The McLean Group acted as the exclusive mergers and acquisitions (M&A) advisor to SigInt Technologies, LLC (SigInt) on its purchase by Novetta Solutions, LLC (Novetta), a portfolio company of Arlington Capital Partners. Financial terms of the deal were not disclosed…
Cultivating next generation of leaders from head office and overseas subsidiaries, promoting management skills to drive future innovation.Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company launched a program on August 4 to train…
Independent oil producer EnQuest has achieved a safety milestone after recording a total of 11 years without a lost time incident (LTI) across three of its North Sea producing assets.The Heather drilling team achieved eight years without an LTI…
Apprentices at the last remaining shipyard on the River Clyde which has gone bust were thrown a lifeline.The five were among 70 workers who were told on Friday that Ferguson Shipbuilders they were being made redundant. The yard in Port Glasgow…
Ramco Systems has announced that it has been awarded a five-year contract from the Asia division of Vopak, the world’s largest independent tank storage provider, to integrate a part of its regional Human Resource functions into a single platform…
Transport Canada informs that the Honourable Lisa Raitt, Minister of Transport, has spoken of the important role Canada's marine ports play in supporting trade and economic growth in a speech to the 56th annual conference of the Association of Canadian Port Authorities…
The Maritime Administration (MARAD) says it is proud to support the international effort to destroy Syrian chemical weapons and agents by providing the M/V CAPE RAY and its all-volunteer U.S. Merchant Marine crew to support this critical mission…
Bergen Group ASA announced it has signed an agreement with Calexco S.a.r.l. regarding sale of the remaining 30 % shares in NorYards AS for a price of $4 million. The completion of the transaction is expected to take place by end of August 2014…
A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1.TSA (Transpacific Stabilization…
The Safariland Group , a global provider of safety and survivability products for the public safety, military, professional and outdoor markets, announced the appointment of Scott F. Harris as Chief Financial Officer. As CFO, Harris will be…
Thrustmaster of Texas announced the achievement of an important company milestone: 30 years in the marine propulsion industry.Established in 1984 by its current president, Joe R. Bekker, Thrustmaster has grown from a small manufacturer of outboard…
The Shipowners’ Club marked the conclusion of Donald MacLeod’s six year tenure as Chairman with a Board meeting in his home town of Halifax, Nova Scotia, as well as a reception there for local Members and brokers. Philip Orme was appointed to…
The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburg’s universal port with 50.7 million tons of predominantly container handling achieves a result of 4…
In a new enforcement initiative, the United States Environmental Protection Agency (EPA), in cooperation with the United States Coast Guard (USCG), has boarded vessels to collect bunker samples to determine whether the vessels’ fuel sources meet the 1…
The crew responsible for intercepting and destroying billions of dollars worth of narcotics, including the largest seizure of heroin in the history of the Combined Maritime Forces, has returned home.HMAS Darwin and her 232 person crew docked at Garden Island…
