The search for a crew member missing from a containership between Bayonne, N.J. and Ocean City, Md. was suspended, the U.S. Coast Guard reported. The crew member was last reported aboard the 600-foot, Marshall Islands flagged freight ship Ibrahim Dede after departing Bayonne…
Pon Holdings and Parcom Capital announced they have agreed to buy Imtech Marine, the marine division of Dutch engineering services company Royal Imtech who has been declared bankrupt. No monetary figures have been shared. The final details of the takeover are yet to be worked out…
Dutch engineering services company Royal Imtech has been declared bankrupt and its Marine and Nordic divisions are being sold to private investors, the company and its administrators said on Thursday. Imtech, which employs 22,000 people…
Alphatron Marine announced it has appointed Erik van Boom as country manager for the Euro border region Scheldemonden. With recent changes in Belgium, where Alphatron Marine has taken over the sales and service activities of maritime navigation and communication equipment of Astron NV…
In announcing plans to restructure its offshore and dynamic positioning (DP) operations in the U.K. and U.S., maritime engineering consultancy Braemar Engineering informs it has appointed Kyle Eddings to a new role within the company. Eddings…
More Cargo, Less Fuel, Greater Flexibility are Design HallmarksDeltamarin debuted a design that it dubs the first state-of-the-art container vessel of its series, the A.Delta2300. With extensive R&D the maritime design house delivers what…
Van Oord has been awarded the dredging contract for the Kaohsiung Intercontinental Container Center Phase II in Taiwan. The client is the Port of Kaohsiung, Taiwan International Ports Corporation (TIPC). The contract value amounts to approximately EUR 130 million…
APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A. (Compas S.A.) have signed a joint venture agreement to jointly manage and operate Compas S.A.’s existing multipurpose Cartagena Terminal…
Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de Contenedores de Buenaventura S…
Odd Arne Slettebø, CFO of Noreco since November 2014, has handed in his resignation and his employment will cease on 31 October.Since Mr. Slettebø joined Noreco in 2012 he has played a central role within accounting, compliance and the restructuring processes during the past years…
Friday’s preseason game against the Denver Broncos marks the start of football fans’ ferry travel season. To manage the influx of people, Washington State Ferries will provide additional ferry sailings leaving Bremerton at 10:15 p.m. and leaving Seattle at 11:30 p…
The Short-Term Energy Outlook (STEO) released on August 11 forecasts that North Sea Brent crude oil prices will average $54 per barrel (b) in 2015 and $59/b in 2016, which is $6/b and $8/b lower than projected in last month’s STEO, respectively (Figure 1)…
More than 100 city officials, educators, community members, and representatives from the river industry attended West Kentucky Community and Technical College’s open house and ribbon cutting for its Inland Logistics and Marine Institute (ILMI) August 10…
Former BP PLC Chief Executive John Browne said fellow FTSE 100 giant Royal Dutch Shell PLC is risking its long term reputation and finances by deciding to drill n the Arctic, the BBC reported. But the CEO of Royal Dutch Shell says he decided…
The merger talk between two state-run shipping conglomerates Cosco Group and China Shipping Group is on strong footing on on Beijing’s command. According to sources, the companies would release an outline plan within three months. Chinese…
