Imtech Management Quits as Turnaround Stalls
CEO, CFO to step down, new CEO from inside company. The CEO and finance chief of Dutch builder Imtech have resigned from the company, as a drop in sales and weaker…
Subsea 7 to Slash Workforce, Cull Fleet
Oil services firm Subsea 7 plans to cuts its workforce by close to 20 percent and reduce its fleet of 39 by up to 11 vessels as global oil and gas firms continue…
Boskalis Orderbook Down, Outlook Unchanged
Dutch dredging and marine services company Boskalis said on Tuesday revenue was virtually unchanged in the first quarter and that its orderbook had slipped slightly from the end of 2014.
Statoil Appoints CFO, 3 EVPs and Rejigs Top Deck
Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed…
Vandalism to Lights & Bouys Endangers Mariners in Pacific Northwest
The Coast Guard is asking for the public's help to put a stop to the vandalism of aids to navigation throughout the Pacific Northwest. Several navigational lights…
AMSA Upgrading Cape Byron Lighthouse
The Australian Maritime Safety Authority (AMSA) is currently undertaking renovation and upgrade works at the Cape Byron Lighthouse in New South Wales. The first…
BP Selects Technip for Thunder Horse
Technip was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new…
SECNAV, CNO Celebrate Centennial Anniversary
Secretary of the Navy Ray Mabus, Chief of Naval Operations (CNO) Adm. Johnathan Greenert, along with prior CNO's, service members and civilians gathered at the Navy…
‘Old Ironsides’ to Undergo 3-year Restoration
USS Constitution, ‘Old Ironsides’, will enter dry dock May 18 for a nearly three year restoration with most of the work being done below the waterline and the bow area.
NOIA Welcomes BOEM Shell's Plan Conditional Approval
The BOEM's (Bureau of Ocean Energy Management) decision to conditionally allow Shell to proceed with the carefully planned and coordinated drilling effort in Alaska is good news.
TSB to Investigate : MOL Precision Strikes Berth
Richmond, British Columbia, 11 May 2015 — The Transportation Safety Board of Canada (TSB) is deploying a team of investigators to Port Metro Vancouver, in British Columbia…
Scorpio Tankers Orders 4 LR2 Tankers
Scorpio Tankers Inc. informs it has entered agreements to purchase four LR2 product tankers. The company has also recently taken delivery of three newbuilding vessels.
Mitsui Charters Eight LNG Newbuild
Mitsui & Co. has signed a 25-year time charter deal with Trinity LNG Transport for the eight liquefied natural gas (LNG) carrier that will ship the liquefied natural…
CMA CGM in Cuba Deal
CMA CGM Group will work with Cuban company Almacenes Universales SA to run a logistics complex serving the Port of Mariel, giving a boost to the island’s effort to make itself a transshipment hub.
DryShips Loss $59.2mln in Q1
The Athens, Greece-based DryShips Inc. (DRYS) has reported a loss of $59.2 million in its first quarter. DryShips is an owner of dry bulk carriers and tankers that operate worldwide.
Say No to Maritime Silk Road China: Indonesian leader
Sultan of the Yogyakarta Sultanate in Indonesia Sri Sultan Hamengkubuwono X asked President Joko Widodo to reject the Chinese government bid to link the World Maritime…
EU Asks UN for Help with Mediterranean Migrant Crisis
The European Union seeks U.N. authorization to deploy military force in the Mediterranean to stop migrant smugglers. EU foreign policy Chief Federica Mogherini has…
Ballast Water Management - A Major Dilemma
The shipping industry, despite those who might suggest otherwise, has a very respectable record of environmental improvement stretching back very many years. It…
AAL and Peter Döhle Team Up
A Singapore-based breakbulk, project cargo and heavy lift carrier AAL (formerly Austral Asia Line) and German multipurpose shipping operator Peter Döhle have announced…
Havila Extends Niche Deal with Maersk
Havila Shipping ASA has seen Maersk Oil & Gas (MOG) extend an option for a vessel, allowing the company to avoid the weak North Sea spot market for 12 more months.
