There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria. Recently, some ship owners Association…
Nearly 40 tourists rescued by Egyptian authorities as a passenger boat sinks in the Red Sea near Marsa Alam in southern Egypt. The boat carrying 26 French tourists and 10 Egyptians hit coral reefs before it sank off the Red Sea coast - one of the most prominent tourist attractions in Egypt…
The global dry bulk freight market, crippled by oversupply but seeing signs of renewed activity, is expected to take at least a year to hit the road to recovery, according to the latest Platts survey of shipping market participants. This…
China COSCO Holdings Company Limited says its operations at Tianjin port have been unaffected by the blasts that killed 114 people here also put a deep dent in the compact between China’s government and its middle class. 'Our assets have not been materially affected…
North Sea helicopter pilots, vital for transporting offshore oil workers to and from platforms, threatened on Thursday to go on strike unless their employers improve voluntary redundancy terms in view of threatened job cuts caused by the low oil price…
Essential Resource for Transportation or Handling Incidents Involving Hazardous Materials Labelmaster offers the 2016 edition of the Emergency Response Guidebook (ERG) – a must have for anyone who handles or transports dangerous goods (hazardous materials)…
A multiagency rescue operation to help a seriously ill merchant sailor aboard a cargo ship in the Pacific Ocean was cancelled Wednesday morning after the man was declared deceased, the U.S. Coast guard announced. Tuesday, at approximately 9:50 a…
In a meeting in the Corporate Assembly of Statoil ASA on August 20, 2015, Wenche Agerup was elected as a new member of Statoil's board of directors.Wenche Agerup was the Executive Vice President for Corporate Staffs and the General Counsel of Norsk Hydro ASA from 2010 to December 31…
Uwe Beckmeyer, Parliamentary Under Secretary of the Federal Minister for Economic Affairs and Energy, visited Rolls-Royce Power Systems AG in Friedrichshafen. Dr. Ulrich Dohle, company CEO who also chairs the MTU Friedrichshafen subsidiary, explained the low-emission diesel engines of the future…
DNV GL has developed a new class notation for gas bunker vessels that targets safer fuel transfer operations from one ship to another. Until now, the development of standards guiding gas fuel transfer operations in ports has lagged behind…
Hill Dickinson said that Captain Joe Quain, formerly of Bentley’s Stokes and Lowless, will be joining the firm as a partner in the Singapore office with effect from September 1, 2015, bringing the firm’s strength of Master Mariner lawyers to six in total…
Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million).Revenue in the first half of the year rose 1…
Lowrance, a world-leading brand in fishing electronics since 1957, announced today its renewed OEM partnership with Phoenix Bass Boats. Under the terms of the renewed three-year agreement, Lowrance is the standard electronic equipment on all Phoenix high-performance bass boats…
Hill Dickinson is pleased to announce that Captain Joe Quain, formerly of Bentley’s Stokes and Lowless, will be joining the firm as a partner in the Singapore office with effect from 1 September 2015 bringing the firm’s strength of Master Mariner lawyers to six in total…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…