A passenger ship carrying 458 people sank in the Yangtze River in central China after encountering what the rescued captain said was a storm and strong winds, the government’s Xinhua News Agency reported. The ship, which departed from the…
Hybrid propulsion systems and connected ship solutions are emerging technologies that are gaining ground faster than expected, according to Tor E. Svensen, CEO DNV GL – Maritime, giving an update on the classification society's Shipping 2020 report…
Pangaea Logistics Solutions has received extensions for two contracts of affreightment (COA) for dry bulk materials, which it says will generate up to $22m in revenue over the next three years. The extended contracts will also optimally position Pangaea vessels for backhaul routes…
The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect. According to the company, the transaction is done at market terms and will improve the cash position for the Group…
Two Indian Navy warships of the Indian Navy’s Eastern Fleet which has recently participated in SIMBEX with Singapore reached Jakartha as part of their operational deployment. The an operational deployment to South East Asia and Southern Indian Ocean of…
A new Seafarer Wellness Program, made possible by a grant from the New York Community Trust, continues the Institute’s efforts of providing seafarers with support services in port. In 2014, the Seamen’s Church Institute (SCI) began collaborating…
A dockworkers strike at Peru's biggest port, Callao, has hit imports of basic goods in the Andean country and will likely stoke inflation, the main exporters association said Monday. The 18-day strike has nearly frozen activities at the…
Aker Arctic Technology Inc has acquired full ownership of Canadian based company Akac Inc, which is known in the oil and gas industry for its involvement in the Arctic offshore projects and operations. According to Aker Arctic Technology…
Clyde & Co has announced that Conte Cicala, a maritime attorney, has joined the firm as a partner in its market-leading maritime group. Cicala will be based in the firm's San Francisco office, further deepening and expanding the firm's shipping practice along the West Coast…
DNV GL rewarded three engineers for their scientific research at Nor-Shipping today and presented them with the DNV GL Award for Young Professionals. This year’s theme was finding innovative ideas for increasing safety, efficiency and sustainability in the maritime industry…
AML Ship Management GMBH, a German company, was sentenced in federal court today to pay a total of $800,000 in fines and community service payments for violating the Clean Water Act and the Act to Prevent Pollution from Ships by intentionally discharging 4…
International law firm Pinsent Masons has appointed leading litigator Bruce Craig to join its 30-strong oil and gas team in Aberdeen.He will head up the firm's litigation and regulatory practice in Europe’s oil capital, focussing on contentious issues in the oil and gas…
The newly listed fuel cell company PowerCell Sweden AB (publ) has appointed a new CFO. Karin Nilsson assumes her new position in August 2015.Nilsson joins PowerCell from vehicle digital market place KVD Kvarndammen AB, where she has served as CFO since 2010…
Global Diving & Salvage, Inc. announced the expansion of its California regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global’s core service lines: marine construction…
PPG Protective & Marine Coatings (PMC) has appointed Richard Holliday as Global Director - Hydrocarbon PFP (HC-PFP) succeeding Paul Greigger who has retired after 36 years of service. Holliday, a mechanical and offshore engineer by training…