BP announces resolution of all criminal and securities claims against the company relating to Deepwater Horizon accident.BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal…
North America is at the forefront of a game-changing transformation in oil and gas production claims International Energy Agency publication.This year’s World Energy Outlook published by IEA finds that the extraordinary growth in oil and…
Bulk carrier owners & charterers Safe Bulkers, Inc. reports results for the third quarter and the first nine months of 2012, pays reduced dividend.Extract from Q3 2012 results Net revenue for the third quarter of 2012 increased by 10…
Thuraya Telecommunications Company announce certification of a range of MediaComms Solutions for its IP terminal.At the heart of Thuraya MediaComms is Thuraya IP, which is the world’s most compact satellite data modem, which is now fully…
Harrold van der Meer has joined the KOTUG group and will succeed Dorus Knegtel, the current COO & Vice President Business Development.Harrold van der Meer has a maritime background and more than 20 years experience in technical and operational management within the P&O Nedlloyd / Maersk Group…
The Port of Houston Authority partners with two cruise lines, PrincessCruises & Norwegian Cruise Lines, to use Bayport Cruise Terminal.Princess Cruises will make passenger cruise calls during the 2013-2014 cruise season, while Norwegian Cruise Lines has committed to begin service in 2014…
TBS Shipping Board of Directors appoint the Company’s co-founder & Chief Operating Officer, Gregg McNelis, to Chief Executive Officer & President. TBS Shipping Limited (TBS) provides worldwide shipping solutions to industrial shippers through its Five Star Service: ocean transportation…
The Ship Structure Committee (SSC) is re-soliciting research project recommendations for fiscal year 2013-2014.The strategic goal of the SSC, which is composed of a wide spread of shipping industry interests, aims to dentify gaps in ship structural knowledge…
A project by pump maufacturer Grundfos aboard a Lauritzen Bulkers cargo ship shows that large vessels could be losing money on wasted energy.The project, carried out on the 19,889-ton Durban Bulker, focused on efficiency in ships pumps…
The seventh L-type containership for Evergreen Line, launched and named at Korea's Samsung Heavy Industries shipyard. The new ship was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, and the ceremonial rope cutting for the new 8…
Signet Maritime Corporation, vessel services & logistics providers, promote 31-year veteran as General Manager, Traffic & Business Development.Previously Senior Manager of Traffic and Business Development for Signet’s Pascagoula Division…
WISTA (Women’s International Shipping & Trading Association) UAE Chapter announce forthcoming meeting, port tour.WISTA is an international organisation for women in management positions involved in maritime transportation business and related trades…
US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog.For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0…
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…
Crew of Crowley-Managed Ocean Titan Awarded for Heroism at Sea with 2012 AOTOS Mariners’ Plaque. Officers and crewmembers of the Crowley Maritime Corp.-managed M/V Ocean Titan were recently honored with a 2012 Admiral of the Ocean Sea (AOTOS)…
