Major Oil Discovery In The Barents Sea

Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade.

Siem Offshore and Capricorn Greenland have Agreed contracts for Five vessels

The PSVs Siem Louisa, Siem Danis and Sophie Siem, shall perform regular supply duties. The AHTS vessels Siem Topaz and Siem Aquamarine shall perform Ice Management, ROV and supply duties. The contracts are for a period from April to October 2011 for all vessels.

Cape Town Terminal Welcomes End Of Windy Season

[CAPE TOWN – 31 March 2011]  The end of March should see a subsiding of the vicious south-easterly wind that has plagued the Cape and put Cape Town container terminal under serious pressure to keep cargo moving over the last few months.

Royal Australian Navy Opens KONGSBERG Simulator Training In Sydney

Warship handling and anti-piracy training capabilities boost for RAN. The Royal Australian Navy (RAN) opened its recently upgraded ship's bridge simulator training facility at HMAS Watson in Sydney on 25th March 2011.

ClassNK Expands China Service Network

Leading Class Society Establishes New Office in Shenzhen 31 March 2011 – ClassNK officially announced the opening of a new exclusive surveyor office in Shenzen today. The ClassNK Shenzhen Office becomes the 11th office the society has opened in China,

International Marine Transport and MOL Agree on Merger

ROTTERDAM, 31 March 2011 – Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that two of its group companies—International Marine Transport Co., Ltd. and MOL Tankship Management Ltd.

MHI to Establish Dedicated Unit In Existing Vessels

Tokyo, March 31, 2011 - Effective April 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish a structure to deal integrally with installations of ballast water treatment systems, as well as necessary ship modifications, in vessels already in service.

J.F. Lehman & Company Adds Three Members to Operating Executive Board

NEW YORK – J.F. Lehman & Company, a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, is pleased to announce the addition of the Honorable Michael J. Bayer, General John D.

BOEMRE to Aggressively Recruit Environmental Scientists

WASHINGTON, D.C. – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today launched a focused, nationwide recruitment campaign to fill current and new environmental science positions at the agency.

Pirates Steal & Repaint Tug, Strand Crew

Primarina Trading Pte Ltd of Singapore reported that one of the company's tugs, Marina 26, was taken by pirates on March 22 off Tioman Island Malaysia. The crew was later left adrift and rescued. The crew reports that the tug had been repainted to green.

OCEANFREIGHT INC. Announces Fleet Expansion

March 29, 2011 - Athens, Greece - OceanFreight Inc., (NASDAQ:OCNF) a global provider of seaborne transportation services for both drybulk and energy commodities, announced today that it has entered into an agreement to purchase two resale newbuilding 206,

Deep-water Ports Give Region Competitive Edge

Managing new larger-draft ships, key to future growth of Mid East trade - technology and environmental issues also major challenges for region’s ports Senior executives from the region’s largest ports and shipping organisations,