Azerbaijan criticised Standard & Poor's for resorting to what it said were 'double standards' after the agency revised the country's sovereign credit outlook downward to negative on Friday.S&P said Azerbaijan's fiscal and external balances would be hurt by the substantial drop in oil prices…
At the British International Freight Association (BIFA) Annual Awards Lunch in London last week, the global freight insurance specialist, TT Club was itself presented with an honorary award in recognition of the Club’s twenty-five year support of the event…
The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers.Due to its importance to international trade, the size of the Panama Canal has long been a design constraint when it comes to shipping vessels…
An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the 2012 disaster that killed 32 people.Francesco Schettino was the commander of the vessel…
Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India and the United States that promise to open a new chapter in our defense relationship and mark an important milestone in the U…
With just a week of bargaining left until the national contract for U.S. refinery workers expires, the United Steelworkers union (USW) said talks with oil company representatives for a new pact were going slow, according to a Twitter message sent to members…
Eleven individuals and organizations have been named as winners of the 2014 Walter B. Jones Memorial Awards for Excellence in Coastal Ocean Resource Management, an award given by NOAA’sOffice for Coastal Management for exemplary leadership…
Following a board meeting on January 15, the Shipowners’ P&I Club has announced the appointment of Simon Swallow as chief executive, in succession to Charles Hume, with effect from March 9.Chairman, Philip Orme, said, “Simon is very well known in the market…
Fidelis Group launches ocean cargo division; Doug Fischer and Crystal Prout named managing directorsFidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. announced the formation of its new ocean cargo division…
A Founding Father of Signal Passes Away (December 12, 1940 – January 1, 2015). It is with great sadness that the Managers of Signal Mutual Indemnity Association Ltd. must report the unexpected passing of John Chamberlain at the age of 74…
Two people drowned and four were missing at sea and feared dead after two merchant ships collided in rough seas off the Italian coast on Sunday, Italian officials said.A Turkish ship with 11 crew members sank after the collision with a vessel…
General Dynamics Canada is proud to announce a contribution of half a million dollars over three years to support the work of the Canadian Institute for Military and Veteran Health Research (CIMVHR). The contribution will fuel research into understanding…
P&I Insurance Seminar for Owners and Charterers held in MumbaiDGS Marine, a global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I Facility, has advised Indian shipowners to consider the benefits of fixed premium P&I cover…
The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG)…
Senator David Johnston, the Australian Minister of Defence announced about the government's was committed to creating a sustainable naval shipbuilding industry. He informed that the Government would be investing in a safe and secure Australia…