ITIC highlighted the value of diligently pursuing the collection of shipping industry debts in today’s difficult economic climate. In its latest Claims Review, ITIC notes that a shipbroker acting for charterers was owed $25,000 in commission…
Wärtsilä Corporation releases its January to March 2013 interim financial report.Highlights of the Review Period January-March 2013- Order intake increased 22% to EUR 1,352 million (1,109)- Net sales decreased 12% to EUR 882 million (1…
Coast Guard Commandant Adm. Bob Papp testifies before two U.S. House of Representatives sub-committees on the USCG Fiscal Year 2014 budget request.At both hearings the Commandant led his opening statement with a message of condolence to the victims of the terrorism attack in Boston…
UASC announced two senior executive appointments to further position the company for its next phase of growth. The major transformation and investment program which is underway, calls for a new operating model to support the business. The appointments…
Mitsui Engineering & Shipbuilding Co., Ltd. in cooperation with Mitsui OSK Lines recently carried out a full-scale demonstrational running of electronically controlled slow-speed diesel engine for marine use burning natural gas, which is the first of its kind in Japan and is called ME-GI…
Following the launch of the IHC Beaver 65 DDSP in February, the first vessel has been sold to Advanced Construction Company, a member of the Al Geithy Group, based in Saudi Arabia. Testing was successful completed at IHC Merwede’s shipyard in Sliedrecht…
Huntington Ingalls Industries President & CEO Mike Petters keynote speaker at 11th annual Breakfast to Benefit the Children of Downtown Hampton Child Development Center.The event, held at the Hampton Roads Convention Center, is designed to…
American Waterways Operators (AWO) representing the nation’s tugboat, towboat & barge industry calls on Congress, to urge greater attention to infrastructure needs.AWO will be calling on congress April 17, 2013, during their 'Barge-In', an…
AdvanFort receives key “green light” accreditation in the Stage 1 process from Security Association for the Maritime Industry (SAMI).The company says it has achieved key certification status in the Standard Private Maritime Security Company…
Upcoming Navegistic 2013 Show will highlight exponential maritime traffic & trade growth in S. America’s Paraguay, Paraná, & Platte R. system. The September 4-6, 2013, trade fair at the Mariscal Lopez Convention Center in Asuncion, Paraguay…
Euronav reports its net loss slipped to US$ 10.7 million in the first three months of 2013, compared with US$ 9.0 million a year earlier.In its Q1 2013 financial report Euronav makes broad observations on the global tanker market as follows…
CrewInspector.com was selected by Lowland International to provide its online crew management software to Lowland group of companies. Agreement stipulates full integration of Lowland offices across the globe into single crew management system enabling to do crew management…
Adoption of, and interest in, LNG-as-fuel for ships is gathering pace but challenge is as much in safe bunkering and port operations as in ship design. LNG bunkering guidance is one of the key subjects addressed in LR’s latest Gas Technology Report…
Petrofac Training Services (PTS), a provider of competency-led training to the energy industry, has added five new members to its team to strengthen its position within the market.The company has invested in recruiting some of the industry’s…
Crewsaver Senior Welding Technician, Harry Gordon, has entered his 50th year at the U.K.’s leading marine safety equipment manufacturer this week.Harry, 64, from Stubbington in Hampshire, joined the company straight from school in 1964 when he was 15…