The Port of Seattle welcomed its newest commissioner, Fred Felleman, as he took the oath of office along with reelected Commissioner Courtney Gregoire at Tuesday’s Commission meeting. The commission officers for 2016 were also announced…
Dana Gas PJSC, a publicly listed natural gas company in the Middle East, has announced several key senior management appointments. Chris Hearne was appointed as the Chief Financial Officer of the company on January 4, 2016. Prior to joining Dana Gas…
The Australian Renewable Energy Agency (ARENA) is providing $181,000 funding to support Bombora Wave Power (Bombora) to complete a detailed cost of energy study for its Wave Energy Convertor (WEC).Bombora’s WEC design uses a responsive…
NOIA President Randall Luthi issued the following statement following President Obama’s 2016 State of the Union Address: 'The President missed a golden opportunity to promote a broad-based energy policy consisting of both traditional and non-traditional sources of energy…
GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015…
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port, gaining a key foothold to expand China's economic and military presence in Europe and Africa under the 'One Belt…
Former Hapag-Lloyd CFO Peter Ganz has joined the top management team of the Hamburg asset and investment manager MPC Capital AG's shipping business with effect from 1 January 2016. As a member of the extended Management Board the 48-year…
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, sank to a new record low for the sixth straight session on Tuesday, reports Reuters. The overall index, gauging the cost of shipping dry bulk cargoes including grain…
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m)…
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global network of Maritime Technology Cooperation Centres (MTCCs) in developing…
Kitack Lim of South Korea has issued a message outlining his priorities as incoming Secretary -General of the IMO a post he assumed on January 1 following endorsement of his mid-2015 election by member states at the IMO Assembly in November…
Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line has been the world’s largest container shipping company since 1996. It operates…
ABS Group to Develop Intelligent Maintenance Strategy for Golar FLNG Fleet ABS Group subsidiary Genesis Technology Solutions, Inc. (GenesisSolutions) won a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s…
The State University of New York yesterday awarded $750,000 from its Investment and Performance Fund to Maritime College to boost student success and completion rates. The grant was among the largest paid for with money from the fund. “Academic…
Webb Institute has appointed Benjamin H. Scott as the Assistant Professor of Marine Engineering. Scott is a design engineer with over 30 years of experience in thermal and hydraulic analysis, heat exchanger design, thermal performance testing and fluid system design…