The SENER Engineering and Technology Group closed the 2013 financial year with an operating revenue of €1.218 billion, representing a growth of 7.6% on the previous year. The number of people working at SENER reached 5,570, an increase of 3…
The United States Coast Guard informs that it has recognized ConocoPhillips subsidiary Polar Tankers, Inc. with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence. Vice Admiral Peter Neffenger, the USCG 29th Vice Commandant…
Rep. Coble started off in 1949 in North Carolina, 250 miles inland, where he knew “virtually nothing” about the Coast Guard prior to enlisting. He was attending Appalachian State University in Boone, N.C. where his college classmates had gone…
New Zealand's Port of Tauranga on Thursday said it had signed a 10-year agreement with domestic freight logistics company Kotahi to facilitate more large freight visits to the country's largest port.Under the agreement, Kotahi will provide…
Northrop Grumman Corporation recently presented the 2014 Elmer A. Sperry Junior Navigator of the Year Award for 2014 to Midshipman Robert Francisco Yerkes-Medina in ceremonies at the U.S. Naval Academy.The award recognizes a member of the…
Bollinger Shipyards, Inc. has delivered the Raymond Evans, the 10th Fast Response Cutter (FRC) to the United States Coast Guard (USCG).The announcement was made by Bollinger President, Chris Bollinger: “We are extremely proud to announce the delivery of the Raymond Evans…
Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region.OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku…
Inchcape Shipping Services (ISS) Greece was honored by the Port of Piraeus Chairman and CEO, Yiorgos Anomeritis for the company’s contribution to the port’s development and its dedicated service to the Greek cruise industry.During the inauguration of the Regal Princess…
After the arrival of the second set of rolling gates, the Panama Canal Expansion keeps moving forward reaching a new milestone at the Pacific side with the pouring of more than two million cubic meters of concrete, the Panama Canal Authority (ACP) reported…
The Liberian Registry has called on shipping regulators to ensure the effective implementation of existing rules to protect human life, safety and the environment, opposed to creating new rules and regulations.Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry…
The Dubai Council for Marine & Maritime Industries (DCMMI), representative for the well being of maritime sectors, announced the launch of its website www.dcmmi.ae at an official ceremony at the Maritime Business Center, Dubai Maritime City…
On June 4 2012, Deputy Maritime Administrator Paul “Chip” Jaenichen was named Acting Maritime Administrator. With the U.S. Maritime Administration since July 2012 when he was appointed Deputy Maritime Administrator by President Obama, Jaenichen…
Sitting in our Mercedes Benz at a major truck stop, I pressed up against the window of the passenger seat to watch my wife fill the tank at the gas pump. I am not allowed to drive her car, much less anything else having to do with its operation…
Maritime businesses face a broader range of risks than most. A look at some recent business transactions is proof enough.Risk is a critical element of every maritime-related business transaction from a financial risk management perspective…
Outside investors and other variables change the way that shipping firms manage risk. Investable assets include ships, freight and even the hedging of bunkers.'Shipping is now an investable asset,” was an important observation by analyst Tyler Rosenlicht…
