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Norsepower’s Rotor Sail Solution Successfully Tested

Jun 02, 2015

Norsepower’s Rotor Sail technology confirms fuel-saving potential in two independent trials by NAPA and VTT Technical Research Centre of FinlandNorsepower Oy Ltd. and Bore Ltd today carried out successful sea trial of Norsepower’s Rotor Sail Solution…

Ship Carrying 458 People Sinks in Yangtze River

Jun 01, 2015

A passenger ship carrying 458 people sank in the Yangtze River in central China after encountering what the rescued captain said was a storm and strong winds, the government’s Xinhua News Agency reported. The ship, which departed from the…

DNV GL Sees Hybrid Propulsion, Connectivity as Hot Trends

Jun 01, 2015

Hybrid propulsion systems and connected ship solutions are emerging technologies that are gaining ground faster than expected, according to Tor E. Svensen, CEO DNV GL – Maritime, giving an update on the classification society's Shipping 2020 report…

Pangaea Bags Extensions for two Contracts of Affreightment

Jun 01, 2015

Pangaea Logistics Solutions has received extensions for two contracts of affreightment (COA) for dry bulk materials, which it says will generate up to $22m in revenue over the next three years.  The extended contracts will also optimally position Pangaea vessels for backhaul routes…

Technip Buys Out DOF Subsea

Jun 01, 2015

The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.  According to the company, the transaction is done at market terms and will improve the cash position for the Group…

Indian Navy Warships Arrive in Jakarta

Jun 01, 2015

Two Indian Navy warships of the Indian Navy’s Eastern Fleet which has recently participated in SIMBEX with Singapore reached Jakartha as part of their operational deployment. The an operational deployment to South East Asia and Southern Indian Ocean of…

Advocating for Seafarers’ Health

Jun 01, 2015

A new Seafarer Wellness Program, made possible by a grant from the New York Community Trust, continues the Institute’s efforts of providing seafarers with support services in port. In 2014, the Seamen’s Church Institute (SCI) began collaborating…

Strike at Peru's Top Port Likely to Stoke Inflation

Jun 01, 2015

A dockworkers strike at Peru's biggest port, Callao, has hit imports of basic goods in the Andean country and will likely stoke inflation, the main exporters association said Monday. The 18-day strike has nearly frozen activities at the…

Aker Arctic Acquires Canada’s Akac

Jun 01, 2015

Aker Arctic Technology Inc has acquired full ownership of Canadian based company Akac Inc, which is known in the oil and gas industry for its involvement in the Arctic offshore projects and operations. According to Aker Arctic Technology…

Maritime Partner Cicala Joins Clyde & Co

Jun 01, 2015

Clyde & Co has announced that Conte Cicala, a maritime attorney, has joined the firm as a partner in its market-leading maritime group. Cicala will be based in the firm's San Francisco office, further deepening and expanding the firm's shipping practice along the West Coast…

DNV GL Presents Award for Young Professionals

Jun 01, 2015

DNV GL rewarded three engineers for their scientific research at Nor-Shipping today and presented them with the DNV GL Award for Young Professionals. This year’s theme was finding innovative ideas for increasing safety, efficiency and sustainability in the maritime industry…

Shipping Company To Pay $800K For Dumping Oil

Jun 01, 2015

AML Ship Management GMBH, a German company, was sentenced in federal court today to pay a total of $800,000 in fines and community service payments for violating the Clean Water Act and the Act to Prevent Pollution from Ships by intentionally discharging 4…

Pinsent Masons Hires O&G Litigator

Jun 01, 2015

International law firm Pinsent Masons has appointed leading litigator Bruce Craig to join its 30-strong oil and gas team in Aberdeen.He will head up the firm's litigation and regulatory practice in Europe’s oil capital, focussing on contentious issues in the oil and gas…

PowerCell Sweden Appoints Nilsson as CFO

Jun 01, 2015

The newly listed fuel cell company PowerCell Sweden AB (publ) has appointed a new CFO. Karin Nilsson assumes her new position in August 2015.Nilsson joins PowerCell from vehicle digital market place KVD Kvarndammen AB, where she has served as CFO since 2010…

Global Diving & Salvage Opens California Office

Jun 01, 2015

Global Diving & Salvage, Inc. announced the expansion of its California regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global’s core service lines: marine construction…

Logistics News

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Maersk Appoints New Regional Managing Director for Europe

Maersk Appoints New Regional Managing Director for Europe

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