Halt Arctic Oil Drilling Urges UK Parliamentary Committee

The Environmental Audit Committee has published the report of its inquiry into Protecting the Arctic. The Environmental Audit Committee calls for a halt on oil drilling until: • A pan-Arctic oil spill response standard…

Environmental

Rolls-Royce to Sell Tidal Generation Ltd to Alstom

The sale is expected to complete within the next few months, subject to closing conditions. About Tidal Generation Ltd. (TGL ) 1. Rolls-Royce will sell TGL to Alstom UK Holdings Ltd, a wholly owned subsidiary of Alstom…

People & Company News

US Coast Guard Hero Wins AFRAS Gold Medal

The Association for Rescue at Sea, Inc. (AFRAS) will hold its annual awards ceremony and reception on 4 October 2012 on Capitol Hill. The event will be co-hosted by the Honorable Howard Coble, co-chairman, U.S…

People & Company News

Panama Canal Expansion 5-Year Update

Five years ago, the Panama Canal Expansion broke ground at Paraiso Hill & the latest update shows progress estimated at 44.5%. "The Panama Canal Expansion Program is moving forward at a good pace. The program has made…

People & Company News

Thai Navy Looking to Buy Two Warships

The Thai governmen approves the purchase of two medium-sized frigates with a budget of US$1-billion. The ships are needed to beef up the capability of the Thai maritime force in patrolling the country's territorial…

Shipbuilding

LNG Export Strategies on Agenda at London 'Russian Day'

The role of Russia as a key global supplier of natural gas will be amplified at upcoming 'Russian Day' event. The Russian Energy Minister, Alexander Novak, confirms he will host a special ‘Russian Day’ at one of the…

People & Company News

Scientists to Brief on Cutting-edge Maritime Related Research

The NATO Centre for Maritime Research & Experimentation participates for the first time in the Science Festival 2012 in Genoa, Italy. How can science help fight piracy? How are intelligent robots and cooperative networks…

People & Company News

Yachting Industry Future Debated at Monaco Yacht Show

Marine Industries Association of South Florida hosts Monaco discussions with international grouping on the future of the yachting industry. The Marine Industries Association of South Florida (MIASF) recently played host…

People & Company News

Asia's First Floating LNG Project to Have GE Compressors

GE Oil & Gas to supply gas turbine-driven compressor train technology to Malaysia’s Petronas for a floating liquefied natural gas (FLNG) facility. The start-up of the FLNG facility is scheduled for the fourth quarter of…

Contracts

Seadrill Orders New Ultra-deepwater Drillship

Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea, for 2014 delivery. The project value price is estimated to be around US$600 million (including…

Shipbuilding

Enclosed Space Entry Safety Amendments Agreed

SOLAS amendments to mandate enclosed space entry and rescue drills agreed by IMO Sub-Committee on Dangerous Goods, Solid cargoes & Containers. Draft amendments to SOLAS regulation III/19 to mandate enclosed space entry…

Legal

Odyssey to Begin Commodity Salvage from Shipwrecks

Odyssey Marine Exploration has four shipwreck contracts in place & has acquired rare shipwreck location archive for its database. Odyssey Marine Exploration, pioneers in the field of deep-ocean exploration, announce they…

Contracts