Category archives for: Americas

Aker Solutions, Baker Hughes Eye Subsea Production Advancement

Aker Solutions, Baker Hughes Eye Subsea Production Advancement

Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise in well completions and artificial-lift […]

Georgia Ports Authority Gives Back to Community anent Earth Day

Georgia Ports Authority Gives Back to Community anent Earth Day

The Georgia Ports Authority celebrated Earth Day by unveiling nearly 14 acres of recently created wetlands. The 2.5 year, $3.7 million project treats 100 million gallons of water annually and creates natural wildlife habitat in the heart of the nation’s fourth busiest container terminal. “Our mission is to grow our business in environmentally responsible ways,” […]

Farstad Bags Over USD 87 Mln in Charter Contracts

Farstad Bags Over USD 87 Mln in Charter Contracts

Farstad Shipping ASA has been awarded several charter contracts for its vessels, the total value of which, excluding options, is approx. USD 87.8 million. The following vessels have secured work in the upcoming period: Total E&P South Africa has awarded the PSV Far Spica (2013, PSV 08 CD, 4.000 DWT) a 4 month contract. The […]

Princess Cruises Recreates Maiden Itinerary to Mexico

Princess Cruises Recreates Maiden Itinerary to Mexico

To cap a year of 50th anniversary activities, Princess Cruises, which celebrates the five decade mark in 2015, has created a special Mexico itinerary departing on December 3, 2015 – exactly 50 years to the day that the line’s original ship, Princess Patricia, set sail on the company’s very first cruise in 1965. Offered on […]

VIDEO: Three Injured Crewmen Airlifted from Vessel in Alaskan Waters

VIDEO: Three Injured Crewmen Airlifted from Vessel in Alaskan Waters

The U.S. Coast Guard safely medevaced three injured men from a vessel approximately 200 miles south of Kodiak on Monday, April 21. Two Air Station Kodiak MH-60 Jayhawk helicopter crews hoisted the men from the 587-foot motor vessel Copacabana and transported them to Kodiak to meet commercial medical flight services who flew the men to […]

Carnival to Cut Its Greenhouse Gas Footprint by 20 Pct

Carnival to Cut Its Greenhouse Gas Footprint by 20 Pct

In honor of Earth Day and the importance of year-round environmental awareness, Carnival Corporation & plc, the world’s largest cruise company, announced it will meet its goal to reduce its rate of greenhouse gas (GHG) emissions from shipboard operations by 20 percent. This goal was established by the company as part of Carnival’s ongoing efforts […]

NYSE Suspends Trading of Genco’s Stock, Proceeds with Delisting

NYSE Suspends Trading of Genco’s Stock, Proceeds with Delisting

The New York Stock Exchange (NYSE) said on Monday that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the common stock of Genco Shipping & Trading Limited – ticker symbol GNK – from the NYSE. As a result, trading in the company’s common stock was suspended immediately. “NYSE Regulation has […]

Genco Seeks Relief in Chapter 11 amid USD 1.2 Bln Debt

Genco Seeks Relief in Chapter 11 amid USD 1.2 Bln Debt

Genco Shipping & Trading Limited, an operator of dry-bulk cargo ships, together with certain of its subsidiaries, has filed voluntary Chapter 11 petitions to implement a prepackaged financial restructuring that is expected to reduce the company’s total debt by approximately $1.2 billion and enhance its financial flexibility. Under the Chapter of the U.S. Bankruptcy Code, […]

New Surveillance System for the Global Maritime Security Market

New Surveillance System for the Global Maritime Security Market

Liquid Robotics and Ultra Electronics USSI have announced the joint development of a revolutionary and cost effective surveillance system for the global maritime security market. This new product leverages the Liquid Robotics Wave Glider, the world’s first wave powered ocean robot, with Ultra Electronics USSI’s state of the art acoustic sensing and signal processing to […]

Limited Commercial US Arctic Maritime Activities in the Next Decade

Limited Commercial US Arctic Maritime Activities in the Next Decade

Commercial U.S. Arctic maritime activities are expected to be limited for the next 10 years, according to industry representatives, due to a variety of factors, the U.S. Government Accountability Office (GAO) found in a report published on April 18th. Interviews with industry representatives highlighted a variety of general challenges related to operating in the Arctic, […]

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