Tony Nicholson, Senior Claims Director at UK P&I Club, outlines concerns around the Philippine legal system and praises the new ‘Seafarers Protection Act’. “Filipino seafarers make an immense contribution to the world’s ocean-going merchant shipping fleet and their home country…
Palfinger Marine GmbH has decided not to complete the planned acquisition of TTS Group. One of the closing conditions of the acquisition was that Palfinger Marine GmbH had to get acceptances for at least 90 per cent of the TTS shares on a fully diluted basis…
The Coast Guard Cutter Isaac Mayo repatriated 54 Cuban migrants Tuesday to Bahia de Cabañas, Cuba.These repatriations are a result of five separate at-sea migrant interdictions in the South Florida Straits. In each instance, the Coast Guard helped secure the U…
Vivek Bhatia (38) will become the new CEO of thyssenkrupp Asia Pacific effective October 1, 2016. He succeeds Dr. Stefan Schmitt (40), who will move to thyssenkrupp AG as Head of Human Resources Strategy effective October 1. Vivek Bhatia has been Head of Strategy…
In the first half of 2016 the Rickmers Group generated consolidated revenues of €249.3 million ($279 mln), 13.9 percent lower than in the corresponding period in 2015 (€289.6 million, $324 mln). The main underlying factors are the persistently strained market situation…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Quek Gim Pew as a non-independent non-executive Director of the Company and Chairman of the Research, Development and Technology Committee with effect from 15 August 2016…
Radio Holland Malaysia opened a new office in Johor, Malaysia to support shipping in the ports of Johor and the vicinity.Over the years, Radio Holland Malaysia has expanded its business to the Southern Region of Malaysia known as Gelang Patah…
The Coast Guard rescues four people stranded on Monamesset Island Wednesday after their 23-foot center console ran aground.At about 10:40 a.m., an employee from a commercial towing company called Coast Guard Sector Southeastern New England…
Officials from the Port of Los Angeles, California State University Dominguez Hills (CSUDH) and Los Angeles Harbor College (LAHC) have signed a Memorandum of Understanding (MOU) to enhance global logistics curriculum, transfer opportunities…
SBM Offshore's first-half results lagged analysts' expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company announced an additional 250 job cuts. It said it did not expect a full recovery in its business until 2018…
Global commodity trader Cargill Inc on Wednesday said it turned in a quarterly net profit, boosted by special gains that offset poor results from trading and oilseed processing. Revenue for the privately held company declined for the eighth straight quarter…
SBM Offshore has nominated D.H.M. Wood as a member of the management board and chief financial officer (CFO) to replace current CFO, P.M. van Rossum, who is set to retire. The company will hold an Extraordinary General Meeting (EGM) on November 30…
Daniel Ward, Director of staffing services provider WRS’ Marine Division, specializes in providing both contract recruitment solutions and crew management services to clients and vessel operators globally. Ward explains how outsourcing crew…
Effective August 6, 2016, Terma North America Inc. has appointed Steve Williams as President & CEO. Since the beginning of 2014 until present, Williams has held the position of Regional Executive, Lockheed Martin International Business Development…
Carl Fredrik Grosland has joined Nordic American Tankers as Vice President, working on analyses, projects and business development. Reporting to Chairman & CEO Herbjørn Hansson in a staff position, he will also work closely with others both in NAT and NAO (Nordic American Offshore Ltd…