One of the most significant global issues over the past 10 years is the vast changes in the Arctic region. The world has again turned its attention to the Arctic, this time mainly because of the climate effects in the Arctic, the economic potential of the region…
The Vietnamese government is considering implementing a new decree that would require shipping companies to publicize their freight tariffs (including surcharges and commissions paid to brokers). Several foreign logistics companies have expressed concern about the proposal…
Dr. Shashi N. Kumar, Academic Dean at the U.S. Merchant Marine Academy (USMMA), has accepted a position to serve as Deputy Associate Administrator and National Coordinator for Maritime Education and Training at the headquarters of the Maritime Administration (MARAD)…
Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today…
Press Release -- Twenty-nine young women and men are starting their dual studies program today at Voith in Heidenheim. Alternating between the company and the Baden-Württemberg Cooperative State University (DHBW), 22 students will study the…
On April 30, next year the 11th amendment of the Marine Equipment Directive (MED) comes into force, making compliancy with the Bridge Alert Management (BAM) concept mandatory for all navigation equipment.Imtech Marine, as a bridge systems integrator…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
With only five legislative days left to avoid a government shutdown, Congressman Steve Israel (NY-03) announced legislation that will ensure United States Merchant Marine Academy (USMMA) midshipmen can continue attending classes in the event of a shutdown…
Sailors’ Society said it will hold its first ever fundraising event in Greece on Thursday, October 15, in Athenaeum InterContinental Athens’ ballroom for a night that will see the industry come together in support of the Society’s Greek maritime scholarship program for aspiring seafarers…
Beach Energy Limited announced that Mr Robert Cole will, on cessation of his employment with Beach on 14 October 2015, continue as a non-executive director of the company.Mr Cole will nominate for re-election as a non-executive director at the 2015 annual general meeting…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…
NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
The Transportation Safety Board of Canada (TSB) is deploying a team of investigators following the girding and sinking of the tug Sea Imp X in the North Arm of the Fraser River, British Columbia. The occurrence took place yesterday at approximately 20:00 PDT…
Though cracks were detected in the concrete walls of one of the locks of the newly expanded Panama Canal last month, the Panama Canal Authority (ACP) is maintaining an April 2016 start date for the revamped inter-oceanic waterway, reports Fox News…
The UK Chamber of Shipping has signed a Memorandum of Understanding with the Society of Maritime Industries and British Marine, to set out the basis for the three organisations to work together for the benefit of the industry as a whole. Shipping…
