DNV GL, RS Ink Cooperation Deal
DNV GL’s Maritime CEO Knut Ørbeck-Nilssen recently met with Konstantin Palnikov, Director General of the Russian Maritime Register of Shipping (RS), at the RS head office in St.
Balasus-Lange to Head DEA Deutsche Erdoel Division
Effective as of 1 February, Uwe Balasus-Lange (49) took over the function as Head of the newly created division Germany/Denmark of DEA Deutsche Erdoel AG. He was…
Kalmar to Deliver Straddle Carriers for Maher's NJ Terminal
Kalmar has received a large order for 27 straddle carriers from its long-term customer Maher Terminals LLC in Elizabeth, NJ. The order has been booked into Cargotec's…
Maritime India Summit Road Show Kick Starts
Kolkata, 3rd Feb, 2016: Industry leaders, corporate heads, policy makers and senior executives took part in the very first road show which served as a run up to the Maritime India Summit’16.
Iqarus Acquires C-CHEC at Subsea Expo
Offshore and onshore health and medical solutions company Iqarus is set to acquire occupational hygiene consultancy C-CHEC to deliver a new integrated offering to global industries.
Dramatic Turnaround for Hanjin Shipping in 2015
The Korean shipping giant Hanjin Shipping improved its financial result in 2015 and came back to profit trajectory. It reported a $6m net profit in 2015 from a…
New China Cosco Shipping Commencing Ops
China's Ministry of Commerce has approved the merger of China Ocean Shipping (Group) and China Shipping (Group) so that the combined company can begin full operations.
A2SEA Jack-Up Capsizes Off Denmark
A2SEA has announced that wind turbine installation vessel has capsized off the Danish coast due to harsh weather on Wednesday. It has gone from bad to worse for A2SEA-vessel Sea Worker.
GEODIS joins Maersk Line’s Carbon Pact challenge
Global Forwarder GEODIS and Maersk Line deliver their share and partner on a 5-year strategic commitment to reduce their environmental footprint. This agreement…
Sovcomflot IPO Expected in Q3 2016
The Russia's top shipping company Sovcomflot initial public offering (IPO) is expected in Q3 2016, part from the privatization program by the government. An IPO…
June Deadline for Panama Canal Expansion
The Panama Canal expansion project is now expected to be finished “mid of 2016” says a report in Reuters quoting the waterway's administrator. "The new set of larger…
Royal Caribbean Posts 4Q Profit
Royal Caribbean Cruises Ltd reported 2015 results and provided guidance for 2016. Continuing on its Double-Double trajectory, the company’s adjusted earnings for…
Saam Smit Towage Kissing Around Vancouver Harbour
Saam Smit Towage Canada will support the Heart and Stroke Foundation during the month of February by donating a portion of its revenue from each vessel it assists in British Columbia. The company also plans to have various internal employee participation fundraising initiatives. Saam Smit Towage (SST), a joint venture between SAAM and Royal Boskalis, and operating in various locations in the Americas, announced its support to the Heart and Stroke Foundation during the month of February.
Australia Iron Ore Shipments to China Dip as Weather Shuts Port
Shipments of iron ore to China from Port Hedland, Australia, which handles a fifth of the world's seaborne trade, fell 17.6 percent in January from the previous month after a tropical cyclone closed the port temporarily, port data showed. Tropical Cyclone Stan made landfall as a Category 2 storm early Sunday about 120 km (75 miles) northeast of Port Hedland. The storm closed the port for 48.8 hours, Pilbara Ports Authority, which operates the facility, said in a statement on Wednesday.
Pentagon Chief Unveils Plans to Buy More High-end Ships
U.S. Defense Secretary Ash Carter on Wednesday mapped out plans for the U.S. Navy to buy more high-end submarines, destroyers, fighter jets and unmanned underwater vehicles using $8 billion in savings generated by scaling back orders for smaller Littoral Combat Ships. Carter said the Pentagon's five-year budget plan also included $2.9 billion to modify Raytheon Co's SM-6 missiles for use as powerful anti-ship weapons, and buy 625 more of the weapons, which are now used for missile defense.
Map Shows Kidnap & Piracy Threats
Global risk and crisis management consultancy NYA International today releases its 2016 Kidnap and Piracy Map, accompanied by the Global Kidnap Review, a special report examining kidnap for ransom over 2015 and identifying themes for 2016. Together, the map and report provide a guide on the threats to people and operations worldwide. Intensified civil conflicts in Africa, entrenched criminality in…
Drones Allow Surveys Without Scaffolds
DNV GL has completed several tests using drones to support hull surveys of vessels. Using drones to visually check the condition of remote structural components has the potential to significantly reduce survey times and staging costs, while at the same time improving safety for the surveyors. The tests used a camera-equipped drone to visually evaluate structural components through video streamed to a tablet.
US-flag Great Lakes Cargos Down in January
U.S.-flag Great Lakes freighters carried 2.3 million tons of dry-bulk cargo on the Great Lakes in January, a decrease of 23 percent compared to a year ago, according to figures compiled by the Lake Carriers’ Association (LCA). Iron ore cargos decreased 20 percent, while coal loadings tumbled 68 percent. Shipments of limestone, however, rose nearly 75 percent. As February begins, most lakers are in lay-up and undergoing maintenance and modernization…
GPA Executive Director to Step Down
Georgia Ports Authority (GPA) executive director Curtis J. Foltz will step down at the end of the fiscal year, June 30, the port authority’s board of directors announced today. The board unanimously accepted the nominating committee's recommendation to appoint the current chief operating officer, Griff Lynch, to succeed Foltz, who will provide consulting services to the GPA for one year after his departure.
Nick Sloane Joins Resolve Marine Group
Senior Salvage Master Nick Sloane has joined the senior management team at Resolve Marine Group., aiming to help guide the global growth of the marine services company. The news comes just months after Resolve opened its operations in Gibraltar, expanding its emergency response capabilities to Europe, the Middle East and Africa. “Nick is a force in the industry and now that Resolve has a worldwide footprint, he is a natural fit,” said Joe Farrell, President and CEO of Resolve Marine Group.
