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Statoil’s President & CEO Helge Lund Resigns

Oct 15, 2014

Statoil President and CEO Helge Lund has informed the company's board of directors that he will resign.Helge Lund has chosen to leave Statoil to take up the position as CEO of another international oil and gas company. The board of directors…

General Dynamics Delivers Micro Encryptor to U.S. Navy

Oct 15, 2014

General Dynamics C4 Systems’ cyber-defense products team recently delivered the 100,000th TACLANE®-Micro (KG-175D) in-line network encryptor to the U.S. Navy’s Space and Naval Warfare Systems Command (SPAWAR). SPAWAR develops, delivers and sustains communications capabilities for warfighters…

Early Contract Termination for Loke Viking

Oct 15, 2014

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017…

EVPs of Petroleum Geo-Services Swap Responsibilities

Oct 15, 2014

From November 20th Magne Reiersgard, Executive Vice President (EVP) Operations, and Per Arild Reksnes, EVP Marine Contract of Petroleum Geo-Services, will change roles, with Mr. Reiersgard becoming EVP Marine Contract and Mr. Reksnes becoming EVP Operations…

ST Marine Celebrates Naming of RNOV Al Seeb

Oct 15, 2014

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the naming ceremony today for the first Patrol Vessel (PV) built for Royal Navy of Oman (RNO). The Guest-of-Honour…

Bore and P&O Ferries JV add RoRo Vessel

Oct 15, 2014

Bore and P&O Ferries announces today that they have agreed to add a further RoRo vessel to the long-standing partnership in the North Sea.M/V Estraden will be added to the vessel portfolio sailing for P&O alongside M/V Norsky, M/V Norstream and M/V Bore Song…

MacGregor Mooring Systems for Tender Rigs

Oct 15, 2014

MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited. The Self-Erected Drilling Tender (Hull No…

Update from Cyclone Hit Indian Ports

Oct 15, 2014

Two ports on the Eastern Coast of India that suffered extensive damage from the Hudhud cyclone have provided a status update. Gangavaram PortYesterday night port declared the impact of cyclone HudHud as  ‘force majeure’.As a very preliminary assessment of the port…

Carnival Corp MOU with CSSC to Promote Cruise Industry

Oct 15, 2014

Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding Corporation (CSSC) to explore the possibility of a joint venture aimed at accelerating…

Doreste Recognized at Hispanic Engineers Conference

Oct 14, 2014

Huntington Ingalls Industries (HII) announced that Mario Doreste, a program manager at the company’s Newport News Shipbuilding division, was honored by the Great Minds in STEM (science, technology, engineering and mathematics) organization at…

DNV GL Forms Americas LNG Solutions Group

Oct 14, 2014

To meet the rapidly growing demand for a wide variety of LNG related services, DNV GL has established a group of LNG experts in North America. In addition to deep LNG expertise, the Houston-based “LNG Solutions Group - Americas” is also experienced in all business…

Fincantieri: Vard Expects Negative EBITDA in Q3

Oct 14, 2014

Italian shipmaker Fincantieri said its Singapore-listed subsidiary Vard expects marginally negative earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter.Vard, which makes offshore vessels for the oil and gas industry…

Protecting Shippers from Ebola Outbreak

Oct 14, 2014

IMO Response to Ebola OutbreakThe IMO have reacted quickly in response to the international emergency recently declared by the World Health Organization (WHO) over the Ebola outbreak in West Africa. In September the IMO issued an international…

Puerto Rico Announces Plan for Port of the Americas

Oct 14, 2014

Port of Ponce Authority actively seeking international port operatorPuerto Rico announced today that it is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island…

SHIPPINGInsight 2014 Wraps in Stamford

Oct 14, 2014

Three days of speakers, panels, roundtable discussions, exhibits and networking events More than 150 shipping industry professionals from around the world gathered this month in Stamford, Conn., for SHIPPINGInsight 2014 – a technical and…

Logistics News

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

Danish Container Traffic Hits Record in Third Quarter

Danish Container Traffic Hits Record in Third Quarter

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

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Marsa Maroc, the Moroccan port operator, will buy 45% of Boluda Maritime Terminals
Polish power grid targets zero-emissions transmission network by 2035
Final report on the 1994 Estonian ferry disaster shows that bow failure was responsible for the tragedy.