GOST (Global Ocean Security Technologies), will highlight its newest recreational marine products at the 2015 Palm Beach International Boat Show in Palm Beach, Florida, March 26-29.The company said it will highlight its GOST Watch HD H2O video surveillance system…
The crew of the U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20), painted the ship’s anchor gold March 19, 2015, after being awarded the Retention Excellence Award, for fiscal year 2014.Throughout the year, Mount Whitney maintained an overall retention rate of 88…
CEVA Logistics, one of the world's leading supply chain companies, has today announced the opening of a local distribution center for Magneti Marelli After Market Parts and Services, a division dedicated to the independent spare parts network and after sales market…
ASV Ltd, in partnership with nine other commercial and research organisations, have been awarded funding by Innovate UK to undertake in excess of £3million worth of research and development for Maritime Autonomous Systems (MAS). Three…
'Our first three months of Emission Control Area operation have run without a hitch,' said Carisbrooke Shipping CEO Robert Wester. 'We put this down to careful preparation supported by the skill and diligence of our sea staff.' Since January 1…
This past summer produced an order for the world’s first very large ethane carrier (VLEC), shining the industry spotlight on a traditionally niche gas sector whose promise had grown to require a dedicated fleet of ships for intercontinental trade…
AFTER enjoying a continuing boom for four years up to late 2008, the international shipping markets hit a wall, and thereafter started to slide down it. Although there has been a recovery from that freight market nadir, the six years from 2009…
Over the past few years, we have provided regular analysis of the maritime and offshore industry mergers and acquisitions (M&A) markets. But what goes into those decisions and transactions? This quarter, an overview of the basics of mergers and acquisitions – the players…
Too many times, we are simply not aware of what we do not know. That said; if the first quarter of 2015 brings only one thing into crystal clear focus, then that would probably involve the reality that the human element of maritime operations…
The mini-VSAT Broadband service of KVH Industries, Inc., has been cited in a newly published report as the market share leader in the maritime VSAT industry by vessels in service. 'The COMSYS Maritime VSAT Report, 4th Edition' estimates that KVH's mini-VSAT Broadband customers account for 17…
Wärtsilä has been selected as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe with effect from 23 March 2015. This is a remarkable continuation to the recognition Wärtsilä received from Forum Ethibel in September 2014…
Coast Guard crews rescued two fishermen from a sinking vessel 10 miles south of Newport, Rhode Island, Monday.At approximately noon, the two person crew of the 38-foot fishing boat More Misery notified watchstanders at Coast Guard Sector Southeastern New England in Woods Hole…
Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) of Statoil as of 1 April.Opedal will be responsible the corporate improvement…
Hiab, part of Cargotec, has selected the finalists who will take part in the first ever World Crane Championships at the Commercial Vehicle Show in Birmingham, United Kingdom, on 14-16 April 2015. The 18 contestants, who have won their places…
A yacht race from Hong Kong to the Philippines will take place from 1 April (Wednesday) to 6 April (Monday). About 24 yachts are expected to participate in the race. The race will commence on 1 April 2015 at 1330 hours at a place off the Causeway Bay Typhoon Shelter…