HII's Newport News Shipbuilding (NNS) division celebrates the keel-laying of US Navy Virginia-class submarine 'John Warner'.The keel has been laid for John Warner (SSN 785), the only Virginia-class submarine to bear the name of a person…
BP requests a judge to temporarily halt claims paid out as business economic losses, claiming that many were fictitious & absurd. In a filing in federal court in New Orleans, BP stated it could be irreparably harmed because the payouts could…
The New England Institute of Technology said it will launch a new program for unemployed people in shipbuilding and other maritime high-skill trades, necn.com reported.WPRO-AM reported the program will be based at the school’s campus in Warwick and is due to start this summer…
U.K. maritime intelligence provider Dryad Maritime are to release a specialist report, ‘Special Advisory Southeast Asia: Disorganized theft to organized crime,’ which will focus on the rise of targeted hijackings in Southeast Asia.The advisory to be released on March 18…
The Sustainable Ocean Summit 2013 (SOS 2013), organized by the World Ocean Council (WOC), is an international ocean business community gathering dedicated to industry leadership and collaboration in developing solutions to ocean sustainability challenges…
The Maritime Labor Convention 2006, sponsored by the International Labor Organization (ILO) and better known as MLC 2006, will enter into force on August 20, 2013. It has been ratified by 35 nations as of the date of the preparation of this article…
Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, announced that Ron Person has joined its North American operations as director of business development for oil and gas.In his new role, Person will be responsible for…
And Why Knowing the Answer is Critical to Your BusinessOn December 23, 2012, the restrictive measures against Iran contained in Council Regulation (EU) No 1263/2012 came into force. The measures supplement those already contained in Regulation 267/2012 of March 23…
FRC International is running the first program of ‘Back To Back’ Whole Boat Vibration (WBV) courses in Canada this April.The lead for these courses is Canadian Coast Guard and Canadian Navy. These courses are part of improving sea safety and are open to all interested parties…
The Office of Foreign Assets Control (OFAC) has amended the Iranian Financial Sanctions Regulations to implement various statutory changes. The amendments come into effect immediately. 78 Fed. Reg. 16403Story courtesy of www.brymar-consulting.com.
The Department of the Interior (DOI) issued a press release stating that the assessment of Shell’s 2012 Arctic operations has been completed. The Report found that Shell entered the 2012 drilling season without having finalized key components of the program and did not maintain strong…
Managing the risks associated with a new ship acquisition, whether commercial or military, can be a daunting process. For the commercial operator, the new ship must make a reasonable profit after the cost of design and the annual operating costs are accounted for…
The Stifel Logistics Confidence Index increased for the fifth consecutive month in March according to the latest survey undertaken by Transport Intelligence. The index for the current and expected situation combined was up 0.4 points to 52…
NOL Group has announced the appointment of Senior Counsel Mr Alvin Yeo to its Board of Directors. Subject to shareholders’ approval at NOL’s Annual General Meeting on 18 April 2013 (“AGM”), Mr Yeo, Senior Partner at WongPartnership LLP…
Bunker Holding is pleased to announce that as from 1 January 2013 Linda Goh has been appointed as Regional Credit Manager - Asia. Linda has more than 14 years of experience in credit management and analysis in the Asian and global markets…