Italy-listed D'Amico International Shipping (DIS) made a net profit of $11.4m in the first quarter, reversing its net loss of $6.8m last year, as the product tanker freight market improved. The board of the product tanker owner on Wednesday…
There have been reports that members of the crew of the cargo ship Maersk Tigris that had been detained by Iranian authorities, have been released Wednesday. The statement was made by the Iranian Foreign Ministry’s Spokeswoman Marzieh Afkham…
Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV. TBS will continue as manager of a series of dry bulk pools, while Heidmar will provide its pool expertise…
Belgium-based dredging and marine construction giant Jan De Nul Group has ordered two 6,000 ton Subsea Rock Installation vessels at AVIC Weihai shipyard in Weihai, China. The vessels will be able to install rock at depths up to about 600 m by means of a flexible fall pipe…
Australian Defence Minister Kevin Andrews has requested Japan to participate in procedures to become Australia's partner in a project to jointly develop next-generation submarines. Andrews made the request in a telephone conversation with…
North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according to US defense officials cited by the Washington Free Beacon. The test took…
Thrustmaster of Texas has appointed Joshua Song as General Manager of Singapore-based Thrustmaster Asia Pacific Pte Ltd. 'Thrustmaster manufactures L-Drive azimuthing thrusters for drillships, FPSOs and semi-submersibles best suited for Asia Pacific's growing offshore industry…
MTN delivered the Mayweather-Pacquiao fight to 30 vessels at sea – the only live broadcast delivered in international waters On Saturday, May 2, 2015, thousands of passengers and crew on 30 ships in the Pacific, Mediterranean, Gulf of Mexico…
The threat to maritime security from piracy, terrorism, criminal acts, and hostage and kidnapping threats continues to pose challenges to ships’ owners, masters and crew members, and has resulted in the International Marine Contractors Association…
Polar Code environmental provisions set for adoption at IMO’s Marine Environment Protection Committee The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 68th session from May 11-15…
In October, Rio de Janeiro will transform into the “oil capital”. The city, which is already an international marketplace for the sector, prepares to host two of the largest international energy events: the Brazilian edition of OTC, the major global Offshore conference…
A coastal pilot training program tailored to the unique challenges of working on the Great Barrier Reef has been recognized by the Transport & Logistics Industry Skills Council (TLISC).Australian Reef Pilots (ARP) was awarded the 2015…
Equiom, has announced the appointment of Tobi Mathews as an exclusive, in-house consultant to its yachting and aviation teams.Based at Equiom’s Jersey office, Tobi will work with the teams to provide support across all aspects of Equiom’s services to their worldwide client base…
ABS Group has announced the release of a new offshore Asset Integrity Management (AIM) service focused on driving operational reliability, efficiency and profitability for asset owners and operators. The AIM services are delivered by a newly…
Ampelmann announced that it will open a new office in Houston, Texas as the next step in the company’s continued expansion. Ampelmann said the new office strengthens its presence in the Americas and confirms the company’s commitment to the global oil and gas industry…
