Many corporate strategy articles start by reminding readers that “the Chinese character for risk and opportunity are the same.” Unfortunately, capital providers – especially those layering in debt to shipping company balance sheets – do not see things that way…
New Orleans -- Today the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration’s ongoing focus on expanding safe and responsible production of our domestic energy sources…
UTEC Survey has announced deals worth $3 million.UTEC Survey operates from Houston, Aberdeen, Rio de Janeiro, Calgary, Perth, Singapore, St. John’s, Naples and Dubai and has just announced the two contracts which see the utilization of additional vessels in West Africa and the Arabian Gulf…
Nupas-Cadmatic has started cooperating with Sea Tech Engineering Company to represent Nupas-Cadmatic in the Povolski FD. Sea Tech is located on the outskirts of Nizhniy Novgorod, a city well known as the “The capital of Large Volga”, due to its density of shipyards…
GCT Global Container Terminals Inc. announces new Chief Financial Officer.Michael E. Moore, President and CEO of GCT Global Container Terminals Inc. is pleased to announce the appointment of Chris Davies to Chief Financial Officer effective June 4…
Stork Technical Services won the ‘Associate Member’ prize at this year’s IADC North Sea Chapter (NSC) Annual Safety Awards.The award recognises an Associate members’ safety achievements over the past year which can include launching schemes to improve safety performance…
A renewed effort to encourage the building of a replacement ‘Royal Yacht’ has been put on the table by yachtsman and retired advertising entrepreneur Ian Maiden. Replacing the Britannia which was decommissioned in 1997 is a controversial subject and has had enthusiasm…
UK based ECDIS training & consultancy company, ECDIS Ltd, celebrate two years of awarding a HDMM sponsored monthly prize to studentsUK based ECDIS training and consultancy company ECDIS Ltd are celebrating over two years award of the Honourable…
Russian cruiser sealed off from the sea to allow final demolition An excavation pier around the Russian warship Murmansk that took three years to build has now been sealed, and within weeks the contractor will start the final phase of demolishing the old battleship…
China will launch three more satellites for its Beidou GPS system The Third China Satellite Navigation Conference in progress in Guangzhou, South China’s Guangdong Province, with satellite experts, government officials and business executives from China…
Greenpeace Nordic intercepts Shell icebreaker to in attempt to thwart Arctic drillingGreenpeace Nordic activists have intercepted at open sea and boarded a Shell-contracted icebreaker, the Nordica, to continue its protest against the oil major’s…
A new satellite will be used by Weathernews to provide navigational information, ice monitoring, for commercial vessels in the Arctic OceanThe 10-kg cube-shaped satellite, jointly developed by Tokyo-based AXELSPACE Corp.and Weathernews, is…
America's Cup yacht racing returns to the US with inaugural series championship to be determined in Newport, Rhode IslandAmerica’s Cup racing returns to the United States next month when the AC World Series brings nine of the top sailing crews in the world to Newport…
Crowley Maritime Honored with Award for Charitable Efforts from SUNY Maritime College; Award Recognizes Crowley’s Continued Commitment to Education. Crowley Maritime Corporation was recently honored for its charitable efforts with an award…
WESMAR Stabilizers ‘Likely Saved Our Lives’ Says Captain of 45-Foot Tug. For some, modern technology adds to entertainment and pleasure. Captain Robert Elves believes modern technology actually saved his life in this amazing story about a harrowing crossing on his Tugboat Ernest Hemingway…