Tim Holt, Head of Intelligence at Special Contingency Risks (SCR), part of the Willis Group, gives his reasons, suggest remedies. • “Piracy is the second largest generator of income in Somalia, yielding an estimated $200 million annually…
Drewry launches new equity research business with DP World investment report. Drewry, the renowned maritime research and advisory firm, announces the launch of a new brand, Drewry Maritime Equity Research, to further expand its portfolio of specialist products and services…
Maersk, NOAA, SUNY Maritime College and the American Salvage Association winners of NAMEPA’s Marine Environment Protection Awards; 5th Anniversary Awards dinner on November 14th follows Environmental Intelligence in Maritime Conference. Clay Maitland…
Consequences of US Ports’ Closure The Strike Club has warned that if the looming threat of a stevedores’ strike at 14 ports along the US east and Gulf coasts becomes a reality, it could be the precursor of further labour unrest, not only in the US but elsewhere…
Wärtsilä Hamworthy has won a contract with Hyundai Mipo Dockyard to supply cargo handling equipment and engineering to four medium size carriers for Antwerp-headquartered Exmar Shipping SA.Each of the 38,000 m³ capacity vessels will be delivered from the first quarter of 2014 onwards…
Newcastle-based facilities engineering company, Fabricom Offshore Services, announced that it has been awarded a major contract valued at more than £1million by EnQuest Britain Ltd, one of the UK’s leading independent oil and gas players. Fabricom…
In keeping with Mustang Survival’s commitment to the highest levels of quality and safety, we are notifying the public of an urgent advisory for specific Hydrostatic inflatable PFDs manufactured during April and May of 2012. A portion of these PFDs may be subject to delayed or non-inflations…
Wärtsilä Hamworthy contracted by Hyundai Mipo Dockyard for cargo handling equipment & engineering for four Exmar Shipping SA gas carriers.Wärtsilä Hamworthy’s scope of supply will include cargo related engineering including deck tank engineering…
Russian-built 'Kilo-class' diesel-electric submarine repaired by Iranian engineers after original builders declined the work.Iran has returned a Russian-built Project 877 class (NATO Kilo) diesel-electric submarine to the waters of the Persian Gulf following a refit…
Shipbuilders at Baltiisky Yard starts the construction of Russia’s biggest and most modern diesel-engined icebreaker.The start of construction was marked by a ceremony at the Baltiiksky Yard in Saint Petersburg, Russia.According to the ship designers Petrobalt…
Gulf Island Marine Fabricators to construct a 335-Class semi-submersible for Montco Offshore.Gulf Island Fabrication, Inc.subsidiary, Gulf Island Marine Fabricators, L.L.C. is to fabricate the 185 feet long by 135 feet wide by 15 feet deep…
Erik Bethel, of SinoLatin Capital addressed the question at recent Latin America China Investors Forum in Shanghai.Amidst much speculation regarding the slowdown of China’s GDP, with 2012 estimates likely to fall below 8%, SinoLatin Capital…
A crew of six British and Australian adventurers will re-enact Sir Ernest Shackleton's epic Antarctic small boat voyage.With only four months to go before the 'Shackleton Epic' adventure gets underway, a significant milestone has been reached…
Inmarsat's IsatPhone Pro alerts rescue services to assist passengers of a disabled Java Sea passenger boat.Australia Maritime Safety Authority's (AMSA's) Rescue Coordination Centre (RCC Australia) was contacted by Australian Federal Police…
Watt&Sea Hydrogenerators produce power with a water turbine housed in a computer-optimized hydrodynamic design.Once a sailboat has left the docks, is totally isolated from utility (grid) power. The production of energy on any boat is crucial to powering communications…