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Telemar Appointed Reseller for Inmarsat

Apr 29, 2014

Inmarsat has signed an agreement with Telemar SpA, appointing the specialized managed satellite services provider as a Value Added Reseller (VAR) for Global Xpress, serving the Government market in Europe.Andy Start, President, Inmarsat Global Government Services…

Forum Draws Attention to the Perils of Packing

Apr 29, 2014

Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…

China Secures Abu Dhabi Oil Field Deal

Apr 29, 2014

China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel for its rapid economic growth. State-run CNPC has expanded over the past decade to over 30 countries…

Statoil Reports Robust Q1

Apr 29, 2014

Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…

Oil Rebounds Towards $109

Apr 29, 2014

Oil rebounded towards $109 a barrel on Tuesday a day after prospects of a return of Libyan supply prompted its biggest daily fall in nearly a month although investors showed muted response to more U.S. sanctions on Russia. Libya's National…

US Coast Guard Foundation Presents US$400,000 Check

Apr 29, 2014

Anne Brengle, president of the Coast Guard Foundation, presented the check to Rear Adm. Fred Midgette, commander of the Coast Guard 9th District at a ceremony in Cleveland.The presentation of the check was held at the Great Lakes Science Center in Cleveland…

Analysts Strive to Price New Eco-Shipping Measures

Apr 28, 2014

“Think of a number. Any number will do, so long as it is very big. Then double it. The answer is likely to be as accurate as any supposedly informed estimates currently circulating in the shipping sector about the likely size of the industry’s…

PwC: Transport, Logistics Starts 2014 Subdued

Apr 28, 2014

First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activityMerger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total…

CMA CGM Children’s Foundation Call for Proposals

Apr 28, 2014

The CMA CGM Corporate Foundation for Children launches its second call for proposals intended for associations involved in the service of underprivileged children in the PACA region and in Lebanon.Founded in 2005 and chaired by Naïla Saadé…

ISO/PAS 28007 a Factor for Maritime Security Companies

Apr 28, 2014

Almost 50% of the shipping companies who took part in a maritime security survey carried out by GoAGT would only employ ISO/PAS 28007 certified companies. The leading maritime security company, which achieved this certification earlier…

Wallem Appoints Stefanou Global Technical Director

Apr 28, 2014

Wallem Group has appointed Ioannis (Yanni) Stefanou as Global Technical Director of Wallem Ship Management to lead the business as it positions itself for continued growth. Stefanou will lead the Group’s technical teams in Hong Kong, Singapore and Europe (Hamburg) in delivering reliable…

Royal Caribbean Profit Plunge

Apr 28, 2014

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said its quarterly profit fell by two-thirds as costs rose and six cruises were canceled or shortened due to several mishaps.Shares of the company, whose cruise lines include Royal Caribbean International…

Obituary: Wesley Wheeler, 1933-2014

Apr 28, 2014

Wesley D. Wheeler passed away on April 18 in Stamford, Connecticut. He was 80 years old. He was laid to rest in Cyprus Hills Cemetery in Brooklyn, N.Y.Wheeler was an active member of the marine community for 60 years. He lived and worked…

LOC Group Furthers Growth in Asia

Apr 28, 2014

LOC Seoul opens, Korean country manager appointed London Offshore Consultants, a global company in marine and engineering consultancy for the shipping and offshore energy sectors, has further expanded its footprint in Asia, successfully registering…

Drydocks World Announces Safety Milestones

Apr 28, 2014

Drydocks World & Maritime World group said it reiterated its commitment to Occupational Health & Safety during World Safety & Health Day on April 28, 2014. Several awareness programs and competitions were organized for employees on this day in Drydocks World…

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