Specialist shipping law firm Clyde & Co says that a Court of Appeal decision whether owners had acted unreasonably in withholding their consent for the use of two nominated VLCCs in a Ship to Ship (STS) transfer of crude oil from another VLCC…
Morgan Stanley's head of crude oil trading in New York, Tom O'Connor, resigned last week, a person familiar with the matter said.O'Connor was a managing director who ran the New York crude oil trading desk. He joined Morgan Stanley in 2000 as an associate…
BMT Group Ltd (BMT) has announced a solid financial performance for the year to September 30, 2013. Although market conditions have been challenging, BMT secured revenues of £163.3m, an increase of 5% year on year, with underlying operating profits of £11…
Siemens informed that with effect from July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development. Ms…
UTi Worldwide Inc. has announced that Jeff Hammond was appointed Senior Vice President, Global Sales. He joined UTi in 2010 as Global Vice President, Customs Brokerage and Compliance, a newly created position which was part of the organization’s…
Goltens Green Technologies will now assist shipowners in demonstrating that ballast water treatment systems installed on board ships comply with the regulatory standardsGoltens Green Technologies, independent ballast water treatment service provider…
The German navigation system manufacturer Raytheon Anschütz, says that together with its exclusive Norwegian distributor Syberg AS, it has been awarded a contract for the supply of an advanced Synapsis Integrated Navigation System (INS) to two new state-of-the-art wind farm service vessels…
An attorney for Texas' leading power company, the bankrupt Energy Future Holdings, told a court hearing on Thursday that it will delay seeking court approval of a restructuring support agreement that lays a path out of Chapter 11.At the…
The innovative walking jack-up platform WaveWalker 1 was presented with the Product and Equipment Innovation Award at the prestigious Ground Engineering (GE) Awards ceremony in London earlier this week.WaveWalker 1, developed by Fugro and Van Oord…
Drydocks World and Dubai Maritime City (DMC) is supporting the 'Green Economy for Sustainable Development' initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai. As part of this initiative…
Oregon Iron Works (OIW) and Vigor Industrial (Vigor) today announced the companies are merging to unite their strengths in advanced manufacturing, shipbuilding and ship repair. Under the terms of the merger, OIW will become a wholly owned subsidiary of Vigor Industrial…
General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to 'work constructively' with the French government on its bid for the power business of Alstom and that he expects the deal to close.GE has encountered resistance to its $16…
As of March 2014 Pivot Maritime International is the first Australian training centre to be accredited by FURUNO as provider of FURUNO’s type specific ECDIS familiarisation training to FURUNO’s customers in Australia.With this accreditation…
Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register.The technical and crew management deal, signed with Danish ship owner Evergas…
Three new 27,000 cbm LNG/Multigas Carriers for Evergas, the Denmark based transporter of petrochemical gases and natural gas liquids, are to be built featuring the integrated Wärtsilä solution, comprising the main propulsion equipment, the gas fuel supply system…
