On 18 March, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships in Asia (ReCAAP) commemorated its 10th anniversary.ReCAAP is a cooperation between Asian countries, but also other countries such as Denmark…
Global integrated drilling waste management and environmental services firm, TWMA, has won the Export Achievement Award at this year’s Offshore Achievement Awards.The award recognises the company’s significant business growth resulting from…
Some cash-strapped U.S. oil and gas companies are considering creating an unusual layer of debt as a way of surviving the rout in oil and gas prices, according to restructuring advisors.Chesapeake Energy Corp for example is considering the strategy to swap some of its roughly $9 billion debt…
On Wednesday, the Washington State Transportation Commission announced that the fourth ferry in our Olympic Class will be named Suquamish. Ferry names were suggested through a public process, and narrowed down to three for the Commission’s consideration…
At a special press event held at the Palm Beach International Boat Show, MarineMax announced today that they are expanding into yacht management, crew placement and charter of luxury megayachts. Bob Saxon Associates, has joined MarineMax as…
The Bureau of Safety and Environmental Enforcement (BSEE) and The National Aeronautics and Space Administration (NASA) have announced a five-year agreement allowing BSEE to capitalize on the best risk management approaches from the aeronautics…
Indian minister for shipping Nitin Gadkari has said port and shipping sector has potential to create nearly 4 million direct jobs and 6 million indirect employment opportunities over the next 5 years. Gadkari said 'all the developed countries have a vibrant port sector…
Skangas, a unit of Gasum, signed a deal with Lyse Group to acquire the Risavika liquefied natural gas (LNG)production facility in Norway. The acquisition of the Risavika production plant will strengthen Skangas’s presence in the downstream…
The Maritime and Port Authority of Singapore (MPA) Thursday reaffirmed its support for Regional Cooperation Agreement on Combating Piracy and Armed Robbery (ReCAAP), highlighting the 'instrumental role' the organisation has played in addressing piracy and armed robbery against ships in Asia…
APM Terminals (APMT) is continuing with its new deep-water semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project, which represents an overall investment of US$900 million, despite the slow Latin American economic growth, and sluggish global container shipping growth rate…
With around 80 per cent of global trade by volume and over 70 per cent of global trade by value carried by sea, and with these shares being even higher in the case of most developing countries, maritime transport, including liner shipping,…
Press Release: The South East of England represents more than 20% of the UK maritime industry. Recognizing the significance of the South East to the maritime sector and building on the success of its Liverpool chapter, WISTA UK is evolving and…
Transport minister, Lord Ahmad of Wimbledon has marked the end of National Apprenticeship Week by presenting eleven Thames apprentices with Maritime Skills Diplomas. For the apprentices, aged from 18 to 25, the Diplomas are the result of two years’ hard work…
The United States Maritime Resource Center (USMRC) has announced the appointment of Tiffany A. Torrey as its new Director of Grants and Fundraising. Torrey comes to USMRC with an extensive background in fundraising, grant writing, strategic planning…
The German shipping companies Briese Schiffahrts GmbH & Co. KG and Briese Schiffahrts GmbH & Co. KG MS “Extum,” who owned and operated the cargo ship M/V BBC Magellan, pleaded guilty today to failure to maintain an accurate oil record book,…