U.S. Labor Secretary Tom Perez on Tuesday urged shipping company executives and union leaders for 20,000 dockworkers to settle a contract dispute that has led to months of clogged cargo traffic and other disruptions at 29 West Coast ports.Perez…
A sixth victim of last week's deadly explosion on a Petrobras offshore oil and natural gas production ship has been found, according to a statement on Wednesday from BW Offshore Ltd, which operates the vessel for Brazil's state-run oil company…
Stornoway Coastguard was contacted this morning by the general cargo vessel LYSBLINK SEAWAYS reporting that they had gone aground north of the Isle of Mull, near Kilchoan, at approximately 1.50am. She has 9 people on board and the Tobermory…
Norwegian oil services firm Aker Solutions plans to cut its domestic workforce in response to lower demand after crude prices tumbled, the company said on Wednesday.Around 300 employees within the maintenance, modifications and operations…
The Australian Renewable Energy Agency (ARENA) today joined Minister for Industry and Science Ian Macfarlane to officially switch on the Carnegie Perth Wave Energy Project’s onshore power station.Following successful testing last year…
The World Ocean Council is partnering again with The Economist to help engage the ocean business community in upcoming events:For the third Arctic Summit, the WOC is working with The Economist to help ensure Arctic business community participation…
Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all, were placed into 15 containers and loaded aboard an MOL-operated containership…
Singapore Technologies Engineering Ltd (ST Engineering) announced today that ST Education & Training Private Limited (“STET”) has increased its issued and paid up capital from S$1m to S$2m. This increase in paid-up capital is by way of a bonus issue of 1…
SSI will host a free webinar covering its ShipConstructor P&ID DesignValidation on February 25, from 8-9:30 a.m. PDT. The technical sales webinar, which aims to introduce end-users to the product, will be comprised of a short introduction…
Corvus Energy has appointed Halvard “Hal” Hauso as executive vice president of sales and marketing. Hauso brings more than 30 years of industrial marine business development experience to this role, most recently serving six years as senior vice president at Rolls-Royce Marine…
International law firm Hill Dickinson LLP has recruited Rachel Hoyland as a Senior Associate in its shipping team. Hoyland was the in-house Head of Legal with CMA CGM (UK) Shipping Ltd and is an experienced dry shipping lawyer. She will be based in the Liverpool office of Hill Dickinson…
New Zealand audio equipment manufacturer FUSION has released of a variety of new marine entertainment and speaker products. These include the 650 and 750 True-Marine™ series entertainment systems and the Signature Series speakers and subwoofers…
Transocean Ltd's decision to replace its chief executive will do little to help the company cope with an aging fleet and lower demand for its rigs due to a steep fall in oil prices, analysts said. Shares of the company, which also slashed its dividend by 80 percent to 60 cents per share…
Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) has signed a sale and purchase agreement to acquire the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the related general agency functions of Agunsa Agencias Universales S…
International accountant and shipping adviser Moore Stephens says the time is right for shipping to seek financial backing from the private equity sector to help fund investment in innovative products and services designed to keep the industry competitive and achieve regulatory compliance…
