Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced financial results for its fiscal 2013 second quarter and the six months ended October 31, 2012. Highlights OPT reported an operating loss of $9.2 million for the six months ended October 31, 2012, relatively unchanged from the compara
The harbour dredger used by Moray Council has been sold. In recent years the MV Shearwater had become too costly to maintain and its frequent breakdowns made the operation of it unreliable. The vessel was used to keep harbours in Moray clear, and was frequently contracted out to other authorities th
The U.S. Army Corps of Engineers, Galveston District, awarded a contract to Orion Marine Construction Inc. in the amount of $8,876,000 for maintenance dredging of the Matagorda Ship Channel to include a critically shoaled area of the Gulf Intracoastal Waterway near the entrance channel in Matagorda
Holger Klindt, Head of Strategy & Product Management for Signalis in France and Germany, has been elected Chairman of the International Federation of Hydrographic Societies (IFHS) in succession to Aubrey Price, Executive Director of C&C Technologies (South Africa); also elected as Vice-Chairman is R
OAO Sovcomflot (SCF Group) today announces that on 12 December 2012 it signed a USD 160 million, 12 year export credit facility with Finnvera plc, Finnish Export Credit Ltd. and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chiri
The Isle of Wight Council announced a tender invitation for the Solent Ocean Energy Centre (SOEC) which is a managed test / demonstration facility for tidal energy devices, located to the south of the Isle of Wight (UK). SOEC will add to the UK’s marine energy infrastructure and enable tidal device
ClassNK issues world’s first statement of compliance for a ship recycling facility to Jiangmen Zhongxin Shipbreaking & Steel Co. The Statement of Compliance issued by ClassNK certifies that the facility and its recycling procedures are fully in compliance with the Hong Kong International Convention
Transas Marine and Navigazione Montanari have signed a TRANSERV agreement for 11 vessels. Nine vessels are already equipped with Transas Navi-Sailor 4000 Dual ECDIS and Transas Admiralty Data Service TADS (Official SENC), and sail paperless. 2 more vessels will be fitted with Navi-Sailor ECDIS and T
Arklow Marine Services announced today a new build contract for Gardline in the U.K. This 19 metre wind farm service vessel is a totally new design and is constructed with a flexibly mounted deckhouse and wheelhouse in order to reduce noise absorption. Work will commence in early January and deliver
To meet the needs of changing market conditions and increased commercial vessel traffic in and around the Great Barrier Reef, TITAN Salvage has established a new office and equipment depot in Cairns, Australia. The presence in the Pacific Southeast enhances the company’s marine salvage, wreck remova
Odfjell Well Services a part of Odfjell Drilling Group, has won a contract to provide casing and tubular handling services to DONG E&P’s well operations in Norway. “We are proud to be chosen to support their well services in Norway and we will do our best to deliver safe and efficient services to th
Arklow Marine Services announces a new build contract for Gardline in the U.K. This 19 metre wind farm service vessel is a totally new design and is constructed with a flexibly mounted deckhouse and wheelhouse in order to reduce noise absorption. Work will commence in early January and delivery date
Arklow Marine Services announces a new build contract for Gardline in the U.K. This 19 metre wind farm service vessel is a totally new design and is constructed with a flexibly mounted deckhouse and wheelhouse in order to reduce noise absorption. Work will commence in early January and delivery date
Rolls-Royce, the global power systems company, will design and power an offshore vessel for as an undisclosed ship owner, who has exercised an option to build an additional Rolls-Royce platform supply vessel at Jiangsu Eastern Heavy Industries Co., Ltd. in China. The £6 million order comes in additi
