Singapore Technologies Engineering Ltd reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.63b as reported for FY2013. Profit before tax (PBT) of $650.7m was $79m or 11% lower year-on-year compared to $729…
In 2014, ABB filed more patent applications in Europe than any other company in Switzerland, for the second consecutive yearZurich, Switzerland, February 26, 2015 – ABB, the leading power and automation technology group, registered more…
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East…
Chief U.S. District Judge Catherine C. Blake sentenced Noly Torato Vidad of the Philippines, the Chief Engineer of the cargo vessel M/V Selene Leader, to eight months in prison, followed by one year of supervised release, for obstruction of…
The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance provider said it has found that 66% of its claims by number and 62% by value…
The Missile Defense Agency (MDA) and sailors aboard the USS Carney, USS Gonzalez, and USS Barry successfully completed a flight test involving the Aegis Ballistic Missile Defense (BMD) weapon system.At approximately 2:30 a.m. EST today…
Weego launched the compact and portable Jump Starter Battery+ for the marine market. Weego is pocket sized and capable of starting boats, cars, trucks, motorcycles, ATVs and more, as well as charging phones, tablets, speakers and other USB devices…
Trident Alliance has invited representatives from national and European authorities and NGO’s to discuss how effective enforcement of sulphur regulations can be achieved on the high seas. The event will take place on March 3 during the European Shipping Week in Brussels…
US Hoists Corporation of Calverton, New York has teamed up with Boat Lift SRL of La Morra, Italy to provide the marine industry with marine hoists and shuttle machines. As the North American representative, US Hoists will provide parts and service domestically for Boat Lift customers…
The American Waterways Operators (AWO) and a broad-based coalition of organizations that rely on marine vessels to transport essential cargoes said a uniform national framework for the regulation of vessel discharges is urgently needed. The…
Experts from all Sulphur Emission Control Area (SECA) countries will meet in Denmark on February 25 and 26 to find solutions to the legal and technical challenges presented by the stricter sulphur regulations, the Danish Maritime Authority (DMA) informed…
Jacqueline Tan, Senior Claims Executive at the UK P&I Club, commented on the ballast water management controls coming into force: “The coming into force of the Ballast Water Management Convention 2004 (“BWMC”) is now imminent. As of February 12…
Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the 'Annual Offshore Support Journal Conference' held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine…
ClassNK announced that it will carry out a joint research project aimed at improving safety standards for ultra-large container ships. As container ships increase in size, so too does the thickness of the steel that is used. The preventative…
ENMET, LLC has appointed Norman Davis, Jr. as the new President succeeding Dr. Verne Brown who held the position for 43 years until his passing. Davis brings to the position a background in executive management and in business development…
