The latest round of funding under the Skilling Australia’s Defence Industry (SADI) initiative was announced today by Minister for Defence, Senator David Johnston.Senator Johnston said more than $5 million in funding would be made available…
An attorney for Texas' leading power company, the bankrupt Energy Future Holdings, told a court hearing on Thursday that it will delay seeking court approval of a restructuring support agreement that lays a path out of Chapter 11.At the…
ITIC has issued a warning to shipping and transport intermediaries about a scam currently being perpetrated whereby pre-funded port costs are being diverted to a fake bank account.In each case the party due to make the payment has received…
Jordan-based Arab Ship Management Ltd. pleaded guilty today in federal court in Wilmington, Delaware, to one count of violating the Act to Prevent Pollution from Ships, the Justice Department and the U.S. Coast Guard announced.In accordance with the terms of the plea agreement…
Attitude change is key to boosting shipping’s professional image, says Rajaish Bajpaee, CEO, Bernhard Schulte Shipmanagement (BSM). Ensuring a robust and dependable safety culture onboard ship is essential to reducing large scale accidents at sea…
The Great Lakes shipping industry is calling on Congress to quickly pass the Water Resources Reform and Development Act (WRRDA) approved by the House/Senate conference committee. The bill contains provisions that will significantly reduce the…
AWO President & CEO Tom Allegretti issued a statement on behalf of U.S. tugboat, towboat and barge operators praising House and Senate leaders for their work in forging “critically needed” waterways infrastructure legislation and urged Congress…
PetroChina's overseas operations chief Bo Qiliang is under official investigation after being removed from his post, a company source with knowledge of the matter told Reuters. Earlier on Friday, PetroChina said in a filing with the Shanghai…
The Conference Report to H.R. 3080, the Water Resources Reform and Development Act (WRRDA), was filed in the U.S. House of Representatives today, introduced in the House by Committee Chairman Bill Shuster (R-Pa.), Committee Ranking Member Nick J…
Specialist professional indemnity insurer International Transport Intermediaries Club (ITIC) says that, in today’s highly competitive industry, ship agents and other shipping and transport intermediaries run the risk of being sued even when they are not at fault…
Around a 190 oil workers of ExxonMobil in Norway would go on strike from June 16 if government mediation on wages and pensions fail, labor union SAFE said in a statement on Wednesday.Talks between Norwegian oil firms and two key unions broke…
Shipowners have been warned they could face being saddled with ‘negative equity’ in the insurance aftermath of disasters at sea, according to Keith Jones the outgoing chairman of the Association of Average Adjusters (AAA) at its London AGM, reports UK shipping trade association Maritime London…
IMO advises that its Maritime Safety Committee (MSC) is to meet at the Organization's London headquarters for its 93rd session, from 14 to 23 May 2014, and a preview of main agenda items follows: The MSC is expected to adopt amendments to…
Transport Malta Marine Safety Unit has released its report on last year's 'MV Thomson Majesty' lifeboat exercise boat fall that killed 5 crew members and injured 3 others. BackgroundOn 10, February 2013, Thomson Majesty arrived in Santa…
Director Brian Salerno spoke to attendees at the 2014 Offshore technology Conference about technology and the role of the regulator: his remarks, as prepared for delivery, are set out below:'So we are here at OTC, surrounded by extraordinary…