As Imperial Oil, as senior partner in the northern venture with ExxonMobil and BP, told Canada’s National Energy Board (NEB) that the exploration program has been deferred, the plan to revive arctic gas and oil drilling in deep Canadian waters of the Beaufort Sea ground to a halt…
Port Everglades received key federal clearance to begin the next phase of deepening and widening its channels. The port now can seek Congressional funding for a project that would generate thousands of jobs and maintain the region's leading position in international trade…
As of June 26, 2015, Klein Systems Group Ltd. has changed its name to Saab Technologies Ltd. Klein Systems has been a wholly owned subsidiary of Saab AB since 2012. Saab is a $3.5 billion company serving the global market with world-leading products…
The board of directors of Twin Disc, Inc. has elected Jeffrey S. Knutson to the position of chief financial officer and treasurer effective June 22, 2015 in addition to his current roles as vice president of finance, corporate controller and secretary…
An Illinois man who was captain of a petroleum barge that exploded in a Chicago canal in 2005, killing a crew member, was sentenced to six months in prison on Friday, prosecutors said. Dennis Egan, 36, of Topeka in central Illinois, and the barge owner…
Mitsui O.S.K. Lines, Ltd. (MOL) inaugurated Junichiro Ikeda as its new president on June 23, 2015. “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic…
Broward College, Crowley, SIU take part as Seafarers’ House celebrates International Day of the Seafarer More than a dozen students and faculty members from Broward College’s Global Supply Chain Management School gathered at Seafarers’ House…
Britain: April 30, 1940 – Brisbane, Queensland, Australia: June 22, 2015 Family, friends and colleagues of Capt. John Foley, Master Mariner and Great Barrier Reef “Grand Pilot” gathered together at St. Augustine’s Church, Hamilton, Brisbane on June 26…
The official charity of the America's Cup World Series Portsmouth, The 1851 Trust is to partner with The Andrew Simpson Sailing Foundation to deliver inspiring sailing taster sessions to school children in Portsmouth and the surrounding areas throughout the summer holidays…
“Viking Sea”, the second of three ships which Fincantieri is currently building for the company Viking Ocean Cruises, was launched today at Fincantieri’s shipyard in Ancona. Interior fittings will now begin, leading the ship to its delivery scheduled in spring 2016…
Sustainability is now firmly on the global business agenda, but there is an urgent need to turn words into action. This is a key conclusion in the independent report; “Impact – Transforming Business, Changing the World” prepared by DNV GL on behalf of the United Nations Global Compact…
The Royal Australian Navy Adelaide class frigate, HMAS Melbourne, has successfully fired two Evolved Sea Sparrow Missiles, reinforcing her war-fighting and mariner skills. The missile firings were conducted off the coast of New South…
Aker Philadelphia Shipyard ASA has appointed Jan Ivar Nielsen as Chief Financial Officer effective September 2015.Since 2009, Nielsen has held the position of CFO of VARD Holdings, a publicly listed global designer and builder of offshore…
The port of Antwerp, the second-largest in Europe, is to collaborate with Shanghai Maritime University (SMU), a world-renowned centre of maritime know-how. As of next academic year four master’s students at SMU will receive a Port of Antwerp Maritime Award…
Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each. Three Chinese-made submarines worth 355 million dollars each may be purchased by Thailand for its Royal Navy, the newspaper Bangkok Post reported today (Friday)…