Shipping’s only legally binding climate measure is not stimulating the uptake of new technologies or driving efficiency improvements, according to a new independent study. Since 2013 newly-built ships subject to the International Maritime Organization’s…
Two global maritime security risk management providers Port2Port Maritime Security and Neptune Maritime Security announced they have agreed to merge. The combined group will provide significant scale and service advantages to the shipping and offshore industries…
Dry bulk sector revisits 1980s lows and faces uncertain longer term outlook; with the market near bottom, attention is turning toward the length of the downturn, the effect on asset values and the impact of broader demand side changes. In terms of annual average fleet employment rates…
The Shipbuilders Council of America (SCA) has announced a new partnership with the National Shipbuilding Research Program and the Occupational Safety and Health Administration (OSHA), a part of the Department of Labor (DOL), focused on continuing employee safety practices in U…
Mark Delaney has been appointed Managing Director of GAC India, following the retirement of Paul Haegeman who has held the position since September 2004. Delaney, now responsible for overseeing the continued growth of GAC’s shipping and logistics businesses in India…
Darrell Bryan, formerly president and CEO of Victoria Clipper, has started work as interim CEO of Interferry following the retirement of Len Roueche. The Interferry board of directors named Bryan for the role – effective from April 1 - late…
With the help of Maritime New Zealand, maritime operators prepare to meet the requirements of the new Health and Safety at Work Act 2015 (HSWA) that came into force April 4, 2016. “Many maritime operators have a head start because they’ve entered the Maritime Operator Safety System (MOSS)…
The Bomin Group, a global physical supplier and trader of marine fuel oil, announced a number of appointments within its leadership team in order to create a solid foundation for further growth in the coming years. Effective April 1, 2016…
Further expected container shipping liner losses throughout the first half of 2016, exacerbated by the awful prevailing spot and contract freight rates will lead to a major trigger point at some stage later this year. This will happen either…
Following the announcement on 12 February 2016 that Lewis Booth would step down as Senior Independent Director once a successor had been identified, Rolls-Royce Holdings Plc has announced the appointment of Sir Kevin Smith as Senior Independent Director…
ABB to deliver advanced integrated automation and electrical solution for largest Italian public work project of the last century.ABB will supply the complete integrated electrical and automation system for Mo.S.E. (the Italian acronym for experimental electro mechanic module)…
Subsea services provider to the oil and gas industry Bibby Offshore (BOUK) has secured a multimillion pound contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
Johan Sverdrup is by far the largest ongoing project on the Norwegian Continental Shelf for the next few years. Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by…
Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million…
Seagull Oil & Gas has launched the most cost efficient and comprehensive e-learning training package in the industry for offshore personnel working in explosive atmospheres.Building on International Electrotechnical Commission (IEC) standards…