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Bill Secures Funding for US Warship

Dec 15, 2014

The United States Senate voted 56-40 to pass bill H.R. 83 which funds the federal government for the remainder of the fiscal year. The funding ensures the construction of a 12th LPD-17 amphibious ship at Ingalls shipbuilding in Pascagoula…

ISS Hires New VP for Africa Operations

Dec 15, 2014

Peter Nielsen has been appointed by Inchcape Shipping Services (ISS) to the position of vice president for Africa operations. Nielsen joined the team this month and will support Mombasa-based senior vice president David Mackay with operations activity across the region…

Tanker Markets See Storage Boon from Oil Price Collapse

Dec 15, 2014

The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping. Supertanker rates are already close to five-year highs of over $83…

Dan-Bunkering Employs Accountant

Dec 15, 2014

Janice Chen has been employed at Dan-Bunkering (Singapore) Pte. Ltd. as the company’s new accountant, effective October 27, 2014. Chen took a BA (Hons) in Business and Accounting in the U.K. before returning to Asia and settling in Singapore.

UASC to Open Agency in Switzerland

Dec 15, 2014

United Arab Shipping Company (UASC), a leading global shipping company based in the Middle East has announced that it will open a wholly-owned representation in the Swiss market as of 1st of January 2015. UASC’s new agency in Switzerland (UASAC…

RRC Controls Services Appoints Smith

Dec 15, 2014

3sun Group has appointed James Smith as general manager for its subsea division, RRC Controls Services. Smith joins 3sun Group after a 16 year career with Aker Subsea Limited, where he progressed from a service team workshop manager to global infrastructure and equipment manager…

InterAct Appoints Lerma as Engineering Manager

Dec 15, 2014

InterAct, an Acteon company, has appointed Val Lerma, P.E., as engineering manager. Lerma will be based in InterAct’s Ventura, California, office and has more than 30 years of experience working with major and independent oil and gas operators…

Aschmann to Take CEO Helm at BSM

Dec 15, 2014

Rajaish Bajpaee will hand over CEO responsibility of Bernhard Schulte Shipmanagement (BSM) to his current deputy, Capt. Norbert Aschmann, through planned succession at the end of December 2014 after more than 27 at the Schulte Group. Bajpaee…

Bill Introduced to Protect Great Lakes from Invasive Species

Dec 15, 2014

Camp, Stabenow, Slaughter Introduce Guarding Our Great Lakes Act The Guarding Our Great Lakes Act, a bipartisan legislation designed to protect the Great Lakes from the threat of invasive Asian carp, has been introduced by U.S. Congressman Dave Camp (R-Mich…

Boskalis, KOTUG Merge Harbor Towage Operations

Dec 15, 2014

Boskalis, KOTUG agree to merge European harbor towage operations Royal Boskalis Westminster N.V. and KOTUG International B.V. have signed a Memorandum of Understanding (MoU) to merge the companies’ European harbor towage operations. The…

DNV GL: New RP for Integrity Management of Subsea Production Systems

Dec 15, 2014

Following a new Recommended Practice (RP) for subsea lifting, DNV GL has published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). According to DNV GL, the aim is to help operators carry…

RN-Aero, KazMunayGas-Aero Join Forces

Dec 15, 2014

RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The accord on the signing of the agreement was reached at the IATA International Aviation Forum in Dubai in the end of November…

MacGregor Bags Equipment Contract for 6 AH

Dec 15, 2014

MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on six new-generation Anchor Handling Tug Supply (AHTS) vessels for Maersk Supply Service…

Erik Henriksen Quits Noreco's Chairmanship

Dec 15, 2014

Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be considered by the Board in due course in accordance with applicable regulations. The…

Northrop Grumman Sponsors Jubilee Sailing Trust

Dec 15, 2014

Northrop Grumman Corporation (NYSE: NOC) is among the sponsors of  the Jubilee Sailing Trust (JST), a registered charity whose mission is to promote the integration of people of all physical abilities, including injured and recovering servicemen and women…

Logistics News

Port of Los Angeles Handles Over 1 Million TEUs in October

Port of Los Angeles Handles Over 1 Million TEUs in October

Houthis Attack Saudi Oil Pipeline Pumping Station

Houthis Attack Saudi Oil Pipeline Pumping Station

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

White House to Extend Jones Act Shipping Waiver

White House to Extend Jones Act Shipping Waiver

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