Keppel Corp., the world’s largest builder of oil rigs, posted a 41 per cent fall in quarterly profit, its fourth straight decline, as offshore and marine segment revenue slumped because of the deferment of some projects and suspension of contracts related to Sete Brasil…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $4.9 million in grants to support capital improvements at nine small shipyards located throughout the United States. Provided through the Small Shipyard Grant Program…
Mitsui O.S.K. Lines, Ltd. (MOL) has launched a charity donation drive within the MOL Group to help people afflicted by the recent earthquake in the Kumamoto region. The company has also decided to donate ¥10 million to support and rescue the afflicted people…
The unique, apprenticed-based format attracts both quality candidates and employers, changing forever the way North American workboat operators grow loyal talent. At a time when workboat operators perhaps are looking to cut costs, preserve the bottom line and some…
Agreement to promote mutual understanding renews a bilateral commitment to academic and educational cooperation The Institute of Chartered Shipbrokers, the maritime industry’s only body dedicated to professional education, has signed a…
UTEC Survey, an Acteon company, has announced the strengthening of its management team in Australia to further enhance the company’s client-focused approach.Former UTEC Survey Australia Operations Manager Mick Elmslie has taken on the role of Business Development Manager…
The United Kingdom Hydrographic Office (UKHO) and the Maritime and Port Authority of Singapore (MPA) have announced a new bursary training scheme in Marine Cartography and Data Assessment. Organized jointly by the UKHO and MPA over a five-week period from April 18…
Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel makes serious inroads into the marine bunker market. The global shipping sector…
With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean. For over two decades, the company has operated two offices in Norfolk…
With its latest succession of contracts won, ballast water treatment (BWT) specialist Optimarin reports it has now sold more than 400 of its environmentally friendly UV-based systems. Optimarin said 2016 has been a boom year for a company…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has extended its physical supply services to provide additional options for ship owners in the port of Esbjerg in Denmark.KPI Bridge…
Zephyr Maritime has been launched as a new executive search firm focusing solely on mid to senior level shore based appointments within the maritime industry.Behind the initiative is founder Alexander G. Tsavliris, who with four generations…
Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI…
NTNU spin-off company Eelume collaborates with Kongsberg Maritime and Statoil to develop swimming robots for subsea inspection and light intervention.Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company…
In their “Best route market study for containerised imports to South Germany”, published at the beginning of March, the Drewry Group’s supply-chain consultants investigated via which ports containers imported from Shanghai can be transported fastest and cheapest to southern Germany…
