People & Company News


Charity Supports Seafarer Who Had Narrow Escape

Dec 22, 2015

A seafarer who had a narrow escape and fell overboard has been supported by seafarers’ charity Apostleship of the Sea (AoS). The Filipino man was working on a vessel at Felixstowe port and had an accident which resulted in him falling off the ship into the water…

Sovcomflot Group, Sberbank CIB Sign Credit Facility Agreement

Dec 22, 2015

Sovcomflot Group and Sberbank CIB  have signed a 14-year $340 million credit facility agreement to finance the construction of three Arctic shuttle tankers for the Novy Port project  (project operator: Gazprom eft).  Novy Port is one of…

STS Young Endeavour Completes Circumnavigation

Dec 22, 2015

The Royal Australian Navy operated Sail Training Ship (STS) Young Endeavour sailed into Fremantle today, completing a year-long circumnavigation of the world. Assistant Minister for Defence Darren Chester was in Western Australia to welcome…

Skuld Quadruples Bottom Line

Dec 21, 2015

Norwegian marine insurer Skuld delivered a result of USD 20 million in the first nine months of the year, a USD 5 million increase from the same period last year. Overcapacity is still putting pressure on premium levels, says CEO. Skuld…

GTT Grants License to India's CSL

Dec 21, 2015

GTT grants a License Agreement to Cochin Shipyard Ltd. for the construction of LNG carriers  GTT (Gaztransport & Technigaz) announced it has granted a License Agreement to Cochin Shipyard Ltd. (CSL) for the construction of LNG carriers using GTT's membrane containment systems…

Airbus Group Sheds its Commercial Satellite Communication Business

Dec 21, 2015

The divestment, which excludes the government satellite communication business, is part of the Airbus Defence and Space strategy announced in September 2014  [Press Release] Airbus Group SE (AIR) signed with French private equity firm, Apax Partners…

Mission to Seafarers Responds to Singapore Strait Tragedy

Dec 21, 2015

Global maritime welfare charity The Mission to Seafarers outlines emergency support work with surviving crew members of the Thorco Cloud – a general cargo vessel which sank in the Singapore Strait after a collision on December 16. The other vessel involved…

DP World London Gateway Hires Head of Commercial Port

Dec 21, 2015

James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…

BSM Opens Mooring Station Training Facility

Dec 21, 2015

Bernhard Schulte Shipmanagement (BSM) announced the opening of its new mooring station training facility, designed to provide seafarers and cadets with experience of this crucial and potentially hazardous area of operations. The facility is based at Subic Bay in the Philippines…

MOL Supports World Food Program

Dec 21, 2015

Mitsui O.S.K. Lines, Ltd. (MOL) announced that it held a charity event in the company’s Head Office cafeteria to help the World Food Program (WFP)’s school feeding program.The WFP, which is part of the United Nations system and the world's…

Fastnet Appoints Non-executive Director

Dec 21, 2015

In line with the Company's strategy to acquire companies or businesses in the healthcare sector, Fastnet has appointed Mr. Harry Stratford as a Non-Executive Director with immediate effect. Harry has over 40 years' experience in the pharmaceutical…

Dozens Rescued at Sea after Abandoning Indonesian Ferry

Dec 20, 2015

Dozens of people with life jackets were found floating in Indonesia's Gulf of Bone on Sunday, some clinging to a fish trap, after abandoning their ferry in rough seas off Sulawesi Island, said officials, adding that two passengers had died…

Panama Sues Italy for Vessel Arrest, Detention

Dec 19, 2015

Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…

Not Younger Than 18 Yrs, Unless…

Dec 19, 2015

International dry bulk shipowners seem only to scrap ships aged 18 years or older. While a couple of Chinese owners have scrapped ships that were even younger than that. 19 ships out of 28 ships built in 1998 to 1999 and demolished between…

RS STC Presidium Session

Dec 19, 2015

The meeting of the Scientific and Technical Council (STC) Presidium of Russian Maritime Register of Shipping (RS) was held on 15 December 2015.The STC is one of the crucial components to ensure the RS activity on rendering the wide range…

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