At the Organisation for Economic Co-operation and Development (OECD) in Paris today (Thursday 21 June) the International Chamber of Shipping (ICS) will call on governments to resume negotiations on a new global agreement to eliminate market distorting measures from shipbuilding…
Concordia Maritime signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around $78.6m and…
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged…
BOURBON announces the establishment of new financing for a total of 420 million euros.The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on the other hand BOURBON’s…
Assistant Commandant for Prevention Policy Marine Safety Alert 02-12 June 20, 2012 Washington, DC:Overloaded Lifting Gear on Fishing Vessels. Recently, several catastrophic failures of masts, booms, and lift cables have occurred on purse…
New Kongsberg Maritime simulators for extensive upgrade to South Tyneside College facilitiesKongsberg Maritime has been chosen to supply a suite of upgraded navigation, engine room and Vessel Traffic Service (VTS) simulator hardware and…
During the reporting period 14 to 20 June, 2012, there have been two pirate attacks in the High Risk Area (HRA)The increase of attacks within the past week is evidence that pirate activity can still take place during the South-West Monsoon and Masters should remain vigilant to this threat…
From the Navy News Service: 1813 - Fifteen U.S. gunboats engage three British ships in Hampton Roads, Va. 1815 - Trials of Fulton I, built by Robert Fulton, are completed in New York. This ship would become the Navy's first steam-driven warship…
Marit Arnstad has announced that she will resign from her position as deputy chair and member of the board of directors in Statoil ASA (OSE: STL, NYSE: STO) effective immediately. The nomination committee in Statoil will start its search for a new board member…
The board of Braemar Shipping Services PLC (“Braemar”, “the Group” or “the Company”) is pleased to announce the appointment of James Kidwell as Chief Executive with effect from today. James Kidwell, age 50, is Group Finance Director and has worked for Braemar in that role since June 2002…
Safety experts both in and out of the maritime industry have for years been urging companies to restructure their organizational charts and erase the traditional division between Safety and Operations Departments in favor of disseminating safety responsibilities throughout operational divisions…
Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Tan Puay Chiang (陈培璋) as Independent Director on the Board with effect from June 20, 2012.Mr Tan, 65, is a veteran in the oil, gas and petrochemicals sector…
With more than 1,500 young men and women graduating from the seven U.S. maritime academies this year, employment opportunities for the class of 2012 remain plentiful, according to the American Maritime Partnership. “We congratulate the maritime academy graduates for passing the extensive U…
EU NAVFO commander, Rear Admiral Dupuis meets with Rear Admiral Mohammed Al-Farsi, Deputy Chief of Staff of the Royal Omani Navy, to discuss piracy in the regionDuring a port visit by EU Naval Force Flag Ship FS MARNE in Salalah (Oman), the…
From the Navy News Service: 1864 - USS Kearsarge sinks Confederate raider Alabama off France. 1944 - Battle of the Philippine Sea begins ('The Marianas Turkey Shoot'). 1948 - Chief of Naval Operations assigns three destroyers to U…