The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has cleared a Rs.4,000-crore ($615 mln) package to spur India’s ship building industry, combined with a slew of incentives. The sops include the right of first refusal on all government purchases for Indian shipyards…
BAE Systems has awarded a £90m contract to Morgan Sindall plc for the development of one of the UK’s largest industrial facilities at the Company’s submarine building site in Barrow-in-Furness, Cumbria, reports North West Evening Mail. The…
Every year maritime government officials from across the world travel to Malmo, Sweden, to enrol at the World Maritime University (WMU). The WMU was founded by the International eMaritime Organization (IMO) in 1983 and holds a unique position…
The detained Norwegians Murmansk trawler 'Dolgoschele' returned to its home port and was preparing to set sail again.As reported today by the CEO-owner of the vessel of 'Perseus' Alexander Chumakov, the Norwegian authorities did not agree to their explanation…
Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA).GIA was being represented by Clasis LLC in relation to monies due and owing to them in the High Court of Singapore…
Teekay Corporation announced today that Alan Semple and Bill Utt have each accepted an invitation to join Teekay's Board of Directors, effective immediately. Semple and Utt will replace William B Berry and Dr. Ian Blackburne who have announced…
The global airline and shipping industries appeared to win a symbolic reprieve from the growing global drive to reduce carbon emissions on Wednesday, cut from a new draft climate change pact being negotiated in Paris. As nearly 200 nations…
Dan March has been appointed Chief Executive Officer (CEO) of the independent forwarder network WCA, with founder David Yokeum becoming Chairman, and Ram Menen joining a new global Supervisory Board. Based in London, March, who has been WCA Communications Director for over five years…
Offshore Installation Services Ltd (OIS), an Acteon company, has named Colin Shellard as its new managing director. Based in Aberdeen, Shellard is responsible for setting the strategy at OIS, as the company continues to focus on new opportunities in the offshore decommissioning sector…
Christopher Jones has joined Metro Group Maritime, the New York headquartered commercial receivable management, debt recovery and consulting company focused on the maritime and transportation industry. Jones, formerly with Safmarine, a unit of Maersk Line…
The World Shipping Council (WSC), the TT Club, the International Cargo Handling Coordination Association (ICHCA) and the Global Shippers’ Forum (GSF) jointly released a new Frequently Asked Questions (FAQ) document to address issues arising…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has opened a new office in Athens, Greece. The new venture comes as part of the group’s broader growth strategy and desire to further develop its key markets…
Kohler Power Systems has announced two promotions within its marine segment. Patrick Kline has been promoted to Global Marine, Americas, KPS; and Frank Formas has been appointed to MGR – Field Service, Global Marine, KPS.In his new role…
In response to popular demand, Mersey Maritime has expanded the eligibility of its annual awards to include maritime companies and related organisations right across the Maritime, Logistics and Energy spectrum in the whole of the North West and the Isle of Man…
Hempel A/S announces that Anders Boyer-Søgaard, CFO and member of Executive Management of GN Store Nord A/S, will succeed CFO Kim Junge Andersen who will join Rockwool as CFO as per January 1, 2016.In 2007, Anders Boyer-Søgaard joined…