Nordic American Tankers Limited Chairman & CEO Herbjørn Hansson addressed the impacts of low oil prices on the tanker business in a letter to shareholders, citing the decrease in oil price as an overall positive for the world tanker market and…
Tug engineers withdrew plans to strike at Port Hedland, Australia's biggest iron ore port, tug operator Teekay Shipping said on Thursday, removing a threat to exports from BHP Billiton and Fortescue Metals Group Ltd.The Australian Institute…
The Australian Renewable Energy Agency (ARENA) today announced $452,000 funding for Fulcrum3D to further develop an advanced cloud tracking system.ARENA CEO Ivor Frischknecht said that effectively tracking and predicting cloud movements…
The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region.'We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia…
Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo.The most recent role in Mr Simpson’s…
Two members of Fugro’s geoconsultancy team have won international awards – one recently presented in London, UK and the second in Regina, Canada.Dr. Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG), received the David…
The Gazprom Specialized Department was opened today in St. Petersburg State University of Economics, Russia's top-rated higher education institution of economics. Alexey Miller, Chairman of the Gazprom Management Committee Chairman and Igor Maximtsev…
This year’s “Award for Exceptional Bravery at Sea” is given to the crew from the DFDS ship BRITANNIA SEAWAYS. The award is presented by United Nations’ International Maritime Organization (IMO) for exceptional bravery displayed at sea.The…
U.S. Rep. Bill Shuster (R-Pa.) was selected today by the House Republican Conference to serve again as Chairman of the U.S. House Committee on Transportation and Infrastructure, one of the largest committees in Congress. “I am honored that…
The U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement today regarding port congestion, as well as the Transpacific Stabilization Agreement’s (TSA) amendment to expand its scope to include westbound trans-Pacific trade…
JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.JPMorgan completed…
Nakilat-Keppel Offshore & Marine (N-KOM) received the Safety & Security Award at the inaugural edition of The Maritime Standard (TMS) Middle East & Indian Subcontinent Awards, held at Atlantis The Palm, Dubai. Sponsored by ADNATCO-NGSCO…
Dr. David Mazurek, a civil engineering professor at the U.S. Coast Guard Academy, has been named the winner of the 2015 U.S. Coast Guard Engineer of the Year Award.Mazurek was selected from a strong and diverse pool of exceptional nominees based on his educational…
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS James E. Williams (DDG 95) participated in a community relations project in Port Victoria, Seychelles, Nov. 14.The project took place at Nature Seychelles, a local nature sanctuary…
CEVA Logistics, one of the world’s leading supply chain management companies, has been awarded a long term contract to provide freight management services to SuperGroup, owner of famous fashion brands including SuperDry.The contract award…