Shipowners and managers will gather in Singapore next week to examine the strengths of their relationship and consider the state of the global shipping industry during the first International Shipowning and Shipmanagement Summit.Taking place…
U.K. maritime intelligence provider, Dryad Maritime released its Q3 maritime crime figures which show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise. Dryad’s…
Moody’s Investors Service has upgraded Canaveral Port Authority’s $30.2 million in outstanding revenue bonds to A2 from A3 and rated its financial outlook stable. The upgrade was attributed to low leverage, cruise growth, stable finances and proactive capital plan management…
Chairman Mario Cordero announced that the Federal Maritime Commission has completed compromise agreements recovering a total of $503,000 in civil penalties. The agreements were reached with five non-vessel-operating common carriers (NVOCCs)…
Gerardo Borromeo has been elected as President of InterManager for a second term and will serve as head of the global third party and in-house ship managers association until 2016.The vote at InterManager's Annual General Meeting in Singapore…
Turkey today, October 14, ratified the Ballast Water Management (BWM) Convention 2004, bringing the number of Contracting States to 43 countries, representing approximately 32.54% of world merchant shipping tonnage. 35% of global tonnage will trigger entry into force of the Convention…
The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS)…
British oil and gas producer Afren Plc sacked its chief executive, chief operating officer and two associate directors after an independent review into unauthorised payments found evidence of 'gross misconduct.'Shares in the company rose as much as 6…
Woodside has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon.The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to 1100 m…
Energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore…
Norwegian Cruise Line returned to Houston on Saturday, October 11. Its Norwegian Jewel arrived at the Bayport Cruise Terminal in Pasadena, Texas. This inaugural call marked the beginning of the 2014 Fall Cruise Season for the Port of Houston Authority…
Over the past 43 years, Furuno has received the honor of being the most recognized company in the marine electronics field by the National Marine Electronics Association (NMEA). This year, Furuno won four more NMEA awards at the prestigious 2014 NMEA Convention in Sanibel…
USS America (LHA 6), the Navy's newest and most technologically advanced amphibious assault ship, was commissioned during a formal ceremony at Pier 30/32 during San Francisco Fleet Week, Oct. 11.More than 8,000 friends, family members…
Greg Hewitt (MBA, B.Sc.) has over 25 years of versatile experience from industrial equipment, transportation, major appliances and retail businesses. He has worked as President and CEO in Heil Trailer International, as Vice President & General Manager in Komatsu North America…
Several European countries have introduced measures in response to the continuing outbreak of Ebola virus in some West African countries and isolated cases elswehere, as follows:SPAIN:All vessels must now submit their Health Maritime Declaration prior to arrival at Spanish ports…
