Environmental teams from the Port of Los Angeles and Port of Long Beach will hold a joint community workshop on Oct. 14 to gather input on the next update of the Clean Air Action Plan (CAAP). Initially adopted in 2006 and updated in 2010…
The impressive response to the INMEX SMM India 2015 that was officially opened yesterday by Deepak Shetty, Director General of Shipping, Government of India, seems to be a clear indication that the green shoots of economic recovery are finally making their appearance in the country…
Seven of Chinese state departments are investigating four local shipping companies over allegations that they have levied arbitrary and excessive charges for port services following complaints from foreign trade firms, reports Reuters. The…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
Sailors’ Society said it will hold its first ever fundraising event in Greece on Thursday, October 15, in Athenaeum InterContinental Athens’ ballroom for a night that will see the industry come together in support of the Society’s Greek maritime scholarship program for aspiring seafarers…
NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast. The European Commission has concluded that Finland's plans to grant…
MacGregor has received an order worth USD 21 million for optimised cargo handling systems for five 10,500 TEU container ships currently under construction at South Korean shipyard Hyundai Samho Heavy Industries for German operator Hapag-Lloyd…
Oilfield services provider Halliburton Co has agreed to pay $18.3 million total to over 1,000 U.S. employees in pending overtime wages, the U.S. Labor Department said. Halliburton, which was investigated as part of a multi-year compliance…
Press release - Bunker Holding, a Danish company within bunker trading, has secured a new loan facility.In July, Bunker Holding announced its best result ever with a profit of $91 million before tax and an equity of $295 million, a result which…
Halliburton Co, the world's No. 2 oilfield services provider, said on Monday it has laid off staff in Williston, North Dakota, blaming plunging crude oil prices.The company provided no details on the number of employees affected.'Halliburton…
Greenhouse gas emissions from thawing Arctic permafrost could result in an additional $43 trillion in economic impacts by the end of the twenty-second century, according to a new study by researchers from the University of Cambridge and the U…
Sinotrans Shipping, one of China’s largest shipping companies, is in negotiations to take part in a joint venture to commission the building of five Arctic LNG carriers, says the company's stock market announcement. The company said in…
A Kickstarter campaign has been launched for CLANDESTINE, a short film that follows the perilous journey of a group of refugees across the Mediterranean. The latest film by Writer/Director Stuart Gatt, the drama delves into the horrors that have led to the death of 2000 refugees…
Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI). With impressive pedigrees in innovation and technology in the subsea industry, these new board members will…
