The founder of Kurdistan-focused oil company Gulf Keystone, Todd Kozel, has stepped down from the its board, the company said at its annual general meeting on Thursday, giving in to shareholder pressure.Gulf Keystone also announced that…
While airports, ports and GARVEEs are holding steady, according to several new Fitch Ratings reports, increasingly, state and local governments are realizing the benefits of risk transfer, cost certainty and asset preservation through public-private partnerships (P3)…
Global Rescue, a crisis response firm providing medical, security, evacuation, and travel risk management services, says it has coordinated the rescue of a rower from the middle of the Indian Ocean after he sustained severe burns.Ocean Row…
American Commercial Lines presented Marine Environmental Stewardship Awards on Wednesday, July 16 in Houston, Texas, recognizing 35 customers for safe handling of chemicals, petroleum products and other liquid cargos.The customers recognized…
Grains inspectors who began a strike on Wednesday in Argentina's pivotal Rosario export hub will extend it for a second day if there is no progress on their demand for higher salaries, a senior union official said.Other unions are also threatening labor actions…
Retired Coast Guard Cmdr. William Moeller spoke to members of the local community and recruits at the Ida Lewis Auditorium at the Coast Guard Training Center in Cape May, N.J., July 13, the U.S. Coast Guard said.Moeller provided his first…
A recent analysis of Australian port state control (PSC) deficiencies revealed several detentions due to incorrect use of charts. The Australian Maritime Safety Agency (AMSA) has reported a noticeable increase in the use of unofficial charts…
A joint venture of five industrial auction companies will sell the physical assets of the 300-acre McDermott fabrication facility in Amelia, La. McDermott continues to operate its other fabrication facilities at multiple locations worldwide…
WISTA-UK welcomed the announcement of Devizes MP, Claire Perry as the new Parliamentary Under Secretary of State at the Department for Transport. The organization which represents women working in the shipping industry recognises the importance of new female members of the Cabinet…
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, has released the following statement on the U.S. Senate confirmation of Paul ‘Chip’ Jaenichen as U.S. Maritime Administrator: “AMP members appreciate Administrator…
The full economic impact of the U.K. marine industry and spend associated with boating participation was estimated to total £6.2 billion in 2012/13, according to a new report released by the British Marine Federation (BMF). Latest industry trends…
Chevron will cut about 225 jobs in its North Sea oil operations in Aberdeen, Scotland following a review of its business, the company said on Wednesday.The jobs reduction will include contractors, employees and expatriates, it said in a statement to Reuters…
Siemens Wind Power said on Wednesday two senior executives will leave the company, one to a firm in Denmark, a leading producer of wind turbines and a major consumer of renewable energy.A spokesman from Siemens Wind Power, a Denmark-based unit of Siemens AG…
Victor Technologies has informed of its 2014 Student Cutting and Welding contest, which offers students cash prizes. Even better, schools associated with student winners will each receive an equipment package valued at more than $4,000. Victor Technologies will award more than $30…
Retlif Testing Laboratories, a strategic compliance organization and independent testing laboratory, has received the Cogswell Outstanding Industrial Security Achievement Award from Defense Security Service (DSS).Presented at the annual…