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Cavotec Listing on NASDAQ OMX Upgrades to Mid Cap Segment

Dec 19, 2013

As announced by the Stockholm NASDAQ OMX, engineering group Cavotec SA (CCC: Stockholm) is to be included in the NASDAQ OMX Mid Cap segment, upgrading its current Small Cap listing, with effect from January 2, 2014. The move highlights the group’s…

Friday Afternoon Mixup Costs Shipbroker

Dec 18, 2013

Specialist shipping intermediaries insurer ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets.In its latest Claims Review, ITIC…

Shipbuilders Grateful for Congress Budget Concensus

Dec 18, 2013

The Shipbuilders Council of America (SCA) called the bipartisan budget agreement now passed by both houses of Congress an important first step and thanks Members of Congress for providing the much needed resources for the U.S. shipbuilding and repair industry…

Maersk Training Helps Fill Jobs in Offshore Wind

Dec 18, 2013

Local unemployed people are benefiting from new careers in the offshore wind industry following their completion of a newly developed qualification offered by Maersk Training in Newcastle, designed to help them take advantage of job opportunities in the thriving U…

Summit of World's Leading Maritime Regulators a Success

Dec 18, 2013

Yesterday, regulators from the U.S. Federal Maritime Commission, the People's Republic of China's Ministry of Transport and the European Commission's Antitrust Unit met at FMC headquarters in Washington, DC.  The regulators conducted discussions…

Ecospeed Agent Appointed in Denmark

Dec 18, 2013

Nielsen Marine Aps, based in Hirtshals, has been appointed as the Danish agent for the Ecospeed and Ecoshield underwater hull coating manufacturer Hydrex.As an official Ecospeed and Ecoshield representative, Nielsen Marine Aps will support Hydrex sales in mainly the Danish shipping…

“No one likes piracy.”

Dec 18, 2013

Maritime security is built upon mutual cooperation, respect and 'responsibility to share' rather than 'need to know'Offshore Patrol Vessels Middle East 2013 delegates may share different perspectives, but agree on importance, responsibility…

Brooklyn Honors Mandela on Rowboat Across Atlantic Ocean

Dec 18, 2013

Victor Mooney, executive director and founder of South African Arts International, will be joined by community leaders to invite the public to have their name on his rowboat - 'The Spirit of Malabo,' which he has dedicated to Nelson Mandela…

Survey: Shipping Confidence at Three-Year High

Dec 18, 2013

Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…

ICS Suggests Security Training Grace Period

Dec 18, 2013

The International Chamber of Shipping (ICS) has raised concerns with governments about preparations worldwide for issuing tens of thousands of seafarers with new certificates for security-related training by January 1, as required by the 2010…

Haas Named Sales Manager at ISS GMT

Dec 17, 2013

ISS GMT has appointed Steve Haas as Manager of Sales, North America.Steve is a Retired U.S. Navy Nuclear engineer with over 21 years of Naval Service. Since his retirement, Steve has served as a Fleet Crewing Manager for US Military Sealift…

Bader Joins Martek of Palm Beach as CFO

Dec 17, 2013

Martek of Palm Beach, an industry-leading marine electronics engineering and support company based in Stuart, Fla., is pleased to announce the addition of marine business veteran Martin Bader as chief financial officer. Bader will be responsible for all financial operations of the company…

Seacurus: Seafarers Should be Protected Against Risk of Unpaid Wages

Dec 17, 2013

Specialist marine insurance intermediary Seacurus says that reported doubts about the insurance industry’s ability to insure the liability for unpaid wages of abandoned seafarers under the Maritime Labor Convention 2006 are inaccurate and ill-founded…

Egloff Named Executive Board Member of Port of Hamburg

Dec 17, 2013

The Supervisory Board of Port of Hamburg Marketing (HHM) has appointed Ingo Egloff, a member of the Hamburg City Parliament and the Bundestag for many years, as a HHM Executive Board Member. Egloff, who was a member of the Bundestag Commission…

U.S. Coast Guard Clarifies BWM Type Approval Process

Dec 17, 2013

Recently the Coast Guard has been responding to rumors that type approval of ballast water management systems (BWMS) that incorporate ultraviolet radiation (UV) as a disinfection process will not be possible under Coast Guard type approval requirements…

Logistics News

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

U.S. Representative Lisa McClain Recognized as a Great Lakes Champion

U.S. Representative Lisa McClain Recognized as a Great Lakes Champion

Latin American Trade Growth Drives Increase in Port of New Orleans Cargo Volume

Latin American Trade Growth Drives Increase in Port of New Orleans Cargo Volume

Infrastructure Projects Continue at Port of Charleston

Infrastructure Projects Continue at Port of Charleston

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United Airlines Ventures invests into aerospace startup Astro Mechanica
Israel orders Boeing aerial refuelling tanks worth $500 million from the US
Karpowership, a Turkish ship, will supply Iraq with 590 MW maximum of electricity