The global trade association for shipowners, the International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on its controversial proposals to overhaul international accounting rules for leases…
At its meeting today, the Supervisory Board of Hapag-Lloyd AG has set the course at an early stage for maintaining continuity in the Executive Board of Germany’s largest liner shipping company. Rolf Habben-Jansen will succeed Chief Executive Officer Michael Behrendt…
Bibby Ship Management Group Ltd announced the appointment of Mark Robertshaw as its new Commercial Director, joining the business on September 23, 2013. His responsibilities will also include the role of new Managing Director for Bibby Ship Management’s Western Europe office…
Eni USA R&M subsidiary of Eni S.p.A. (seventh largest integrated multinational oil and gas company headquartered in Italy present in 90 countries) plans to go beyond its historical business area of Quebec, Ontario, eastern Pennsylvania, New…
Elliott Bay Design Group (EBDG), a naval architecture and marine engineering firm with offices in Seattle and New Orleans recently acquired new talent for both of its locations, helping to grow the company's presence and expand on its core services –marine engineering…
Cmdr. Geoffrey S. Deas assumed command of Coast Guard Port Security Unit 309 from Cmdr. Gerald A. “Jerry” Nauert during a change-of-command ceremony at the PSU 309 Facility, Lake Erie Business Park in Port Clinton, Saturday. Deas became…
Attorney Stephen H. DonCarlos was appointed to the Port Commission of the Port of Houston Authority by the Harris County Mayors and Councils Association on Sept. 19. The Harris County Mayors and Councils Association is an organization representing 26 cities in Harris County…
Seaway Powell Marine Ltd (part of the PT Group), one of the leading British engineering companies specialising in the design and manufacture of marine hydraulic systems, is pleased to announce that it has appointed a new Sales Director for the U…
ASRY, a ship and rig repair yard in the Arabian Gulf, has appointed Nils Kristian Berge, the current Commercial General Manager, as Acting Chief Executive, to succeed Chris Potter, who leaves the company in October 2013. The ASRY Board of Directors…
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…
