Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016. The buyout will enable GlobalSim to focus on its core port crane…
The WISTA USA CMA luncheon which was held on Monday, March 21, and was well attended by industry professionals from around the globe. The guest speaker, Kathy Metcalf, President of U.S. Chamber of Shipping, spoke of the numerous challenges…
The Board of Odfjell Terminals BV announced that Frank Erkelens will join Odfjell Terminals as CEO for its global activities. Erkelens has more than 20 years of experience in the terminal industry and comes from a position as President EMEA in Vopak…
The Board of Harbor Commissioners has approved the appointments of new directors for the Port of Long Beach’s Finance, Surveys and Transportation Planning divisions. Maurina Lee, previously the Harbor Department’s controller, will become the Director of Finance…
U.S. shipbuilder Huntington Ingalls Industries (HII) said it has begun the process of establishing a fund to provide educational assistance for children of HII employees.While details of the educational fund are still being developed, it…
ABS Chairman, President and CEO Christopher J. Wiernicki says risk-based, data-centric, cyber-influenced decision-making defines a new absolute value of talent Speaking at the opening session of the CMA Shipping 2016 Conference, ABS Chairman…
More space for container trade growth through Melbourne with DP World Australia expansionDP World Australia's new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax site, was commissioned on Tuesday (15 March 2016),…
DNV GL’s new LNG intelligence portal (LNGi) aims to bring stakeholders from across the LNG industry together to share market intelligence and contribute to the uptake of LNG as a ship fuel. Leading LNG suppliers and engine manufacturers including…
Stevedores in Santos, Brazil's largest port, have scheduled a 24-hour strike for Monday, demanding wage hike adjustments for inflation as the country's main commodity markets gear up for the export season.Stevedores are due to suspend work at 07:00 a…
On 18 March, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships in Asia (ReCAAP) commemorated its 10th anniversary.ReCAAP is a cooperation between Asian countries, but also other countries such as Denmark…
Global integrated drilling waste management and environmental services firm, TWMA, has won the Export Achievement Award at this year’s Offshore Achievement Awards.The award recognises the company’s significant business growth resulting from…
Some cash-strapped U.S. oil and gas companies are considering creating an unusual layer of debt as a way of surviving the rout in oil and gas prices, according to restructuring advisors.Chesapeake Energy Corp for example is considering the strategy to swap some of its roughly $9 billion debt…
On Wednesday, the Washington State Transportation Commission announced that the fourth ferry in our Olympic Class will be named Suquamish. Ferry names were suggested through a public process, and narrowed down to three for the Commission’s consideration…
At a special press event held at the Palm Beach International Boat Show, MarineMax announced today that they are expanding into yacht management, crew placement and charter of luxury megayachts. Bob Saxon Associates, has joined MarineMax as…
The Bureau of Safety and Environmental Enforcement (BSEE) and The National Aeronautics and Space Administration (NASA) have announced a five-year agreement allowing BSEE to capitalize on the best risk management approaches from the aeronautics…