Island Offshore, a Norway-based owner of offshore support vessels, has announced that ConocoPhillips has declared a one year option on the MV Island Commander. The well stimulation vessel, built in 2009, has worked for ConocoPhillips at the Greater Ekofisk Area in the North Sea ever since. The vessel is equipped with a Schlumberger stimulation spread. [...]
Inverlussa, an island based company has sealed a multi million pound business deal creating five new jobs. The latest expansion at Inverlussa Marine Services means the firm now employs 27 people and has almost doubled its workforce in a year, during one of the worst recessions on record. The Mull company’s latest deal secures a [...]
May 1, 2013 | Posted in
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BIMCO announced that its new Secretary General/CEO to succeed Mr Torben C. Skaanild on his retirement later this year will be Mr Angus R. Frew, currently Chief Executive of the UK Chamber of Shipping. The appointment of Mr Frew was unanimously approved last week by the BIMCO Executive Committee at its meeting in Shanghai. It [...]
Last year, Siport21′s Real-Time Ship Manoeuvring Simulation Center has received 72 seafarers (Captains, Pilots and Tug Masters), who have developed Training Programs or participated in specific projects. In some cases, they have taken part in order to obtain their perception and contribution regarding new maritime operations. During 2012 the company carried out 19 Training Programs [...]
February 28, 2013 | Posted in
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Scorpio Tankers Inc. yesterday announced its financial results. For the three months ended December 31, 2012, the Company had an adjusted net loss of $3.6 million (see Non-GAAP Measure section below), or $0.08 basic and diluted loss per share, excluding a $1.3 million, or $0.03 per share, unrealized loss on derivative financial instruments. For the [...]
IPC Media, publisher of Motor Boat & Yachting and Motor Boats Monthly magazines, announced the winners of the prestigious 2013 Motor Boat of the Year Awards at London’s Savoy Hotel on Monday, January 14th. Sponsored by one of Europe’s most respected providers of yacht & motor boat insurance, Pantaenius UK Limited, the event was attended [...]
Subsea 7’s flagship ‘Seven Borealis’, a customised SOC 5000 design designed by ULSTEIN has been nominated for the prestigious Ship of the Year Award organised by the Offshore Support Journal. The Seven Borealis measures 182.2 x 46.2 metres and has a moulded depth of 16.1 metres. This state-of-the-art pipelay/heavy lift vessel, delivered 2012, is designed [...]
In 2013 New Year Message Mitsui OSK Lines (MOL) President Koichi Muto forecasts another record loss making year in 2013 as poor dry bulk and tanker markets take their toll. MOL President Muto’s 2013 New Year Message: I would like to take this opportunity to wish all MOL Group members a Happy New Year. 2013 is [...]
APM Terminals was named “International Terminal Operator of the Year” for 2012 at the annual Containerisation International awards luncheon, with the company’s “ongoing investment programs at its terminals and its ability to implement and adapt very effectively global safety, security and environmental guidelines at the local level” cited by the judging panel, as well as [...]
Between January and May 2012, the cargo turnover of Ust-Luga Port amounted to 15,272,645.140 tons and exceeded that of the same period last year by factor of 2.2. The car transshipment volume for the same period grew by 53% and reached 72,768 pieces. In May 2012, the port transshipped 4,450,225.241 tons of various cargos and, [...]
June 26, 2012 | Posted in
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