Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…
Incat Crowther has delivered Wavelength 4, a 19m catamaran tour vessel claimed by its operator to be “the cleanest tour vessel on the Great Barrier Reef”.Built by Aluminium Marine in Queensland, Wavelength 4 features Incat Crowther’s…
US Army's Foreign Military Studies Office (FMSO) said in its August 2015 report that Moscow is building up its military presence and moving highly advanced and specially modified air defense systems in the resource-rich Arctic region. The…
According to local news, a female passenger is currently missing from MSC Cruises‘ MSC Magnifica. The Magnifica was sailing to Izmir, Turkey when the woman disappeared overboard. The passenger, identified as Chinese, is believed to have fallen overboard on Wednesday morning as the 2…
Passenger numbers on the Bass Strait ferry service have grown by 16 per cent over the past two years, says Tasmania's Infrastructure Minister Rene Hidding, says AAP. For the 2014-15 financial year 384,501 people travelled on the two Spirit of Tasmania vessels…
India will sell 5 per cent of its stake in the country's largest dredging company, Dredging Corporation of India (DCI). The government will sell up to 1.4 million shares of face value of Rs 10 each, representing 5 percent of the total paid up equity share capital of the company…
The global economic recovery was slower than expected and the overcapacity problem in the shipping industry remained serious, in the first half of 2015, says COSCO International Holdings. This drove stable business volume to the Company’s business segments which serve for operating vessels…
Indonesian military has sunk 34 impounded foreign boats, the latest bid to deter vessels from illegally fishing in the world's biggest archipelago nation. The vessels, which came from Vietnam, the Philippines, Thailand and Malaysia, were…
A report in the Straits Times Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia and could be a clue to Kra Canal…
The world’s largest shipping association BIMCO will be taking action to raise awareness about IT Security. It will focus on how to handle a maritime casualty crisis at its next annual conference in Hamburg on 18th November, 2015. BIMCO's…
Maritime security experts from federal, state and local jurisdictions are meeting in San Diego this week as part of Maritime Security 2015 West. Attendees from Turkey, Japan, United Arab Emirates, France, U.K., and New Zealand joined participants from across the U…
Matson, Inc., a U.S. carrier in the Pacific, has appointed Keoni Wagner as director of corporate communications, succeeding Jeff Hull, who is retiring from Matson after a 33-year career with the company. Wagner will report to Matt Cox, president and chief executive officer…
Playing an active role and making meaningful contributions to the workings and development of the Tripartite Maritime Manpower Taskforce initiatives for both seafaring and shore-based jobs will be one of the major priorities for the new Singapore Shipping Association (SSA) Council…
March 20, 1930 – August 17, 2015 Elmer Morley, Maritime Professional Training’s founder, long time chief engineering instructor, father, grandfather, great grandfather and loving husband, lost his battle with pancreatic cancer in the early morning hours August 17…
Matthew Vetzner was announced as the Vice President of Marketing, at the annual Marquis-Larson Group dealer meeting that concluded Tuesday, August 11. Vetzner previously held the title of, Director of Marketing. 'Since joining me in January 2014…
