Stig Eide Sivertsen is appointed as Chief Executive Officer of Electromagnetic GeoservicesBjarte Bruheim has decided to step down as Chief Executive Officer of Electromagnetic Geoservices ASA with immediate effect. He has held this position since 7 January 2015…
Liquefied Natural Gas Limited is entering into two additional key supplier alliance agreements (SAA) with Siemens Energy Inc. and EthosEnergy Group, respectively. These agreements call for LNGL to work collaboratively…
Several pirates attacks were reported during the weekend in Straits of Malacca and Singapore to six cargo vessels passing through. On August 21 and 22, six vessels while underway in the eastbound lane of the Traffic Separation Scheme in…
German ocean carrier Hapag-Lloyd aims to launch preparations for an initial public offering (IPO) in September, which is sooner than it originally planned, as a result of strong financial results, says Reuters. Hapag-Lloyd’s solid second quarter financial performance…
Clear and consistent rules that enhance maritime safety and best preserve what is important to Alaskans will benefit the entire Arctic region now and far into the future, reports ADN. Experts forecast that the volume of cargo coming through that route is likely to increase from 1…
South Korea said the submarines, comprising about 70 per cent of a North Korean submarine fleet, had left their home ports and were nowhere to be found. Military are increasing their surveillance capability to track them. Military sources said…
Royal Dutch Shell plc recently entered into an agreement with Thailand-based companies to develop a liquefied natural gas (LNG) terminal at the Dawei special economic zone in the Tanintharyi Region in Myanmar, says local daily Myanmar Times…
The recession, gradually engulfing the world commodity production, has become apparent amid the dynamics of rates for international dry cargo transportation, reports abc.az The key shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 26…
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1…
The Coast Guard has reopened the Neches River with restrictions to all vessel traffic, Saturday.Vessel traffic is restricted from meeting or overtaking one another 1,000 feet up bound and 1,000 feet down bound near the capsized towing vessel Louise at mile marker 284…
Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today to announce that SSN 799, a Virginia-class attack submarine, will bear the name USS Idaho.The submarine will be named to honor the history its namesake state has with the Navy…
Registration opened for Third annual International Student Design Competition for Safe Affordable Ferries. Today the Worldwide Ferry Safety Association (WFSA) announced its latest competition for a Safe Affordable Ferry, with entries…
Mariners are reminded that during a walk-through lockage at Iroquois Lock:• The vessel must maintain contact with the lock on marine VHF channel 17 during the entire lockage. The vessel may leave channel 17 only after having left the lock…
Lockheed Martin Corp on Friday welcomed the U.S. Navy's decision to use Lockheed's integrated combat system for future frigate-class ships to be built beginning in fiscal 2019, saying it would allow greater commonality across the entire Navy fleet…
The Navy will lay the keel for the second Gerald R. Ford-class aircraft carrier John F. Kennedy (CVN 79) Saturday, August 22, 2015 at 10 a.m.John F. Kennedy, designated CVN 79, is the second aircraft carrier to honor President John F…