The sixth diesel-electric submarine for Russia's Black Sea fleet was launched Tuesday at a shipyard in St. Petersburg, says Russian News Agency TASS . The Varshavyanka-class sub, named Kolpino, is an advanced version of what NATO designates as a Kilo-class submarine…
International climate scientists are calling on the Canadian government to reject a proposed liquefied natural gas project by Petronas-backed Pacific NorthWest LNG in British Columbia, saying it would have dire environmental effects, according to a report in Canadian Press…
Oscar Spieler-led LNG shipowner Golar LNG Ltd. (GLNG) on Tuesday reported a loss of $80.1 million in its first quarter. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share…
Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation…
e-Navigation and the Gulf Area: Meeting Information Needs Where Blue Water, Brown Water and Port Facilities Intersect An event examining the role, development and trends in maritime e-Navigation is scheduled for October 17-19, 2016 at the San Jacinto College Maritime Campus in La Porte…
Quintiq, a Dassault Systèmes company, announced that Royal Caribbean Cruises Ltd. has selected its software solution to optimize the assignment of more than 80,000 crew members across its various brands and ships globally. As a global company…
The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court. Both Francesco Schettino, who was commanding the ship when it hit rocks off the Tuscan island of Giglio…
On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding & Repair Maritime Cluster (TTSR) signed a Memorandum of Understanding to undertake maritime project initiatives involving research…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced that KTB will become a member of the KPI Bridge Oil Group as of June 1, 2016. The merger comes a year after the group’s…
Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive Leadership In Safety award at the association’s meeting in Park City, Utah.…
“Scrapping ships and no new builds is the fastest road to recovery for the dry bulk market”BIMCO President Philippe Louis-Dreyfus comments on BIMCO’s latest market analysis:The dry bulk market could become profitable again in 2019 – but…
Future leaders of DP World UAE Region met HE Abdullah Al Mandoos, Acting Charge d’Affaires of the UAE Embassy in Singapore this week as part of their Advance Leadership Development Program. Al Mandoos welcomed 17 UAE National…
The Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry, has announced the appointment of Ian Petty as its first ever General Manager. Petty will take responsibility for the day-to-day…
A/S Dan-Bunkering Ltd. announced that Kasper Bækkegaard Christiansen started as Bunker Trader in the trading department in Middelfart, Denmark, as per May 1, 2016. Christiansen commenced his career as a Bunker Trader with Dan-Bunkering in the company’s head office in Middelfart…
Petrobras reports that it has received the letter of resignation of Mr. Aldemir Bendine the functions of a member of the Board of Directors and President of the Company today. In addition, Mr. Bendine also resigned today, the office of member…