Sustainability is now firmly on the global business agenda, but there is an urgent need to turn words into action. This is a key conclusion in the independent report; “Impact – Transforming Business, Changing the World” prepared by DNV GL on behalf of the United Nations Global Compact…
The Royal Australian Navy Adelaide class frigate, HMAS Melbourne, has successfully fired two Evolved Sea Sparrow Missiles, reinforcing her war-fighting and mariner skills. The missile firings were conducted off the coast of New South…
Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each. Three Chinese-made submarines worth 355 million dollars each may be purchased by Thailand for its Royal Navy, the newspaper Bangkok Post reported today (Friday)…
CSIRO will be releasing a fleet of floating bio-robots between Christmas Island and Madagascar next week to measure biological indicators in the Indian Ocean including dissolved oxygen, nitrate, organic matter and particles. A bio-robot…
RigNet, Inc. announced that Keith Stewart has been promoted to the new position of Vice President – Global Operations, RigNet TSI, based in Aberdeen, Scotland. Stewart is responsible for managing RigNet’s technical resources assigned to Telecommunications Systems Integration (TSI) projects…
Inmarsat has signed an agreement with World-Link Communications, Inc. appointing the innovative satellite services provider as a Partner for FleetBroadband, serving the maritime market globally. Alongside the agreement, World-Link plans to…
Classification society and IACS member Indian Register of Shipping has established an ‘India and Offshore Advisory Committee’ with a vision to raise the profile of its services and receive strategic advice for growth in South Asia region…
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry.Discounted Cash Flow vs Market ValuationsDiscounted Cash Flow Valuations is the…
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine…
Hyde Marine, Inc. has announced the appointment of LEMAG Engineering GmbH as its exclusive sales agent in Germany to help ship owners deploy the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) onto their new builds or existing vessels…
Webb Institute presented Thomas B. Crowley, Jr., CEO and Chairman of the Board of Directors at Crowley Maritime (Oakland, CA), with an Honorary Doctorate of Commercial Science degree at Webb Institute’s 119th commencement on Saturday, June 20th…
Kestrel Liner Agencies, a pre-eminent ocean freight provider serving the Caribbean, has started offering capacity on the Haven Platform. Haven, the private marketplace for buying and selling ocean freight capacity. The new partnership offers shippers a growing selection of port pairs…
Will the prestigious TransAtlantic speed and endurance record ever be broken? Should it?Twenty five years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by a ship built in Australia…
The advent of broadband at sea continues to expand, as German cruis brand AIDA introduces a flat-fee for social media networks onboard its ships. AIDA Cruises is introducing an Internet flat fee for social media networks on board its ships…
With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has momentarily completed the expansion and modernisation of its cabotage fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…