To support its growth and finance its investment program for new vessels, BOURBON announces the establishment of new financing for a total of 420 million euros. The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on [&he
Britt Mjellem has today informed the Chairman that she is resigning as Board member of DOF ASA. Britt Mjellem resigns at her own request, given that she will assume a leading position in a competing company. The company thanks Britt for her efforts and contributions as a Board member for several yea
According to the TeleGeography, TSTT, a majority state-owned telecoms provider, announced that that they will install an independent submarine fibre-optic cable to improve inter-island connectivity and broadband services between the twin islands of Trinidad and Tobago. Additionally the company annou
The new 65-metre SEA RHAPSODY was christened at the Amels shipyard in Vlissingen, Holland, on Friday 20 April 2012. The Dutch superyacht builder delivered SEA RHAPSODY on time and the owners are looking forward to starting their yachting season in the Mediterranean as planned. More than 600 people w
OJSC MMC Norilsk Nickel announces that the Company’s cargo transportation efficiency has improved. Fleet modernization and further optimization of container transportation with respect to cargoes shipped from Dudinka made it possible to improve performance specifications of the vessels and reduce ha
The Board of Directors of Murphy Oil, an international oil and gas company that conducts business through various operating subsidiaries, today announced the appointment of Steve Cossé as President and Chief Executive Officer, effectively immediately. David Wood, the Company’s current President, Chi
Mitsui O.S.K. Lines, Ltd. today announced that two of its partner colleges in the Philippines, Bicol Merchant Marine College, Inc. and Holy Cross of Davao College, Inc. have received accreditation under the Institution approval Program of Japan’s Ministry of Land, Infrastructure, Transport and Touri
Sustainable business practices are central to “constant care,” the watchword across Maersk worldwide, and last month the U.S. Coast Guard formally recognized Maersk’s commitment to environmental stewardship. Maersk Line, Limited (MLL) received the U.S. Coast Guard’s 2012 Rear Admiral William M. Benk
Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil will control more than 350 leases in the Gulf of Mexico, further securing its significant leaseholder position “We are very pleased with today’s outcome,” sa
Coastline Surveys announces the appointment of Andrew Johnson as Hydrographic Services Division Manager. Andy has amassed a wealth of experience during his professional 25 year career in the marine industry worldwide. Andy has particular talents and enthusiasm in team building, business development
Through its fully owned subsidiary TTS Offshore Handling Equipment AS, Bergen-Norway, TTS Group ASA has been awarded the first of two options. The called option is worth between 65 – 70 MNOK. The contract with Kleven relates to new build no. 362 for delivery to Olympic Shipping AS. TTS will deliver
Germanischer Lloyd (GL) has undertaken its first Clean Shipping Index (CSI) verification for the product tanker Bit Viking. GL issued the vessel with a Statement of Compliance confirming that the data submitted by owner Tarbit Shipping meets the requirements of the Index, an essential step for ensur
Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil will control more than 350 leases in the Gulf of Mexico, further securing its significant leaseholder position “We are very pleased with today’s outcome,” sa
Dockwise Ltd. today announces near USD 85 million backlog additions in new contracts, bringing total for this quarter to approximately USD 102 million. Dockwise was awarded fifteen short term contracts, mainly for execution in Q2 and Q3 2012. The projects include twelve jack-up rig transports for va
