Three executives of Brazil's Camargo Correa group were convicted on money laundering, corruption and other charges on Monday, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras…
NorSea Group (UK) Ltd has appointed Karen Russell as its first UK Finance Director. Russell becomes the third addition to the group’s executive team as the company continues to grow its activity across Scotland in both the decommissioning and subsea support sectors…
Leading maritime security company MAST has appointed Tony Armour as Client Development and Marketing Director with immediate effect. Armour brings experience in senior management and sales roles, including within international companies…
The board of directors of Greene’s Energy Group, LLC, a provider of integrated testing, rentals and specialty services, has announced that its chief executive officer Robert “Bob” Vilyus has elected to retire from the company and the board of directors in September 2015…
One of India’s leading maritime businesses has unveiled plans for a new $10 million maritime training college in the Patna district of Bihar State in India. Capt. Nalin Pandey, chairman and managing director of Mumbai-based Pentagon Marine Services…
As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the use of low-sulphur fuel in ships that berth in their ports. This results in a possibility…
Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East. The…
As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates…
Scorpio Tankers Inc has agreed to sell its 6 million common shares of Dorian LPG Ltd to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for a purchase price of $15.34 per share. The shares will be sold pursuant…
The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal. JAXPORT has officially announced the addition of the world’s No…
The National Armed Forces of Latvia said they found a submarine on Sunday and a group of Russian warships in the exclusive economic zone of Latvia. The Sputnik reports that the Armed Forces saw Russian Kilo-class sub and a Tarantul-class…
With an effort to consolidate the Navy-to-Navy cooperation and to strengthen the relationship in tune with India’s Act East policy, Chief of Naval Staff (CNS) Admiral RK Dhowan will be going on a five-day tour to Singapore and Thailand. Dhowan…
Crystal Cruises announced an expansion plan under new owners Genting Hong Kong that includes three 1,000-passenger vessels, its first new ships in decades. Plus, Crystal will expand into adventure, yacht and river cruising, and luxury jet trips…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece. The new deal calls for Daewoo to deliver the LNG vessel, able to carry 173…
U.S. 6th Fleet’s operational logistics arm – Commander, Task Force 63 – was selected as the 2014 recipient of the prestigious Admiral Stan Arthur logistics award for “logistics team of the year,” according to a notification released by the Chief of Naval Operations July 14…