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Maersk Line Wins China Freight Industry Awards

Maersk (China) Shipping Co., Ltd. bagged 3 awards at the 10th China Freight Industry Awards ceremony held on 25th June 2013 at Shanghai. Maersk Line received awards in the category – ‘Best 10 Comprehensive Service Carrier’, ‘Best 3 Container Lines in Asia-Europe Trade’ and ‘Best 3 Container Lines in the Asia-South America Trade’. Matt Ma, […]

CMB Releases First Half Results

CMB’s executive committee has discussed the preliminary results recorded for the second quarter and those for the first half of 2013.   All figures mentioned in this press release have been prepared under IFRS (International Financial Reporting Standards) and have not been reviewed by the statutory auditor. The consolidated result for the first half of the year […]

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Euronav Releases Half Year Results

The executive committee of Euronav NV today reported its preliminary and unaudited financial results for the six months ended 30th June 2013. More Financial Reports:CMB Releases First Half Results The company had a net result of USD -41.4 million (first semester 2012: USD -20 million) or USD -0.83 per share (first semester 2012: USD -0.40), […]

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Odfjell Signs Site Reservation Protocol in Le Havre Port

Odfjell Terminals signs Site Reservation Protocol in Le Havre Port, France Odfjell Terminals Europe and Grand Port Maritime du Havre (GPMH) have today signed a Site Reservation Protocol for a plot of land in the Port of Le Havre to develop a bulk liquid terminal. More: Seadrill Orders Ultra-Deepwater Drillships for Delivery in 2015 The planned […]

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Maersk Line: Manning the World’s Largest Ship

The first Triple-E has commenced its maiden voyage in Busan, South Korea. At the helm, the crew of the Mærsk Mc-Kinney Møller whose members have been selected among Maersk Line’s finest. A selection of highly qualified crew members, specifically chosen because of their background and experience, will man the largest ship in the world. The […]

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Seadrill Orders Ultra-Deepwater Drillships for Delivery in 2015

Seadrill Limited has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per unit (including project management, drilling and handling tools, spares, capitalized […]

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CMA CGM Upgrades its Round the World PANAMA DIRECT Service

The new PANAMA DIRECT WEEKLY service will offer an extensive coverage of the trade with 20 ports of call CMA CGM announces the upgrade of its Round the World PANAMA DIRECT service from a fortnightly to a weekly frequency, as from September 18th, 2013. Thanks to its integration in CMA CGM global network, this upgraded […]

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PR-85 PROS Announces Appointment of New CFO

PROS – Announces the appointment of a new Chief Financial Officer Prospector Offshore Drilling S.A. (the “Company” or “PROS”) announced today the appointment of Eduardo “Eddie” Vargas as the Company’s Chief Financial Officer, effective immediately. Mr. Vargas joined the Company in May 2012 and had most recently served as the Company’s Controller. Prior to joining […]

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Subsea 7 Wins Contracts for 3 new-build PLSVs

Subsea 7 S.A. announced the award of three contracts from Petrobras with a combined value (at the time of contract signature) of approximately US$1.6 billion for the construction and operation of three new-build flexible pipe-lay support vessels (PLSVs). The work scope of each of these 5 year contracts is similar to that of the PLSVs […]

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Crowley One of the Healthiest Employers in Florida

Crowley Named One of the Top Three Healthiest Employers in Northeast Florida For proactively helping shape the health of its employees, Jacksonville-based Crowley Maritime Corp. has been recognized as one of the top three 2013 Healthiest Employers by the Jacksonville Business Journal. Crowley ranked third of all large northeast Florida companies (500+ employees), and was […]