BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Two of the agreements cover time charter parties; one provides for a change of charterer and the other a change of owner…
A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy. The workshop is aimed at highlighting the promotion…
Evergreen Group vice chairman Bronson Hsieh has been appointed chairman of rival Taiwan carrier Yang Ming Marine. Yang Ming Marine Transport, the nation’s second-largest container shipper in terms of fleet size, approved Hsieh’s appointment…
As the global shipping industry facing tough weather, the $5.25 billion expansion of the Panama canal is set to open Sunday (June 26), reports AP.The deeper, wider channel is designed to accommodate the world’s growing fleet of mega cargo…
The Turkish defense firm Defense Technologies and Engineering (STM) won the tender to modernize Pakistan's submarines against its French competitor DCNS, reports Daily Sabah.STM and Pakistan’s Ministry of Defence Production (MoDP) have concluded…
Turkish Navy’s third Milgem class corvette, the F-513 TCG Burgazada, created as part of the MILGEM project, was launched with a ceremony attended by Turkish President Recep Tayyip Erdoğan and Prime Minister Binali Yıldırım. TCG Burgazada…
Judges describe world’s first renewable energy-powered vessel technology as “unlike anything else and…truly innovative” Norsepower Oy Ltd., the developer of the world’s first renewable energy-powered vessel technology, has received the ‘Innovation…
The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016. Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc. He first joined Alexander & Baldwin in 1992, and from January 2010 until his retirement in December 2015…
Flirtey, a Johns Hopkins University School of Medicine doctor and the Field Innovation Team showcase humanitarian potential of drones for the United Nations and American Red Cross. Drone delivery service Flirtey and Dr. Timothy Amukele…
At the WODCON 2016 held last week in Miami, Damen was awarded the “Best Paper Award” for a paper on efficient dredge pump design, written and presented by Klaas Slager. The WODCON is the annual conference of the Wester Dredging Association…
Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive. Maersk shares rose more than 10 percent…
The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbia’s marine industrial sector. The commitment totals $2.9 million and includes a three-year…
Recently appointed Managing Director of Braemar Engineering, Sheila McClain, has unveiled the company’s new management team that will spearhead the future strategic direction of the marine engineering and liquefied natural Gas (LNG) expert technical advisory consultancy…
A seafarers’ charity in Mauritius has been providing pastoral support to the crew of a bulk carrier which ran aground off the country’s southern coast. Apostleship of the Sea (AoS) Port Louis chaplain Fr. Jacques-Henri David has been visiting…
Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007.Soren…