The Great Lakes shipping industry is calling on Congress to quickly pass the Water Resources Reform and Development Act (WRRDA) approved by the House/Senate conference committee. The bill contains provisions that will significantly reduce the…
International developer of simulators and virtual training software, Rotterdam-based VSTEP, says it has appointed Joost van Ree as head of sales with responsibility for worldwide sales and growth of the company’s simulator products.Van Ree…
The Maritime Administration (MARAD) today announced an organizational realignment that it said will strengthen the Agency’s ability to ensure the nation has sufficient capability to meet sealift needs during conflicts or national emergencies…
AWO President & CEO Tom Allegretti issued a statement on behalf of U.S. tugboat, towboat and barge operators praising House and Senate leaders for their work in forging “critically needed” waterways infrastructure legislation and urged Congress…
ATL’s newest OSV contract creates 100 new jobsAtlantic Towing Limited (ATL) announced today that it has secured a new 10-year firm contract, plus a total of 15 years of options at the Charterers’ discretion, with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd…
The Subcommittee on Coast Guard and Maritime Transportation, chaired by Rep. Duncan Hunter (R-Calif.), will hold a hearing next week to examine the proliferation of new ocean technologies, how such technologies could improve government performance…
Triton Overseas Transport has announced the appointment of Robert Blair to the position of Outside Sales Representative. Focused on positioning Triton as the Gulf Coast gateway to the world, Blair will offer competitive rates, outstanding customer…
Sir Richard Branson is a last minute addition to the list of speakers at All-Energy 2014. The U.K.’s renewable energy exhibition and conference is being held at Aberdeen Exhibition and Conference Centre (AECC), May 21-22. Speaking live from his renowned Necker Island base…
A new spar platform being built for Statoil's Aasta Hansteen field off the coast of Norway will feature Wärtsilä's Inert Gas and Nitrogen Generator systems, the power solutions company said. The contract has been issued in the first quarter 2014 by Hyundai Heavy Industries (HHI) of South Korea…
PetroChina's overseas operations chief Bo Qiliang is under official investigation after being removed from his post, a company source with knowledge of the matter told Reuters. Earlier on Friday, PetroChina said in a filing with the Shanghai…
Harvey Gulf International Marine has sold its towing division to Signet Maritime Corporation.Through the deal, Signet will acquire eight offshore towing vessels (OTVs) ranging in size from 75 to 153 metric tons bollard pull. The sale will encompass all Harvey OTVs…
London P&I Club’s result for the 2013/2014 financial year produced an overall surplus of $6.6 million, increasing the free reserve to $160.6 million.There was an increase in P&I claims costs within the club’s retained layers in the financial year…
The TT Club announced its financial results for the year ended December 31, 2014, maintaining its A- (Excellent) rating by agency AM Best for the eight consecutive year.Highlights: $186.3 million gross written premiums $12 million surplus Total assets of $641…
BMT Group Ltd. announced that Charles Packshaw has joined the Board of Directors as a nonexecutive Director. Charles has 30 years’ experience working with financial institutions in the City of London and is currently Head of UK Advisory at HSBC Bank…
Russian Maritime Register of Shipping (RS) said it is actively strengthening partnership in key areas of enhancing maritime transport safety. In 2014, meetings of four sections of the RS Scientific and Technical Council (STC) were held. Scientific and educational centers…
