The Department of Transportation and Communications (DOTC) has moved the bid submission for the Davao Sasa Port Modernization public-private partnership (PPP) project to March 28 from Feb. 26 to give interested firms more time to prepare their offers…
ATLAS Knowledge Group has reported robust financial results for 2014/15, with continued growth and further international expansion set to continue.A provider of learning, compliance and competency solutions to safety critical industries…
The Bomin Group, a physical supplier and trader of marine fuel oil, has announced the appointment of Shogo Miura, a new Business Development Manager in Japan. As the operation expands, Bomin is also moving to new offices in Tokyo. Miura…
Star Bulk Carriers Corp. a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has entered into a Capesize vessel pooling agreement (“CCL”) with BOCIMAR INTERNATIONAL NV, GOLDEN OCEAN GROUP LIMITED and C TRANSPORT HOLDING LTD…
Norwegian firm Statoil ASA is ending its rig contract for the Maersk Gallant six months early. The jack up rig has been on contract with Statoil for two years, since 21 August 2014, and since 9 October it has been sub-chartered to ConocoPhillips…
Rope and Sling Specialists Ltd has held the first in a series of in-house training courses aimed at further enhancing customer service through product knowledge. Eleven employees took part in the one-day course, which took place earlier…
While Cosco’s orderbook of US$8 billion seems hefty, the shipbuilding contracts are of low value, says a report in SBR. The orderbook may do the company more harm than good. As at 31 December 2015, Cosco’s order book stood at USD 8 billion with progressive deliveries up to early 2018…
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that two of its drilling contracts have been terminated. The Nasdaq-listed drilling affiliate of DryShips said that Total E&P Congo has terminated…
The NGO Shipbreaking Platform and Transport and Environment (T&E) have criticized Maersk Group’s decision to beach their end-of-life vessels in Alang, India. But, Four of the 167 ship recycling yards have won compliance status with a global…
San Donato Milanese (Milan), February 10, 2016 – Saipem S.p.A., informs that today Moody’s, through the publication of a press release on its website [www.moodys.com] given below has communicated that it has placed under review the provisional issuer rating of '(P) Baa3 ' attributed to Saipem…
2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO. The six new VLCCs were delivered in a strong winter market…
MAN Diesel & Turbo received an order for an MAN 6L21/31 engine to power a newbuilding cadet training sailing ship for the Defence Ministry of the Republic of Indonesia. The engine will be used to power the 110m ‘Kri Bima Suci’ and up to 200 persons on board when not propelled by sail power…
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field, Norway's largest oil find in three decades.The study includes design solutions for a tie-in…
The US Navy has awarded General Dynamics Electric Boat a $23.6 million contract to continue development work on the Ohio-class replacement nuclear submarine, General Dynamics said in a press release. 'Under the terms of the modification…
Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of the Andaman coast in south-western Thailand. Bangladesh Ambassador to Thailand…
