IEA report sees a transformed market, with supply more responsive to prices than in the past – and demand less so The recent crash in oil prices will cause the oil market to rebalance in ways that challenge traditional thinking about the responsiveness of supply and demand…
Glander International Bunkering has hired Carina Baekkegaard as senior bunker and lubricant trader at the company’s Dubai office. Baekkegaard joins Glander International Bunkering with technical and physical supply knowledge from several years of experience in the bunkering industry…
U.S. West Coast port operations resumed in full on Monday after shipping companies halted loading and unloading of freighters for the weekend, citing chronic cargo backups that shippers and dockworkers have blamed on each other during months of labor tensions…
The crew of Coast Guard Cutter Alex Haley returned to Kodiak Sunday following a successful 70-day deployment patrolling more than 10,800 miles throughout the Bering Sea and Aleutian Islands.Alex Haley, known as the “Bulldog of the Bering…
The Board of Directors has approved a new long-term incentive programme for key personnel of Cargotec for 2015 - 2018. The programme is similar in form to the one approved one year ago covering 2014 - 2017. The purpose of the programme is to increase Cargotec's profitability…
The IMO has now agreed on training requirements for seafarers navigating Arctic and Antarctic waters. The requirements are to enhance safety of navigation in polar areas and to ensure that the crew is prepared for the special conditions.Last week…
Yacht races between Hong Kong and Macau will take place on 19 February 2015 (Thursday) and 21 February 2015 (Saturday). About 20 sailing boats are expected to participate in the races.The outbound trip from Hong Kong to Macau will start…
There is no question that Viking Ocean Cruises is launching an exceptionally innovative series of new ocean-going vessels, layered on its successful series of river cruise vessels, notably the Viking Longships. This list of innovations is a long one…
Fortis Inc. will host its inaugural U.S. Investor Day on Wednesday, April 1, 2015 in New York. The following senior executives will provide an overview and update on Fortis operations, recent developments and strategic outlook:• Barry Perry…
Vard Holdings Limited will release its results for the fourth quarter and full year ended 31 December 2014, before market opens on Friday, 27 February 2015.Senior management will host a results teleconference, details of which are as follows:Date : Friday…
10 Huntington Ingalls Industries (HII) employees from the company's Newport News Shipbuilding and Ingalls Shipbuilding divisions were recognized for achievements in the science, technology, engineering and math (STEM) fields during the 29th…
As the International Maritime Organization (IMO) furthers measures for controlling onboard noise and vibration levels in the interest of passengers and seafarers’ health, it has become increasingly important for the shipyards and design houses…
Andrew Sheen has been appointed by the Irish Continental Group (ICG) to the position of Managing Director of its Irish Ferries division. Sheen will assume his new role with effect from the beginning of April, reporting to ICG’s CEO, Eamonn Rothwell…
The Passenger Vessel Association (PVA) elected Dave Anderson of Fire Island Ferries, Inc. as the 2015 PVA President during the group's annual convention in Long Beach, CA, the PVA announced today. The group also elected Margo Marks of Beaver Island Boat Company in Charlevoix…
Fluid flow technology developer Asahi/America, Inc. announced the addition of George Tenhagen to its sales team today.Tenhagen, who will represent Asahi/America in Florida, Georgia and Alabama, was the area manager of facilities engineering…