Boskalis today announced their collaboration with GoodFuels and Wärtsilä in a two-year pilot program to accelerate the development of truly sustainable, scalable and affordable marine bio-fuels. Bio-fuels today are not part of the marine fuel mix that operators and owners can choose from…
The Greek government plans to delay the privatization process for its largest Port, Piraeus, by a few weeks due to delays caused by the September 20 election to the works of the ministries involved in the procedure, reports Reuters. The…
Press release -Crowley Maritime Corporation has awarded Crowley Scholarships to four University of Alaska Fairbanks (UAF) students, Allyson Wukovich, Isaac Peacock, Ashley Johnson and Gabriel Smith. Chosen for their academic achievements and meeting other scholarship criteria…
Rolls-Royce Holdings plc today announces the appointment of Sir Kevin Smith CBE as a Non-Executive Director. Sir Kevin will join the Board with effect from 1 November 2015 and will become a member of the Nominations and Governance Committee…
South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships. The shipbuilders' earnings are expected to remain in the doldrums until the first half of 2016…
Adani Ports has entered into a non-binding Memorandum of Understanding with L&T Shipbuilding Limited (L&T) for evaluating the operations of the port at Kattupalli, Tamil Nadu, with effect from October 1, 2015 for a period of one month. The…
Transatlantic eastbound chemical freight rates dropped slightly this week on a continued lull in the spot market, ICIS reports brokers as saying. It was the second drop in as many weeks. The latest SSY Base Oil Shipping Report noted that…
Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours.Sergey Shirokiy, the chief of the tourist department of the Russian Arctic national park summed up the results of the tourist season…
New Hampshire's top court on Friday upheld a $236 million judgment against Exxon Mobil Corp over groundwater contamination linked to gasoline additive MTBE.The New Hampshire Supreme Court ruling affirms a 2013 jury decision that rejected…
The Road Map to $500 Billion Indo-US Trade by 2025 was the focus of the Annual Convention of the Indo-American Chamber of Commerce, on September 28th and 29th, 2015 in Mumbai. The Convention, addressed by Policy makers and Industry leaders…
Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that Heather Xue has been employed as Bunker Purchaser at the company’s Beijing office as of September 1, 2015.Xue has a background as a project manager and comes with experience from the Chinese bunker market…
Spanish oil company Repsol plans to cut its global workforce by 6 percent over the next three years, according to an internal document seen by Reuters.The cuts form part of its 2016-2020 strategic plan, according to the document.Reporting by Jose Elias Rodriguez
The rapid growth and development of the Philippine maritime training market caused a dramatic increase in demand for state-of-the-art simulation systems compliant with the latest MARINA and CHED training requirements. Being the leading provider of the maritime simulation and training solutions…
Japan has confirmed it is ready to build Australia’s submarines entirely at local shipyards, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract, reports Reuters. According to Masaaki Ishikawa, director general for Acquisition Reform at the Ministry of Defense…
Moody’s Investors Service (Moody’s) changed the rating for German Container shipping company Hapag-Lloyd to positive from stable, thanks to cheaper fuel. According to Moody’s the outlook on the B2 corporate family rating (CFR), the B2…
