Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division hosted Adm. John Richardson Thursday as part of his visit to shipyards in the region. This was his first visit to Ingalls as Chief of Naval Operations. Richardson received updates…
UK marine industry grows for fourth consecutive year; new figures released at the London Boat Show 2016 The U.K. leisure, superyacht and small commercial marine industry continue to grow, according to new statistics published today by British Marine at the London Boat Show 2016…
Fenska hired to lead overall sales strategies for Carnival Corporation’s newest brand, Fathom Carnival Corporation’s 10th and newest brand, the social impact travel company Fathom, has appointed Ron Fenska as the company’s vice president of sales…
Destined for installation on board one of the highest profile cruise ship deliveries scheduled for 2016, the latest Azipod XO podded propulsion recently departed from the ABB factory in Helsinki. The unit, which commands 20.5 MW of power…
Actisense, a marine electronics brand from Active Research Limited, which provides products to the marine industry worldwide, said it has celebrated a successful 2015, and now with continued sales growth is set to introduce major changes to capitalize and develop the company in 2016…
Global commodities trader Trafigura said on Monday it had hired former asset manager Chin Hwee Tan as its chief executive officer for the Asia-Pacific.Tan will be responsible 'for continuing the growth of Trafigura's business across the region'…
ASRY appointed Charles Maher as the new General Manager (GM) of the Ship Repair division, effective January 4, 2016. Maher brings more than 15 years worth of corporate and hands-on technical shipyard experience at Dormac Marine & Engineering…
An Indian court on Monday sentenced crew members of a private American ship, including 25 foreigners, to five years in prison for illegal possession of arms in Indian waters in a verdict that could spark diplomatic tension.The crew, which included foreign nationals from Ukraine…
Philly Shipyard ASA (Oslo: PHLY) announced that Jim Miller has been nominated to be Chairman of the Board of Directors of Philly Shipyard. Mr. Miller previously held this role from 2011 until 2014. This nomination is expected to be approved at an extraordinary general meeting on February 1…
French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner, reports Business Times…
CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe. Starting in Southampton on January 11th, 2016 with m/v CMA CGM KERGUELEN voy…
The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co. Whilst Singapore, Indonesia and Malaysia operate anti-piracy patrols in the area…
Oceans Beyond Piracy (OBP) remains committed to three priority areas that will guide our efforts in the coming year, says a press release from the company. First - a comprehensive solution to maritime piracy requires an inclusive, long-term approach…
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI. The comments come in the backdrop of India’s growing concerns over rapid…
The reduction in the new 2016 Worldscale flat rates of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns, says tanker market assessments from the Baltic Exchange. Thus we are now seeing rates for long east of around WS 107…