‘Next Generation Marine Power & Propulsion’ is a fast moving networking event that focuses on viable solutions for vessels of all sizes. More than 20 expert speakers will highlight a range of unique opportunities. The program covers three phases…
RMS has published a new report examining the current state of cargo modeling in the marine market, and providing a new cargo-specific approach to the assessment of vulnerability and port accumulation. The report “Marine Cargo Catastrophe Modeling: Navigating the Challenges…
Damen Anchor & Chain Factory (AKF) has shown it remains expert in welding following the renewal of its ISO certification. The certificates; ISO 9001 and ISO 3834 welding procedure show AKF follows stringent quality management systems and has…
Semco Maritime Norway informs it has been awarded a new framework agreement for supply of temporary staffing to Statoil ASA.The agreement applies to several types of specialists, both onshore and offshore, at Statoil’s installations and onshore facilities…
Ship owners, managers, operators, flag states and training academies have partaken in extensive discussions on how to create a single, shared data environment for ship, shore, traffic control and training schools, during the closed forum organized by Transas at the CMA Shipping 2016 this month…
Bernhard Schulte Shipmanagement (BSM) is further expanding the scope of ship management services it offers with the addition of two new service offerings – Lay-up Services and Green Recycling.Both services have been developed to meet changing…
Shipping companies are increasingly gathering information from the fleet in order to improve their operations and safety performance. Without easy–to-use and data smart systems potential insights and improvements may be lost. Time-consuming…
Statoil has, on behalf of relevant licensees, exercised options for previously awarded drilling service contracts for fixed installations. Options have been exercised for 17 installations on the Norwegian continental shelf.In 2012 Statoil…
Today, Kvaerner and its sub-contractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field. The topside construction starts on schedule and budget. The Johan Sverdrup development is being executed with a high degree of Norwegian value creation…
The Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent. Earnings before taxes amounted to € 9.772.290,19 for the year ended 31.12.2015 against €8.891.464,98 in 2014 showing an increase of 9…
France is an attractive investment location for DP World’s projects related to infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics, said DP World Group Chairman and CEO Sultan Ahmed bin Sulayem…
Despite historically low rates carriers are unlikely to be killed off as creditors and governments will step in, says Drewry Shipping Consultants Limited. Recent news stories, backed-up by anecdotal stories told to Drewry, report that carriers…
China Shipping Container Lines Co. posted a net loss of 2.9 billion yuan ($448.5m) in 2015, compared with profit of 1.04 billion yuan in 2014, the nation’s second-biggest container shipping company said in a statement. China Shipping in January had forecast a loss of 2…
China Shipping Development Company Limited (CSDC) achieved 34.95% higher profit for 2015 totaling in RMB417 million ($64.3 million) when compared to figures from 2014, mostly due to a very strong tanker market. The revenue was stable at RMB12…
Port operator APM Terminals to develop a new transshipment terminal in Tangier, Morocco with an annual capacity of five million TEUs. APM Terminals MedPort Tangier will become operational in 2019, serving multiple trades and will be the first automated terminal in Africa…
