Monthly Archives: July 2017

Oil service company Helix Energy Solutions has narrowed its loss in the second quarter of 2017 backed by increased activity of its well intervention business. Mainly North Sea operations helped narrow the firm’s losses. The group, which controls Aberdeen based Helix Well Ops and Canyon Offshore…

Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU). The Facility comprises a 12 year export credit agency (ECA) term loan…

Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended 30 June 2017 with a net profit of QR 409 million (USD 112 mln) compared to QR 501 million (USD 137mln) of the same period last year in 2016.

Mitsui O.S.K. Lines (MOL) has announced that on July 20, its core dry-cargo ship management company, MOL Ship Management  received a new certification of its Environmental Management System ISO14001: 2015 and Energy Management System ISO50001from…

After a two-year restoration at historic Dry Dock 1 at Charlestown Navy Yard, Boston National Historical Park, America's oldest commissioned warship, USS Constitution was refloated July 23. Since entering dry dock on May 18, 2015, ship restorers…

The Standard Club has advised its members that at the start of July the Nautical Institute launched its Ice Navigator Scheme. This scheme is designed to help meet the demand for properly trained officers with the skills and knowledge to handle a ship i...

Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, introduced during the Winter Session of Indian Parliament came up for discussion in the Rajya Sabha (Upper House) and was passed unanimously by the house. The Bill aims to…

Two passenger service vessels operating at one of the U.K.’s most popular visitor locations have been repowered as part of a regular maintenance program. Royston Power Generation, a long established and authorized Volvo Penta center, has supplied…

Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business development to support the Crowley Maritime Corp. liner and logistics services groups. He will work closely with Cro...

Merseyside maritime company Wren Industrial & Marine Fabrications has been bought by Merseyside entrepreneur and former member of the Armed Forces Jonathan Willoughby. Bootle-based Wren Industrial has been run for 27 years by husband and wife team David and Helen Wren.