Lee Jin-bok, a lawmaker of the ruling Saenuri Party in Korea says that the government has given an 'incentive for mutual growth' to Korea's major shipbuilders while they are accused of an unfair business practice. The three shipbuilders - Hyundai Heavy Industries…
India and Australia have commenced the first bilateral maritime exercise, Ausindex15, in Visakhapatnam, India, strengthening defence cooperation between the countries. Building on the personal relationship of Prime Minister Modi and Prime Minister Abbott…
Mexico's finance ministry announced the minimum fiscal terms companies will be required to meet in order to win development rights in an upcoming oil auction, as the country seeks to lure investment despite slumping crude prices. The ministry…
* Thirty-four drown, including 15 children * Coastguard rescues 1,429 migrants in three days * Figures show Greece is main refugee gateway to Europe Greek divers trawled the Aegean Sea on Monday for survivors of the country's worst maritime accident involving refugees…
Press release - The security situation in the Indian Ocean could very quickly change for the worse, says maritime security company MAST. Gerry Northwood OBE, COO of MAST, said: “For commercial shipping, the Indian Ocean is arguably the safest ocean on the planet…
SDV Logistique Internationale recently signed a preliminary agreement for the construction of a warehouse on the Parc Logistique du Pont de Normandie 2 (PLPN2) platform at the Port of Le Havre. This project is divided into two successive…
System integrator Alewijnse Marine Systems and international dredging and marine contractor Van Oord signed a long-term service level agreement covering the Van Oord cable-laying vessels Nexus and HAM601. The contract was started on September 1…
The heads of 7 of the 8 political groups of the European Parliament's environment committee wrote to the Environment Ministers of the 28 EU countries urging them to include international shipping and aviation in a global climate deal at Paris…
Press release - Merseyside refrigeration and air-conditioning specialist Flynn has responded to an emergency call-out for a specialist compressor for a cargo vessel operating in the Philippines.The firm responded rapidly to German shipping…
Press release - Members of the G6 Alliance has announced additional void sailings within their Asia-Europe product in response to changes in market demand. As the G6 Alliance continues to review its product profile, the following void sailings…
The second Annual Danish Maritime Forum, scheduled for October 7-8, 2015, in Copenhagen, brings together a wealth of global maritime leaders to address present and long-term challenges for industry. Discussions at this year’s Danish Maritime…
Azerbaijan's 2016 budget draft envisages an estimated oil price of $50 per barrel, down from $90 this year, and sees economic growth of 1.8 percent, the document published on the finance ministry's website showed on Monday.The former Soviet…
Dometic Group promoted Ned Trigg to Executive Vice President of Dometic’s Marine division. In his new role, Trigg will be the business leader for the Marine OEM and Aftermarket divisions for the Americas region. This includes sales, application engineering…
Roger Holm (43) M.Sc. (Econ.), has been appointed President of Marine Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 1 November 2015. In this position, he is responsible for Wärtsilä's Marine Solutions business globally…
The first remote-controlled ferry demonstrator could hit the water within four to five years thanks to a new wave of research into operational efficiency based on ship intelligence solutions.The prediction from Oskar Levander, VP for innovation…