Brent crude rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, while prices for U.S. oil fell after a report showed a huge build in stockpiles in the world's largest oil consumer.Ukrainian government forces and…
Specialist marine insurance intermediary Seacurus has welcomed the agreement to include in the Maritime Labor Convention unpaid crew wages in the event of abandonment, and has called for the earliest possible implementation of draft proposals…
InterMoor, an Acteon company, has appointed Duncan Cuthill as general manager of InterMoor Marine Services Ltd in the U.K.Cuthill will report directly to Alan Duncan, managing director of InterMoor, and will be responsible for InterMoor Marine Services in the U…
U.S. Transportation Secretary Anthony Foxx recently appointed Port of Cleveland President and CEO Will Friedman to the Marine Transportation System National Advisory Council (MTSNAC).Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms…
Apostleship of the Sea port chaplains and ship visitors are increasing their efforts to support the lives of seafarers at Easter with practical help and also at this time the chance to celebrate their faith at the height of the liturgical year…
The Ningbo Nottingham International Academy for Marine Economy and Technology (IAMET) has been officially launched at a ceremony at The University of Nottingham Ningbo China (UNNC).A partnership between The University of Nottingham, Wanli Education Group and Ningbo Municipal Government…
Russian Maritime Register of Shipping (RS) took part in the 10th Annual Arctic Shipping Forum in Helsinki, Finland, April 8-10, 2014.Special requirements for Arctic class ships have become one of the most discussed issues within the international maritime community…
Almost 300 people were missing after a ferry capsized off South Korea on Wednesday, despite frantic rescue efforts involving coastguard vessels, fishing boats and helicopters, in what could be the country's biggest maritime disaster in over 20 years…
A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts, reports trade association Maritime London.Indemnity insurers…
Benchmark Brent oil rose slightly on Tuesday after news that Ukrainian armed forces launched military operations in the east of the country, but crude futures encountered headwinds from the prospect of rebounding oil exports from Libya and the expiration of the front-month contract…
His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World has been invited to speak at the London Summit of Leaders, organized by the Europe Business Assembly from April 15-17, 2014 at the prestigious and historic premises of the British Institute of Directors in London…
Kanoo Machinery, a member of The Kanoo Group received the DP World, UAE Region’s Top Vendor for 2013 during the awards ceremony held recently at Jebel Ali port, Dubai. This is the second consecutive year that Kanoo Machinery earned the top honor…
Shipowner liability on the horizon as Denmark ratifies international instrumentThe Nairobi International Convention on the Removal Wrecks will enter into force on April 14, 2015 following the deposit, on April 14, 2014, of an instrument of ratification by Denmark…
Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002. He will simultaneously step down as Managing Director of the Yanmar Co…
Noble Energy Inc said Chief Executive Charles Davidson plans to retire on May 1, 2015 and that it intended to appoint Chief Operating Officer David Stover as his successor in October.Davidson will serve as the oil and gas producer's chairman until the company's annual meeting in 2015…