The Navy kicked off a new program Oct. 5, designed to give high performing officers and Sailors experience at large corporations for approximately one year. Three participants began work today with Amazon in Seattle, Washington, and two with FedEx…
Rolls-Royce Holdings plc today announces the appointment of Sir Kevin Smith CBE as a Non-Executive Director. Sir Kevin will join the Board with effect from 1 November 2015 and will become a member of the Nominations and Governance Committee…
South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships. The shipbuilders' earnings are expected to remain in the doldrums until the first half of 2016…
South Korean shipbuilders have ranked first in the world outpacing Chinese and Japanese rivals in terms of new orders in the third quarter of the year, reports Yonhap quoting Clarkson Research Services. South Korean shipyards bagged new orders totaling 2…
DP World is expanding its container terminal at Port of Caucedo following the expansion of the Panama Canal to accommodate larger container ships, reports ASC. DP World will increase the capacity of the port to 2.5-million TEU and started…
Adani Ports has entered into a non-binding Memorandum of Understanding with L&T Shipbuilding Limited (L&T) for evaluating the operations of the port at Kattupalli, Tamil Nadu, with effect from October 1, 2015 for a period of one month. The…
Under new maritime laws all vessels and boats using Fiji waters have to abide by the rules and regulations under the Marine Transport Decree, reports FBC Maritime Safety Authority of Fiji (MSAF) will issue with an infringement notice to any vessel or boat that is not registered with it…
Turkey launched the 140-meter amphibious ship 'Bayraktar,' the first of two vessels that are part of a domestic Landing Ship, Tank (LST) project, reports Local media. The two ships boast local design and construction and are aimed at meeting…
Transatlantic eastbound chemical freight rates dropped slightly this week on a continued lull in the spot market, ICIS reports brokers as saying. It was the second drop in as many weeks. The latest SSY Base Oil Shipping Report noted that…
Search and rescue teams on Sunday located debris which appeared to belong to the cargo ship El Faro that went missing in the eye of Hurricane Joaquin with 33 mostly American crew members aboard, the U.S. Coast Guard and the ship's owner said…
Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours.Sergey Shirokiy, the chief of the tourist department of the Russian Arctic national park summed up the results of the tourist season…
The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville.In a statement released earlier today, Acting Premier Curtis Pitt said that Ms Garard was…
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) hosted a group of 9th and 10th grade students from the International School of Vlore, Albania for a career day and cultural learning event Sept. 26, 2015.The community…
New Jersey Governor Chris Christie on Friday said his transportation commissioner Jamie Fox would step down by the end of the month to return to the private sector after only a year in the position. Fox was previously a lobbyist with airline company United Continental Holdings Inc…
A life ring has been found from the cargo ship El Faro, which went missing on Thursday after sailing through Hurricane Joaquin in the Bahamas, the U.S. Coast Guard said on Twitter on Saturday.The Coast Guard did not say where the life ring had been found…
