BOURBON completes vessel sales to ICBC Financial Leasing and Standard Chartered Bank and announces new sale and bareboat charter agreement with Minsheng Financial Leasing Co. BOURBON has completed the transfer of ownership under the agreements…
BAE Systems in the U.K said it will take on 710 apprentices in 2015, the highest intake in the company’s history. Next year's intake surpasses the record set in the previous year by 142 places and includes 45 places for apprentices who will…
The International Monetary Fund will resume bailout talks with Greece once a new government is in place after next month's snap general election, IMF spokesman Gerry Rice said in a statement on Monday, noting that Athens faces no immediate funding needs…
Two people drowned and four were missing at sea and feared dead after two merchant ships collided in rough seas off the Italian coast on Sunday, Italian officials said.A Turkish ship with 11 crew members sank after the collision with a vessel…
The Coast Guard is searching for the master of a freight ship reported overboard approximately 60 miles east of Wake Island Sunday.Watchstanders at the Coast Guard Joint Rescue Coordination Center were notified at approximately 6 p.m…
ARC Towage of Trinidad & Tobago has taken delivery of the last of a series of four Damen ASD 2810 Tugs.All four have been delivered in less than 18 months. The speed of delivery was one of the reasons ARC Towage chose Damen Shipyards Group for its new vessels…
The Board of Directors of Swissco Holdings Limited and its subsidiaries have informed shareholders of the Company that the Group has discovered that an aggregate amount of approximately S$2.58 million was misappropriated from the accounts…
BG Group today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will…
An important initiative by Wärtsilä to support and stimulate the maritime economy in South Africa has come to fruition with the delivery of a state-of-the-art Wärtsilä 20 engine. The engine has been donated by Wärtsilä to the Nelson Mandela Metropolitan University (NMMU)…
Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million.DNV classed and Norwegian-designed, the VS491 21,000 bhp AHTS is a hybrid propulsion diesel electric driven vessel with dynamic positioning 2 (DP2) technology…
Passengers aboard a car ferry that caught fire off the coast of Greece early on Sunday pleaded for help as rescue vessels struggled to approach the burning vessel in high winds and rough seas. The Norman Atlantic, carrying almost 500 passengers and crew and more than 200 vehicles…
An Italian-flagged ferry carrying 466 passengers and crew caught fire while sailing from Greece to Italy, coast guard officials said on Sunday.The Norman Atlantic, sailing from Patras in western Greece to the Italian port of Ancona, was…
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.Korea…
Singapore said on Sunday it has activated its air force and navy to help in the search and rescue operation for the AirAsia jet that went missing on a flight from Surabaya, Indonesia to Singapore.'Two C130s are already on stand-by for this purpose…
Germany plans to expand the network of charging stations for electric cars across the country to help boost lacklustre demand, a Transport Ministry paper seen by Reuters showed.Chancellor Angela Merkel's government wants to bring 1 million…
