News


Heikinheimo New President of Napa Group

Juha Heikinheimo (54) was appointed President of Napa Group (Napa Ltd), a leading provider of software solutions for the maritime industry. The appointment takes effect on September 1, 2011. Mr Heikinheimo assumes the position from Matti Salo,

BMT Offers CNRI Decommissioning Support

BMT Cordah won a contract by Canadian Natural Resources International (CNRI).  This project will see BMT provide vital support and guidance for the environmental aspects during two of CNRI’s decommissioning projects, both of which are currently in the planning and consenting phase.

Container Industry: Slump to 50 Year Low

According to a report on Bloomberg, the container-shipping industry is dealing with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, a double whammy of stagnate global economy and a capacity glut.

WSS Forecasts Increase in SARD Contracts

Wilhelmsen Ships Service (WSS), is experiencing a sharp increase in the number of Asian owners who are signing up for the Ships Agency Re-Defined (SARD) global service. SARD enables owners to integrate

American Club Strengthens NY-Based Underwriting Team

Recruitment of Asian Specialist. In a move to add extra underwriting expertise to its New York team and further enhance its growing presence in Asia, the American P&I Club’s managers have recruited a well-known Asian specialist.

Oil & Gas Warms to Reflex Marine’s Arctic Thermal Pod

Oil & Gas industry warms to Reflex Marine’s cold weather device – ‘The Arctic Thermal Pod’ Expert in marine personnel transfer Reflex Marine has developed an innovative safety accessory for use with the FROG – the ‘Arctic Thermal Pod’.

10 Years After 9/11, Security Still a Top Priority of U.S. Ports

AAPA Concerned Federal Budget Cuts May Impact Port Security Progress. Port and industry leaders from throughout the Western Hemisphere will pause on Sunday, Sept. 11, as part of the 100th Annual Convention of the American Association of Port Authorities (AAPA) in Seattle (Sept.

GulfMark Orders Three PSVs from Poland

GulfMark Offshore, Inc. (NYSE: GLF) announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and

MTNW & Delmar – New Approaches to Offshore Mooring

Measurement Technology NW (MTNW) implemented its running line tensiometer (RLT) technology with a Samson synthetic rope in an offshore mooring monitoring project engineered by Delmar Systems.  This implementation is MTNW’s first use of tension measurement technology with 2”+ synthetic ropes.

DryShips Reports 2Q Results

DryShips Inc. (NASDAQ: DRYS) announced its unaudited financial and operating results for the second quarter and six month period ended June 30, 2011. For the second quarter of 2011, the company reported a net loss of $114.

Murmansk Shipping to Assist U.S. NSF

Murmansk Shipping Company was selected among other operators of icebreaking fleet by U.S. National Science Foundation (National Science Foundation - NSF) which provides U.S. Antarctic Program. The ice-breaker Vladimir Ignatyuk successfully works in Antarctica,

N.E.I. Wins BWT Orders From Bohai Shipbuilding

N.E.I. Treatment Systems received its first order from Bohai Shipbuilding Heavy Industry for two Venturi Oxygen Stripping (VOS) Ballast Water Treatment Systems (BWTS) to be installed aboard two 320,000 DWT VLCCs being built for Sovcomflot.