MTU Friedrichshafen GmbH & Spanish repair shipyard Marina Barcelona 92 (MB92) agree cooperation on work and refit of MTU yacht engines.The agreement establishes technical and commercial relationships between both parties to carry out…
Advisory Committee on Supply Chain Competitiveness to Recommend Ways to Increase U.S. Exports; First Meeting is Friday. Port of Los Angeles Deputy Executive Director for External Affairs Cynthia Ruiz has been named to the Advisory Committee on Supply Chain Competitiveness by Acting U…
John Kermet has been promoted to the position of chief operating officer at Seakeeper. He previously served as VP of sales, marketing and service for the California, Maryland-based manufacturer of gyro stabilization systems. Seakeeper co-founder and CEO Shep McKenney made the announcement…
Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012…
KPI Bridge Oil, a global bunker broker and trader has appointed Mrs. Christel McLoughlin as Director of Risk Management products. Christel will be based at KPI Bridge Oil’s Headquarter in London.Christel McLoughlin who is a French national…
Jee Ltd, an indepenedent multi-discipline engineering and training firm, has announced further plans for expansion to accommodate the company’s growth strategy and the creation of 150 new jobs in the UK.The company which provides a complete…
The CPE Certified Port Executive Program welcomed four new graduates at the completion of their program in Ottawa September 21, 2012. Receiving certificates were: Jean-Claude Dugas, Vice President Finance, Logistec Corporation…
The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage.KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip…
Several Greek coastal shipping firms have resorted to chartering their ferries on foreign routes in order to secure some liquidity and continue operating.Companies believe that their smooth operation is being threatened by the negative course…
Container carriers can recover from the losses they suffered in recent price wars by adopting more disciplined business practices, says a new report.The recently published report by The Boston Consulting Group (BCG) is titled 'Charting a…
Ocean Rig UDW Inc. sign contract for Samsung Heavy Industries to construct a 7th Generation Ultra Deepwater (UDW) Drillship.This 7th Generation drillship is a sister ship to the three currently under construction at Samsung, and is scheduled to be delivered to the company in January 2015…
Wärtsilä wins contract to supply AQUARIUS® UV ballast water management systems to four Tidewater Marine Platform Supply Vessels (PSV).The scope of supply for the vessels, due for delivery from the COSCO (Guangdong) Shipyard in 2014, includes four 250m3/hr capacity Wärtsilä AQUARIUS®UV BWMS…
The service base, situated in Labuan, Malaysia, is to support all installed and future shallow and deepwater projects within the Asia Pacific region.An opening ceremony was held recently at the new site and was officiated by Dave Hutchinson…
Cargo transport between Asia and Europe on the Northern Sea Route (NSR) has reached the one million tons milestone.The total cargo transported on the NSR is already almost 200 000 tons more than in last year’s season, updated numbers from Rosatomflot show…
Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo.Cargill, Huntsman Corporation and UNIPEC UK, who together charter over 350 million tonnes of commodities annually…