Contracts News

 

Celata Heads BOEM's Gulf of Mexico Office

Nov 18, 2015

Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced Mike Celata as the Regional Director of the Gulf of Mexico Outer Continental Shelf (OCS) Region. Celata, who starts his position immediately, has been with BOEM and its predecessors since 1988…

Songa Dismisses DSME Claim

Nov 17, 2015

Norway's Songa Offshore SE referred Tuesday to its announcement July 15 regarding the receipt of notices of arbitration from South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) in respect of the construction contracts for the Cat D rigs…

Marco Polo Terminates Rig Contract with Sembmarine

Nov 17, 2015

Marco Polo Marine has unilaterally terminated a rig building order worth US$214.3 million from a subsidiary of Sembcorp Marine. Sembcorp Marine on early Wednesday morning said its subsidiary, PPL Shipyard, will regard the termination by Marco Polo Drilling (I) of the US$214…

Glander Hires Bunker & Lubricant Trader

Nov 17, 2015

Glander International Bunkering, a leading, global marine fuel, lubricant trading and brokering company hires Ankita Batra as Bunker and Lubricant Trader for the India office. Ankita Batra joins Glander International Bunkering with a…

J. Lauritzen: No Dry Cargo Recovery

Nov 15, 2015

“The dry cargo markets have shown no signs of recovery during Q3. A lack of demand growth in combination with deliveries of new tonnage will make this the reality of the market for an extended period. Our Q3 result in dry cargo is as expected and a reflection of these market conditions…

Crowley Appoints Tornga as VP - Stakeholder Relations

Nov 14, 2015

Crowley Maritime Corporation announced today that company veteran Craig Tornga has assumed the role of vice president of stakeholder relations for Alaska, and will coordinate with all of Crowley's Alaska business units to leverage relevant company relationships…

Cohen Retires from ExxonMobil, McCarron to Takeover

Nov 14, 2015

Ken Cohen, vice president, Public and Government Affairs, Exxon Mobil Corporation, has announced his intention to retire effective Jan. 1, 2016, after more than 38 years of service.It is anticipated that the board of directors will elect Suzanne McCarron as vice president…

Jamaican Elected to WMU Board

Nov 13, 2015

Maritime Authority of Jamaica’s (MAJ) Director General Rear Admiral Peter Brady has been elected as the Vice Chairman of the Board of Governors of the World Maritime University (WMU) in Malmo, Sweden.  The appointment has been welcomed by…

Another Hurdle for Iran Oil Tankers Comeback

Nov 12, 2015

Iran's oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea worthiness by potential foreign clients, despite easing of sanctions, reports Reuters…

NYK and Astomos Conclude Time-charter Contract for 12th VLGC

Nov 12, 2015

Nippon Yusen Kaisha (NYK)  concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.  The new VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co…

Waldner Appointed LR's Group CFO

Nov 11, 2015

Global engineering, technical and business services organisation, Lloyd’s Register (LR), has announced the appointment of Mary Waldner as Group CFO. Mary is currently Group Finance Director at FTSE 250 listed defence, security, transport…

Seaspan Announces Senior Management Changes

Nov 10, 2015

Seaspan Corporation announced that Sai Chu, Chief Financial Officer, has informed of his resignation and retirement from Seaspan effective November 6, 2015, after more than 10 years' of service with Seaspan and related entities.Gerry Wang…

Glander Appoints Hawkins as Trader & Team Leader

Nov 10, 2015

Glander International Bunkering, a leading marine fuel, lubricant trading and brokering company welcomes Joshua Hawkins as Bunker/Lubricant Trader and Team Leader for the Geneva office. Joshua Hawkins brings five years industry experience…

Seamen’s Unity Day Celebrated

Nov 10, 2015

The Indian seafarers celebrate 6th November as the Seamen’s Unity Day.  The National Union of Seafarers of India (NUSI) commemorated the occasion as is done annually on the 6th of November, which is also a paid holiday for seafarers working on Indian and foreign flag ships…

ST Engineeing Appoints Director

Nov 09, 2015

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Lim Ah Doo as an independent non-executive Director of the Company and a Member of the Audit Committee with effect from 10 November 2015.Mr Lim…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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Ukraine's drone strike restricts traffic on Don River Bridge in Russia's Volgograd
Virgin Australia's private equity boss believes that it can weather the Middle East volatility.
Tanjug Agency reports that the US has postponed sanctions against Serbian NIS Oil Company for a fourth time.