Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Sanctity, a 110,000 DWT LR2 tanker, from Sungdong Shipbuilding & Marine Engineering Co…
SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1,483 million (2014: USD 1,378 million) and its time charter equivalent revenue rose by 18…
Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016. The buyout will enable GlobalSim to focus on its core port crane…
Protea, a deliverer of offshore handling equipment including cranes, winches and launch and recovery systems to global customers working in the on-shore and offshore energy industries, says its success in the turn-key engineering, production…
More space for container trade growth through Melbourne with DP World Australia expansionDP World Australia's new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax site, was commissioned on Tuesday (15 March 2016),…
DNV GL’s new LNG intelligence portal (LNGi) aims to bring stakeholders from across the LNG industry together to share market intelligence and contribute to the uptake of LNG as a ship fuel. Leading LNG suppliers and engine manufacturers including…
On Wednesday, the Washington State Transportation Commission announced that the fourth ferry in our Olympic Class will be named Suquamish. Ferry names were suggested through a public process, and narrowed down to three for the Commission’s consideration…
At a special press event held at the Palm Beach International Boat Show, MarineMax announced today that they are expanding into yacht management, crew placement and charter of luxury megayachts. Bob Saxon Associates, has joined MarineMax as…
The Bureau of Safety and Environmental Enforcement (BSEE) and The National Aeronautics and Space Administration (NASA) have announced a five-year agreement allowing BSEE to capitalize on the best risk management approaches from the aeronautics…
The Indonesian government has ambitious plans for major infrastructure projects in the near future in order to give a massive boost to the country’s economy, already the largest in South-East Asia. Its shopping list includes among other things…
Trelleborg’s marine systems operation hosted an exclusive one-day seminar for port authorities and consultants in partnership with the company’s exclusive agent for Greece, Seamark Marine on 1st March at the Metropolitan Chandris Hotel in Athens…
A number of reporting and operational errors caused the list and grounding of Höegh Osaka on January 3, 2015 according to an investigation by the Marine Accident Investigation Branch, UK.The report into MAIB’s investigation of the listing…
Cosco (Nantong) Shipyard, a subsidiary Cosco Shipyard Group Co, has won an order to build one self-elevating workover unit for an Asian shipowner, with an option for one more similar unit. Cosco Nantong and the ship owner have agreed to keep the contract price confidential…
Ocean Installer will undertake flexible jumper replacement operations for Norwegian operator Statoil at the Vigdis field, says a statement from the company. Ocean Installer will see it perform subsea work. The company said the option falls…
iSURVEY Group, a leading provider of survey and positioning services to the global oil and gas and telecommunications sectors, has boosted its North Sea presence following a number of contract wins and the appointment of a new business development manager…