Kalmar, part of Cargotec, has appointed Tero Kokko Senior Vice President, Automation and Projects as of 1 July 2016. He will report to Antti Kaunonen, current Senior Vice President, Automation and Projects who will start as President of Kalmar as of 1 July 2016…
Scientists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) are setting out with the research vessel Polarstern towards Spitsbergen, to use newly developed equipment in the Arctic Ocean. Autonomous instruments on the seabed…
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation.A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours…
Coast Guard crews removed 10 children and two adults from a sailboat, which went aground on Bird Rock north of Shaw Island Sunday.The rescued children and two adults are being transported to Cornet Bay, Whidbey Island, while three adults stayed aboard the Cutty Sark…
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates…
SpeedCast International, a provider of high-speed broadband connectivity to the global maritime industry, has entered into a strategic partnership with Inmarsat, positioning Inmarsat’s new Fleet Xpress service, powered by the Global Xpress (GX) network…
Following a comprehensive exercise to insource all ship management functions and to build a fully integrated shipping company, Golar LNG recently chose the BASSnet software as the core building block for the management of its fleet of 23 LNG carriers…
The Coast Guard and Navy completed a 40-day joint mission in the Central and South Pacific under the Oceania Maritime Security Initiative to combat transnational crimes, enforce fisheries laws and enhance regional security Monday.A Coast…
The Chamber of Shipping of America awarded thirty- nine (39) Bouchard Transportation Co., Inc. operating vessels the Jones F. Devlin Award, at the Annual Safety Awards Luncheon in New Orleans, LA. This award further symbolizes Bouchard’s dedicated commitment to safety…
The buy-out of the Greece's Piraeus Port by Chinese shipping giant COSCO is closer to completion, as shareholders approved a new concession agreement, reports Reuters. Greece had already agreed in April to sell a 67 percent stake in Piraeus to COSCO for $415…
STX Offshore & Shipbuilding may be put under a court-led restructuring scheme, paving the way for the shipyard to avert liquidation, says a report in Korea Times quoting local court. Last month, STX Shipbuilding, once Korea's No. 4 shipbuilder…
After 5 May 2016, companies responsible for shipping commercial goods or services to Saleef, Mokha and Hodeidah ports in Yemen must obtain port clearance via the UN Verification and Inspection Mechanism (UNVIM). Yemen’s Ministry of Transport has announced that…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has agreed to invest in EMAS Chiyoda, a subsea services joint venture between oilfield services firm Ezra Holdings Ltd and Chiyoda Corp. NYK has reached an agreement with Ezra…
Prosecutors on Sunday sought the arrest warrant of the ex-chairman of Hanjin Shipping, who has been hit with insider trading charges, says Yonhap. Choi Eun-young is specifically charged with violating the Financial Investment Services and Capital Markets Act…
The weeks-long traffic jam of cargo ships at the Myanmar’sbiggest port threatens to scare potential investors away and choke off nascent economic growth, says a report in Reuters. The bottleneck at the dilapidated port was caused by a spike…
