The U.S. Coast Guard informs it has released its report of investigation of the October 2012 sinking of the tall ship 'Bounty', during which one crewmember died and another remains missing and is presumed dead, off the coast of Cape Hatteras…
Coast Guard Marine Safety Unit (MSU) Savannah informs it has held a change of command ceremony to formally recognize transfer of command of the unit from Cmdr. Joseph Loring to Cmdr. Amy Beach.Cmdr. Loring served as commander of MSU Savannah…
The UK P&I Club has issued a 'Legal Briefing' to share its legal expertise and experience on the stricter air pollution regulations that are on the horizon.By 18th June 2014 all European Union member states are expected to implement directive 2012/33/EU…
DP World took advantage of strong market conditions and scarcity value to raise a $1 billion convertible bond with a ten year lifespan on Thursday, in order to fund growth opportunities and diversify its funding sources.The issue is a rare…
‘Europa 2’ made her first appearance in the port of Kiel early on the morning of June 11, 2014. The new Hapag-Lloyd Cruises flagship, arriving from Copenhagen, was greeted in the Kiel Fiord by a water fountain display from a port tug and escorted…
Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm.According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2…
Enable Access to Real-Time Info, Better Situation Awareness, for Small and Unmanned Vessels.Gilat Satellite Networks Ltd. (Nasdaq:GILT) has provided its low-profile maritime terminals for various naval vessels of an unnamed Asian country…
In a speech given at the ASEAN Ports & Shipping Conference in Jakarta, Phillip Emmanuel, Regional Director Asia-Pacific of the freight transport insurance specialist TT Club, called for operators to do more to minimize preventable accidents that result in bodily injury…
New Agreement Brings Market Leading Broadband and Mobility Solutions to the Maritime, Oil & Gas and Enterprise Sectors. Intelsat S.A. (NYSE: I) has established strategic agreement to provide access to its global C- and Ku-band broadband mobility network to SpeedCast…
Brent at 3-mo high, U.S. crude hits highest since September Kiwi jumps the most in four months after rate hike U.S. shares dip after data, but energy stocks up Crude oil prices spiked on Thursday on worries over supply as violence escalated in Iraq…
Cheap Russian gas undermines alternative supply projects Azeri plan to bring gas to Italy may collapse-analyst Plans to expand pipeline links with Algeria, East Med stalled U.S. LNG imports unprofitable at current low prices As…
September 2014, Bill Heller will be appointed President and CEO of Messer Cutting System, Inc. Located in Menomonee Falls, Wisconsin; he will be replacing Gary Norville acting President and CEO who will be retiring in August, 2014. Gary Norville has spent 32 years at Messer Cutting Systems…
The Milan stock exchange has given the green light to the listing of shares in Italian state-owned ship maker Fincantieri, it said in a statement on Thursday.The initial public offering of a minority stake in the company is part of a privatisation…
Specialist shipping law firm Clyde & Co says that a Court of Appeal decision whether owners had acted unreasonably in withholding their consent for the use of two nominated VLCCs in a Ship to Ship (STS) transfer of crude oil from another VLCC…
Offshore energy, whether oil, gas or wind, faces a tightening regime of restrictions. In Germany, for example, the German Federal Bureau of Maritime Traffic and Hydrography (BSH) recently updated its standards for offshore wind energy units…
