Marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has won a new contract with MSI Ship Management Pte Ltd to provide crew logistics services (CLS) across the globe.Under the new contract, MSI Ship Management will assign numerous vessels including bulk carriers…
Ardmore Shipping COO to take over as head of International Parcel Tanker Association from October 2015 Ardmore Shipping Corporation’s chief operating officer, Mark Cameron, has been appointed chairman of the International Parcel Tanker Association (IPTA)…
FSL Trust Management Pte. Ltd. (FSLTM), as the trustee-manager of First Ship Lease Trust (FSL Trust), announced that FSL Trust has entered into a memorandum of agreement to purchase a 2007, Japanese-built, 45,998-dwt MR product tanker for $21…
Emco Wheaton, a manufacturer and supplier of equipment for liquid, gas and dry bulk products, has announced two additions to the Americas sales team with Holly Damude taking on the role of DRY-BREAK Product Specialist and Eric Rodriguez appointed as Territory Sales Manager…
Global oil sector has cut 200,000 jobs in downturn.Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades…
The Coast Guard is responding to a report of a discharge of an unknown substance from the site of a sunken barge near Kelley's Island Shoal in Lake Erie, Sunday.Due to the report, the Coast Guard has established a safety zone 3 nautical miles east of Kelley's Island Shoal extending 1…
Wärtsilä launches an innovation contest, Wärtsilä Marine Mastermind, aimed at start-up companies and entrepreneurs, in connection with the start-up event Slush. The purpose of the contest is to find new and unique digital services for the marine industry…
GAC is showcasing its full range of ship agency and related services for gas carriers at the Gastech, where GAC’s groundbreaking ‘HullWiper’ ROV system will also be on display. Launched in late 2013, the HullWiper Remotely Operated Vehicle (ROV) system offers an eco-friendly…
The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic. The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change…
Hindustan Shipyard Limited (HSL) may sell its bulk carrier under construction at the yard to the Indian Navy, reports the Hindu. Goodearth Maritime Limited (GML) has failed to settle its dues for nearly a year after placing the order under Diamond Series of 53…
Russian submarines and spy ships are aggressively operating near the vital undersea cables that carry almost all global internet communications, raising concerns in America, reports Reuters. The US intelligence officials feel that the Russians…
At least five people died after a whale watching boat with 27 people on board sank off Vancouver Island and a rescue mission remained active late Sunday, says Canadian authorities. 21 other people have been recovered from the water, says Lt…
Approximately 120 people were injured when a high-speed jetfoil heading from Macau towards Hong Kong hit an “unidentified object” last night south of Lantau Island. The injured, aged between six and 83, were sent to seven hospitals, with 87 discharged as of this morning…
Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company Rokneddin Javadi was quoted as saying by Mehr News Agency. Establishing new LNG production units instead…
Freight rates for very large crude carriers (VLCCs) could face drop further next week on excess tonnage supply and lower cargo volumes, reports Reuters. A Singapore based VLCC broker said that there’s no upside. Rates will either be flat or on the downside…
