Dr. Shashi N. Kumar, Academic Dean at the U.S. Merchant Marine Academy (USMMA), has accepted a position to serve as Deputy Associate Administrator and National Coordinator for Maritime Education and Training at the headquarters of the Maritime Administration (MARAD)…
Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today…
Press Release -- Twenty-nine young women and men are starting their dual studies program today at Voith in Heidenheim. Alternating between the company and the Baden-Württemberg Cooperative State University (DHBW), 22 students will study the…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
With only five legislative days left to avoid a government shutdown, Congressman Steve Israel (NY-03) announced legislation that will ensure United States Merchant Marine Academy (USMMA) midshipmen can continue attending classes in the event of a shutdown…
Sailors’ Society said it will hold its first ever fundraising event in Greece on Thursday, October 15, in Athenaeum InterContinental Athens’ ballroom for a night that will see the industry come together in support of the Society’s Greek maritime scholarship program for aspiring seafarers…
Beach Energy Limited announced that Mr Robert Cole will, on cessation of his employment with Beach on 14 October 2015, continue as a non-executive director of the company.Mr Cole will nominate for re-election as a non-executive director at the 2015 annual general meeting…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…
NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
The Transportation Safety Board of Canada (TSB) is deploying a team of investigators following the girding and sinking of the tug Sea Imp X in the North Arm of the Fraser River, British Columbia. The occurrence took place yesterday at approximately 20:00 PDT…
In a 4-to-1 vote today, Port Commissioners and John E. Walsh agreed that his last day as Canaveral’s chief executive officer would be January 21, 2016, the Port announced today. Walsh will continue to serve in the role until that time. No decision has been made yet regarding a successor…
InterMoor UK Operations, part of Acteon’s foundations and moorings business, has surpassed eight years and more than 2,520 projects without a single lost-time incident (LTI). The safety record is held by InterMoor UK Operations – InterMoor Ltd…
Linda Leary has been appointed president of Fairweather, LLC and the Deadhorse Aviation Center, LLC (DAC), Fairweather, LLC and Edison Chouest Offshore (ECO) announced today. A longtime Alaskan, Leary brings more than 30 years of logistics and sales experience…
Press release - Offshore energy support vessel operator Seacat Services announced the graduation of the first group of young seafarers from its Maritime Apprenticeship program. The graduates have taken the first step toward long-term careers…
SCHOTTEL, a German manufacturer of marine propulsion systems, has invested a total of €45 million to open a new state-of-the-art Rudderpropeller factory, increasing the company’s production capacity by roughly 30 percent. The factory, near its headquarters in Spay…