Global Ocean Trade: Latest Shipbuilding Orders
Shipbuilding orders for drybulk carriers, tankships, containerships and a RoRo were placed in the past week according to 'Clarkson Hellas S&P Weekly Bulletin'. Cara Shipping…
Cal Dive Sells Off its GofM Surface Diving Fleet
Cal Dive International says it has sold its U.S. Gulf of Mexico shallow water surface diving fleet to a privately held company for cash of US$18.5-million and a…
BAE Systems Awarded USS Carney Repair Contract Modification
The US Department of Defense informs that a US$9,270,465 Navy contract modification has been awarded to BAE Systems Mayport, Jacksonville, Florida, for ship repairs…
GCT (USA) President & CEO James Devine Retires
Global Container Terminals (GCT) has announced the retirement of James J. Devine, President & CEO of GCT USA, at the end of June, 2014. Devine’s retirement brings…
USMMA Celebrates Completion of Mallory Pier
The United States Merchant Marine Academy (USMMA) at Kings Point informs it recently hosted a ribbon cutting ceremony to celebrate the completion of Mallory Pier.
Research on the Passing Effects on Ships (ROPES): Results
Bechtel says it announced the results of its research at the PIANC World Congress in San Francisco, confirming that in restricted waters, the wash from passing ships…
NYK Introduces Volunteer Point System
NYK has introduced a volunteer point system to encourage employees to participate in activities that contribute to society. As one of the activities to commemorate…
Fugro EMU Appoints Dr Rowe As Contractor Representative
Fugro EMU Laboratories announced the appointment of Dr Grant Rowe as the new Contractor representative for the NMBAQCS (National Marine Biological Analytical Quality Control Scheme).
Dryad Sees a Pattern in SE Asia Tankship Piracy
The latest report of a tanker hijack in Southeast Asia has prompted Dryad Maritime to issue an advisory to its shipping clients, on the basis that the crime follows a pattern…
Creditors Approve Restructuring Of Batista's Oleo E Gas - Update
Creditors of Brazilian tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan for the oil company that could lead to a quick resolution…
Express Global Logistics Moves Cement Mill From Mumbai To Spain
Express Global Logistics Pvt Ltd recently executed a cement mill project in Almonaster la real, Spain. It involved shipping and transportation of 2 nos x 57 ton…
The Navigator of Nautical Institute goes Greek
The Nautical Institute, in cooperation with HELMEPA, launched a Greek language version of its popular free magazine, The Navigator at Posidonia. In order to promote professionalism at sea…
Lloyds Bank Withdraws From Rosneft-BP Loan
Lloyds Bank, part-owned by the British government, has withdrawn from a $1.5-$2 billion trade finance deal involving oil major Rosneft, in a development highlighting…
Sulzer Sells Of Its Metco Division To Oerlikon
Sulzer has successfully completed the sale of its Metco division to Oerlikon. This sale was announced on January 31, 2014. The transaction is based on an enterprise value of CHF 1 billion.
Wärtsilä sells its JV shares to Transmashholding
Wärtsilä and Transmashholding have agreed that Wärtsilä will sell its 50 per cent share in the joint venture Wärtsilä TMH Diesel Engine Company LLC to Transmashholding, the other joint venture party.
Statoil's Ethics Helpline now open for all
Statoil’s Ethics Helpline has until now only been available to Statoil employees. Now the helpline will be opened up to all that wish to express a concern related to our Ethics Code of Conduct…
AWT, KVH Deliver Weather Service
Applied Weather Technology, Inc. (AWT), a StormGeo company, today announced a partnership with KVH Industries, Inc. to deliver AWT’s BVS high-resolution weather…
Connectivity Lifts Safety and Efficiency to the Next Level
Ship classification society risk and sustainability service provider DNV GL briefed the press today on the future of shipping at an event at the Posidonia exhibition in Greece.
MOLMC Gains NK Certification for Education & Training
Mitsui O.S.K. Lines, Ltd. (MOL) today announced that its group company MOL Marine Consulting, Ltd. (MOLMC) has acquired certification for its Bridge Resource Management…
Williams Gauges Shippers' Interest in Mississippi Natgas Storage
Williams Cos Inc's Transcontinental Gas Pipeline Co (Transco) unit on Tuesday announced an open season to gauge interest in natural gas firm storage capacity at…