BHP to cut jobs in Melbourne HQ; cuts to be made gradually over 'coming years.'Global mining giant BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices…
Mersey Maritime, in association with some of its key members, is hosting what will be one of the most exciting events at London International Shipping Week (LISW15) on 9th September at The Walkie Talkie Building, 20 Fenchurch Street. Senior…
DolWin1 integrates 800 megawatts (MW) of clean energy into the German transmission gridABB, the leading power and automation technology group, has successfully commissioned and handed over the DolWin1 offshore wind grid connection to the Dutch-German transmission system operator TenneT…
The growing popularity of “Maritime Potpourri” Conference organized by the Company of Master Mariners of India (CMMI) was evident yet again on 25th July, 2015 when a bigger turnout of participants ensued at the well-known venue, the Maritime…
NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet.The Sofia is a 2008-built bitumen tanker vessel of 2,888…
Scorpio Tankers Inc. announced today that it has entered into an agreement to purchase an MR product tanker.The Company reached an agreement with an unrelated third party to purchase an MR product tanker that was built in 2014 at SPP Shipbuilding Co…
Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Venture Agreement with SahaThai Terminal Co.,Ltd., a container terminal operation company in Thailand, to establish a new barge terminal operation company in Bangkok. The new company…
Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co., Inc. at Sakaide Works of Kawasaki Heavy Industries, Ltd…
BW Offshore has successfully used Miko magnetic patches in a pioneering new repair technique that creates significant time and cost savings. When some cracks appeared in hull plating in the engine room of the FPSO Abo operating off the Nigerian coast…
All American Marine, Inc.(AAM) together with the University of New Hampshire (UNH) are pleased to announce a contract for the design and construction of a new aluminum catamaran research vessel. All American Marine will build the 48’ x 17’ catamaran custom devised by Teknicraft Design…
Struggling with technology and a plunge in oil prices that has discouraged exploration, Korean vessel makers are racking up debt and could show billions of dollars in losses, reports Bloomberg. The Big Three shipbuilders in South Korea…
A wrecked mini-submarine was found last week in waters off of Sweden’s eastern coast. Authorities believe it is a Russian model, primarily because of Cyrillic letters on the hull. They have not disclosed the exact location of the wreckage…
British Columbia's finance minister Michael de Jong said that the construction of Petroliam Nasional Bhd’s (Petronas) $36 billion liquefied natural gas (LNG) export terminal project in Canada is expected to start in September. “We are awaiting the final environmental certificate…
International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project…
The Maritime Union of Australia is willing to use its power over the country's ports to disrupt a new free trade deal with China, reports AAP. The union movement’s opposition to the China Australia Free Trade Agreement (ChAFTA) has ratcheted…
