Alan Wrigley has announced that he is stepping down from his role as Managing Director of communication and safety at sea specialist Ocean Signal.Effective from June 1, 2017, company founder Wrigley is replaced by Ocean Signal’s current Senior Project Manager…
Glander International Bunkering has hired Nicolai Rosendahl Mortensen, as Bunker and Lubricant Trader in its Dubai office.Mortensen was born and raised in Esbjerg, South West Denmark and is not new to the industry, bringing with him over three years of bunkering experience…
A joint oil and chemical protection exercise between the Nordic countries will involve more than 300 personnel and 30 vessels, making for one of the largest projects of its kind in European history. An increasing level of shipping traffic…
Eniram, a Wärtsilä company, has introduced a major update to its performance monitoring system targeted at commercial shipping operators. The Eniram SkyLight 2.0 adds nautical maps, weather layers, and route importation to make predictive analysis and proactive planning more available…
Teekay Tankers has agreed to acquire all the remaining issued and outstanding shares of Tanker Investments (TIL), in a share-for-share merger at an exchange ratio of 3.30 Teekay Tankers Class A common shares for each TIL common share. Teekay Tankers currently owns 3…
Ecuador's new government on Wednesday said it would keep a promise to eliminate surcharges in June that had been applied to a third of all imports, a move likely to increase imports and consumption but hurt the balance sheet. Former president Rafael Correa imposed the surcharges…
German shipping group Rickmers said it would file for insolvency after bondholder HSH Nordbank rejected its restructuring plan a day ahead of a last-ditch bondholders' meeting. Rickmers had proposed a revamp plan under which the equity stake of owner Bertram Rickmers was to be reduced to 24…
Norsepower Oy Ltd., a leading provider of low-maintenance, software operated, and data verified auxiliary wind propulsion systems, has announced that its CEO Tuomas Riski is this year’s recipient of the ‘Young Entrepreneur Award’. The accolade was presented to Tuomas yesterday…
Inmarsat has reached an agreement with Wallem Group, one of the largest and ship management companies in the industry, establishing the phase-in of Fleet Xpress as its favored connectivity choice for ships at sea. Already contracted for over 10…
Using the same approved electrochlorination technology, Evoqua Water Technologies has remodeled its SeaCURE ballast water management system to provide optimum high flow rate performance from what is now one of the smallest electrochlorination system on the market…
Rolls-Royce has launched the next generation of its Energy Management (EM) System. The system will allow customers to reduce energy usage, fuel consumption and operating costs whilst supporting environmental compliance and providing performance…
Design, engineering and risk management consultancy BMT Group Ltd informs that Richard Adam has joined its board as a nonexecutive director. Qualifying as a chartered accountant in 1982, Adam has a wealth of financial acumen, M&A and international business experience…
German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000 land-based workforce after completing its merger with Arab peer UASC last week. A spokesman at Hapag-Lloyd's Hamburg…
Japan's Tsuneishi Holdings Corporation said that its shipbuilding business output was nearly flat with the construction of 45 ships in the fiscal year ending December 2016. However, ship orders declined markedly due to the impact of last…
Dutch banks ABN AMRO, ING Bank and NIBC, together with the Scandinavian DNB, announced that they are all introducing Responsible Ship Recycling Standards (RSRS) for their ship financing. The banks took the opportunity of making this announcement…
