Rajesh Tripathi assumed charge as the new Chairman and Managing Director (CMD) of the public sector Dredging Corporation of India (DCI) w.e.f. February 02, 2015. Capt. D. K. Mohanty, Chairman and Managing Director has been relieved from the services of the Corporation w…
President Joko Widodo, popularly known as Jokowi, roadmap for Indonesia as a maritime power in the Indo-Pacific region, has been lauded by the international community, with several countries offering to cooperate with the government to realize this vision…
The insurance and certification requirements of the Convention on the Removal of Wrecks become effective this April. In this connection, the Danish Maritime Authority has a request for Danish companies and shipowners.Therefore new regulations…
The American Association of Port Authorities (AAPA), the recognized and authoritative voice of the seaport industry, yesterday noted some positive aspects but mostly disappointment over the funding levels and programmatic changes in federal…
The subsea vessel Island Performer has been upgraded for her next assignment in the US. Ulstein Verft has installed cargo tanks and corresponding piping, a switchboard room for deck equipment and the sea fastening frame for stacks, as well as platforms for the tower winches…
A hijacked Malaysian coastal tanker has been recovered by the prompt actions of the Malaysian Maritime Enforcement Agency (MMEA) off the coast of Malaysia.The owners of the Malaysian tanker lost contact with the tanker at 2200 hours on 28 January 2015…
Azerbaijan criticised Standard & Poor's for resorting to what it said were 'double standards' after the agency revised the country's sovereign credit outlook downward to negative on Friday.S&P said Azerbaijan's fiscal and external balances would be hurt by the substantial drop in oil prices…
In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut…
Brazil's government is planning to take steps to save energy through more efficient usage to avoid blackouts and the risk of rationing, Energy Minister Eduardo Braga said on Friday.The worst drought in more than 80 years has drained hydroelectric…
Moore Stephens says shipping must monitor developments in wake of Greek government change International accountant and shipping adviser Moore Stephens says it is too soon to say whether the Syriza party’s victory in the country’s elections could…
Some 10 pct of oil workers laid off; Energy sector at risk of cutting too much.Norway's offshore energy sector may be repeating the mistakes of the last big oil slump, removing too much capacity too soon and leaving the industry unprepared for any eventual rebound…
Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA).The Domestic Surveyor Accreditation Scheme came into effect on January 2.AMSA standards manager Adam Brancher…
Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration of the multinational maritime Exercise Cutlass Express, Jan. 28, 2015.Exercise Cutlass Express 2015…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the third quarter and nine months ended December 31, 2014.Consolidated cargo handled by the company was 108 MMT in 9M-FY15…
Waterways Council, Inc. (WCI) to honor Senator Lamar Alexander and Senator David Vitter with Leadership Service Awards; Washington Meetings and Waterways Seminar ahead WCI will recognize Senator Lamar Alexander (R-Tenn.) and Senator David Vitter (R-La…
