An Indian court has declined to quash or stall an antitrust investigation into Dubai-based port operator DP World's alleged anti-competitive behaviour at the country's largest container port in Mumbai, three sources told Reuters on Wednesday…
Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer.In addition, industry veterans Paul…
The oil and gas producer Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business, based in Jakarta.Lumadyo will join Neptune from Mandala Energy Indonesia, where he is currently Country President and General Manager…
Russia’s maritime shipping company Sovcomflot has announced that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks.The completion of this credit facility marks the successful finalisation of SCF’s 2018 financing plan…
The US-based chemical tanker company Ardmore Shipping Corporation announced that Reginald L. Jones is stepping down as Chairman of the Board of Directors of the Company effective December 31, 2018. Curtis McWilliams has been appointed as Chairman of the Board effective January 1…
ALMACO Group recently delievered 36 new luxurious Seabreeze Penthouses and two new spacious Seabreeze Penthouse Suites to Crystal Cruises’ ocean-going vessel Crystal Serenity. The project, which was part of an extensive redesign of the ship…
Daewoo Shipbuilding Marine Engineering (DSME-Korea) awarded Bardex a ShipLift System in order to increase the capacity of the shipyard from the previously installed 1990 system. The originally installed smaller system had been running continuously for the past 28 years…
Last week saw the opening of Hålogaland bridge in Narvik, Norway, the longest suspension bridge within the Arctic Circle. The construction has been coated with Jotun Protective solutions.Hålogaland bridge has been dubbed ‘the most beautiful…
ALMACO secured the order to build 1121 passenger and crew cabins plus all the galleys, bars, pantries and provision stores, including cold rooms, freezers and walk-ins, for Viking Line’s newbuild at Xiamen Shipbuilding Industry Co., Ltd. (XSI) shipyard in China…
A seafarer has survived six days in the open sea after the ship he was on sank in the Bali Strait.Indonesian Nahum Naibahas, 26, known as Riski, was on board the Multi Prima, which sank when it was hit by two-meter high waves on 22 November…
The St. Lawrence Seaway and Great Lakes ports are reporting strong growth in November cargo volumes that is expected to carry through in the final weeks of the 2018 season. Overall cargo volumes through the St. Lawrence Seaway from March 29 to November 30 topped 36 million metric tons…
Waterson Terminal Services is joining Green Marine environmental certification program for its stevedoring and terminal operations at ProvPort. Green Marine is a leading North American environmental certification program for the maritime transportation industry…
Revised Comment Period: Draft Merchant Mariner Medical Manual, Notification of Availability and Request for Comments.The Coast Guard is seeking public comment regarding the draft Merchant Mariner Medical Manual. The guidance in this manual should assist medical practitioners…
Reflections 2019 – Market Analysis Section By Peter Sand, Chief Shipping Analyst.This article contains extracts from BIMCO’s Reflections 2019, which will be available in full on 2 January 2019 on www.bimco.org and will be sent out to all BIMCO…
Royal Caribbean International returned to the Port of New Orleans (Port NOLA) when the Vision of the Seas homeported at the Julia Street Cruise Terminal for its inaugural cruise Dec. 15, 2018. The 2,514-passenger ship will sail seasonal, seven…