Study shows Connecticut shipbuilding industry worth $2.5 billion to state’s economy, supports nearly 23,000 jobsThe American Maritime Partnership (AMP) joined with the Shipbuilders Council of America (SCA) to highlight new data that shows…
IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished…
Lamprell today announced its financial results for the first half of 2014, reporting results ahead of expectations due to strong operational performance and early results from savings initiatives, generating improved margins.Revenues rose by $125…
The Australian Government today announced $21.5 million funding for 12 cutting edge R&D projects that will keep Australia at the forefront of solar research. Parliamentary Secretary for Industry Bob Baldwin made the announcement at an Australian…
Governors seek President Obama’s support for upper Mississippi River commercial navigation locks and ecosystemThe Governors of the five Upper Mississippi River States of Illinois, Iowa, Minnesota, Missouri and Wisconsin are seeking President…
The Long Beach Board of Harbor Commissioners – seeking to expand opportunities for a wider range of vendors, contractors and consultants – has set a higher goal for the Port of Long Beach to buy goods and services from small and very small businesses…
Global exhibition organizers join forces to launch Indian subcontinent’s largest maritime event – INMEX SMM IndiaTaking advantage of the expected growth the Indian maritime industry is set to witness over the next six years, Informa Exhibitions…
A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international accountant and shipping adviser Moore Stephens.The survey elicited the…
The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide. While 75% of those surveyed think that it’s essential or important…
ATR Group is set to introduce new compressor technology to the Norwegian market following a £7 million investment in its rental fleet. The company’s Power Solutions division is one of the only organizations supplying the DNV 2.7-2 NORSOK…
Today, I had the opportunity to speak to a group of industry professionals at the Finished Vehicle Logistics Conference, where the theme of the discussion was the import and export of new cars.I’m sure you’re wondering what vehicle logistics has to do with the Maritime Administration…
For Dr. Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank, and member of the SMM Advisory Board, innovative financing solutions are key to Europe's continued international competitiveness in maritime high technology.On September 8…
Hamburg and St. Petersburg have been partner cities since 1957, cultivating close economic, cultural, social and scientific contacts. Similarly, the ports of the two cities have maintained excellent economic links for decades. So even in a politically tense situation…
Otto Marine Limited, an offshore marine company which owns and operates a fleet of offshore support vessels, shipyard and offers specialized offshore services, announced that the group has appointed UOB Kay Hian Holdings Limited to advise the group on strategic options…
Chemical Tankers had an EBITDA of $24 million, compared with $17 million in the first quarter. Improved utilization with only minor interruptions of trade. Time-charter results were up by 10%.Odfjell's shareholding in the tank terminals…
