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…
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 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…
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…
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…
Carl Fredrik Grosland has joined Nordic American Tankers as Vice President, working on analyses, projects and business development. Reporting to Chairman & CEO Herbjørn Hansson in a staff position, he will also work closely with others both in NAT and NAO (Nordic American Offshore Ltd…
On 1st August, 2016, the European Commission adopted a decision granting recognition to the Indian Register of Shipping (IRS) in accordance with Regulation (EC) No. 391/2009 of the European Parliament.The Deputy Director General MOVE, Mr…
For the third consecutive year, Matson, Inc. (NYSE: MATX) subsidiary Matson Navigation Company, a leading U.S. carrier in the Pacific, has been rated by shipping customers as the top ocean carrier in the world.The Number One ranking was…
Mammoet Wind, the turnkey solution provider for the wind energy industry, has successfully transported the world’s longest wind turbine blade from LM Wind Power’s pilot plant in Lunderskov to the Blaest Test Center in Aalborg. Being the longest blade in the world…
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has named Jim McIngvale director of communications and public affairs. Ingalls has combined its communications department and its government and community affairs department…
Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division has promoted Jennifer Dunn to vice president, communications, effective immediately. She will report directly to HII Executive Vice President and Newport News Shipbuilding…
The voyage data recorder (VDR) from El Faro, a U.S. flagged cargo ship that sank during Hurricane Joaquin in October 2015, has been recovered from the ocean floor late Monday evening, the U.S. National Transportation Board (NTSB) said. The…
ECDIS ACAT (Annual Competency Assurance Training): the Inspectors training in ECDIS has without doubt increased safety at sea as it highlights that not all is well, regardless of certificates held. Few are aware that the world is halfway through an international project to train around 1…
UK P&I Club Risk Assessor David Nichol discusses the process of identifying and marking snap-back zones and highlights the precautions that should be taken on board ships. “In recent years it became common practice to mark snap-back zones on ships’ decks in the vicinity of mooring machinery…
INTTRA, the world's ocean shipping electronic marketplace, has announced a 17 percent increase in container volume for the first half of 2016 over the same period in 2015 as the number of container orders on its core transaction platform grew to record levels…