Paris-listed seismic giant CGG and Russia's largest shipowner, SCF Group (Sovcomflot), have formally registered a joint-venture company focused on coldwater surveys, reports Interfax. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
The Athens, Greece-based DryShips reported a $1.44bn loss in the second quarter but delivered an operational profit that was in-line with expectations. DryShips is an international provider of marine transportation services for drybulk and petroleum cargoes…
Japan may give planes to the Philippines that Manila could use for patrols in the South China Sea, as part of its increasing involvement in the area. This would deepen Tokyo’s security ties with the Southeast Asian nation most at odds with China over the disputed waterway…
Two shipyards under Cosco Shipyard Group have pushed back the delivery dates for two converted high-end floating accommodation unit (FAU) at the customer’s request. Cosco (Nantong) Shipyard, a subsidiary of Cosco’s 51% owned subsidiary…
Sohar Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port. Hanjin started its container service to Sohar from Far East, which is…
Infuriated workers have formed picket line at Hutchison Ports in Botany, NSW after 97 employees from Sydney and Brisbane were sacked by email. Hutchison Ports Australia operates as Brisbane Container Terminals in Queensland. Brisbane port…
Adm. John M. Richardson, director, Naval Nuclear Propulsion Program, was confirmed by the Senate as the 31st Chief of Naval Operations (CNO) Aug. 5. Richardson will replace Adm. Jonathan W. Greenert who has been CNO since September 2011…
Fifty-five new apprentices were ceremoniously welcomed at container shipper Hapag-Lloyd’s headquarters in Hamburg Monday as the young men and women prepare to begin their careers in the maritime field. “Hapag-Lloyd is Germany’s largest training provider in the shipping industry…
Worldwide shipping group CMA CGM informs that two of its containerships are leading a vessel procession that celebrates the inauguration of the newly expanded Suez Canal on Thursday, August 6.The two vessels at the head of the procession…
Dun & Bradstreet nnounced today the appointment of Cindy Christy, president and chief operating officer of Asurion Corporation, to the company's Board of Directors, effective immediately.In this role, Christy will share her broad experience…
Incat Crowther has entered into a contract to design a 33m Catamaran Dive Vessel for Down Under Cruise & Dive of Cairns, Australia. Construction of the vessel is well underway at Marine Engineering Consultants on Queensland’s Gold Coast.Incat…
A new generation 'Antigoon' class dredger, called Scheldt River, being built by Royal IHC in the Netherlands on behalf of the Belgium based DEME Group, is to be powered by Wärtsilä dual-fuel (DF) engines. This will be the first ever dredger…
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today that it will participate in the events planned to celebrate…
The board of directors of General Dynamics has elected Mark Malcolm to be a director of the corporation, effective August 5, 2015. He has been appointed to serve on the Audit Committee.Malcolm is the president and chief executive officer of Tower International…
India's state-owned companies can now make their own shipping arrangements of both dry and liquid bulk cargo without having to route their requirements through the Shipping Ministry. The Cabinet Committee on Economic Affairs (CCEA) has…
