John M Lyras, Chairman of the London P&I Club, has called for concerted international action on the provision of places of refuge for ships involved in casualties.Writing in the club’s 2014 Annual Report, Lyras commented, “Nearly twelve years after the Prestige disaster…
EURONAV announces that it has raised $125 million in total in gross cash proceeds through a private placement of 10,556,808 new shares to institutional investors selected through an accelerated book build offering. Following strong demand, Euronav…
William Egan is the new president of the Institute of Acoustics.One of Egan’s first tasks will be to lead the Institute’s 40th anniversary celebrations which culminate in a special two-day conference at the NEC, Birmingham October 15-16…
ExxonMobil Marine Fuels & Lubricants launched a new marine fuel that is designed to help marine operators comply with the 0.10 percent sulfur cap set to be introduced in Emission Control Areas (ECA) beginning January 1, 2015. ExxonMobil Premium…
Peute Recycling, a Netherlands-based recycling firm, has announced plans to undertake a significant investment at its recycling facility, located in Dordrecht, near the port of Rotterdam.The company says it will lay asphalt on 6,000 square meters of its facility in the summer of 2014…
Workers at France-Corsica ferry operator SNCM must end their strike and let the troubled company undergo a restructuring to secure its future, Prime Minister Manuel Valls said on Tuesday.Loss-making SNCM, whose unions have been on strike since June 24…
The U.S. pressed China to implement structural reforms in its exchange rate and to modify its 'aggressive behaviour' in disputed waters during a preliminary round of bilateral talks, senior U.S. officials said.The United States, led by U…
Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator's concession in Africa's largest container terminal in a row over how the contract was awarded.'The resulting agreement unfairly favoured DP World…
L-3 Marine Systems International (L-3 MSI) announced today the promotion of Armin Groth and Maik Stoevhase to managing directors of its L-3 SAM Electronics business. As managing directors, Groth and Stoevhase report to Ulrich Weinreuter, president of L-3 MSI…
The National Transportation Safety Board’s (NTSB) investigation into the allision of passenger vessel Seastreak Wall Street with Pier 11, Lower Manhattan, New York early last year has led the board to issue a safety alert regarding stairway hazards during docking and undocking…
New chairman and board members appointed to trade association dedicated to maritime industrial relations.The International Maritime Employers’ Council held its Annual General Meeting in London on Thursday, July 3 following a meeting of the Board of Directors on July 2…
Veripos confirmed its participation in the consortium delivering the AALECS (Authentic and Accurate Location Experimentation with the Commercial Service) project launched by the European Commission in January. Other members of the consortium for the project…
Pilot program will mean better shelf life for citrus, grapes, blueberries.South American citrus, grapes and blueberries will arrive sooner and last longer for consumers in the Southeastern U.S. thanks to the Georgia Ports Authority’s participation in a USDA pilot program…
Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development…
Newly Set Target is Aimed to Promote Diversity of Human Resources.Mitsubishi Heavy Industries, Ltd. (MHI) has set a target to increase the number of the company's female managers (in positions of Section Manager and higher) threefold from the current level by 2020…
