Saxo Bank and ICAP Shipping Involved in World's First Electronic Container Freight Swap Settled in USD. Saxo Bank, the trading and investment specialist, and ICAP Shipping, the shipping arm of ICAP plc, announced on Thursday that they were…
ClassNK Awarded Authorization from the U.S. regarding Tonnage Measurement and Load Lines. The United States Coast Guard (USCG) has entered into an agreement with ClassNK to officially delegate authority to the world’s largest classification…
Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm…
Horizon Lines Stockholders Approve 1-for-25 Reverse Stock Split at Special Stockholder Meeting. Horizon Lines, Inc. (OTCQB: HRZL) announced that stockholders at the company's special stockholders meeting on December 2, 2011, voted to approve…
NAMEPA’s Clay Maitland Tells Senior Leadership in China “Clean Seas Are Good Business.” At a recent Senior Maritime Forum held in conjunction with Marintec China 2011, Clay Maitland called for marine environment protection as “an essential strategy for corporate risk management”…
Captain Casey M. Herschler Joins North American Marine Consultants. Captain Casey M. Herschler has been named Director of New Business Development for North American Marine Consultants. Capt. Herschler will be responsible for developing…
Providing local support to Navy customer.Austal has announced the opening of Austal USA’s Washington DC Operations Office at 100 M Street, SE, Suite 310. The facility will allow Austal Government Programs and Business Development personnel…
Construction is a complex business. Equipment can break down; employees can be injured; a project can go awry in unexpected ways. Add a marine element to the work underway, and the pitfalls that a contractor must navigate to manage risk become even more challenging…
Bill Would Reform Enrollment Process in Flawed TWIC Program. U.S. Senator Kelly Ayotte (R-NH) introduced legislation today that would reform the burdensome enrollment process of the Department of Homeland Security’s Transportation Worker Identification Card (TWIC) program…
U.S. Chart No.1, Nautical Chart Symbols, Abbreviations and Terms, is an essential aid for new chart users and a useful reference for all mariners. The latest version, Edition 11, is now available for free download from the web. The new edition…
A blueprint for safer ferry operations in developing nations has been drawn up at the inaugural Regional Forum on Domestic Ferry Safety - organised by the IMO and trade association Interferry under their ongoing joint project to stem ferry fatalities in the developing world…
Delta Rigging & Tools, Inc. (www.deltarigging.com), one of the largest providers of lifting and rigging products and related services in the United States, said that Mitch Hausman has joined the company as President and Chief Operating Officer…
Aker Solutions announced at the company's capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favorable market outlook for the oil services industry. The company also…
Bollinger will honor the namesakes for the fourteen (14) USCG Fast Response Cutters (FRC) currently under contract, by hosting a fleet dedication in March 2012. Bollinger is looking for descendants and will host one or two representatives from each of the families…
According to a Reuters report, IHC Merwede is hoping to announce the acquisition of several Asian shipyards next quarter as it sticks to an plan to expand internationally and grow by 50 percent in five years, citing a senior company executive…
