IRClass (Indian Register of Shipping) has just completed the new construction survey of a high value, technologically sophisticated Buoy Tender cum multi-purpose vessel built by Cochin Shipyard Ltd (India) under single class.The new vessel MV Indira Point…
Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV. TBS will continue as manager of a series of dry bulk pools, while Heidmar will provide its pool expertise…
Australian Defence Minister Kevin Andrews has requested Japan to participate in procedures to become Australia's partner in a project to jointly develop next-generation submarines. Andrews made the request in a telephone conversation with…
Michel van Roozendaal (M.Sc. Aerospace Engineering; MBA INSEAD, Fontainebleau; b. 1963) has been appointed President of the MacGregor business area. He will be a member of Cargotec's Executive Board and report to President and CEO Mika Vehviläinen…
Brazil continues to be an important area for Danish shipping interests and, with the signing of a new agreement on cooperation with the Brazilian authority ANTAQ under the Brazilian Ministry of Transport, relations are being strengthened…
Curacao Ports Authority NV ('CPA') signed a Memorandum of Understanding with Nederex BV. (Nederex) and B.V. Damen Shipyards Gorinchem (Damen) on the 30th of April. Damen Shipyards and Nederex are engaged in ship repair and the provision of maritime services…
The Indian Ministry of Defence has directed future warship and submarine building orders be given only to domestic shipyards. The Navy has potential orders worth more than US $50 billion over the next 10 years for ship and submarine builds…
Offshore facility operators can now consider an alternative and more cost-effective means to transfer personnel to and from their facilities, which is safe, efficient and regulatory compliant.An industry guideline, which is issued today…
The chief of police for the port of Los Angeles was indicted on federal corruption charges involving a program to help citizens report criminal activity at the port, the U.S. Department of Justice said in a statement on Thursday.Ronald Boyd…
International Container Terminal Services, Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened…
A coalition of European shipping sector organisations, led by the European Community Association of Ship Brokers and Agents (ECASBA), has called on the European Parliament, Commission and Member States to honour the commitments to support…
Greek ship-owner Costamare and US-based hedge fund York Capital Management are considering extending the life of their investment joint venture that has already spent more than $1 billion on new and secondhand container ships. “Our joint…
The Company is pleased to announce the appointment of two new independent non-executive directors, Keith Lough and Peter Kallos, to the Board of Cairn Energy PLC.Keith Lough will be appointed immediately following the Company’s AGM on…
Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one of the largest heavy lift vessels in the world…
Golden Ocean Group Limited has entered into several agreements concerning its fleet.Golden Ocean has agreed with Ship Finance International Ltd ('Ship Finance') a sale leaseback transaction of eight Capesize vessels currently owned by Golden Ocean…