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Sortland Named CEO of Global Maritime Group

Feb 02, 2015

Global Maritime Group has appointed Peder Sortland as its first CEO.Sortland comes from the post of CEO at Apply ASA, and knows part of the group well from holding the position as chair of Global Maritime AS since April 2014. Before joining Apply in 2012…

New Managing Director for GAC Sri Lanka

Feb 02, 2015

Mahesh Kurukulasuriya, currently a director of the GAC Group of companies in Sri Lanka, has been appointed its Managing Director. Equipped with over 12 years of international operations, commercial, customer service and management experience in shipping and supply chain management…

ClassNK Approves Niigata’s Dual-fuel Engine

Feb 02, 2015

ClassNK granted type approval to the new 28AHX-DF dual-fuel engine built by Niigata Power Systems Co., Ltd.Whilst the adoption of emerging maritime technologies can prove challenging due in part to the time required to gain approval,…

EnQuest Exits Tunisia

Feb 02, 2015

EnQuest PLC  announced today that it has exited from its small investment in Tunisia.In May 2013, EnQuest announced an agreement to acquire interests in the Didon producing oil field and the Zarat permit, from PA Resources AB and certain of its subsidiaries (‘PAR’)…

Carimin Wins Petronas Spot Charter

Feb 02, 2015

Carimin Petroleum Berhad one of the leading providers of offshore oil and gas (O&G) support services in Malaysia, has received an umbrella contract for provision of spot charter marine vessel services from Petronas Carigali Sdn Bhd (PCSB)…

ABB Wins Contract from Chinese Shipyard

Feb 02, 2015

ABB announced that it will deliver advanced electrical propulsion systems for four LNG carriers under construction by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. The LNG vessels are a joint venture between China National Offshore Oil Corporation (CNOOC)…

Jiangsu Hantong Bags Two Bulker Order

Feb 02, 2015

Jiangsu Hantong Ship Heavy Industry Co., Ltd and Vulica Shipping Limited have entered into Shipbuilding Contracts for construction of two 68,000 metric tons deadweight Self Unloading Panamax Bulkcarriers. Hantong had built and delivered two 55…

USCG Medevacs Woman off Carnival Cruise Ship

Feb 02, 2015

A Coast Guard rescue helicopter crew medevaced a 51-year-old woman off a Carnival cruise ship approximately 184 miles offshore of Galveston early today.Watchstanders at Sector Houston-Galveston received a call at approximately 9 p.m. Saturday…

Drydocks World Berths Record 9 Rigs

Feb 02, 2015

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard.“Drydocks World is proud of our…

Island Performer Ready for the US

Feb 02, 2015

The subsea vessel Island Performer has been upgraded for her next assignment in the US. Ulstein Verft has installed cargo tanks and corresponding piping, a switchboard room for deck equipment and the sea fastening frame for stacks, as well as platforms for the tower winches…

MPHRP: Signposting for Mental Health Support

Feb 02, 2015

It is only after some time following traumatic events that mental health complications may surface. Assessment immediately after such events would most probably show signs of the common and perfectly normal after effects of extraordinary life events…

5 Rescued from Sinking Vessel off Monterey Coast

Feb 01, 2015

Coast Guard rescued five people from a sinking 65-foot sailing vessel approximately 120 miles off the Monterey coast, Saturday.At approximately 8 a.m. Saturday, the 11th Coast Guard District Command Center received a distress signal from a personal locator beacon…

Abu Dhabi's Waha Capital to Invest $870 mln Cash Bounty

Feb 01, 2015

Abu Dhabi investment firm Waha Capital plans to invest 3.2 billion dirhams ($872 million) in the short-term to grow its energy, healthcare and infrastructure portfolio, its chief executive said on Sunday.Salem Rashid al-Noaimi spoke…

CMA CGM Opens Two Offices

Feb 01, 2015

CMA CGM Opens a new branch in Constantine, (Algeria) and an agency in Sihanoukville, (Combodia)Following are the addresses in the respective countries:CMA CGM Algérie, LtdCentre d'affaires El MedinaZone Industrielle Rhumel N°…

Barril Appointed COO of SBM Offshore

Feb 01, 2015

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015.  Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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