Seaspan Appoints Three
Seaspan has named three new Vice Presidents to its Senior Leadership Team, announcing the appointments of Linda Wortman as Vice President, Finance & Accounting; Catherine Chick as Vice Presidentā¦
Germany Hardsell Submarine Deal With Australia
The German company competing for Australia's $50 billion submarine contract is ramping up its pitches and lobbying became more intense. Germany is positioning itselfā¦
Italian Navy Opts for Rolls-Royce Gas Turbine
Rolls-Royce signed a contract with Fincantieri to provide MT30 gas turbines to power the Italian Navyās new multi-purpose amphibious vessel. The Derby-based companyā¦
Boeing Unveils Robotic Submarine
Boeing Co. has unveiled at its Huntington Beach facility an autonomous, unmanned undersea vehicle that can be used for intelligence, surveillance and reconnaissance missions.
HMS Artful Submarine to be Officially Commissioned
The Royal Navy's latest submarine, HMS Artful, will be officially commissioned at a ceremony today. It will take place at Faslane naval base on the Clyde, with representativesā¦
Yamal LNG Bags Contract for 96% output
The Yamal LNG project has signed contracts for the sale of 96% of liquefied natural gas (LNG) it produces, Tass news agency reported, citing Evgeny Kot, head of Yamal LNG.
Moody's Lowers 2016 Outlook on Global Shipping
Moody's Investors Service has changed its outlook on the global shipping sector to negative as it expects supply growth to outpace demand growth in 2016 by more than 2 percentā¦
Cyprus President Vows to āSafeguard Shippingā
Cypriot president Nicos Anastasiades has expressed his governmentās determination to protect and further develop the shipping sector as per report in Financial Mirror.
World Court to Draw up Nicaragua-Colombia Maritime Boundary
The International Court of Justice on Thursday said it would consider a claim by Nicaragua to expand its maritime boundaries in a mineral-rich part of the Caribbean Sea toward Colombiaā¦
Flood Risk to Persist in Mississippi River Basin
Heavy winter rains have left the Missouri and Mississippi River basins, from Iowa to Louisiana, at an elevated risk of moderate flooding through June, U.S. government forecasters said on Thursday.
Transocean Defeats Shareholder Appeal over Gulf Spill
Transocean Ltd on Thursday won the dismissal of an appeal by shareholders accusing the owner of the doomed Deepwater Horizon drilling rig of deceiving them aboutā¦
Panama Canal Workers Receiving Lock Ops Training
The Panama Canal Authority (ACP) announced that it is training over one thousand workers on the operations of the new locks of the Panama Canal Expansion. Once these first training phase is completedā¦
Argentina Awards 15-Cargo LNG Tender
Argentina has awarded a tender to buy 15 liquefied natural gas (LNG) cargoes for delivery April through May, picking suppliers which include Trafigura, Statoil, BP and Gazpromā¦
Port of Long Beach to See 5% Cargo Growth in 2016
The Port of Long Beach, the second largest port in the United States, will see 5 percent growth in cargo volume this year as a weak U.S. dollar spurs consumer demandā¦
World Court Allows Nicaragua-Colombia Maritime Mineral Rights Case
The International Court of Justice ruled on Thursday that it had jurisdiction over a maritime dispute between Colombia and Nicaragua concerning the legal boundariesā¦
DNV GLās Debuts New Survey Reporting System
Classification society DNV GL introduced a new form of reporting that it claims revolutionizes survey reporting for fleet managers. The newly structured report defines safety barriers and trends, using DNV GL's experience with barrier management in the offshore oil and gas industry. In collaboration with a major cruise line, DNV GL implemented the new barrier management reporting program. Survey data from 23 cruise ships was included in the pilot program.
Oil Price Rise: Perhaps Wrong, Not Irrational
The oil futures curve is flattening as a wave of bullishness washing across the market raises the price of near-dated contracts faster than that of contracts for deferred delivery.
Green Shipping: Wessels Reederei Takes the Lead
International trade relies on transportation by sea, as about 85 percent of the freight volumes are shipped globally by vessels. But while maritime is widely regarded as the most environmentally benign of any transport system, maritime transport can cause a diverse environmental burden: It includes, beside the potential for damages and leaks, the inflow of waste water and, in particular, the emissions of air pollutants.
Iran Shipping Lines resumes N Europe Service
With the call by the AZARGOUN in Hamburg on 17 March 2016, IRISL ā Islamic Republic of Iran Shipping Lines ā is reopening its regular liner service āEuropean Containerā¦
USCG-approved Tests of Alfa Laval PureBallast on Track
Following the United States Coast Guard (USCG) decision not to accept the most probable number (MPN) method in assessing ballast water treatment systems, tests of Alfa Laval PureBallast are underway using the USCGA-approved 5 chloromethylfluorescein diacetate (CMFDA) staining method. With completion expected during Q2 of 2016, the tests will enable a new USCG type approval application after receiving the results.
