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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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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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Michael Mannering nominated as new Chairman

Songa Offshore SE’s Board announced today its nomination committee’s proposal for the board of directors of Songa Offshore SE, to be elected on the company’s AGM on June 6th 2013 in Limassol, Cyprus. Mr. Michael Mannering, President of the Rig Management Group at Schlumberger, is nominated as a new Director and Chairman of the board. […]

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TITAN Refloats Grounded Vessel from England’s Farne Islands

Salvage Job Completed without Damage to Environment Despite Challenging Sea and Weather Conditions TITAN Salvage has successfully refloated the 262-foot containership M/V Danio from its stricken position on England’s Northumberland coast despite challenging sea and weather conditions. Danio, which was carrying a load of timber and en route to Belgium from Scotland, ran aground at […]

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Latest Job Vacancies!

Latest Job Vacancies from Web Crewing Master on DP2 DSV Recruit 4 Offshore are looking for experienced Master’s to work on board their clients DSV, DP2, 4 Point Mooring Vessels and Non DP on a 90 Day rotation. All candidates must be experienced and available straight away.  Chief Mate on DP2 PSV Recruit 4 Offshore […]

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Crowley Gets Prestigious Logistics Excellence Award

Toyota Logistics Services Recognizes Crowley with its Prestigious Logistics Excellence Award for Quality for Eleventh Consecutive Year Crowley Maritime Corp.’s liner and logistics group was recently presented with its eleventh-consecutive Logistics Excellence Award for export quality – an honor given in recognition of Crowley’s ongoing efforts to safely and efficiently transport Toyota vehicles to Puerto […]

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Seadrill Signs Contract for the Newbuild Drillship West Neptune

Seadrill Secures a three-year Contract for the Ultra-deepwater Newbuild West Neptune Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential […]

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Premier Option for the Provision of WilPhoenix Exercised

Premier Option for the Provision of WilPhoenix Exercised   Premier Oil UK Limited has exercised its option to extend the term of its drilling contract with Awilco Drilling PLC. This option is for a period of approximately 70 days commencing in March 2014 and has an estimated additional contract value of USD 22 million. WilPhoenix […]

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Seadrill Operational Update Fourth Quarter 2012

In the third quarter financial report Seadrill estimated the downtime for the deepwater rigs in operation to be 41 days for the fourth quarter. After closing the quarter revised estimates show downtime has increasing to approximately 100, days, mainly due to BOP issues on several of the Company’s rigs.  In line with what the Company […]

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Brian O’Kelly: Irish Continental`s new Director

The Board of Irish Continental Group plc announce the co-option to the Board of Brian O’Kelly as a non-executive Director. The appointment was effective from 14th January 2013. Brian is Managing Director of Goodbody Corporate Finance, one of the leading corporate finance houses in Ireland. He has over 20 years experience in corporate finance and […]