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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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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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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 […]

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HAVFISK to Sell Vessel and Quota

HAVFISK ASA has signed a Letter of Intent to sell the vessel “Jergul” with quotas for fishing of cod, haddock and saithe. Havfisk has today signed a Letter of Intent with a North-Norwegian buyer for the sale of the vessel “Jergul” with quota for fishing of cod, haddock and saithe, a so-called cod trawler licence. […]

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Odfjell enters into Joint Venture with Founder Group

New joint venture agreement in China for Odfjell Terminals Odfjell Terminals has today signed an agreement to enter into a joint venture with the Founder Group to become 50/50 partners for the development of a petrochemical tank terminal in Quanzhou, Fujian Province, China. Odfjell Terminals will acquire from the Founder Group a 50% equity share […]

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Euronav Signs Extension USD 300Million Facility

Euronav Signs Extension USD 300Million Facility for 4 Years The executive committee of Euronav NV today announced that it has signed an extension of 4 years on its USD 300 million senior secured credit facility originally signed in April 2009 and which at the time of the extension had an outstanding of USD 221 million. […]

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James Cameron Honored with Crowley`s Maritime Security Enhancement Award

Crowley Honors USMMA Midshipman James Cameron with the Company’s Maritime Security Enhancement Award Crowley Maritime Corporation presented U.S. Merchant Marine Academy (USMMA) Midshipman James R. Cameron with the company’s Maritime Security Enhancement Award, during the academy’s 2013 graduation awards convocation last week. The Maritime Security Enhancement Award, established in 2003, is given each year to a […]