DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement regarding operational performance in the first quarter of 2016. “DP World Limited handled 15…
According to the NGO Shipbreaking Platform 239 end-of-life ships were sold for breaking in the first quarter of 2016. Seventy-nine per cent of end-of-life ships ended up on South Asian beaches, making this quarter one of the worst ones in the last years for non-beaching yards around the world…
Dassault Systèmes Congratulated DCNS and Australian Government on the historic naval Defense Collaboration France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines…
Ship owners and operators can now compare fuel cost savings reaped by hull cleaning with GAC EnvironHull’s online fuel savings calculator.A foul-free hull offers the benefits of significantly enhanced fuel efficiency and lower operating costs by reducing resistance in the water…
Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind? To the surprise of many it was announced last Wednesday that four carriers – CMA CGM, COSCO Container Lines, Evergreen…
Worldwide shipping group CMA CGM announced that it is the main partner of the Monumenta 2016 art exhibition in Paris. CMA CGM has decided to be at the heart of the creation of the masterpiece, by providing its containerships, containers and its technical and logistical expertise…
Cosco Pacific Ltd.'s first-quarter ended 31 March 2016 net profit rose 31.4% from a year earlier on the back of a one-off gain. Turnover sank 2.27% yearly to US$129 million. On yearly basis, its net profit shot up 105 per cent to US$702…
Cosco Pacific Ltd. has appointed Zhang Wei as vice chairman and managing director, replacing Qiu Jinguang who has stepped down from the positions with immediate effect, reports Dow Jones. 'Qiu Jinguang has resigned as an Executive Director…
Worldwide, International Maritime Bureau (IMB) recorded 37 piracy and armed robbery incidents in the first quarter of 2016, down from 54 in the same period last year. Three vessels were hijacked and 29 boarded, with 26 crew kidnapped for ransom and a further 28 held hostage…
Leading marine coatings manufacturer, Hempel, announces - after only two and a half years on the market - its award winning innovative fouling defence product Hempaguard has now been applied as a full vessel coating to 500 ships. This milestone was reached yesterday with the coating of a 61…
Global oil and gas, marine, construction, mining and power industries staffing company Worldwide Recruitment Solutions (WRS) Ltd have moved into larger premises in Singapore to support their growing APAC team. The WRS Singapore office launched…
Universal Technical Institute, a provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, is launching the first Mercury Marine technician career…
The investigative team who located the El Faro’s voyage data recorder (VDR) has determined that another mission will be necessary in order to retrieve the device, which may contain recorded conversations and sounds from the ship’s navigation bridge…
Dr. Phaneendra Kondapi has joined the College of Engineering at Texas A&M University as the director for subsea engineering. Kondapi brings to the position more than 20 years of experience in the industry with FMC Technologies and KBR, where…
The Port of New Orleans’ board of commissioners announced today that port president and chief executive officer Gary LaGrange will retire at the end of his current contract in April 2017.The board is expected to name the port’s current chief operating officer…