The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East…
Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that could involve members of Congress and President Dilma Rousseff's government. Under Brazilian law…
WEC Group has funded a partnership deal to acquire the business and certain assets of metal manufacturing specialist MTL Group out of administration, saving 135 jobs.The Administrators of MTL Group Limited chose the deal offered by WEC Group as the best option…
The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance provider said it has found that 66% of its claims by number and 62% by value…
The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday.A total of 6,550 USW members are on strike at 15 plants…
Ireland’s largest bulk port company, Shannon Foynes Port Company (SFPC), announced yesterday the commissioning of the first ports infrastructure project since the turn of the millennium, with a €50million capital investment programme at Foynes…
OSX Brasil SA Chief Financial Officer Claudio Antônio da Silva Zuicker is stepping down, and Chief Executive Officer Vladimir Kundert Ranevsky will add the role of CFO, the troubled Brazilian shipbuilder said in a statement on Tuesday. OSX…
KPI Bridge Oil has promoted Jesper Sørensen to Sales Manager at its Singapore office.Sørensen has been with the company for 10 years, working at the group’s London and Singapore offices as senior bunker trader and team leader. Sørensen has…
Glander International Bunkering has appointed Benedict Barlow as bunker and lubricant trader for the Geneva office. Barlow began his career in offshore ship brokering and then specialized in the field of bunkering, bringing to his new position awareness of the North Sea…
International Transport Intermediaries Club (ITIC) has launched an e-learning seminar to help ship managers negotiate the pitfalls they may encounter when asked to sign letters of undertaking.ITIC said it is frequently asked to comment on…
The UK P&I Club announced its renewal results for 2015 following the closure of the renewal season on February 20, 2015, reporting a net increase of 1.2 million gross tons of mutual business taking mutual owned tonnage to 127 million gross tons…
Talks to end the largest U.S. refinery strike in 35 years are not expected to resume this week, sources familiar with the negotiations said on Monday after the number of plants hit by walkouts increased over the weekend.Face-to-face meetings…
Norwegian engineering firm Kvaerner will initiate further cost cuts after losing a key Statoil contract to rival Aibel, it said on Tuesday.'We take this as a signal to not only step up the cost reduction measures in Kvaerner but we will…
Equiom Group announced the expansion of its yachting and aviation teams with the recruitment of Ayuk Ntuiabane and Grant Atchison. Ayuk and Grant recently joined Equiom following its appointment as manager of the Moore Stephens Trust Company…
Joe McGladdery, a partner with the London law offices of Wikborg Rein & Co, says that, while falling oil prices have exerted pressure on the LNG charter markets, the new generation of low-speed, dual-fuel LNG carriers now in service and on order remain an attractive option for owners and operators…