General Dynamics’ four-channel Digital Modular Radios (DMR) are being upgraded with high-frequency dynamic routing (HFDR) software to turn the radio’s four channels into eight virtual channels. In addition to HFDR, the new high-frequency…
Gujarat Pipavav Port Ltd. (APM Terminals Pipavav), operating one of western India’s fastest growing gateway ports, today reported a 16% jump in net profit for the fourth quarter ended 31st December 2014, as against INR 771 million…
In honor of World Cancer Day, Holland America Line announced that to date, the guests and employees of the company have raised more than $4.3 million for cancer support through “On Deck” programming that began in 2006. Currently, the “On…
Euronav NV announces today that following the closing of its Initial Public Offering (“IPO”) of its ordinary shares on NYSE, the Company will repay the USD 235.5 million bond issued to partly finance the acquisition of 15 VLCCs from Maersk Tankers Singapore Pte Ltd announced on 5 January 2014…
DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like1 basis. New…
Ship operator admits to covering up deliberate discharge of oil and ordered to pay $1.8 million; $450,000 of penalty to fund projects benefitting Chesapeake Bay and $250,000 awarded to crew member who provided evidence of the illegal discharges The Hachiuma Steamship Co…
Glander International Bunkering continued a series of hires in its Dubai office today, announcing the hiring of Kristian Korsgaard Pedersen as the office's Senior Bunker/Lubricant Trader and Team Leader. On Monday, the company announced the…
A.P. Moller-Maersk's oil industry service companies Maersk Drilling and Maersk Supply Services, are to cut staffing at their Danish head offices due to the slump in oil prices. Oil companies and as a result the firms servicing them, have…
Marcelo Puscar has been appointed as director of marketing at Volvo Penta of the Americas. Previously director of marine sales for Latin America, Puscar will relocate from Volvo Penta Brazil to the company’s headquarters in Chesapeake, Va…
The Hinode’s 2nd Conference on “Outlook for India’s Seaborne Dry Bulk Trade” held at the Hotel Vivanta by Taj President saw a significant gathering of shipowners, charterers, agents, ship managers, exporters, importers, bankers, legal experts and those in other allied fields…
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) welcomed its fourth L Class Platform Supply Vessel (PSV), Pacific Liberty at a naming ceremony held in Kyoto, Japan on Tuesday, 3rd February 2015. The naming ceremony…
Mitsui O.S.K. Lines, Ltd. today announced that on Sunday, February 1, 2015, the MOL-operated car carrier Astral Ace found drifting castaways near Malay Peninsula in the South China Sea, and was able to safely rescue two Malaysian and three Indonesian fishermen…
Statoil’s board of directors has appointed Eldar Sætre as the company’s new president and CEO. Sætre, who has 35 years’ experience from Statoil and the oil and gas industry, has been acting as president and CEO since October, and assumes the role with immediate effect…
For the third time, Petrobras is set to receive the highest award that an oil company can be given, bestowed by the Offshore Technology Conference (OTC) committee, based in Houston, USA. The OTC Distinguished Achievement Award for Companies…
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, announced today that a new four year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC)…