Rutger Bierman, Managing Director at London Offshore Consultants (LOC) Singapore, has confirmed that Don Ross, who previously established and headed LOC Thailand, is stepping up to assume responsibility for the Group’s Fixed Object Damage and Port Development business lines in Singapore…
Broadband Satellite Services Ltd (BSS), parent company of satellite communications provider Satcom Global and marine engineering firm AND Group, has received a $10m investment from UK based organisation, Business Growth Fund (BGF).This…
Greece has submitted a fresh proposal which includes hiking shipping taxes and to gradually remove the industry's special tax status to the EU in a bid to secure a 53.5 billion euro ($59bn) rescue package to help cover its debts until 2018 and stave off bankruptcy…
North Atlantic Drilling has been awarded a contract extension for the semi-submersible rig West Phoenix by Total E&P UK Limited. The contract will commence mid-March 2016 and secure work for the unit through the end of August 2016. The…
Ezra Holdings saw its net profit for 9M15 grow 50.6 percent to US$51.5 million despite a net loss of US$3 million for the latest quarter, as sluggish oil prices weighed on activities of the oilfield service industry. For the first nine months of its financial year…
Indian Oil Corp. Ltd (IOCL) has awarded KSS Petron India, a Black & Veatch led consortium, a contract for a liquefied natural gas (LNG) receiving terminal at Ennore in the Indian state of Tamil Nadu. Black & Veatch will lead the engineering…
India is considering importing liquefied natural gas from Canada towards meeting its requirements, the petroleum ministry said. Petroleum Minister Dharmendra Pradhan met Canadian Natural Resources Minister Greg Rickford to discuss enhancing energy cooperation between the two countries…
Nigeria and Greece have signed a deal that will enable Nigerian ship owners to own vessels that would be transferred to them by their Greek counterparts, reports Channels Television. Nigerian ship owners have reiterated their preparedness…
The bridge area of the USS Forrest Sherman and one of its helicopters were repeatedly targeted by a laser device on board an Iranian-flagged merchant ship, CNN reports as U.S. defense official sayiing. According to the official, no U.S…
An added 400 dockworkers to handle Port of Oakland cargo; first new hires arrive this week to help clear vessel buildup The first of 400 new dockworkers arrive this week to meet the Port of Oakland’s need for more labor, the port announced today…
Dutch equipment supplier Pronomar highlights the importance of a healthy work environment “Happy employees are central to the success of a business.” - Richard Branson As more and more attention is paid to health initiatives, Netherlands…
Crowley Maritime Corporation has promoted Mark Miller to vice president, corporate and marketing communications, within Crowley’s corporate services group. Miller directs all aspects of internal and external communications around the world for Crowley and its commercial subsidiaries…
Libya's recognized government warned its security forces would seize any tankers approaching the Ras Lanuf terminal without permission, saying any attempt to make oil deals with the rival government in Tripoli would be 'piracy'. The warning…
Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens saysShipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been…
Long time vice president of Trinity Yachts to help shape the future of Harvey Gulf William S. Smith III (Billy) has been named Chief Operating Officer (COO) of Trinity Yachts effective immediately. The announcement was made today by Shane Guidry…