Saipem announces that Fabrizio Barbieri has resigned from his position as a director of Saipem’s Board.Fabrizio Barbieri, a non-executive and non-independent Board member, was not part of any internal committee, and was drawn from the list…
According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits…
Four decades of remarkable progress – and the promise of more years of success – were celebrated at the 40th anniversary gala dinner of WISTA-UK, the founding body of the Women’s International Shipping & Trading Association.Leading personalities…
ARENA today announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms.The wave energy industry is emerging world-wide and there are few multiple device installations operating today…
GAC Pindar has secured a three-year extension of its contract with the global Extreme Sailing Series™ to manage the complex worldwide shipping of the Series’ Extreme 40 boats, equipment and support materials.Andrew Pindar, Director of GAC Pindar…
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.While manufacturing appears to have picked up in the world's second-largest economy…
Eni to cut over 50 pct of refining capacity; could cut excess Europe capacity by a quarter. Unions fear eventual job losses.Plans by Italian oil major Eni to slash its refining business by more than half could squeeze out a quarter of Europe's refining overcapacity…
Evergreen Shipping Agency (America) Corp. recently announced that its movements have been affected by “truck capacity issues,” which the shipper said have been brought on by a combination of contributing factors, including driver shortages, infrastructure problems…
Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10,000 tonne subsea oil storage tank, destined for west of the Shetland Islands…
As a part of President Obama’s continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau of Ocean Energy Management (BOEM) and the South Carolina Department of Natural…
Merchant mariners watched the entire World Cup Final while at sea as a result of the advanced technology of KVH’s IP-MobileCast content delivery serviceKVH Industries, Inc. said it achieved a maritime first by delivering the entire World Cup Final to more than 1…
North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today comes into effect in the U.K., a legal expert has warned.The Maritime Labor Convention (MLC)…
The Maritime Authorities of the Paris and the Tokyo Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) with the purpose to establish that watchkeeping personnel are meeting the…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that it will honor the men and women who serve in Alaska at its biennial Alaska Awards…
Many shipping companies use independent experts to conduct comprehensive ship energy surveys which are then used by owners, operators and managers to make better maintenance and operations decisions and improve energy and fuel efficiency. These…