Shipping companies and bunker oil traders scrambled to source fuel and take over supply contracts on Thursday after OW Bunker, one of the world's biggest shipping fuel firms, said it faces possible bankruptcy after uncovering internal fraud…
Maritime operational effectiveness is to be enhanced globally through the provision of training and certification for seafarers assigned to use advanced satellite communication systems on-board commercial vessels. The initiative, which…
DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced…
Spearhead-class joint high speed vessel USNS Choctaw County (JHSV 2) is conducting proof-of-concept testing during Exercise Bold Alligator 2014 as an afloat forward staging base style platform.Bold Alligator 2014 is underway in multiple states and along the Eastern Seaboard…
As part of its “Our Marvelous Oceans” partnership with Marine Conservation Institute, Holland America Line has created a new program that highlights and educates guests and crew about marine protected areas around the world. Developed with the team at Marine Conservation Institute…
Evergas has reached an agreement with INEOS to expand its new-building series of ethane/multigas vessels from six to eight units. In January 2013, Evergas announced for the first time that it had secured shipping agreements of up to 15 years…
Hapag-Lloyd said it will not accept any cargo for Benghazi port until further notice.The shipping line said it is uncertain of enhancements to the situation as fighting in the area persists, and it will inform customers as soon as cargo can be loaded again.
The recently established company, Nordic American Offshore Ltd (NAO) announced October 20, a dividend of $0.45 per share for the 3rd quarter 2014. The payment of dividend is expected to take place on or about November 21 to shareholders of record as of November 7…
DGS Marine held the first BE&O P&I Seminar in Limassol, Cyprus. Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims, the seminar was attended by delegates from Cyprus’ shipping and insurance community…
Global safety standards body, OPITO, says safety in the oil and gas industry is still not good enough despite a five year improvement in the Middle-east. At its fifth annual safety and competence conference (OSCC 2014) in Abu Dhabi today (4 November 2014)…
DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has held the first BE&O P&I Seminar in Limassol, Cyprus.Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims…
A new recruitment business catering for the specialist recruitment needs in the shipping, maritime, logistics and oil and gas sectors has been launched in Singapore.Headed up by Managing Director Jason Tay, Direct Search Asia will seek to…
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings of the new report are discussed here below.Intra-Mediterranean (2014) Container…
Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations and has carried out afloat and dry docking jobs on more than thirty vessels…
Each year, Louisville Business First, a weekly business publication in Louisville, KY, releases a list of the fifty fastest growing privately-held companies in the area. The list represents a wide variety of companies who are ranked by growth percentage over the past three years…