Senator David Johnston, the Australian Minister of Defence announced about the government's was committed to creating a sustainable naval shipbuilding industry. He informed that the Government would be investing in a safe and secure Australia…
In a joint press release the Australian Minister for Finance Senator Mathias Cormann and Minister for Defence David Johnston stated. that the shipbuilding expertise will to be inserted into the Air Warfare Destroyer program. In this regards the release said…
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group worth approximately USD 27 million for 3D EM data acquisition in Uruguay. 'We are delighted to start working for BG in Uruguay on this survey…
Inchcape Shipping Services is issuing guidance about new towage regulations affecting the port of San Lorenzo in Argentina.Effective from 15 December, and in accordance with local Coast Guard regulation PZBP R17 N° 07/14, all vessels mooring at the terminals Axion…
U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…
Denmark has compensated nine Somalis suspected of trying to hijack a Danish ship in 2013 because they were detained too long before being brought before a judge, the public prosecutor's office said on Monday.Each defendant received $3,247 for the 13 days they were detained…
U.S. stocks declined on Monday, dragged lower by a big drop in energy shares and global growth concerns following soft data out of China and Japan. Energy was easily the worst-performing S&P sector, down 3.6 percent, as Brent crude fell…
China Eximbank has loaned Ivory Coast $875 million (approx.) for the construction of a second container terminal at Abidjan port, noted the port's General Director.Ivory Coast plans to increase capacity at the port in its economic capital Abidjan…
The Local Organizing Committee of the OCEANS ’15 MTS/IEEE Washington, DC conference and exhibition announced that Rep. Sam Farr, co-chair of the House Oceans Caucus (HOC), and Dr. Rick Spinrad, National Oceanic and Atmospheric Administration (NOAA) Chief Scientist…
Shell’s MayMarie Culton Coaches Ship Owners to Achieve Championship Performance As a high school track and basketball star and power forward for the U.S. Merchant Marine Academy Mariners basketball team, Shell Marine Products engineer MayMarie Culton understands a thing or two about coaching…
MarineNews contributor (Captain) Jeff Cowan handicaps the current system of medical evaluations and credentialing by the U.S. Coast Guard. It’s not all smooth sailing. “While the U.S. Coast Guard regrets any hardship merchant mariners may experience to maintain their credentials…
Vice President – Development, United States Maritime Resource Center Maritime Simulation Institute An hour spent with Margaret Kaigh Doyle is a high energy event, punctuated by her enthusiasm for everything she undertakes on a daily basis…
In October, Dryad Maritime released the global latest piracy statistics. The Q3 maritime crime figures show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise…
Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector.In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010…
Careless errors by ship agents are resulting in costly claims, according to ITIC.In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt…
