Standard & Poor’s (S&P) Global Ratings affirmed its 'A–' long-term corporate credit and debt ratings of the Panama Canal Authority (ACP), reiterating the credit rating agency’s trust in the management, operation and investments of the Panama Canal…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the following change of Chairman at its subsidiary, Singapore Technologies Marine Ltd (ST Marine), with effect from 1 September 2016: * Mr Barry Desker will step down as Director and Board Chairman of ST Marine…
In contrast to the substantial numbers of reported incidents across Southeast Asia and the Indian Ocean in recent years, maritime crime now appears to have stabilised in these regions according to the latest Q2 maritime crime statistics released by Dryad Maritime today…
GAC Russia is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk.This latest development means it is the only ship agent with a presence throughout the interconnected Arctic region and Far East: at Murmansk…
BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has appointed Dr Sukhy Barhey as Director to lead the implementation of BMT Asia Pacific’s strategy and expand its specialist service offering across the Region. Dr Richard Colwill, Managing Director of BMT Asia Pacific comments: “The Ports…
The Board of Directors of Triyards Holdings Limited announced that Mr. Yeo Keng Nien has resigned as the Company Secretary of the Company with effect from 15 July 2016.The Board would like to thank Mr. Yeo Keng Nien for his contributions…
International law firm Watson Farley & Williams LLP (“WFW”) advised long-standing client Teekay on the successful completion of financing initiatives for Teekay Corporation and Teekay Offshore Partners LLP (“TOO”).This included assisting…
Vice Adm. Jan Tighe assumed the duties of the Deputy Chief of Naval Operations (DCNO) for Information Warfare (N2N6) and Director of Naval Intelligence (DNI) July 15 at the Pentagon.Tighe succeeded Vice Adm. Ted N. 'Twig' Branch, who has…
Roll-Lift, the Heavy Lift Transportation Specialist based in The Netherlands has appointed Mr. Miguel Flórez de la Colina as their sole representative for clients based in Spain, Portugal and France for projects undertaken outside Europe.Miguel…
Q88 LLC introduced a global support program that coordinates quick response and expert consultation for chemical spills/incidents and medical emergencies occurring onboard vessels at sea.Known as Q88 Response Center, the new program leverages the resources of Spill Center…
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to the latest Container…
GAC Training & Service Solutions (GTSS) has won Ireland’s Marine Industry Awards’ accolade for excellence in the provision of professional services to the maritime industry. The award was presented by Liam Lacey, Director of the Irish Maritime Development Office…
Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that the 3DEXPERIENCE platform now extends…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the resignation of Mr Quek Tong Boon as non-executive Director with effect from 1 July 2016.Mr Quek has been with the Board since 1 March 2008 and has been the Chairman of its Research…
BIMCO’s expectations remain as the oil product tanker fleet continues to grow with earnings at the lowest since Q3 in 2014. But there is still money to be made in the second half of 2016.The oil product tanker market has reached a net fleet growth of 4…
