Jan Westerhoud, President of Europe Container Terminals (ECT), will step down and retire from the company effective January 1, 2015, the company announced today in a press release. This decision was made in consultation with main shareholder Hutchison Port Holdings Limited (HPH)…
Wärtsilä Corporation is to acquire L-3 Marine Systems International from NYSE-listed L-3 Communications Holdings Inc. L-3 Marine Systems International (L-3 MSI) is a business sector within L-3’s Electronic Systems business segment primarily focused on the commercial ship industry…
The Government of British Columbia said it has listened to the truckers serving Port Metro Vancouver and has released its proposed rate structure, which will soon be brought into force, providing fair wages for these truckers plus other improvements moving forward…
Port of Cleveland budgets for more investments in 2015; reports findings from independent study of Irishtown Bend The board of the Cleveland-Cuyahoga County Port Authority voted today to accept an annual budget for 2015. The budget includes…
Military Sealift Command operation and maintenance contracted awarded to Crowley Maritime Crowley Maritime Corp.’s global ship management group has been has been awarded the contract for the operation and maintenance of the T-AGOS/T-AGM fleet for the Military Sealift Command…
Many ShipConstructor users have already realized the value of SSI's new information-sharing tool, SSI EnterprisePlatform PublisherLT. This product was launched in September 2014 with the ShipConstructor 2015 release. However, a number of clients…
Vistronix has acquired the Agency Consulting Group (ACG). The McLean Group's Aerospace, Defense & Government Services (ADG) practice served as the exclusive mergers and acquisitions (M&A) advisor to ACG. Founded in 2004 and based in Columbia…
McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports.The fast-food chain said it was importing more than 1…
Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated…
RN-Uvatneftegaz, a subsidiary of Rosneft, produced 50 millionth ton of oil since the start of Uvat project implementation in 2004. In 10 years of enterprise performance the annual oil output increased almost by 10 times – from 1.2 mln tons in 2004 to about 10 mln tons…
Mariners are advised that due to low precipitation, and declining outflows, the water levels on Lake St-Louis are lower than normal. For this reason, the speed limit between buoys A30 and A40 is reduced as follows: Vessels with a draft…
Navigation in the Parana River was temporarily interrupted due to an fuel spill after a collision between two vessels at km 285 (near Sab Pedro) on Saturday, 13 December.One of the vessels suffered damage on its fuel tank causing fuel spill…
Leading classification society ClassNK announced that its register topped 230 million gross tons for the first time at the end November 2014. The announcement was made following a meeting of the Society’s Classification Committee, which certified that the NK Register listed 8…
The Lloyd’s Register Foundation today launched its Foresight review of big data and announced a conditional grant offer of £10 million to support research by the Alan Turing Institute on engineering applications of big data.The Foundation’s…
The Municipality of Rotterdam, Port of Rotterdam Authority (PoR), Erasmus University of Rotterdam and Rotterdam partners are joining hands to put Rotterdam more clearly on the map, both at home and abroad. The concerted profile under the…
