International Container Terminal Services, Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened…
It's a career-defining moment for 36 college and university faculty April 30, as the Department of the Navy announces the recipients of its 2015 Young Investigator Program, one of the oldest and most selective scientific research advancement programs in the country…
According to the Australian Bureau of Meteorology's update at 0600 hours local time today (30 April), Severe Tropical Cyclone Quang has just reached category 4 intensity.The cyclone lies about 785km (425NM) northwest of NW Cape. Further intensification is possible…
Navico Commercial Marine Division today launched the Simrad HALO Pulse Compression Radar, the world’s most affordable solid-state, open-array radar system with pulse compression technology for non-SOLAS applications aboard commercial vessels…
ClassNK released PrimeShip-GREEN/ProSTA, making it the world’s first classification society to develop software which analyzes and calculates a ship’s speed trial results for EEDI calculation in compliance with the latest IMO Guidelines on 1 May 2015…
A coalition of European shipping sector organisations, led by the European Community Association of Ship Brokers and Agents (ECASBA), has called on the European Parliament, Commission and Member States to honour the commitments to support…
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno will be traveling to Houston for the 2015 Offshore Technology Center May4-7 at NRG Park. The annual conference is an international gathering showcasing leading‐edge technology for offshore drilling…
The Navy will christen the newest guided missile destroyer, the future USS John Finn (DDG 113), Saturday, May 2, during a 10 a.m. CDT ceremony at Ingalls Shipbuilding in Pascagoula, Mississippi.The new destroyer honors Lt. John Finn,…
WISTA India proved that they are committed to enhancing skiil of all women in the Maritime Industry . On 17th April they organised a workshop on 'Manage your customers' at India's premier Business school SP Jain Institute of Management and Research…
As part of growing informal partnership between the two militaries, the navies of China and Russia plan to hold joint drills in the Mediterranean Sea for the first time in mid-May, China's Defense Ministry stated. The 'Joint Sea 2015' exercises will feature nine surface ships…
American corporation XPO Logistics, led by multi-millionaire Bradley Jacobs, agreed to acquire French transport services and global logistics solutions provider Norbert Dentressangle, led by multi-millionaire Norbert Dentressangle, for US$3…
South Korea's Hyundai Heavy Industries has won the Gazprom Flot tender for the construction of the Kaliningrad floating LNG terminal, Gazprom said. It will build a floating liquefied natural gas terminal in the western Russian city of Kaliningrad for $295 million…
Hornbeck Offshore Services completed the sale of three supply vessels to the U.S. Navy, helping boost profits in the first quarter even as low oil prices put pressure on revenues. In February, the Navy agreed to buy three supply boats from Hornbeck with an option to purchase a fourth…
Euronav delivered its best operating profit in seven years, with a 182 percent improvement, and a USD 80.8 million net profit, thanks to the 15 VLCC supertankers the company acquired from Maersk. Core profit rose 180 percent in the first quarter to $131…
Nearly 5,000 NATO troops would take part in anti-submarine warfare exercises off its coast in early May, amid growing regional unease over suspected submarine sightings, Norwegian military said. Submarines, surface ships and aircraft will operate in the exercise…