Norway-headquartered drilling contractor Sevan Drilling and Chinese shipbuilder Cosco Corporation have agreed to delay the end of the first deferral period for cylindrical ultra deep water drilling rig Sevan Developer from 15 October 2015 to 1 November 2015…
The heavy lift arm of China’s Cosco Group, China Shipping Co (Coscol) has almost doubled its profit for for the first nine months despite a fall in revenue. Coscol recorded a profit of RMB366.08m ($57.67m) from January to September, a surge of 90…
Nils S. Andersen chief executive of oil and shipping giant, Moller-Maersk says that his company was prepared to weather the storm to defend its 15 percent share of the global container shipping market, reports CNBC. Of late, the shipping…
World Shipowners’ Association (WSA) has appointed Nigeria-born Forbes billionaire and President of Slok Group, Orji Uzor Kalu as interim president of the body. Kalu, an eminent businessman and former governor of Abia State will occupy the…
Malaysian Maritime Enforcement Agency (MMEA) in Johor Baru thwarted the biggest robbery attempt so far this year on marine fuel oil (MFO). MMEA director-general Admiral (Maritime) Ahmad Puzi Ab Kahar said in a Twitter message that the robbers…
Crowley Maritime Corporation has entered into strategic partnership agreement with South Korean-based green technology developer Panasia Co., Ltd. for ballast water treatment systems to be installed during retrofitting of its ATB fleet. The agreement also includes technical services…
North P&I Club said it has strengthened its Mediterranean-based claims team with the transfer of Dev Lajmi, one its most experienced senior claims executives, from the U.K. head office to its regional office in Piraeus.North’s local director Tony Allen said…
IRClass Academy, the training arm of the Indian Register of Shipping (IRClass), has delivered a six-day training program on naval shipbuilding for the officers and members of the Warship Overseeing Team of the Indian Navy and managers from India’s leading naval shipyards…
The horrific explosions in the Chinese port of Tainjin illustrated vividly just how volatile port operations can be. But safety issues are only one facet of risk in the complex world of shipping ports.From piracy on the high seas to data thievery in port…
Chris Shirling-Rooke has taken the helm as the new CEO for Mersey Maritime following the retirement of his predecessor, Jim Teasdale.Shirling-Rooke, who joined Mersey Maritime as Commercial Director in 2013, took on the role of acting CEO 12 months ago…
Marine Marketers of America (MMA) is presenting a free seminar for members of the boating industry attending the Ft. Lauderdale International Boat Show. Slated for Friday November 6 from 8:30 - 10 am at Bahia Mar's Grandview Room, the event includes a membership mixer…
Corvus Energy, a supplier of Type-Approved energy storage systems (ESS) for the commercial maritime industry is proud to announce the opening of Corvus Norway AS.Corvus Norway AS is at the forefront of a new trend in the marine industry…
IMO Secretary-General Koji Sekimizu has welcomed the adoption by the United Nations Security Council of a UN Security Council resolution which authorizes Member States to intercept vessels suspected of migrant smuggling off the Libyan coast…
The Port of Seattle Commission approved a motion to provide four weeks of paid parental leave for non-represented employees during the 12 months following the birth, adoption, or placement of a foster child in the employee’s home – effective Jan…
The Port of Portland Commission today welcomed new commissioners Alice Cuprill-Comas and Gary Young. Both were earlier nominated by Gov. Kate Brown and confirmed the Oregon State Senate.Alice Cuprill-ComasCuprill-Comas of Portland is a transactional lawyer…