Latest News - page 1270


U.S. Forecaster: La Nina Developing August-October

Aug 11, 2016

A U.S. government weather forecaster on Thursday reduced its outlook that La Nina conditions would develop in next few months but said it still expected the weather phenomenon to occur this fall or winter.  The National Weather Service's…

USCG Saves 4 Off Cape Cod

Aug 11, 2016

The Coast Guard rescues four people stranded on Monamesset Island Wednesday after their 23-foot center console ran aground.At about 10:40 a.m., an employee from a commercial towing company called Coast Guard Sector Southeastern New England…

WFW Advises on Cruise Ship "Seven Seas Explorer" Delivery

Aug 11, 2016

International law firm Watson Farley & Williams (“WFW”) advised Crédit Agricole Corporate and Investment Bank (“CACIB”), SACE S.p.A. (“SACE”) and a syndicate of banks on the delivery of the cruise ship “Seven Seas Explorer” built by the Italian shipyard Fincantieri S…

Tanker Market Shows Mixed Trend -McQuilling

Aug 11, 2016

McQuilling Services’ 2016 Mid-Year Tanker Market Outlook Update examines the tanker shipping market from January, and forecasts the balance of 2016 through 2020 based on market conditions in the first half of the year. Findings from the report can be found below…

Geological Students to be tested in Arctic

Aug 11, 2016

Novosibirsk State university this year, together with the Russian Academy of Sciences will begin sending students of geological and geophysical faculty to practice in the Arctic. It provides matching grants, which had previously received NSU…

Trident Maritime Systems to Acquire Callenberg Technology Group

Aug 11, 2016

Wilhelmsen Maritime Services AS (WMS), a wholly owned subsidiary of Wilh. Wilhelmsen Holding ASA, said it has signed an agreement whereby technology subsidiary Callenberg Technology Group will be acquired by Trident Maritime Systems.'We have in Trident and their principal…

Kalmar Bags Crowley Order for Top Loaders, Reachstackers

Aug 11, 2016

Kalmar has received orders for seven top loaders from Crowley Liner Services for operation in Jacksonville and Port Everglades, Florida, and eight reachstackers from Crowley Puerto Rico Services for operation in San Juan, Puerto Rico. The orders…

Eagle Bulk Shipping Raises $88mln in Private Placement

Aug 11, 2016

Marshall Islands corporation headquartered in Stamford, Connecticut Eagle Bulk Shipping Inc has announced that it has closed its previously announced private placement of its common stock for aggregate gross proceeds of $88.0 million.   After…

Partners Enhance Logistics Education Program

Aug 10, 2016

Officials from the Port of Los Angeles, California State University Dominguez Hills (CSUDH) and Los Angeles Harbor College (LAHC) have signed a Memorandum of Understanding (MOU) to enhance global logistics curriculum, transfer opportunities…

Next Generation Workshops Set for Southampton

Aug 10, 2016

A unique program of three specialist events for the sub IMO / sub 24 meter professional sector is being held ‘back to back’ at the Grand Harbour in Southampton, U.K. this October. The fast moving workshop style program brings together an international…

Weak Oil Pushes SBM Offshore to Axe More Jobs

Aug 10, 2016

SBM Offshore's first-half results lagged analysts' expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company announced an additional 250 job cuts. It said it did not expect a full recovery in its business until 2018…

Cargill Posts Net Profit on Special Gains; Revenue Declines

Aug 10, 2016

Global commodity trader Cargill Inc on Wednesday said it turned in a quarterly net profit, boosted by special gains that offset poor results from trading and oilseed processing. Revenue for the privately held company declined for the eighth straight quarter…

SBM Offshore Nominates Wood as CFO

Aug 10, 2016

SBM Offshore has nominated D.H.M. Wood as a member of the management board and chief financial officer (CFO) to replace current CFO, P.M. van Rossum, who is set to retire. The company will hold an Extraordinary General Meeting (EGM) on November 30…

OP/Ed: Outsourcing Boosts Marine Staffing Efficiencies

Aug 10, 2016

Daniel Ward, Director of staffing services provider WRS’ Marine Division, specializes in providing both contract recruitment solutions and crew management services to clients and vessel operators globally. Ward explains how outsourcing crew…

TNA Appoints Williams as President & CEO

Aug 10, 2016

Effective August 6, 2016, Terma North America Inc. has appointed Steve Williams as President & CEO.  Since the beginning of 2014 until present, Williams has held the position of Regional Executive, Lockheed Martin International Business Development…

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