Press release - KPI Bridge Oil, a trader and broker in marine fuels, marine lubricants and risk management products, has launched its anticipated brand refresh.The refreshed brand delivers the company’s new tagline ‘responsive maritime…
Norwegian oil major Statoil expects to have between 20,700 and 21,000 employees and consultants working for it by the end of 2016, down from 25,500 at the height of the crude price boom, the company said on Tuesday.'This corresponds to a…
More than 400 delegates representing maritime training centres, shipping companies, certification societies, maritime administrations, and suppliers from all over the world, gathered in Singapore for the IVth Simulation User Conference hosted by Transas…
Damen Shiprepair Amsterdam (DSAm) reports that it is currently working on a modification and maintenance contract for six inland cruise vessels owned by Viking River Cruises. With this winter service complete, all six vessels – known as longships – will be ready for the coming river cruise season…
Lloyd’s Register announced two significant organization changes: Tom Boardley steps up to a new role as Executive VP and Global Head of Corporate & External Affairs and Nick Brown is promoted to Marine Director.“We are organising our business…
Today Vladivostok-based Far Eastern Federal University (FENU) opened the International School of Ice Ice Mechanics to 30 students and young scientists from Russia, China, Korea, India, Indonesia and Norway. They will study the basics of field…
International Container Terminal Services, Inc.’s (ICTSI) US$450 million perpetual capital securities issue was recently recognized as the Philippines’ best corporate bond at the The Asset Triple A Country Awards 2015. ICTSI issued last…
Continuing support from key markets across Asia helped Contship Italia Group, the leading container terminal and intermodal transport operator in Italy, to report a steady set of results for 2015.Contship Italia Group terminals handled a total of 6…
For approximately 9 months, an acoustic monitor will be temporarily established on the seabed [at Lung Kwu Tan and Siu Ho Wan] in each of the following locations (WGS 84 Datum):(A) 22 deg. 23.920’N / 113 deg. 54.197’E(B) 22 deg. 23.458’N / 113 deg…
Panama-flagged container ship MSC Monica, which ran aground on the St. Lawrence River near Saint-Laurent, Quebec city, Canada on January 22, was refloated, according to the Transportation Safety Board of Canada (TSB). The 43,618 dwt container vessel was sailing from Montreal to St…
General Dynamics Electric Boat expects to hire nearly 4,000 people in the coming years as it ramps up production on Navy submarines, the Associated Press reports. Electric Boat is projecting a positive outlook for 2016 for revenue and employment…
Liquefied natural gas (LNG) price from Norwegian company Statoil ASA for Lithuania is set to fall by more than one-third and the Klaipeda LNG terminal's maintenance costs are to decline by around 23% after Lithuania's gas trade company Litgas…
Oilfield services giant Schlumberger is entering Ophir Energy’s Fortune floating liquefied natural gas (LNG) project off Equatorial Guinea after agreeing a preliminary deal with the UK player for a stake in the development. The non-binding…
Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors. A new company, Fairline Acquisitions, funded by two UK-based Russian investors with a background in the marine sector, is to…
The Maharashtra state government has given approval to its comprehensive Maharashtra Port Development Policy for creating better facilities around 720 km coastal region of the state. A decision to constitute the Maharashtra Port Connectivity…