Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.Hayward is on a shortlist with Roger Agnelli…
As part of the European Union’s drive to streamline and standardize the reporting formalities for ships arriving in and/or departing from ports of the Member States, it has introduced wide-ranging legislation. EU Directive 2010/65/EU, commonly known as the Reporting Formalities Directive…
Two buyout groups have made final offers for the heat exchangers division of German industrial machinery and process engineering group GEA , one of which could be picked for exclusive talks within days, three people familiar with the matter said…
The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its first extradition on antitrust charges.Romano Pisciotti, a former executive with Italy's Parker ITR SRL…
Russia's top natural gas producer, Gazprom, will eventually lose more than it gains from raising the gas price for Ukraine by 80 percent, analysts said on Friday, predicting Kiev would cut purchases and fail to pay in full.Gazprom on Thursday announced a price rise for Ukraine to $485 per 1…
Findings of the fifth Annual Review of the Hellenic Observatory of Corporate Governance (HOCG) about the presence of the Women in the Board of Directors (BOD) of Greek Maritime Listed Companies show that women hold less than 5% of BOD positions…
U.S. Transportation Secretary Anthony Foxx today announced the appointment of 10 new members to the Marine Transportation System National Advisory Council (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms…
BIMCO has revealed the list of finalists for their first ever set of awards for the shipping industry. The new awards, being presented on the day of BIMCO’s Annual Conference in Dubai, have been created to celebrate and draw attention…
Maine Maritime Academy faculty member, Dr. George Harakas, has coauthored a patent with colleague and business partner, Scott Eaton, for glycerol-containing fuel aimed at reducing emissions in large diesel engines. The two are members of the…
U.S. EPA has served subpoenas in connection with the investigation into potential violations of MARPOL Annex and the Act to Prevent Pollution from Ships (APPS) following the coming into force of the North American Emissions Control Area (ECA) on 1…
The U.S. Coast Guard (USCG) Thursday released the report of investigation into the circumstances surrounding the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, Dec. 31, 2012.A series…
Katharina Stanzel promotes industry awareness and vigilanceAt the Connecticut Maritime Association’s Shipping 2014 conference held March 17-19, WISTA USA President Alexandra Anagnostis, President/CEO of Total Marine Solutions, welcomed INTERTANKO’s Managing Director…
Wilhelmsen Ships Service (WSS) announced it has strengthened its Singapore-based management team to reflect increased levels of business and a focus on expanding service provision across the Asia-Pacific region. Hege Solstad will draw on 25…
The Denmark-based security advisory and intelligence company Risk Intelligence has acquired the Danish security advisory firm CUSTOS. The acquisition will result in a widening and strengthening of Risk Intelligence expertise for shipowners, offshore…
Mersey Maritime Group and Shipping Innovation, organizers of this year’s Maritime, Logistics and Energy (MLE) event in Liverpool, are to hold a day of high level networking designed to galvanise interest among all interested parties ahead of the big event in June…