Ships are becoming increasingly dependent on complex electronic equipment and electrical power systems, with incidence of engine failure and blackouts increasing. Safety and reliability are paramount, as will be discussed and debated at a new conference taking place in early October…
Volume of EUR 250 million / Coupon at 7.75% / Bond was several times oversubscribed. Hapag-Lloyd AG has successfully placed a bond with a volume of EUR 250 million with institutional investors. The bond with a maturity of five years has a coupon of 7…
Repeated Shock and Whole Body Vibration AwarenessFor some time now, military agencies and specialist organizations around the globe have driven the evolution of high speed watercraft. As a trickle-down effect fast response craft now serve…
Simple annoyance or potential security threat?Spoof is defined as “a hoax or swindle.” In the world of electronic networks, a spoofing attack is a situation in which one program successfully masquerades as another by falsifying data and thereby gaining an improper advantage…
Lloyd’s Register (LR) is fully committed to maintaining the quality of its classed fleet. Our surveyors have been working closely with owners and operators to help them better prepare ships for inspections by port state control (PSC), with the…
Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
Former U.S. Secretary of Transportation Ray LaHood accepted the 2013 WTS Navigator Award—the first ever awarded by WTS International--at the Mayflower Renaissance Hotel in Washington, DC, Tuesday night. The Navigator Award was created by WTS…
The designer claims potential fuel and emission savings of 60% and 80% respectively Norway is no stranger to maritime innovation, as the small Scandinavian country with a population just north of five million (according to most recent statistics…
If there’s anything Capt. Guy Sorensen’s learned in his decades of working with professional mariners it’s that they learn in a variety of ways, times and places. They have to. After spending weeks and months at sea, that precious homeport time can be hard to fill up with training…
Variable Bore Rams, Inc. (VBR), a global original equipment manufacturers (OEM) of blowout preventer components and ram provider, has named Cameron McCreary as sales account manager, announced President Hines M. 'Chip' Marshall, Jr.Based in San Antonio…
Halliburton Pleads Guilty to Destruction of Evidence in Connection with Deepwater Horizon Disaster and Is Sentenced to Statutory Maximum Fine; Former Halliburton Manager Is Charged. Halliburton Energy Services Inc. (Halliburton) pleaded…
President of Azerbaijan, H.E. Ilham Aliyev, graces the official opening of new Baku Shipyard A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR)…
Commissioner William P. Doyle of the Federal Maritime Commission, has given the keynote address at the Eno Center for Transportation Forum on the Panama Canal entitled: Lessons Learned and Implications for World Commerce. His comments on the future of the canal's LNG trade are also extracted below…
Spirent Communications, has teamed up with Qascom to develop a test tool that reproduces spoofing attacks in a controlled laboratory environment. They say that their collaborative solution will be launched commercially later in 2013.The test…
Charterer incurs US$138-million liability by breach of 'safe port' warranty in the 'Ocean Victory' case. Alistair Feeney, partner of London law firm Holman, Fenwick & Willan LLP gives valuable insights via London P&I Club news. The recent…
