Facing a wave of lawsuits filed by workers recruited from India to work on the U.S. Gulf Coast, marine services company Signal International has filed for Chapter 11 bankruptcy protection to help save its business and resolve litigation, the Wall Street Journal reported…
Ensco plc announced today that EVP & CFO Jay Swent, 64, will be retiring after more than 11 years of service. Mr. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named…
Ten environmental groups say a missing icebreaker should be a deal-breaker for Arctic offshore drilling by Royal Dutch Shell PLC off Alaska's northwest coast and urged the U.S. government not to grant final permits to Shell, reports Reuters and AP…
Inchcape Shipping Services (ISS) is advising that the Bosphorus Strait in Turkey will be closed in both directions on 15 July between 07:00-14:00 approximately due to the ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge)…
DP World and Emirates Shipping Line (ESL) today announced the launch of a new shipping service GALEX (GLX), a consortium of four vessel operators – ESL, KMTC, RCL and Hanjin. GALEX consists of seven vessels with a capacity of 6,500 TEUs…
Diana Shipping Inc., today informed that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is US$6…
Valerii Georgiev, a Russian citizen and former chief mate of the ocean cargo vessel M/V Murcia Carrier, was sentenced to a term of three months prison for failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS)…
Broward County's Port Everglades is moving forward with a plan to widen and deepen its channels, but there are still several steps to go before construction begins, the Port's Chief Executive Steven Cernak told elected officials and business…
Inchcape Shipping Services (ISS) is advising that planned strike action by customs staff at the Port of Necochea, Argentina, has been lifted and suspended for 15 days.The ‘pen down’ strike was scheduled to take place on the following dates: July 10…
Videotel, the leading international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has received the approval of the Norwegian Maritime Authority (NMA) for its security training courses.Videotel’s “Maritime Security Awareness…
Royal Bank of Scotland Group PLC is winding down its Greek operation and is looking to sell its USD5 billion shipping loans portfolio, Reuters reported on Saturday. Citing finance sources familiar with the plans, Reuters said the move was…
Marine safety in the Torres Strait and Northern Peninsula area is getting a boost with the donation of 1,400 children’s lifejackets as part of the Torres Strait Marine Safety Program (TSMSP) School Based Maritime Safety Education Project…
The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco…
Following is the statement of FMC Commissioner William P. Doyle follows:We do not take our hands off the wheel just because an agreement is allowed to go into effect without the Commission taking any further action to delay the implementation of the agreement…
Recognising that effective leadership and collaboration are fundamental elements in the future success of the maritime industry, Europort 2015 will feature a series of masterclasses as part of this year’s conference programme. Each masterclass…