BYM General News
Wed Dec 17 16:24:20 EST 2008
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USA. Teleflex to address weakness in marine & industrial markets -   Teleflex Incorporated (NYSE:TFX) announced the initiation of a program to consolidate operations in its Commercial Segment to address an expectation of continued weakness in the marine and industrial markets. The company expects these actions will result in restructuring ...

UK & India. Deep Sea Supply takes delivery of new build - We are pleased to inform that Deep Sea Supply has taken delivery of "Sea Witch", a newbuilding PSV from Cochin Shipyard in India. The vessel is a UT 755L Platform Supply Vessel delivered ahead of schedule and on budget. ...

UK & Morocco. Canamens signs offshore exploration agreements - Canamens is pleased to announce the signing of a suite of agreements - including an Association Contract, a Petroleum Agreement and a Reconnaissance Contract, along with associated permits and a licence - to explore for oil in Morocco. These ...

USA. Pacific Drilling receives funding to construct Ultra-Deepwater Drillships -   Pacific Drilling Ltd. has announced the closing and funding of a $1,190,000,000 facility by a 50% owned joint venture. The facility was lead by DnB Nor Bank AsA and Fortis Bank SA/NV. The facility supports the $1,490,000,000 delivered ...

USA. ExxonMobil technology yields world’s first Q-Max LNG carrier -   Exxon Mobil Corporation’s (NYSE:XOM) technology leadership in liquefied natural gas or LNG has resulted in an industry breakthrough in carrier design and size, enabling the more efficient transport of natural gas to markets throughout the world. The recent ...

Spirit of Mystery: What do squid eat, ask Pete Goss - Ding Ding, 162 nm of pure pleasure on the helm and all in the right direction. Good old Spirit of Mystery was in her element with the jib, fore lug and reefed mizzen as she trundled away at eight ...

UK. Award winning expert, Ian Leggett, at IMarEST Metocean Awareness Course -   Participants at the first Institute of Marine Engineering, Science and Technology (IMarEST) three-day Metocean Awareness Course, being held 10-12 February 2009 are set to benefit from the knowledge of the winner of the prestigious Energy Institute 'Individual Achievement ...

Australia. New fire station for thriving fishing town of Tin Can Bay - Residents of Tin Can Bay and the surrounding area will benefit from a new state of the art auxiliary fire station, opening today. The $700,000 facility is one of three new and 11 redeveloped or replacement fire and rescue ...

Korea. 13,800 TEU Megaboxer with Class GL delivered at Samsung Shipyard - The biggest containership ever classed by Germanischer Lloyd (GL) was delivered in mid-December at Samsung Heavy Industry Shipyard in Geoje, Korea. The newbuilding named MSC DANIELA has a capacity of 13,800 TEU. MSC DANIELA is exceptional not only in ...

USA. Alcatraz Cruises launches Hornblower Hybrid, a wind, solar and diesel powered ferry -   Representatives from the National Park Service, Mayor Gavin Newsom's office, NOAA and Save the Bay were among the 85 people to enjoy a breakfast gathering aboard the nation's first known hybrid ferryboat. On Friday morning, December 12, at Pier ...

USA. ITT recommends dividend increase, extends share repurchase program -   ITT Corporation (NYSE: ITT) has announced its full-year 2009 earnings forecast in the range of $3.60 to $4.00 per share, including anticipated restructuring costs. The company expects organic revenue will be in a range of up one to down ...

USA & Thailand. Royal Navy selects 3Com solution for network - 3Com Corporation (Nasdaq: COMS) has announced that the Royal Thai Navy (RTN) selected 3Com to upgrade its administrative LAN. The investment, which is approximately $1 million, extends RTN’s relationship with 3Com as its preferred networking vendor. The new state-of-the-art ...

UK. Three fishermen and boat towed back to Blythe after Mayday - A fishing vessel, which broadcast a mayday message this morning when it started taking on water, is now being towed back into Blythe, where it will be met by a Maritime and Coastguard Agency surveyor. The skipper of the ...

U.S. Coast Guard rescues ice fisherman -   U.S. Coast Guard Station St. Clair Shores rescued a 66-year-old male ice fisherman who fell off of a dock into waste-deep water one-half mile from the station near Miller Marina, Tuesday, at approximately 5:45 p.m. "He was cold and wet, ...

Australia. New ET book is guide to good fishing -   Former NRL star, media personality and executive producer of the popular Escape with ET television show, Andrew ‘ET’ Ettingshausen has released a new book just in time for Christmas. ET’s Guide’s Guide to Fishing reveals the secrets of ...

UK. Castrol Offshore develops solutions for North Sea rig environmental constraints -   A new performance standard for critical offshore operations will help North Sea oil and gas drilling operators comply with tough new environmental requirements, Castrol Offshore said today. Under rules set by the North-East Atlantic regulator, OSPAR, the range of ...

USA. Thrane & Thrane leverages iDirect platform to maritime VSAT service -   VT iDirect, Inc. (iDirect), a company of VT Systems Inc (VT Systems), has announced that Thrane & Thrane A/S has implemented the iDirect satellite communications platform to support its customers' growing need for high-speed connectivity at sea. Thrane ...

USA & Bermuda. General Maritime and Arlington Tankers Shareholders approve combination -   General Maritime Corporation (General Maritime) (NYSE:GMR) and Arlington Tankers Ltd. (Arlington) (NYSE:ATB) have jointly announced that each company's shareholders have approved the proposed combination of General Maritime and Arlington. Peter Georgiopoulos, Chairman, President and Chief Executive Officer of ...

Denmark. Nordic Tankers receives demand for extraordinary general meeting - From the shareholders Mogens Bushard and Hasse Larsen, who jointly represent more than 10% of the share capital, Nordic Tankers A/S has received a demand for summon of an extraordinary general meeting. The purpose of the extraordinary general meeting is ...

Iceland. Eimskip loan guarantees for XL booked -  In September 2008, Eimskip announced that guarantees amounting to approximately EUR 207m  would be called due to the bankruptcy of XL Leisure in the UK. Some uncertainty has surrounded the claim after Samson eignarhaldsfélag ehf. was declared bankrupt. As a ...