Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the risk it creates to the reputation of…
Ulrich Ulrichs, Chief Operating Officer of Rickmers-Linie has been promoted to Chief Executive Officer of the heavy lift and project cargo liner service specialist, with effect from May 1, 2014. In this context Rüdiger Gerhardt has passed on the role of Global Head of Rickmers-Linie to Ulrichs…
BSR’s Clean Cargo Working Group (CCWG) and the Clean Shipping Index (CSI)— two environmental reporting initiatives for ships and ship operators—signed a memorandum of understanding to collaborate for cleaner, more efficient shipping. Through this agreement…
The American Salvage Association announces the appointment of Jason Clark as the Association’s Communications and Public Relations Manager. Jason will assume a range of duties, to include the writing and issuance of press releases as well as…
Enteq Upstream PLC (Enteq), a provider of systems and components for Measurement While Drilling (MWD) and directional drilling, has appointed CS Fan as China and South East Asia (SEA) sales manager, announced Martin Perry, Enteq’s chief executive officer…
Approximately 100,000 people will attend the Offshore Tecnhology Conference (OTC) in Houston this week where Ulstein is among roughly 80 Norwegian companies that are included.“U.S.A. is an increasingly important area of growth, and we see the importance of being present…
Leading US carrier in the Pacific Matson report that in the first quarter of 2014 its financial results were negatively impacted by the timing of fuel surcharge collections.Highlights Net Income of $3.4 million versus $9.1 million in 1Q13 Operating income of $9…
The SS Edmund Fitzgerald did not have any survivors of the 1975 sinking in the frigid waters of Lake Superior. If there had been one, his story may have sounded a lot like Dennis Hale’s - the only crewman to survive the sinking of the SS Daniel J Morrell nine years earlier…
A U.S. Coast Guard investigation has led to the sentencing of a man by the Department of Justice for piloting commercial ships on the Great Lakes with a fraudulent Coast Guard license. Mark Anselm, 37, of Clayton, New York, was sentenced to seven years in prison by a U…
Italian state-owned Fincantieri plans to list a stake close to 50 percent in its initial public offering on the Milan bourse, a source close to matter said on Tuesday.The group, wholly owned by state lender Cassa Depositi e Prestiti (CDP)…
Italy's Fincantieri said on Tuesday it had filed a request to list its shares on the Milan bourse, as state lender Cassa Depositi e Prestiti (CDP) moves to offer private investors a minority stake in the ship building company.The disposal of Fincantieri - wholly owned by CDP…
Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce the promotion of two lawyers to partner in its New York office. Corporate lawyer Steven Hollander and shipping finance lawyer John Benson officially joined the partnership from 1 May 2014…
A/S Trumf Bunker has employed Kenni Goldenbeck as Managing Director.On May 1 Kenni Goldenbeck was appointed Managing Director of A/S Trumf Bunker in Middelfart.Goldenbeck has many years experience from the bunker business in Denmark…
Petrotechnics, a global company in transforming frontline operational performance and lowering operational risk has announced that leading analyst firm Gartner has named Petrotechnics a “Cool Vendor” in Oil & Gas in a report published by Gartner on April 25…
International classification society Bureau Veritas has completed a series of consequence assessments with all the major shipyards in Korea, China and Japan to help them speed the implementation of the IACS Harmonized Common Structural Rules…
