Scrapping a decades-old ban on U.S. crude oil exports would spur job creation and boost energy security by encouraging new investment that lifts production, Exxon Mobil Corp's chief executive said on Thursday.Chief Executive Officer Rex Tillerson…
The Round Table of international shipping industry associations has released an updated version of ‘Guidelines for Owners, Operators and Masters for Protection Against Piracy in the Gulf of Guinea Region.’ The Guidelines have been jointly developed by BIMCO…
Lloyd’s Register advises that the St. Vincent and the Grenadines Maritime Administration has issued Circular No. PSC 033 which requires additional inspections (termed ‘occasional surveys’) to be carried out for all vessels whose next port of call is within a Paris MOU member country…
World’s first LNG powered containerships to serve Puerto RicoTOTE, Inc. announced an agreement today between its operating companies TOTE Shipholdings Inc. and Sea Star Line LLC on the charter of the two new Marlin Class vessels being built by TOTE Shipholdings at NASSCO in San Diego…
Hamburg Süd announced the opening of an office in Gandhidham, India, on October 1, 2014. It is the second branch office in the state of Gujarat. Hamburg Süd already has three offices in Mumbai, New Delhi and Ahmedabad. Effective October 1…
International accountant and shipping consultant Moore Stephens said total annual operating costs in the shipping industry fell by an average of 0.3 percent in 2013. This compares with the 1.8 percent average fall in costs recorded for the previous year…
In a move that brings it closer to key Asian markets, ship spares logistics specialist GAC Marine Logistics (GML) has relocated its head office to Singapore.The Asia Pacific region is home to a large number of ship owners and ship management…
From September 22 to October 13, 2014, the NATO Research Vessel Alliance is conducting the Multinational AutoNomy Experiment (MANEX ‘14) along the Ligurian coast to demonstrate the advantages of mapping the seabed using autonomous vehicles.Throughout the experiment…
Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America…
Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, announce the establishment of a joint venture for the commercial management of ethane carriers. The new company, “United Ethane Carriers” or UEC, will be based in Singapore…
Ahrenkiel Steamship, the newly formed German ship management company, will consolidate its entire fleet at DNV GL. Nick Topham managing director of Ahrenkiel Steamship and Tor E. Svensen, CEO of DNV GL - Maritime, signed the cooperation agreement at the SMM trade fair in Hamburg…
Dr. Uwe Lauber (47) has been appointed to the Executive Board of MAN Diesel & Turbo SE effective as of 1 October 2014. Dr. Lauber has worked successfully in various management positions within the company since 2000.In his new role he…
DP World today announces that it has acquired World Security FZE for total consideration of $25.5 million. World Security FZE provides security services and solutions to various corporates in Dubai including ports and free zones. World…
Frontline Management (Bermuda) Ltd. and Tankers International LLC (TI) today announced the formation of a new company, VLCC Chartering Ltd ('the Company'). The aims of the Company will be:*to create a larger fleet with more flexibility…
Five Tasmania Police officers will be recognised for their outstanding contribution to search and rescue tonight at this year’s Australian Search and Rescue Awards in Sydney.Since 1996, the National Search and Rescue Council, which is…
