Save Money

42% of Maersk Line’s customers on the flagship “Daily Maersk” product between Asia and Northern Europe report direct savings on logistics costs. 
 In 2011, Maersk Line launched Daily Maersk, providing customers with a ‘conveyor belt’ service between selected ports in Asia and Northern Europe.