The U.S. oil and gas sector bled away more jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry. A roughly 50 percent drop in oil prices since June has pummeled the U…
Jack W Fisher, president of JW Fishers Mfg. passed away at home after a brief illness on February 20, 2015. He was 73 years old. The JW Fishers business was started because Fisher, an avid diver, needed an underwater metal detector to use on a salvage project in the mid 1960s…
Underestimating the security risk in the Indian Ocean could put ships in danger once again, says maritime security company MAST Ltd. “Whilst recent reports and incidents seem to be pointing to the Far East as the next piracy hotspot, the…
Zamakona Yards to deliver tuna freezer vessel Jai Alai to the Echebastar Group This Saturday, March 7, Zamakona Shipyards in Santurce will deliver its construction number 737, the tuna freezer vessel Jai Alai, to bermeo Group Echebastar…
NV Charts has moved its offices and warehousing facilities to centrally-located Deale, Maryland, U.S.In announcing the move, Hasko Scheidt, CEO, said, “As we’ve grown and need room for expansion, NV Charts has moved to new quarters in Deale…
Hella marine has appointed Paul Bartley to the position of product manager, marine. Based at Hella New Zealand, Bartley is responsible for the global marine program, including all new product development, management, pricing, inquiries and OEM custom requirements…
Funding concept promotes installation of scrubber systems by offering financing to shipowners, with returns taken from fuel price spread In a move intended to help ease the financial burden on shipowners seeking to install scrubber systems to meet sulphur emissions legislation…
Europe has a major role to play in driving the maritime industry forward, said Tor Svensen, CEO of DNV GL – Maritime, in his keynote speech on innovation at the European Shipping Week in Brussels.Svensen outlined three priority areas that…
Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, which will operate under the name IHC IQIP.IHC said the merger aims to…
Holland America Line topped the list in 2014 for the World’s Leading Weather Observing Cruise Ship Companies who submitted weather information to the National Oceanic and Atmospheric Administration (NOAA). The Holland America Line fleet of 15 ships sent in a combined total of 22…
Danelec Marine launched its new eSERVICEConnect initiative today in a move to automate and streamline shipboard service for its products worldwide.Danelec’s eSERVICEConnect is an Internet, cloud-based solution designed to provide seamless…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…
Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy, the country's investment minister said on Thursday. Egypt plans to build an international industrial and logistics hub near the canal to attract foreign investment…
A.S.A.P. Supplies has welcomed Cheryll Gill to the board of directors as Business Development Director as of March 2015. Gill began at A.S.A.P. in 2007 as an NVQ Assessor, developing working relationships with many staff which enabled her…
A special Offshore Supply Vessel (OSV) has been delivered to Shell for its deepwater operations in the Gulf of Mexico. The vessel, Harvey Energy, is chartered from Harvey Gulf International Marine and is the first of its kind in the region to run on both liquefied natural gas (LNG) and diesel…