France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company…
James Drewry, Treaty/Program Property Underwriter at Munich Reinsurance America, Inc., as well as a former Inland Marine Underwriters Association (IMUA) Chairperson, was presented with a Lifetime Achievement Award by the Association at its 84th Annual Meeting…
Russian Maritime Register of Shipping took part in the sixth international specialized exhibition Transport Logistic China 2014, in Shanghai from June 17-19. This exhibition brings together experts in the field of transport, logistics, telematics…
Dan-Bunkering (America) Inc. announced that Evgeni T. Nordberg joined the company as a Senior Bunker Trader, appointed May 1, 2014. “Evgeni has vast knowledge of international bunkering business. He is Bachelor in Economy and Administration and has a degree in Finance…
Citing a lack of preparation, bad weather and a mechanical breakdown as three important factors, the TSB today released its investigation report (M13N0001) into the loss-of-tow by the tugboat 'Charlene Hunt' of the [passenger ship] 'MV Lyubov…
The Council of the International Maritime Organization (IMO) informs it decided at its recent meeting to award the International Maritime Prize for 2013 to Dr. José Eusebio Salgado y Salgado, Mexican academic and author of the Manual de Derecho…
The crew of the DFDS ship Britannia Seaways receives the award for the courage displayed in a vehement fire on board in 2013.On Thursday, the IMO Council agreed to present the internal Award for Exceptional Bravery at Sea to the Captain and crew on board the DFDS ship Britannia Seaways…
The American Club reported progress during 2013 at the annual meeting of its members held in New York today. Despite difficult business conditions, including those intrinsic to an anemic maritime sector hampered by faltering growth in global trade…
Rear Adm. Timothy C. Gallaudet relieved Rear Adm. Brian B. Brown as commander of the Naval Meteorology and Oceanography Command (NAVMETOCCOM) in a traditional change of command ceremony held June 18 at Stennis Space Center. Gallaudet was promoted…
The IMO Council has endorsed a proposal by IMO Secretary-General Koji Sekimizu to adopt “Maritime education and training” as the World Maritime Day theme for 2015.Addressing the IMO Council, meeting for its 112th session at IMO Headquarters in London…
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding China’s decision on the proposed P3 Network:The People’s Republic of China has rejected the P3 Vessel Network Sharing Alliance based on the competition concerns in the Asia-Europe shipping market…
Portugal’s second shipping register, the International Shipping Register of Madeira (MAR), is currently the strongest-growing flag in Europe.In the last six months, MAR’s fleet has increased by more than 60 new vessels representing net growth of 130% in terms of tonnage…
Marine insurance intermediary Seacurus has called for enforcement of Port State Control regulations in the lead-up to adoption of amendments to the Maritime Labour Convention 2006 designed to protect seafarers who have been abandoned or injured on the job…
February 20, 2014 not only marked the end of The Standard Club’s financial year, but also revealed evident improvement. The club’s combined ratio strengthened to 101%, from 113% in 2013. Gross premium income net of reinsurance increased by $22m to $253m…
Yangzijiang Shipbuilding Holdings Limited announced that yesterday was a “momentous” for the group, as senior Chinese officials paid visit to Yangzijiang’s shipyard and the group’s chairman received the Outstanding Entrepreneur Award by the Chinese Enterprises Association…