News


MWCC Membership Grows

The Marine Well Containment Company (MWCC) announced today that its membership has grown to 10 members at the conclusion of the company’s formation period. The MWCC member companies are now Chevron, ConocoPhillips, ExxonMobil, Shell, BP, Apache, Anadarko, BHP Billiton, Statoil and Hess.

FLAGSHIP-iCAS: Optimum Situation-Awareness In An Emergency

FLAGSHIP, the Pan-European maritime transport project part funded by the EU, has successfully developed software that enables comprehensive suppression of audible warnings in order to avoid large cascades of alarms on the bridge and in the engine room.

ClassNK Launches MLC Consulting Service

April 12 (Tokyo) – ClassNK has begun offering a new consulting service for the International Labour Organization’s Maritime Labour Convention (MLC) 2006. The launch of this new service comes just as shipowners are beginning to practically address the requirements of the new convention,

MOL, Hafnia Agree To Jointly Operate New LR1 Pool

On the May 1, “Straits Tankers Pte Ltd”, a MOL and Hafnia Management strategic J/V set up in Singapore, will be ready to market 25 coated LR1’s, entered into the “Straits Tankers LR1 Pool”. The goal is

Riester named EVP of Propeller Club

Fairfax, Virginia--The International Propeller Club of the Unites States has announced that R. Andrew Riester has been named Executive Vice President.  After a period of transition alongside interim Executive Vice President John W.

NASSCO Launches USNS William McLean

SAN DIEGO – General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today launched the U.S. Navy’s newest supply ship, USNS William McLean (T-AKE 12), during an evening christening ceremony at the shipyard.

KONGSBERG System Suppresses Superfluous Alarms

The Flagship maritime transport project has developed software that enables comprehensive suppression of audible warnings in order to avoid large cascades of alarms on the bridge and in the engine room.

4th Annual Global Marine Renewable Energy Conference

Wednesday April 27,  Industry Development Day there will be reports and discussion about current research on MHK advancement from Sandia National Laboratories,  National Renewable Energy Laboratory; and the Department of Energy.

NORTH P&I CLUB Publishes Guidance On Sanctions For Shipowners

The ‘A’ rated, 150 million GT North of England P&I club has published new guidance for shipowners on how to avoid being caught out by the increasingly complex ‘patchwork’ of international trade sanctions currently in force worldwide.

Dryships Announces Signing Of $800 Million Loan Facility

ATHENS, GREECE – April 18, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing, by its majority-owned subsidiary Ocean Rig UDW Inc.

SINANJU Partners with SpecTec

SINANJU joins the list of SpecTec’s ever growing distinguished customers by committing to AMOS2 Enterprise Suite. The project includes interfacing to third party accounting system; database construction, training and implementation.

Signed Contracts for Acquisition of Two Resale Supramax Bulk Carriers

The  Shipping  Corporation  of  India  Ltd.  (SCI) has signed contracts for acquisition of two resale Supramax bulk carriers with M/s Grand Yard. Investments Ltd., China on 15th April, 2011.  These vessels