Maritime training solutions provider Buffalo Computer Graphics Inc. (BCG) has donated its Enhanced Graphical User Interface (GUI2) simulation software to the U.S. Naval Academy Foundation in Annapolis, Md. for distribution to the academy’s seamanship and navigation department…
ESC Global Security said it is set to warn the international shipping community attending this year’s London International Shipping Week (LISW) of the security risks associated with the development of the autonomous ship.In a paper entitled Phishing and Piracy on the Cyber Seas…
BP's book leader for Asia crude trading, Chu Said Thong, will retire from the company in the fourth quarter, two traders with knowledge of the matter said on Friday.Chu, who worked at BP during most of his career, is well-known for playing a key role in the Asia-Pacific crude market…
ASV is delighted to announce that James Hailstones has joined the team as the company expands its reach into the Offshore Energy market. Based in Aberdeen, James will lead industry engagement as more firms look to introduce Autonomous Surface Vehicles into their operations…
The Port of Long Beach’s Security Division has been awarded $3.4 million in Federal Emergency Management Agency (FEMA) grants to fund ongoing projects that protect the port.The grants will enhance port security systems such as physical security equipment and monitoring and detection systems…
BHP Billiton Chairman, Jac Nasser, today announced a number of changes to the BHP Billiton Board of Directors.Anita Frew has been appointed to the BHP Billiton Board as an independent Non-executive Director, effective as of 15 September 2015…
Maersk Drilling delivered a profit of USD 218m (USD 117m) in the second quarter of 2015. The result was positively impacted by continued strong operational performance, fleet growth, general cost savings and a USD 29m payment related to the divestment of the Venezuelan activities in 2014…
Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo now owns a total of five cargo vessels making it one of the largest players in the logistics industry…
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and a part of Adani Group, a global integrated player, entered into a strategic partnership with National Collateral Management Services Limited (NCML), a major Agri-infrastructure player…
• Marked improvement in performance as losses after tax for 2Q2015 reduced to US$2.5 million from US$13.3 million in 1Q2015.• Group secured new chartering contracts worth a total of US$132.2 million in 2Q2015 and that brought total order book to US$307…
Though the Danish conglomerate AP Møller-Maersk posted higher-than-expected earnings, it has cut its forecast for global trade growth and abandoned several medium-term profit forecasts, as per a report in FT. Maersk overcame low oil prices…
President Barack Obama is traveling to Alaska in late August to visit the front lines of climate change, which he called 'one of the greatest challenges we face this century'. He'll speak to a global Arctic leadership summit in Anchorage and also travel north to the Arctic…
A new report released today by Oil Change International and Greenpeace USA details a clear case against drilling for oil in the Arctic ocean based on climate science imperatives. The report, “Untouchable: The Climate Case Against Arctic Drilling…
Pon Holdings BV will take over part of the bankrupt Royal Imtech, a leading company in the global maritime market. Dutch engineering services company Imtech Marine will continue to operate independently after the acquisition. Parcom Capital is also partnering in this acquisition…
Chiness president Xi Jinping promised a “thorough investigation” after huge explosions in the world’s 10th largest port- Tianjin - killing at least 50 people and disrupting operations. The Chinese government faces pressure to reveal the mystery chemical or explosives…
