Chairman of China's largest private shipbuilder, Zhang Zhirong, steps down from China Rongsheng Heavy Industries Group.Determined to put scandal behind it, China’s largest private shipbuilder, China Rongsheng Heavy Industries Group, has said its chairman has stepped down…
Maritime industry leaders from across the globe are expected to gather for a week of meetings and events in the capital.Welcoming the new initiative, Maritime London's chief executive, Doug Barrow, said that London International Shipping…
Coastal Energy Company, an independent exploration and production company with assets in Thailand, issues 2013 guidance.• The Company expects operating expenses to average approximately $19.00 per bbl offshore Thailand, well below 2012…
Mill Log Equipment Company DBA Twin Disc Mid-Atlantic hire Scott Schmitz as Territory Manager for the Northern Mid-Atlantic States.Twin Disc’s newest full service distributor, announce the hiring of Scott Schmitz as the Territory Manager for the Northern Mid-Atlantic States to include…
Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. ('Boskalis') for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend. The…
ClassNK (Chairman and President: Noboru Ueda) has announced that it will be bringing its highly regarded PrimeManagement series of seminars to Turkey and Greece for the first time on November 28 and 29th respectively. The seminars, which are offered free of charge…
Knightsbridge Tankers Limited sells its VLCC 'Kengsington' to an unrelated 3rd party for delivery this month.The Company expects to record a gain of approximately $0.1 million in the fourth quarter having recorded an impairment loss of $13…
Armel Le Cléac’h still leads the race while Vincent Riou aboard 'PRB' becomes the 7th boat to retire in 15 days of racing.Vincent Riou, onboard his boat PRB, has retired from the race. Two days ago he collided with a large floating metal buoy and damaged his hull…
The Philippines is ideally positioned in the Asia-Pacific region to repair ocean-going & fishing vessels according to a Japanese study.The report was contained in a study on the ship building and ship repair industry of the Philippines conducted…
The addition of Dockwise's activities to the Boskalis group will provide an extensive package of services for clients in the oil and gas sector.Boskalis has invited the Dockwise Board of Directors to discuss the intended offered acqusition…
46 vessels have transited through Northern Sea Route as this year's navigation season comes to an end.Never before have so many vessels used the Northern Sea Route for cargo transport between Europe and Asia. and never before has so much cargo been transported along the route…
The UK Club's Loss Prevention team takes a close look at tug and barge operations worldwide from the P&I perspective.The latest Loss Prevention publication from the UK P&I Club is entitled 'Tug and Barge Matters', running to 18 pages and heavily illustrated…
Partners and customers to benefit from extensive multi-technology service portfolio by provider of global satellite-based mobility services.Astrium Services will showcase their latest innovations in maritime communications at the upcoming Seatrade Middle East 2012 from 27 to 29 Nov in Dubai…
China's demand for oil in October 2012 was meaningfully weaker that it was the previous month.The detailed Chinese oil data for October were reported yesterday. Calculated demand adjusted for inventory changes came in at 9.5 million b/d…
Maritime authorities in Quang Ngai ban a Panamanian-flagged ship from leaving after it spilled nearly 1,000 liters of oil at a local port.The Panama-flagged Chinese-owned Race Express belonging to Nova Shipping & Logistics Pte Ltd can only…