Seafarers’ House is pleased to announce the launch of its Legacy League Endowment with a goal to reach $1 million.The Fort Lauderdale-based nonprofit organization began its fundraising efforts in mid-October with gifts from Charter Members of its Legacy League totaling more than $150…
IEA report sees a transformed market, with supply more responsive to prices than in the past – and demand less so The recent crash in oil prices will cause the oil market to rebalance in ways that challenge traditional thinking about the responsiveness of supply and demand…
The Board of Directors has approved a new long-term incentive programme for key personnel of Cargotec for 2015 - 2018. The programme is similar in form to the one approved one year ago covering 2014 - 2017. The purpose of the programme is to increase Cargotec's profitability…
Fortis Inc. will host its inaugural U.S. Investor Day on Wednesday, April 1, 2015 in New York. The following senior executives will provide an overview and update on Fortis operations, recent developments and strategic outlook:• Barry Perry…
Vard Holdings Limited will release its results for the fourth quarter and full year ended 31 December 2014, before market opens on Friday, 27 February 2015.Senior management will host a results teleconference, details of which are as follows:Date : Friday…
Second ocean shipping executive pleads guilty to price fixing on ocean shipping services for cars and trucks A former executive of Japan-based Kawasaki Kisen Kaisha Ltd. (K-Line) pleaded guilty Friday, February 6, and was sentenced to 14 months in a U…
The 11th Annual Arctic Shipping Forum starts on 24 February 2015 in Helsinki Congress Paasitorni, Finland.The first Arctic Shipping conference includes 250 attendees, 60 speakers form 20 maritime nations.http://www.arctic-info.com/cached_image/y030hadcg4q_Size346x212…
BMT Asia Pacific (BMT), a subsidiary of BMT Group, the leading international maritime design, engineering and risk management consultancy, has opened its first ever environmental testing facility in Jakarta, Indonesia. Certified to ISO17025 by Komite Akreditasi Nasional (KAN)…
Mitsubishi Heavy Industries, Ltd. (MHI) has received the Grand Prix at the Nikkei Annual Report Awards 2014 sponsored by Nikkei Inc. The Grand Prix is the top award to be given to the company most highly appreciated by judges. The award-winning…
Workers represented by the Building Trades Unions will return to Marathon Petroleum Corp's refinery in Catlettsburg, Kentucky on Monday, even as a strike by the United Steelworkers drags into a second week, documents obtained by Reuters show…
A chronic shortage of drivers means America's long-haul trucking companies are struggling to capitalize on cheap fuel prices that could allow them to take goods shipments away from railroads.A 50 percent fall in oil prices from their…
A silver Hyundai Genesis rolling down the ramp of the Wallenius Wilhelmsen vessel Isolde became the 5 millionth vehicle handled by International Auto Processing at the Port of Brunswick.“On behalf of the GPA, I would like to congratulate IAP…
Japanese automakers are being forced to ship some car parts to U.S. plants by expensive air cargo and tweak production processes as a protracted labor dispute at U.S. West Coast ports shows no signs of letting up.Fuji Heavy Industries Ltd's Subaru…
Brazil's Petrobras chose current Banco do Brasil SA Chief Executive Aldemir Bendine as its new CEO on Friday, government sources said, as the embattled state-run oil company tries to regroup following the sudden resignation of nearly all of its senior managers amid a corruption scandal…
First State Investments is taking over the ferry route Helsingør-Helsingborg including the five vessels operating the line. The contract with First State Investments became effective retroactively as of 1 January 2015.In connection with the closing of the sales…
![Green Tech: Rise of the [Hull Clening] Robots](https://images.maritimeprofessional.com/images/maritime/w120h100/169588)
