Epic Gas Ltd has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The facility covers approximately 65% of the contract price of the vessels, and has been closed in partnership with Coordinator…
'Intuitive Weld Management' and 'Innovative methods for leveraging a 3D model' are two of the white papers that representatives from CAD/CAM developer SSI will present this week at the 17th International Conference on Computer Applications in Shipbuilding (ICCAS) in Bremen…
Inspection, repair, maintenance (IRM) and light construction company Harkand has informs it has united its African presence under the leadership of Doug Fieldgate as Africa General Manager. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa…
DNV GL's new rules for classification of ships become publicly available online today following a development and review process involving 250 internal experts and more than 800 customers and maritime stakeholders.The result of the combined…
Spanish shipbuilder continues expansion and improvement process at several of its facilities targeting increased productivityGondan Shipyard announced it has completed a new stage of improvement and expansion at its facilities in Figueras…
Engineering and technology group SENER said it has altered its organizational setup in the field of Engineering and Construction, naming Álvaro Lorente as International General Manager, a position that is adjunct to SENER’s General Corporate Management…
Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that Heather Xue has been employed as Bunker Purchaser at the company’s Beijing office as of September 1, 2015.Xue has a background as a project manager and comes with experience from the Chinese bunker market…
Press release - Phil Whitehurst, CEO of Dorset marine electronics brand, Actisense, has been short-listed for the prestigious Great British Entrepreneur Awards 2015 sponsored by Nat West. Actisense, are set to wave the Dorset flag on November 25…
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International…
Spanish oil company Repsol plans to cut its global workforce by 6 percent over the next three years, according to an internal document seen by Reuters.The cuts form part of its 2016-2020 strategic plan, according to the document.Reporting by Jose Elias Rodriguez
The rapid growth and development of the Philippine maritime training market caused a dramatic increase in demand for state-of-the-art simulation systems compliant with the latest MARINA and CHED training requirements. Being the leading provider of the maritime simulation and training solutions…
As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian. Eni has vowed to press ahead with oil production - a $5.5bn (£3…
Saga Cruises has placed an order for a new cruise ship to be built by Meyer Werft in Germany with the delivery date of Summer 2019. The deal comes with an option for a second new ship to be delivered in 2021. The 55,900 gross ton vessels…
Japan has confirmed it is ready to build Australia’s submarines entirely at local shipyards, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract, reports Reuters. According to Masaaki Ishikawa, director general for Acquisition Reform at the Ministry of Defense…
Moody’s Investors Service (Moody’s) changed the rating for German Container shipping company Hapag-Lloyd to positive from stable, thanks to cheaper fuel. According to Moody’s the outlook on the B2 corporate family rating (CFR), the B2…
