Liberia has become the first flag state to participate in the Green Award program, under which eligible shipowners will be offered significant annual tonnage tax discounts. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR)…
At its 49th meeting last month, the Paris MoU Committee approved the 2015 inspection results and adopted new performance lists for flags and Recognized Organizations. These lists will take effect from July 1, 2016. The White, Grey and Black (WGB) List presents the full spectrum…
DONG Energy's Chief Executive Henrik Poulsen said renewable energy like wind will be produced at a lower cost in the future. 'I have no doubt that costs of offshore wind and solar energy over time will come down and be at same level as fossil fuels…
The Bomin Group, a leading global physical supplier and trader of marine fuel oil, has today appointed Andrew Laven as the new Regional Manager for Middle East and Africa. Laven has a wealth of experience in the bunkering industry, most recently as Vice President of BP Middle East…
Dutch shipbuilder Ferus Smit has delivered the second LNG-powered cement carrier, MV Ireland, to owners JT Cement, a joint venture between Swedish shipping company Erik Thun AB and Norway’s KG Jebsen Cement. MV Ireland, along with sister vessel MV Greenland delivered in December 2015…
Braemar Shipping Services Group PLC has announced that Sheila McClain, Executive Vice President of Braemar Engineering, has been appointed Braemar Engineering's new Managing Director. McClain will continue to be based in Houston, Texas and…
New Zealand based fishing company Talley’s Group Ltd. has been fined $73,520 and ordered to pay $21,000 in reparations to the family of a crewman killed in an on-board accident in July 2014. The 24-year-old crewman Leighton Muir was decapitated…
The Coast Guard responded to an overturned vessel and three people in the water Wednesday on Lake Champlain, Vermont. Sector Northern New England watchstanders received a call at approximately 2:15 p.m. from a person on land reporting a capsized…
On 29 May at the presentation ceremony for the International Maritime Awards, held at the two-day Shiptek 2016 conference in Dubai, Damen Shipyards Sharjah (DSSh) received the prize for Best New Building Yard. The trophy was accepted at the ceremony by DSSh managing director Lars Seistrup…
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, is driving a global roll-out of its new cargo and agency platform, YourISS2.Designed to increase efficiencies, standardise processes and documents and enhance service delivery…
A new fireboat was officially welcomed into service Wednesday at the Port of Long Beach, representing a significant leap forward in protecting the harbor and the flow of trade through the nation’s second-busiest seaport.In a dockside ceremony attended by 100 invited guests…
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable August 20, 2016, to stockholders of record at the close of business on July 20…
The Board of Commissioners of the Port of New Orleans is set to host the 105th Annual Meeting of the American Association of Port Authorities (AAPA), the largest gathering of Port and maritime professionals in the Western Hemisphere. The conference…
Beach Energy Ltd has appointed Mr Morné Engelbrecht as its Chief Financial Officer, effective 29 August 2016.Mr Engelbrecht is a Chartered Accountant with experience in the oil, gas and resource sectors across various jurisdictions, including Australia…
ABS and Capital Ship Management Corp. (“Capital”), a distinguished ship management company, have collaborated to install an advanced condition monitoring system on the propulsion shafting of the Capital managed vessel M/T Agisilaos, a 36,700 dwt…
