Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage and Offloading (FSO) conversion contract worth S$56 million from Teekay for the Gina Krog Field in the North Sea. Sembawang Shipyard will work closely…
Colombia has licensed a Chinese Language ship to set sail after it was caught carrying One Hundred tonnes of explosives to Cuba illegally, the prosecutor’s workplace stated, though it continues to carry the vessel’s captain pending a felony investigation…
South Korea has approved plans to salvage a sunken ferry that capsized last year in the Yellow Sea killing over 300 people, Public Safety and Security Minister Park In-yong said. Last April's disaster happened off the southern coast of Jindo…
One coastal tanker is hijacked every two weeks on average in Southeast Asia making it the most dangerous seas, the latest piracy report from the International Maritime Bureau (IMB) has warned. The IMB says more than half of all sea pirate…
Banks are beginning to recommend efficiency retrofits to shipowners, and are using energy-efficiency data in deciding which vessels they finance—and which they won’t, says a survey conducted by Carbon War Room. If this trend continues…
The CFO of Houston-based National Oilwell Varco Inc. (NOV) is stepping down to become CEO of Transocean Ltd. (RIG), one of NOV’s largest customers. Effective April 22, Jeremy Thigpen will become CEO of Switzerland-based Transocean, which has its main U…
U.S. Federal Maritime Commission (FMC) Chairman Mario Cordero addressed the Professional Environmental Management Association (PEMA) at its Annual Ports Program held in Seal Beach, California. The Chairman spoke on the subject of congestion at U…
Two training modules certified for Professional Development Hours by ACEC PPG Industries’ protective and marine coatings (PMC) business has been certified as a Registered Continuing Education Provider (RCEP) of the American Council of Engineering…
Since last nationwide analysis in 2007, U.S. seaport contributions to economy up dramatically Lancaster, Pa.-based Martin Associates, a provider of economic and strategic assessments of the world’s transportation systems, released the results…
Huisman officially opened its new production facility in Navegantes, Santa Catarina state, in the south of Brazil on Thursday, April 16. The facility is used for the manufacturing of offshore equipment for the Brazilian market. It is located along the Itajai-Açu river…
A U.S. Coast Guard (USCG) aircrew dropped medical supplies to a Colombian fishing vessel 900 miles northwest of Galapagos Island, Sunday, the USCG informs. At approximately 10 p.m., Saturday, Coast Guard 11th District watchstanders received…
CD-adapco, the largest privately held CFD-focused provider of Computer Aided Engineering software, has announced the opening of a third Japanese office location in Nagoya.Nagoya, a historical city and hometown of Shogun Tokugawa as well…
Gibbs & Cox, Inc. announced the appointment of Matthew P. Hans as Vice President of the Platform Solutions Group.In this role, Hans will be responsible for profit and loss, financial management, and cost and schedule control for all Platform Solutions programs…
Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.Container shipping companies deal with the volatility in fuel prices by adding a separate…
Telenor Maritime Radio’s (TMR) business unit for the commercial maritime communications market, MarCom, integrates with Maritime Communications Partner (MCP). The internal transfer in Telenor, effective from June 1, 2015, strengthens MCP with expert competence on maritime communications…
