Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items…
IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India. IRClass celebrates its 40th Anniversary this year. In keeping with the philosophy of acquiring the brightest talent…
The epic endurance challenge that will see 32 volunteers rowing 140km non-stop around Singapore is starting in less than 24 hours. The project has raised a staggering $450,000 with more donations flooding in daily for global maritime charity The Mission to Seafarers…
From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.6 trillion. This accounted for 26 percent of the nation's $17…
Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K., in a spectacular ceremony. U.K. travel agent godmother Emma Wilby named the 4,180-passenger ship with the words: 'I name this ship Anthem of the Seas. May God bless her and all who sail on her…
Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader. In this US in shipping’s latest consolidation move, Svitzer is joining…
The United States Navy is prepared to intercept Iranian ships in Yemeni waters using the USS Theodore Roosevelt and other ships, reports the AP. According to this report, the Iranian ships are believed to be transporting weapons to the Houthi rebel group in Yemen…
The Republic of the Marshall Islands (Marshall Islands) Monday issued an emailed press release calling for the International Maritime Organization (IMO) to set a new global target to reduce greenhouse gas emissions from the international shipping industry…
Coldharbour Marine Ltd. has appointed Professor Bruno Pollet to head its R&D department. Bruno Pollet moves to Linby, Nottinghamshire from the University of the Western Cape, Cape Town, South Africa where he was Professor of Energy Materials…
Conference on the enhancement of safety of ships carrying passengers on non-international voyages, Manila, the Philippines, April 24, 2015 The International Maritime Organization (IMO) will hold an international conference on the enhancement…
Tidewater Transportation & Terminals takes delivery of new towboat Crown Point from Vigor Industrial to be deployed in Tidewater’s Columbia and Snake River service mid-April Tidewater Transportation and Terminals, headquartered in Vancouver…
Classification society ClassNK promoted the activities of its new Global Research and Innovation Center (GRIC) at a press conference held today in Singapore. Joined by representatives from Nanyang Technological University, ClassNK Executive…
Royal Caribbean Cruises Ltd cut its adjusted profit forecast for the year, citing a jump in fuel prices since its January forecast and a strong dollar. Shares of the world's second-largest cruise operator, which also cut the higher end of its full-year net yields forecast…
ABS named Howard Fireman as Senior Vice President and Chief Technology Officer (CTO) effective April 20 in a move that strengthens alignment and generates further synergies across all of ABS' technical programs, ABS announced. Fireman, who will report to ABS Chairman and CEO Christopher J…
Jenny Gethings has been named vice president of business development at Seaspan Marine, the company announced. Gethings will lead Seaspan’s business development team as it continues to pursue new business, identify new markets and develop…
