Drop in commodity prices has slashed global demand for bulk carriers, pushing shipyards out of business, says Chinese news agency Caixin. Huai Jinpeng, a vice minister from the Ministry of Industry and Information Technology, which oversees…
TOTE Maritime Alaska announced that Michael Noone will assume the role of President, January 1, 2016. Noone joined TOTE Maritime Alaska as Chief Operating Officer in August 2013, bringing 28 years of experience in the shipping and logistics field…
Foss Maritime announced that John Parrott will join the Foss executive team as Chief Operating Officer (COO). Parrott comes to Foss from sister company, TOTE Maritime Alaska, where he has served as President for sixteen years. In his new role as Foss' COO…
The bodies of six oil workers missing from an Azeri oil platform in the Caspian Sea that caught fire on Friday have been found, the state energy company SOCAR said on Monday. It said a helicopter search for the other missing would continue at daybreak…
Carey Lowe has been named chief operating officer of offshore drilling services provider Ensco plc. He is based in London and succeeds Mark Burns, who is retiring from the company.Lowe has held various executive management positions at Ensco since joining Ensco in 2008…
The ABYC Foundation is partnering with BRP Evinrude in a December donation campaign to fund two outboard engines to marine technology classrooms. The ABYC Foundation is seeking donations to reach $7,000 per outboard to ensure delivery to schools…
French container shipping giant CMA CGM is to buy Singapore's Neptune Orient Lines for $2.4 billion, making its biggest-ever acquisition to help it to ride out a severe market downturn. The takeover, which the companies expect to proceed in mid-2016 following anti-trust approvals…
Tidal energy developer OpenHydro, a DCNS company, has secured honors at this year’s Engineers Ireland Excellence Awards and SEAI Sustainable Energy Awards. At the Engineers Ireland Excellence Awards, OpenHydro won the Tech Innovation Award for its Turbine Control Center…
The report 'Employment and production in Blue Denmark 2015' was published today, providing updated information on Denmark’s vibrant maritime industries. For the second time, the Economic Council of the Labour Movement has drawn up a report…
Videotel, an international provider of e-Learning maritime training programs and a company of KVH Industries, Inc., has appointed Joe Pitcher as its sales director to lead business development efforts and liaise with Videotel’s global network of agents and sales offices…
Fugro has announced Joseph P. Linck, Jr. has joined Fugro as a Senior Consultant to represent our business development efforts in South Texas and in particular the Rio Grande Valley and the Corpus Christi areas. Linck brings to the position more than 30 years of professional experience…
Hansa Heavy Lift announced the continuation of its global expansion program with new offices in Brazil and the United Arab Emirates (UAE), as well as the appointment of a new commercial agent in Colombia. The new office in Rio de Janeiro…
Open training courses will let more customers benefit from Alfa Laval’s in-depth expertise. Alfa Laval has conducted marine training courses for many years, both on its own premises and in other locations around the world. In most cases…
U.S. oilfield equipment maker National Oilwell Varco Inc will cut its Norwegian workforce by another 900 people after low oil prices resulted in fewer orders, the company said on Monday.The layoffs come on top of cuts announced in June when…
The Assembly of the International Maritime Organization (IMO) has called on its Member States to accept a 2012 international fishing vessel safety agreement, in order to bring it into force and address the heavy casualty rate in the sector…
