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Paris-headquartered classification society Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a new focus on operational efficiency.Writing in the Bureau Veritas Marine Business Review 2011, Bernard Anne, managing director of BV's Marine Division says, "Efficiency has to take on a new meaning. To be efficient means more ...

PaxOcean Engineering Zhoushan Co., Ltd. of Singapore, Singapore and The Levingston Corporation, Boerne, Texas, said today that they have signed a Letter of Intent to build a Levingston designed 415WC (World Class) with an option for one additional similar vessel for an undisclosed contract value. The announcement was made at the new Elevating Boats LLC's (EBI) facility at Poncha ...

House Energy and Commerce Committee Chairman Fred Upton (R-MI) applauded recent congressional and judicial efforts to increase offshore energy production.On May 11, the House passed H.R. 1229, Putting the Gulf of Mexico Back to Work Act. The bill forces the Secretary of Interior, within 30 days, to issue drilling permits on the dozens of existin ...

Olympic Shipping AS has ordered a third MT 6015 multipurpose platform supply vessel at Kleven Maritime at a value of 380 million NOK.The contract takes Kleven Maritime’s order reserve to 10 vessels with a combined value of 3.7 billion NOK. The vessel is scheduled for delivery in November 2012 and will be the third in a series of three ships for Olympic, the first two contract ...

The U.K. Marine Accident Investigation Branch (MAIB) has published a report on its investigation of an April 21, 2010 incident in which the chief engineer on board the U.K. registered containership Ever Excel was killed when he became trapped between the top of the ship's passenger elevator and the edge of the elevator shaft. Ever Excel was alongside in Ka ...

Conrad Industries, Inc.(OTC Pink Sheets: CNRD.PK), which has three shipyards in southern Louisiana and one inTexas, said today that rising water levels had forced it to temporarily discontinued operations at its Morgan City shipyard, located on the Atchafalaya River outside the protection of the levee system.Conrad commented on the challenges presented by the rising ...

Costamare Inc. has concluded shipbuilding contracts and charter agreements for five newbuild containerships, new chartering agreements for other containerships and has completed financing arrangements for two previously contracted newbuild containerships.Costamare has ordered five newbuild containerships, each of approximately 8,800 TEU capacity, from Korea's Sung ...

Crowley Maritime Corporation has christened two new double-hulled petroleum tank barges, the 165-1 and 165-2, in a small ceremony at shipbuilder Dakota Creek Industries in Anacortes, Wash. The vessels, which are the first double-hulled, environmentally friendly barges of their kind to operate in Western Alaska waters, will join Crowley's 180-1, a double-hull barge that has ...

Singapore's Keppel FELS Limited has secured contracts worth about US$393 million from returning customer Gulf Drilling International Ltd. of Qatar, They cover the construction of two high-specification KFELS B Class Bigfoot jack-up rigs. These latest contracts follow closely after Keppel FELS was awarded a newbuild jack-up rig contract by one of GDI's Shareholders, Japan Drilling ...

Cargotec is to supply two active heave-compensated (AHC) cranes for Volstad Maritime's large offshore construction vessel (OCV) on order at Bergen Group Fosen shipyard in Norway (hull 89.The contract covers a 250-tonne MacGregor AHC subse ...