News


NOL Group Announces Succession Plan for Group CEO

NOL Group announced its executive succession plan to appoint Mr. Ng Yat Chung the next Group President and Chief Executive Officer.  Mr. Ng will take over from Mr. Ron Widdows, who will retire from his present post at the end of this year and remain as a Senior Adviser to the Company.

Aegean Announces Expansion Plans in Panama

Awarded Long-Term Concession to Operate Storage Facilities in Ports Located at Each End of the Panama Canal; Company Plans to Commence Physical Supply Operations in Panama by the End of Q2 2011 PIRAEUS, Greece, April 18, 2011 /PRNewswire/ -- Aegean Marine Petroleum Network Inc.

L-3 Maritime Systems Wins LCS Contract

L-3 Maritime Systems has been awarded a contract from General Dynamics Advanced Information Systems to supply its Seaframe Control System for the next Independence variant Littoral Combat Ship (LCS). The contract is for the first ship and includes options for an additional 14 ships.

HSRP to Meet in Honolulu

The Hydrographic Services Review Panel (HSRP) is a Federal Advisory Committee to the National Oceanic and Atmospheric Administration (NOAA) that will convene a Public meeting on May 4-6, 2011 in Honolulu, Hawaii.

New President of STX Finland

Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland.

Are Weapons the Answer to Counter Piracy?

This article is intended to help inform the debate on the use of arms, in particular, armed Sea Marshals, in the protection of vessels conducting commercial business. At the outset AKE acknowledges

Middle East Turmoil and U.S. Economic Sanctions and Export Controls

The primary focus of last year’s annual update, which appeared in the April 2010 issue, was U.S. efforts to tighten economic sanctions against Iran.  The last several months have seen these efforts come to fruition, as well as imposition of new sanctions affecting Libya, North Korea, and Somalia.

Disposal of Chemical Weapons at Sea

While World War II is well-known as the beginning of the age of atomic weapons, World War I is lesser-known as dawn of the age of chemical weapons.  The 1914-1918 conflict saw development and large-scale production of mustard gas,

INTERVIEW: Carmen Pino, Castrol Offshore

The business of lube and fluid supply is fiercely competitive and ever-changing, continually challenged to deliver more economical, environmentally and better performing product. Maritime Reporter spent some time with Carmen Pino,

BW Offshore: The Most Advanced FPSOs in Brazil

The abundance of deepwater O&G prospects, combined with the lack of oil transportation infrastructure in Brazil, has increasingly favored FPSOs as a production solution. Petrobras presently has more than 25 FPSOs in operation and this number is expected to double during the next decade.

Napa Signs an Agreement with DSME

Onboard-Napa Ltd. signed an agreement with Daewoo Shipbuilding & Marube Engineering Co. Ltd.(DSME). The agreement specifies the co-operation with sales, model creation and delivery of the environment-friendly

STX Finland Signs a Maintenance Contract for Saipem

On 20 April 2011, STX Finland Oy and Saipem S.p.A signed a contract on major overhaul and maintenance of the semisubmersible pipelay vessel Castoro Sei. The work on the ship, providing employment for as many as about 1,000 people, will be completed by STX's Turku shipyard.