JDR said that James Young will take up the role of Chief Technology Officer with effect from 1st February 2016. In his prior role as Engineering Director, Young led the attraction and development of JDR's engineering talent for many years…
A consortium of Japanese shipyards decided to sell its stake of Ecovix, which controls the Rio Grande Shipyard, reports Reuters. Mitsubishi Heavy Industries, four other shipbuilders said in October 2013 acquired 30% of Ecovix-Engevix Construcoes…
After a decade-long boom, there were zero new orders globally for jack-up rigs last year on account of the current oil downturn. Singapore's largest rig builders finding it difficult to navigate safely, reports The Straits Times. With oil prices swooning…
Container vessel capacity delivered in 2015 has reached a new record as 212 new cellular containerships, with a total capacity of 1,714,860 teu, have joined the global fleet over the course of this year, according to Alphaliner Research. The…
IMO and the World Customs Organization (WCO) have signed a partnership agreement to maintain, update, publish and distribute the IMO Compendium on Facilitation and Electronic Business. The compendium provides essential guidance and standardised…
South Korea's big three shipbuilders are set to post over 8 trillion won (US$6.66 billion) in operating losses in 2015 because the industry has not found a way out of a prolonged slump, reports Yonhap. According to the industry data, the top three shipyards - Hyundai Heavy Industries Co…
The French State has implemented new provisions regarding tax exemptions on commercial vessels of at least 15 meters in length, including yachts. The provisions came into force on the 1st January 2016. These provisions can be found in…
Aquatic Engineering & Construction Ltd, an Acteon company, has marked 1 million working hours without a single Lost Time Incident (LTI). This milestone follows on from Aquatic’s achievement of 1,000 days without an LTI in December 2014. The…
Borets, a company in engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has named David Langley as North American HSE manager. Based at Borets’ U.S. corporate office in Houston, Langley will be responsible…
Independent naval architecture and marine engineering consultancy ICE has expanded the design facilities of its subsidiary in Galati, Romania and is recruiting 50 additional engineers to help deliver its order book, the firm announced today…
A number of claims and disputes have arisen where cargoes of Distillers Dried Grains with Solubles (DDGS) originating from the United States have been rejected by Chinese receivers.The cargoes were rejected on the basis of color. If the color of the DDGS is dark…
The Navy is aligning limited duty officers (LDO) who support the nuclear enterprise under the 640X designator into the 62XX nuclear power series, according to NAVADMIN 006/16 released Jan. 6.This change aligns all submarine and nuclear enterprise LDOs' job functions…
The “Rules and Regulations for Construction and Classification of Indian Coast Guard Ships”, developed by the Indian Register of Shipping (IRS) were formally released by the Director General Indian Coast Guard, Vice Admiral HCS Bisht AVSM…
Over the course of the year the extent of the shipping industry’s confusion – some would say delusion – on how to clean up its emissions became clear, says Sotiris Raptis, shipping and aviation officer, European Federation for Transport and Environment…
The Shanghai International Shipping Institute (SISI) predicts a surge in bankruptcies within China's dry bulk shipping industry, Reuters reports. The overall business climate in China continues to deteriorate and dry bulk shipping companies…
