Global Marine Takes Majority Stake in CWind
![File photo: CTruk](https://images.marinelink.com/images/maritime/w100h1500/file-photo-ctruk-54948.jpg)
Global Marine Systems Limited has acquired a majority interest in offshore renewables specialist CWind Limited. According to Global Marine, the purchase demonstrates its commitment to the offshore renewable sector and adds a diverse range of construction and O&M services to its current capabilities. CWind has to date supported the construction and operation of more than 26 wind farms in the North Sea, Irish Sea and the Baltic delivering a broad range of construction and O&M services.
Italian Yacht Maker Ferretti Creates Defence and Security Unit
Italian luxury yacht builder Ferretti, owned by Chinese industrial conglomerate Weichai Group, has created a new unit to build boats for the patrol and defence of international waters…
IMO Head to Address Interferry Conference
![Kitack Lim (Photo: IMO)](https://images.marinelink.com/images/maritime/w100h1500/kitack-lim-photo-imo-54943.jpg)
Korea’s Kitack Lim, whose term as IMO secretary-general began January 1, will address the opening conference session on October 17, following an invitation inspired by 10 years of IMO and Interferry cooperation to improve domestic ferry safety in developing nations. The campaign has recently focused on Southeast Asia, where an estimated 10,000 have died in domestic ferry incidents since the year 2000.
More Strikes Planned at Greek Ports
A new 24-hour general strike in Greece is planned for February 4, by both public and private sector unions, while the Seamen’s Union is scheduling another 48-hour strike on the same date…
Oil Tanker Allision near New Orleans
The U.S. Coast Guard is responding to an oil tanker vessel allision on the Mississippi River near New Orleans. The incident involved one vessel, Cyprus-flagged tanker Nordbay…
LNG Shipping Rates to Remain Under Pressure in 2016
LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according…
Weather Impacted Australia Iron Ore China Liftings
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…
Sea Hawk Debuts VMG Hard & Fast Racing Finish
Sea Hawk today announced the introduction of VMG Hard & Fast Racing Finish, a revolutionary new bottom coating geared specifically for fresh water sail boaters…
Woman Medevaced from Cruise Ship East of Cape Hatteras, NC
The Coast Guard medevaced a 61-year-old woman Monday from a cruise ship 230 miles east of Cape Hatteras. Fifth Coast Guard District watchstanders received a report at 1 p.m.
Management Appointments at Modern Terminals
Modern Terminals Limited (MTL), Hong Kong’s longest established container terminal operator, today announced the appointment of Mr. Keith Saunders as its new Managing Director – Hong Kong…
Europe-Africa Sailors of the Year
Commander, U.S. Naval Forces Europe-Africa, Adm. Mark Ferguson announced the 2015 CNE-CNA Shore Sailor, Sea Sailor and Junior Sailor of the Year in a ceremony held at Naval Support Activity…
Aker Solutions Wins MMO Contract in UK
Aker Solutions won a framework agreement to provide engineering and construction services for several offshore oil and gas fields in the UK North Sea. The contract…
Large Yacht Code for Super Yachts - AMSA
From March 1, the Australian Maritime Safety Authority (AMSA) will adopt the Large Yacht Code for super yachts and training vessels of 24 metres or more in length…
Simonetti Appointed VP, Contship Italia Group
Effective 1 February 2016, Marco Simonetti assumes the position of Vice President for Developments and Reorganization at Contship Italia Group. The internal re-organization…
Zim Rejigs Organizational Structure
Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing its organizational structure. The change is based on…
BP Pulls Plug on Oceaneering Vessel Contract
UK giant BP will end a contract off Angola with Oceaneering International about eight months early. Oceaneering International has announced that BP has exercised…
Another Brutal Year for Korean Shipyards?
2016 could be a brutal year for Korean Shipyards. Yonhap reports that the country's shipbuilders failed to clinch any new orders in January, underscoring the protracted…
Cosco Bags Contract for Trailing Suction Hopper Dredger
COSCO (Guangdong) Shipyard Co., Ltd, has secured a contract from a European buyer to build one 15, 000m 3 Trailing Suction Hopper Dredger. The Singapore-listed…
Maersk Line Shifts Asia HQ from Singapore to Hong Kong
As part of the organisational changes announced last year, Maersk Line has shifted its Asia head office to Hong Kong from Singapore, reducing the number of regional offices to seven from eight.
Subsea 7 to Exit Singapore for Kuala Lumpur
Rising costs of doing business in Singapore has forced Subsea7 to switch its regional headquarters from the city to Kuala Lumpur (KL), says a report in Business Times.