News


Grandweld Delivers Aluminum Crew Boat

Grandweld Shipyards delievered “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats.

BV Classes World's Largest Containership

Bureau Veritas has classed what is currently the largest containership in the world. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea for French operator CMA-CGM, CMA CGM Marco Polo is the first in a series of three 16,

FGH Expands Marine Insurance Capabilities

Fidelis Group Holdings LLC Announces Additional Excess Marine Liability Capacity For The Maritime Industry. Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd.

Vendée Globe, Everest of Yachtsmanship, Underway

The Vendée Globe 2012-2013, is a round-the-world single-handed yacht race, sailed non-stop and without assistance, a serious test of endurance. The race started last Saturday and finishes in Les Sables-d'Olonne ,

Buccaneer Updates Alaska Jack-up Rig Work Progress

Work on the 'Endeavour' rig by local contractors in Homer nears completion prior to deployment for shallow water drilling off Alsaska coast. Before its acquisition in November 15, 2011, the Endeavour had been idle for several years,

MTN Renews Cruise Line Communications Contract

MTN Satellite Communications (MTN) contract with Norwegian Cruise Line extended 5 years. The contract is for VSAT communications, crew calling, Internet services, access to MTN Worldwide TV™ and related services around the globe.

OceanWorks USN Authorized for DSS SOC Work

OceanWorks International again receives authorization from U.S. Navy to perform Deep Submergence Systems Scope of Certification (DSS SOC) work. OceanWorks International has again been authorized by the U.

Fold-up Boat 'QuickBoat' Goes Commercial

Australia's Quickboats Pty Ltd enters commercialization phase for its award-winning folding boat. Just one month after officially commencing operations, Australian company Quickboat Holdings Pty Ltd is now focused on the commercialization of its folding boat that is globally unrivaled in design,

CIT Launch Maritime Finance Business, Appoint MD

The new company, CIT Maritime Finance will originate & underwrite blue water vessel financing & its managing director is Svein Engh. CIT Maritime Finance will offer senior secured loans, sale-leasebacks,

Swiber Wins Siazable Offshore Contracts

Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore

Norsat Introduce VSAT Communications Package

Norsat International launches Global-VSAT, an equipment & global airtime services package to leverage Norsat MarineLinkTM maritime VSAT terminals.  The package is available via flexible lease and

BP Contract Jeppesen Voyage Planning

Jeppesen optimization solutions to be used aboard BP's LNG, Product & Crude Oil vessels to increase efficiency, reduce risks & save fuel. The contract will result in the installation of Jeppesen’s