Indian shipping trade union the National Union of Seafarers of India (NUSI) has asked the Indian Ministry of Shipping for financial help toward the training of maritime workforce in oil exploration activities. The union’s General Secretary…
SeaTrepid International LLC announced that it is forming a new division thus expanding its service offerings to include Autonomous Underwater Vehicle (AUV) mapping operations. “With SeaTrepid’s deep knowledge and expertise in robotic operations coupled with our deep talent pool…
Since 2008, the National Marine Representatives Association (NMRA) has contributed to the future of the marine industry with scholarships to individuals pursuing education and a career in the maritime trades. This year, the group will award two $1…
Bollinger Shipyards has delivered the USCGC Donald Horsley, the 17th Fast Response Cutter (FRC) to the United States Coast Guard (USCG). The Coast Guard took delivery on March 5, 2016 in Key West, Fla., and is scheduled to commission the vessel in Puerto Rico during May…
The root cause of many groundings and collisions, lost anchors are among the top five reasons for claims costs. A rising number of anchor losses reported over the last several years prompted DNV GL, Gard and The Swedish Club to investigate this issue…
V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, which has an established track record for providing high quality, safe and reliable ship management and support services to blue-chip clients.Bibby Ship Management…
A new global policy introduced by the Maersk Group, the parent company of APM Terminals, will provide a minimum of 18 weeks of maternity leave for new mothers. The maternity leave, at full pay, will be followed by a phased reintegration to work over the next six months…
Jessy Karam-Castillo has been appointed as GAC’s dedicated Alliance Representative for the Chevron Shipping account, based in Houston. Her appointment comes after the retirement of Chris Steibelt, after 29 years with the GAC Group, most recently based at Chevron HQ in San Ramon…
Two Indian sailors were killed in a fire on board a vessel off Yemen while three Indians injured in the fire have been admitted to a hospital in Oman, Indian External Affairs Minister Sushma Swaraj said. Sharing the tragic news on twitter…
The bunkering vessel 'Bo Feng You 10' reported a fire on board in the morning of Mar 7, 2016, says Dalian Maritime Safety Administration. The vessel was was anchored near Dalian’s Mianhua Dao port area with 600 tons of diesel oil on board…
South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) posted a KRW 5.13 trillion (USD 4.3 billion) worth loss for the full year of 2015. Due to writing down more charges from offshore projects which are under construction…
French carrier CMA CGM’s revenue and profit slipped last year despite a 6.3 percent volume increase, but the company said it’s counting on cost cuts and the pending acquisition of Singapore’s NOL to overcome a “tough” start to 2016. CMA CGM's full-year sales were $15…
A merger between Hyundai Merchant Marine (HMM) and Hanjin Shipping remains a real possibility, says the London-based analyst firmDrewry, who has looked at how such a company will look like. The research paper published by Drewry Maritime…
Lenders to Eagle Bulk Shipping Inc gave it a few more days to negotiate a deal to boost its liquidity and avoid default. The supramax specialist Eagle Bulk has extended its forbearance and standstill agreement with its creditors by a further…
French-based CMA CGM, the world's third-largest container shipping firm, said on Monday it expects its volume growth to outperform the market again in 2016 after strong expansion last year helped it cushion a slide in freight rates. CMA CGM…
