Seoul shares finished down 5.7 percent on Friday, their biggest daily percentage loss in five weeks, with foreign investors taking flight as concerns about global economic stagnation deepened, according to a report on Reuters. Hyundai Heavy Industries…
More than 200 turn out to for Port of Long Beach Executive Director Honored by the Containerization & Intermodal Institute. The Connie Award was presented by the Containerization and Intermodal Institute (CII) to Richard D. Steinke,…
The UK P&I Club recently completed a series of three short articles which provide a user friendly guide to the mystery surrounding electronic chart display and information systems (ECDIS). These have now been consolidated into a 16-page booklet…
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the details of the partial spin off of Ocean Rig UDW Inc. Based on 408…
September 231779 - Captain John Paul Jones in Continental Navy frigate Bonhomme Richard captures HMS Serapis.1931 - LT Alfred Pride pilots Navy's first rotary wing aircraft, XOP-1 autogiro, in landings and takeoffs on board USS Langley while underway…
Overall confidence levels in the shipping industry fell to their lowest level for three and a half years in the three months ended August 2011, according to the latest shipping confidence survey by leading accountant and shipping adviser Moore Stephens…
Virtual Training and Simulator developer VSTEP will be demonstrating its new NAUTIS Port Security Awareness simulation software during the Small Vessel Threats Security Conference from 28-29 September in San Francisco. VSTEP is one of the…
The U.S. Coast Guard's GMDSS Task Force will meet Wednesday, 28 September 2011, 9:00 am at the Sanibel Harbor Resort; Fort Myers, Florida, in connection with National Marine Electronics Association Annual Conference.The agenda for that meeting can be downloaded at: http://rtcm…
Greek ship management company Almi Tankers S.A. is set to establish itself as a market front runner with the new ultralong-stroke G-type engine tailor-made for Very Large Crude Carriers.Athens-based ship management company Almi Tankers S…
InterManager, the international trade association for the ship management industry, is delighted to welcome Bibby Ship Management Ltd to its membership. Located in Liverpool, Bibby Ship Management Ltd provides a quality assured comprehensive…
Norway-based boat handling system and specialised davit supplier Vestdavit has been contracted by Mitsubishi Heavy Industry on behalf of Petroleum Geo-Services (PGS) to design and supply extra-long outreach workboat/lifeboat/FRC davits for PGS’s 5th generation Ramform new building seismic vessels…
KPI Bridge Oil is celebrating its 40th anniversary in September 2011. KPI Bridge Oil, Inc. was established in 1971 in New York as KPI Oil Associates, Inc. The company was one of the first true marine fuel broking houses in the U.S. and is today…
Hallin Marine expanded its fleet of offshore support vessels with Kendal, a multipurpose subsea vessel, with both ROV and Air Diving capability installed departs for her first project with PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) in Indonesia…
Wärtsilä won the contract to supply the waterjet propulsion system for two US Navy's Littoral Combat Ship (LCS) Independence Class vessels with an option for an additional eight ship sets expected to be exercised later. The system employs Wärtsilä's…
Imtech N.V. (IM-AE, technical services provider in Europe and on the global marine market) announces that Her Royal Highness the Queen of the Netherlands has decided to grant Imtech N.V. the right to use the designation 'Royal'.This special Predicate is awarded today by Mr…