Husky Energy Inc, Canada's No.3 integrated oil company, swung to a quarterly loss due to a C$3.8 billion ($2.9 billion) after-tax impairment charge.The company said it has cut about 1,400 jobs till the end of the third quarter ended Sept…
NYK has been recognized with the 2015 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for the company’s seafarer safety activities. The award recognizes the safety…
CSSC Wärtsilä Engine (Shanghai) Co. Ltd (CWEC) celebrated the beginning of construction on its new 20,000 sq.m. factory with a groundbreaking ceremony on October 28 in Lingang, Shanghai. Following the groundbreaking ceremony, strategic cooperation…
William E. Albrecht has been appointed to the board of directors of Rowan Companies plc, effective October 28, 2015. Albrecht has served as executive chairman of California Resources Corporation, a publicly traded oil and natural gas exploration and production company…
A yacht race from Hong Kong to Daya Bay in the Mainland will take place on 30 October 2015 (Friday). About 60 yachts are expected to participate in the race.The race will start in the vicinity of Steep Island, Sai Kung at 1000 hours on 30 October 2015…
Two high-speed boats from Sweden have joined the sea rescue effort in the Eastern Aegean, and it was GAC that coordinated their delivery to Greece.The craft were sent by the not-for-profit NGO, the Swedish Sea Rescue Society (SSRS), in…
The enactment of Law No. 2014-742 of 1st July 2014 and the signing of decrees related during late 2014 and early 2015 resulted in June 2015 to approve the first private companies wishing to conduct activities of protection of French flagged vessels (APPN)…
Six-day ‘Voyage of Discovery’ concludes in Mt. Sinai Harbor Six teenage U.S. Naval Sea Cadets from Long Island who set sail from Mt. Sinai Harbor returned from their six-day Voyage of Discovery, bringing back a lifetime of practical sea experience and tactical training…
Digital support, surveillance and planning for all technical and nautical aspects of the 25 vessels of Costa Crociere, Costa Asia and AIDA fleets are implemented in real time by the Costa Group. Now assisting with these operations and risk/safety management is a new marine service unit…
DBR announced its expansion into the cruise ship industry following a partnership with a Dutch engineering and installation company in the marine and offshore industry. The latter company is currently working on a project that involves the upgrade…
Abu Dhabi Ports (ADP), the master developer, operator and manager of ports and industrial zones in the Emirate, presented the offerings of its Khalifa Industrial Zone Abu Dhabi (Kizad) and Khalifa Port at an exclusive business event in Dubai…
Sulphur businessman Joseph R. “Dick” Kennison has been reelected president of the West Calcasieu Port board of commissioners during the port board’s October monthly meeting. Kennison’s term is for one year. Also reelected by the five-member…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) announced that its Chief Financial Officer (CFO), Svein Knudsen, has tendered his resignation. Knudsen has held the position as CFO of EMGS since January 2005.Stig Eide Sivertsen…
Gulf Petrochem has appointed John Phillips as Head of Credit Risk for the Group’s Bunkering division. With over 30 years experience in the Maritime sector, John is a well known expert in the industry and will focus on areas such as Credit Management (focused on Bunker business)…
$1 billion Memorandum of Understanding between the Eximbank of China and ING Bank for shipping finance On October 26, 2015 in the presence of President Xi Jinping and King Willem-Alexander of the Netherlands, ING Bank NV and The Export-Import…