Leading Class Society Establishes New Office in Shenzhen31 March 2011 – ClassNK officially announced the opening of a new exclusive surveyor office in Shenzen today. The ClassNK Shenzhen Office becomes the 11th office the society has opened in China…
ROTTERDAM, 31 March 2011 – Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that two of its group companies—International Marine Transport Co., Ltd. and MOL Tankship Management Ltd. – have agreed to merge effective April 1…
NEW YORK – J.F. Lehman & Company, a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, is pleased to announce the addition of the Honorable Michael J. Bayer, General John D.W. Corley, USAF (Ret…
March 23 (Tokyo) – ClassNK Chairman and President Noboru Ueda recently spoke at the CMA Shipping 2011 conference held in Stamford, Connecticut in the U.S. from 21 through 23 March 2011. Mr. Ueda spoke as the Chairman of IACS on the topic of…
In order to reduce its impact on the environment, Fugro Survey Limited has been sending out electronic Christmas cards to its friends across the industry over the last few years. Not only does this reduce resources of paper and emissions, it also reduces costs…
FROSCH, a Travel Management Company in the US, with dual headquarters in Houston and New York, has recently created and hired a Marine and Offshore Specialty Team with a combined 100 years of experience in crew rotation management (Led by Managing Director and Industry Veteran – Gina Crawford)…
Strong new product pipeline for 2011 to enhance ongoing business growth Kittiwake Developments, a leading global provider of asset protection technology, today announced the appointment of Dr Steve Dye as its first dedicated Business Development Manager…
Keppel FELS Limited (Keppel FELS) has secured a contract worth about $210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup rig.Slated for delivery in the first quarter of 2013, the rig will be JDC's first newbuild…
CMA CGM Group announces the launching as from April of an eco-calculator accessible to all its customers via its e-business platform.Measuring the environmental impact of their supply chain has become an increasingly important issue for many companies…
The financial website China Analyst has released their calculations for the top 10 marine transportation stocks with highest Return on Equity (ROE) ratio over the past year. Return on equity shows a company's efficiency in making profits from shareholders' equity…
KVH selects maritime satellite communications industry expert with 11 years of experience to lead sales efforts throughout the Asia-Pacific regionMIDDLETOWN, RI – KVH Industries, Inc., (Nasdaq: KVHI) is pleased to name Mr. Vivian Quenet as its new vice president of sales…
Rolls-Royce opened its newly expanded and modernised Marine Service Centre in the Port of Rotterdam. The investment marks the latest stage in the development of a global Marine Service Centre network, which currently comprises dedicated repair activities in 34 countries…
18th consecutive year of profitability Company declares quarterly dividend of $0.15 payable in April 2011 Total dividends reach $333 million since 2002 NYSE listing 2010 HIGHLIGHTS- Voyage revenues of $408.0 million. - Operating income of $80…
Joint report anticipates a continual rise in recruitment with a steeper salary hike in the first half of 2011March 14, 2011: Salaries in the global oil and gas industry are to increase throughout 2011 according to a joint report from OilCareers…
The UK P&I Club has chosen to focus its latest Legal Briefing publication on the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, adopted by the IMO in 2004. Implementation of the Convention is now…