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Sureclean Added to NRC Group

Mar 10, 2014

National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions…

MTN Launches Social Media Threat Intelligence

Mar 10, 2014

MTN Government (MTNGOV), a subsidiary of MTN Communications (MTN) and a company in satellite communications, cybersecurity and integrated intelligence, surveillance and reconnaissance (ISR) solutions serving U.S. DoD and civilian agencies worldwide…

Moore Stephens Urges Changes to UK Tonnage Tax

Mar 10, 2014

International accountant and shipping adviser Moore Stephens has made representations to Her Majesty’s Revenue & Customs (HMRC) about changing the way in which the written-down values of vessels are calculated under the U.K. tonnage tax rules…

Aquina Named CEO at Hertel

Mar 10, 2014

Hertel hereby announces that Victor Aquina, currently Managing Director of the Hertel Caspian region and the former CEO of Nacap, will be appointed as CEO of Hertel as of 1 April 2014. He will succeed Paul Broekhuijsen who will leave the company as of April 1…

Intelsat Celebrates 50th Year

Mar 10, 2014

Intelsat S.A., a provider of satellite services, launched the commemoration of the company's 50th anniversary and the founding of the commercial satellite sector.  Signaling its continued commitment to setting the pace for the next generation…

Ribcraft Launches New Website

Mar 10, 2014

Ribcraft, has  announced the successful launch of their redesigned website, www.ribcraftusa.com.  The new interactive site features responsive design with simplified navigation, providing quick and easy access to critical and pertinent model information across all platforms and devices…

Ocean Rig Commences Tender Offer

Mar 10, 2014

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject…

Two Ocean Shipping Companies to Pay $3.4M

Mar 10, 2014

Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today…

ISS Appoints Ferguson VP, Cargo Solutions

Mar 10, 2014

Inchcape Shipping Services (ISS), a maritime services provider, announced a new hire within its Cargo Solutions division, with the appointment of Michael Ferguson as Vice President, Cargo Solutions, Terminals and Port Infrastructure.With…

Lee Recognized with Royal Danish Award

Mar 10, 2014

The Danish Export Association’s Diploma, and His Royal Highness Prince Henrik’s Medal of Honor, was awarded to VIKING Life-Saving Equipment’s Korean representative, J.W. Lee, for close to thirty years’ of successful business partnership.The recipient of the Danish Export Association’s Diploma…

Jona Takes Over as SVP at Cobham SATCOM

Mar 10, 2014

Cobham SATCOM has appointed Paul H. Jona as its new Senior Vice President (SVP). Starting March 03, 2014 Paul will work alongside incumbent SVP Walther Thygesen. After completing seven years of service as CEO of Thrane & Thrane A/S, and since July 2012 heading up Cobham SATCOM as SVP…

Russian fleet at heart of Ukraine crisis

Mar 10, 2014

Many of fleet's ships are old, destined for scrap; Fleet is due to get new submarines, ships, aircraft. Ships used in Ukraine crisis, against Georgia, off Syria.By Andrew OsbornGently bobbing up and down in the sheltered waters of the Bay of Sevastopol in Crimea…

Landmark Legal P&I Ruling: LOU Constitutes Limitation Fund

Mar 10, 2014

In an important decision for the P&I industry, on 6 March 2014 the Court of Appeal has ruled that a Limitation Fund can now be constituted by way of a Letter of Undertaking ('LOU') given by a P&I Club, as opposed to a cash payment into court…

UASC Ups Mega-Container Ship Order to 17

Mar 10, 2014

United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels…

Skating on Thin Ice: Great Lakes Coast Guard Remains Active

Mar 10, 2014

Two men are rescued after their snowmobiles crashed through the ice about a mile offshore on Saginaw Bay near Bay City, Mich., and meanwhile the Coast Guard continue their efforts to keep the users of the ice-bound Great Lakes safe by gathering ice depth data…

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