Bibby Offshore, a subsea services provider to the oil and gas industry, says it has secured a 15-day project with BP, due to commence in August 2016. The contract will see diving support vessel Bibby Topaz, working on four BP operations across three of its North Sea assets…
• A.P. Moller – Maersk A/S (Maersk) recently announced its undertaking of a strategic and structural review of its business set-up. • We understand that the disposal of one or several of Maersk's main business units could form part of the review's outcome…
The Port of Hueneme announced that it will receive more than $307,500 in funds from the U.S. Department of Homeland Security (DHS) through the Fiscal Year 2016 Port Security Grant Program (PSGP). The funds will provide multi-functional applications…
India's biggest shipping company Shipping Corporation of India (SCI) will resume sailing to Iran this month after a hiatus of about four years, reports Reuters. The company says it will accordingly use one of its Suezmax-sized tankers to…
Daewoo Shipbuilding & Marine Engineering (DSME) is being rocked by estimated trillions of won (billions of U.S. dollars) of accounting fraud amid the ongoing restructuring process for Daewoo as well as other two shipbuilders, says a report in Xinhua…
International Maritime Organization (IMO)'s work to enhance fishing vessel safety received a boost today when Germany became the sixth State to accede to the 2012 Cape Town Agreement. The Agreement involves a basic set of safety measures for larger high seas fishing vessels…
Maersk Line is launching a new ‘South Pacific Express’ service between Oceania and the West Coast of South America. 'We are pleased to launch our new weekly ‘South Pacific Express’ service between Oceania and the West Coast of South America…
New AP Moller-Maersk chief executive Soren Skou is aiming for revenue growth according to an interview with the Financial Times. He reveals the task ahead after succeeding Nils Andersen. Danish conglomerate boss said that the group was…
The Netherlands’ Minister of Economic Affairs has awarded DONG Energy the concession to build The Netherlands’ offshore wind farms Borssele 1 and 2. DONG Energy won the concessions with an average bid strike price, excluding transmission costs of 72…
ROME, July 5 (Reuters) - Some 4,500 migrants were rescued from rubber dinghies and a wooden boat in the Mediterranean on Tuesday, Italy's coast guard said, as the sea calmed after a rough weekend. More than 67,000 migrants have arrived in Italy by sea so far this year…
The global economic outlook is uncertain; this uncertainty is leading to depressed investment worldwide, particularly in energy and mining activity. The international ports and terminals sector forms an important part of the infrastructure supporting these activities…
Jan-Bart Verkuyl has been appointed the new CEO of Feadship’s Royal Van Lent yard, where he will have overall responsibility for the day to day operations of the current operation in Kaag, its subsidiaries and the second new yard in Amsterdam when it opens in 2018…
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to the latest Container…
Maritime recruitment specialist Halcyon Recruitment has announced the appointment of Danni Devine as its new Operations Director. The move is part of Halcyon’s continuing growth in the UK and Singapore.Devine is a senior management…
GAC Training & Service Solutions (GTSS) has won Ireland’s Marine Industry Awards’ accolade for excellence in the provision of professional services to the maritime industry. The award was presented by Liam Lacey, Director of the Irish Maritime Development Office…