The Taiwanese carrier Wan Hai takes the plaudits with carriers' operating profit margins according to Alphaliner’s survey of the 16 main carriers that published full year financial results for 2015. The report shows that, Wan Hai is the most profitable container line…
Navig8 Chemical Tankers has signed sale and leaseback agreements with China's Bank of Communications Financial Leasing (BCFL) for a quartet of medium range tankers. The for four 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding Co…
Cosco Guangdong shipyard has delivered the 6th livestock carrier “Greyman Express” to Duch Vroon B.V. Company. “Greyman Express” matches the AMSA latest specification, equipped with a 4500 sq.m kkraal area and could ship 3000 adult cattles and the total length is 134…
Malaysia’s shipbuilding and ship repair services firm, TAS Offshore, has received yet another termination of a shipbuilding contract from the same client, this time for an offshore construction vessel (OCV). TAS Offshore’s wholly-owned subsidiary…
Perth-based Clough has been awarded an engineering services contract by LNG operator Woodside Energy. The contract covers the full spectrum of engineering services including concept and feasibility studies, front-end engineering and design (FEED)…
Low Arctic sea ice extent for March caps a highly unusual winter in the Arctic, says the US National Snow and Ice Data Centre (NSIDC). In March, Arctic sea ice extent fell to its second lowest extent since 1981 — as did the overall Arctic sea ice extent for 2106…
Huntington Ingalls Industries (HII) announced that its AMSEC LLC subsidiary has promoted Ryan Norris to director of strategic planning and business development. In this capacity, Norris will be responsible for leading and executing AMSEC’s strategic planning…
The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for enemy submarines, a major advance in robotic warfare at the core of America's strategy to counter Chinese and Russian naval investments.The 132-foot-long (40-metre-long) unarmed prototype…
Mass flow excavation company James Fisher Subsea Excavation has appointed Ankit Munjal as business development manager to concentrate on the Asia Pacific region as the company continues to grow its global footprint. Munjal joins the team at James Fisher Subsea Excavation…
Seaward Services, an HMS Global Maritime company, has hired Jerome Best to serve as Vice-President for Business Development and Capture at the corporate office in New Albany, Ind. Best most recently held a position as FMS Port Engineer with CDI Marine Company LLC…
Extensive maritime security training involving countries operating under the Djibouti Code of Conduct (DCoC) has taking place from March 20-April 7 in Jeddah, Saudi Arabia. Maritime law enforcement officials from 17 DCoC signatory States (the Comoros…
KOTUG International B.V. and Royal Boskalis Westminster N.V. have formalized a joint venture for the companies’ European harbor towage operations. The joint operations are transferred to a 50/50 joint venture, combining the European harbor…
The U.S. Navy has awarded Cape Henry Associates, along with five other companies, a curriculum analysis and planning services task order contract worth a projected $154 million over a six-year total ordering period. The contract will support…
Well management and performance improvement specialist Exceed has bolstered its decommissioning credentials through a strategic alliance with international oil and gas service company, Weatherford. The collaboration will offer an end-to-end solution for well decommissioning…
Cegal today announced the release of Blueback ODiSI - an innovative One Dimensional Stochastic Inversion method. Blueback ODiSI produces high-quality images of reservoir property estimates and associated uncertainties. According to Sara Grant…