A family of four rescued from their sailboat after the youngest of two children became seriously ill are due to return to California on Wednesday aboard a U.S. warship that picked them up over the weekend, Navy and Coast Guard officials said…
PACC Offshore Services Holdings (POSH) is looking to raise between $304 million and $334 million in a Singapore listing, according to a term sheet seen by Reuters.POSH, which is part of the empire of Malaysia's richest man, Robert Kuok, operates a fleet serving offshore oilfields in Asia…
Larry Porter, Master Trainer at Mississippi Gulf Coast Community College, was the recipient of the Gulf States Shipbuilders Consortium’s 2014 Navigator Award. Each year, GSSC honors an individual who has displayed outstanding leadership or made…
Capilano Maritime Design Ltd., a naval architecture design firm based in North Vancouver, BC, Canada, announced that John Shaw has joined the firm as Manager of Engineering.For the last six years, John was employed at Seaspan Shipyards where…
Wellsite Rental Services, LLC (WRS), a comprehensive, rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Rex Ferrier as vice president - Texas operations. Ferrier joins Wellsite…
NCS Survey, an Acteon company, has appointed Simon Goldsworthy as business development manager in its Aberdeen office.Goldsworthy will be responsible for building relationships with existing and potential clients and growing NCS Survey’s presence in the offshore industry globally…
Former Marine Hose Executive Extradited from Germany to Face Charges of Participating in Worldwide Bid-Rigging Conspiracy.Romano Pisciotti, an Italian national, was extradited from Germany on a charge of participating in a conspiracy to suppress and eliminate competition by rigging bids…
Hariga, Zueitina ports expected to open first Deal calls for more talks on larger terminals (Adds context, background, oil prices)Libya's Zueitina oil port prepared on Monday to load crude on tankers after the government reached…
A subsidiary of Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding purchase & sale agreement to acquire Tropical Shipping and its related companies.…
Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be paid out if shipbuilders fail to deliver on time.One in three ships ordered from Chinese builders was behind schedule in 2013…
33 of AdvanFort 35 are released for good on Saturday 33 of the 35 guards who have come to be known as the ‘AdvanFort 35’ were released from prison for good on Saturday, the judge ordered. They were released on bail last week, and today the judge ordered them to be freed…
Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.Hayward is on a shortlist with Roger Agnelli…
Two buyout groups have made final offers for the heat exchangers division of German industrial machinery and process engineering group GEA , one of which could be picked for exclusive talks within days, three people familiar with the matter said…
Findings of the fifth Annual Review of the Hellenic Observatory of Corporate Governance (HOCG) about the presence of the Women in the Board of Directors (BOD) of Greek Maritime Listed Companies show that women hold less than 5% of BOD positions…
U.S. Transportation Secretary Anthony Foxx today announced the appointment of 10 new members to the Marine Transportation System National Advisory Council (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms…