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Adélie Penguin Population Doubles

Oct 23, 2015

Adélie penguin populations in East Antarctica have almost doubled over the past 30 years, according to research published in PLOS ONE today.Australian Antarctic Division seabird ecologists, Dr Colin Southwell and Dr Louise Emmerson, alongside colleagues from Australia…

Inmarsat welcomes President Xi to London Headquarters

Oct 23, 2015

Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK.The visit reflects the close working relationship between Inmarsat and China…

Asian Waters Hit by Increased Maritime Piracy

Oct 23, 2015

Singapore-based anti-piracy agency, ReCAAP Information Sharing Centre (ReCAAP ISC) has recorded a total of 161 incidents of piracy and armed robbery against ships in Asia during January-September 2015. This represents a 25 percent increase in the total incidents compared to 2014…

Brazil Deepens Bribery Probe

Oct 23, 2015

Brazil’s Parliamentary Commission of Inquiry (CPI) has recommended the deepening of investigations into 10 companies - including Keppel, SembCorp Marine and Kawasaki Heavy-  involved in the alleged bribery transactions with Petrobras and Sete Brasil…

Daewoo Shipbuilding May Post Loss of Over US$4.6 Bln

Oct 23, 2015

Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts, reports Yonhap. The outlook follows a recent audit by the state-run Korea Development Bank (KDB)…

Cosco Singapore Under Pressure

Oct 23, 2015

Shipbuilding and dry bulk shipping company  Cosco Corp (Singapore) expects to post a loss in the third quarter ended September 30, 2015 compared to a profit recorded in the same period a year earlier.  The  financial pain comes on the back of the offshore slump…

DryShips Buys Nautilus Stake, Adds Six OSVs

Oct 23, 2015

Greek ship owner DryShips plans to add six support vessels to its fleet by acquiring a large stake in Nautilus Offshore Services.  Dry bulk shipowner DryShips has entered into an agreement to acquire approximately 98% of Nautilus OffShore Services Inc…

KT to Manage Massive Submarine Cable Network

Oct 23, 2015

Korean Telecommunications provider KT has been named the key operator of the world's largest submarine network cable, New Cross Pacific (NCP). Korea's dominant fixed-line operator said it will run a network center to control the submarine…

Fire Strikes Splendour of the Seas

Oct 23, 2015

Royal Caribbean's Splendour of the seas experience a fire in one of its engine rooms, but luckily the incident was contained with minor injuries and no apparent damage to the ship. Royal Caribbean says: 'The fire was contained and extinguished…

Ports Group Encouraged By U.S. House Transportation Bill

Oct 22, 2015

Press release - Like many other goods-movement interests, America’s seaports are pleased to see new freight provisions contained in the Surface Transportation Reauthorization & Reform Act of 2015 (STRR; H.R. 3763), which House Transportation…

Senator Urges Obama Admin to Detail Oil Swaps with Mexico

Oct 22, 2015

One of the U.S. Senate's top advocates for lifting the ban on domestic crude exports urged the Commerce Department on Thursday to disclose whether any oil swaps with Mexico have actually been finalized after the agency approved the transactions in August…

Conoco CEO: Lifting U.S. Oil Export Ban on Wish List

Oct 22, 2015

The head of U.S. oil company ConocoPhillips on Thursday renewed a call for the Obama administration to lift a ban on crude exports to help revive the struggling domestic energy industry, saying the move was 'number one on my wish list.'The…

ALMACO: New Crew Cabins for RCI Mega Cruis Ships

Oct 22, 2015

Press Release -- ALMACO’s Modernization team sailed onboard Royal Caribbean’s Quantum of the Seas and Anthem of the Seas to perform turnkey deliveries of 17 new crew cabins on deck 2. The scope of work for each of the ships involved the dismantling of the existing crew-dedicated Windjammer…

Digital Cameras Help Shipownwers Defend Claim

Oct 22, 2015

Press release - The  London P&I Club has recommended that ship owners and operators keep a good-quality digital camera on board their vessels as part of their attempts to collect and preserve evidence in the event of claims arising, particularly as a result of damage to fixed or floating objects…

Kelvin Hughes Appoints AMS as Rep

Oct 22, 2015

Press release -  Kelvin Hughes has appointed prime contractor Australian Maritime Systems (AMS) with headquarters in Brisbane, Australia to act as its sales representative and provide service operations across Australia and New Zealand.The…

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