Latest News - page 1558


Ocean Installer in BP frame deal

Oct 13, 2015

Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning…

Asian Shipping Lines Lowers Fees

Oct 13, 2015

China’s National Development and Reform Commission (NDRC) said Japan’s Kawasaki Kisen Kaisha (K Line), South Korea’s Hanjin Shipping, Hyundai Merchant Marine (HMM), Taiwan’s Evergreen, Wan Hai Lines, Yang Ming, China Shipping Container Lines…

Student Ferry Competition Draws Record Participation

Oct 12, 2015

The Worldwide Ferry Safety Association’s (WFSA) international student ferry design competition, geared toward developing a Safe Affordable Ferry, enters its third year receiving more entrants than ever before. For this year’s competition for a RoPax (passenger-truck) ferry for Indonesia…

Foss Maritime Opens Houston Office

Oct 12, 2015

Foss Maritime has opened a new office and the formed a project management group aiming to support its customer base headquartered in Houston. John Tirpak of Foss has been appointed Vice President of Business Development & Contract Services…

Calnetix Technologies to Present at ASME ORC 2015

Oct 12, 2015

Engineers from Calnetix Technologies will present at the American Society of Mechanical Engineers (ASME) Organic Rankine Cycle (ORC) 2015 Conference in Brussels, Belgium, Oct. 12-14. Controls and Systems Engineer Chris Sellers will give a paper…

20 Nations Reinforce their Commitment to Fight Piracy

Oct 12, 2015

Senior officers from Australia and 19 other nations attended the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) meeting in Sydney this week to reinforce the importance of a regional approach to combat piracy and armed robbery at sea…

Foundation Stone Laid for New PSA CT in Mumbai

Oct 12, 2015

Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd (which is a subsidiary of PSA International) celebrated the laying of the foundation stone today to mark an important chapter…

ABS Guide for SOx Scrubber Ready Vessels Released

Oct 12, 2015

New class notation recognizes vessels designed with SOx Scrubber ready features to facilitate cost-effective and time-efficient retrofit.(Houston) ABS, a leading provider of classification and technical services to the global marine and offshore industry…

Vroon Laying up 12 OSVs

Oct 12, 2015

The Netherlands-based Vroon Offshore Services has decided to pull 12 offshore-support vessels out of operation, saying the move is a “direct result of the ongoing slump in offshore oil and gas activities”. This consequently means it will also reduce the number of onboard positions…

Yildirim to Sell its CMA CGM Shares

Oct 12, 2015

French shipping company CMA CGM has revealed that the Turkish conglomerate Yildirim Group wants to sell its 24% stake in the carrier. Yildirim Holding planned to divest its major stake of one fourth in CMA CGM, by 2015, President and CEO of Yildrim Holding…

Container Tracking ensures that your shipment is always 'just a click away'

Oct 12, 2015

'Our 24 x 7 multi-referential container tracking facility ensures that your shipment is always ‘just a click away’!,' says CMA CGM. CMA CGM Container tracking is available anytime anywhere- from your personal computer, laptop, tablet or…

Hapag-Lloyd Continues to Prepare for its IPO

Oct 12, 2015

Confirming that the company is preparing its initial public offering, Hapag-Lloyd said it “expects total gross proceeds in the equivalent euro amount of US$500 million from the IPO,” says a report in Reuters. Rolf Habben Jansen, Chief Executive…

Container-Shipping Consolidation Key to Survival

Oct 12, 2015

Maersk Line CEO Soren Skou called for consolidation in the container-shipping industry, citing “extremely weak” demand growth amid steadily increasing capacity, says a report in the Wall Street Journal. Skou said sharing costs with partners…

Poland Expects First LNG Shipment Next Month

Oct 12, 2015

As Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia is at the final stage, Poland expects to receive its first cargo of liquefied natural gas (LNG), reports Reuters. The terminal, being built in the Baltic city of Swinoujscie…

Malaysia, China to Boosting Port Connectivity

Oct 12, 2015

Malaysia and China are working to boost connectivity between their sea ports to raise bilateral trade to achieve a trade volume of $160bn by 2017, says a report in the Star. Transport Minister Datuk Seri Liow Tiong Lai said  the two countries…

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