The Shipping Professional Network in London (SPNL) hosted its first event of 2014, sponsored by Norton Rose Fulbright and BIMCO, held at the Norton Rose Fulbright offices in London. John Denholm (President of BIMCO & Chairman and Chief Executive…
CWind, a provider of integrated services to the offshore wind industry, announced that Chris Randle, formerly of Siemens Wind Power, has been appointed as Executive Chairman of the Board of Directors.Andy White, Non-Executive Director of…
Mikhail Ulyanov, an ice-breaking shuttle tanker (ice class – ARC6) belonging to OAO Sovcomflot (SCF Group), has been the subject of a Greenpeace protest, while at the Port of Rotterdam carrying a cargo of 67,000 tons of crude oil, loaded on the continental shelf of the Pechora Sea…
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
Port2Port Maritime has now been formally accepted as an Associate Member of BIMCO, following the company’s accreditation of ISO/PAS 28007, the first assessment of a maritime security company’s quality management system against an International Standards Organization framework (ISO)…
A Vietnamese fishing vessel was apprehended by the joint team of the Philippine Coast Guard (PCG) and Bureau of Fisheries and Aquatic Resources (BFAR) for illegal fishing/poaching in Zambales last Monday, April 28.Based on reports, the…
Bourbon 2014 first quarter revenues were €320 million, an increase of 7.9% at constant exchange rates (2.9% at current rates; Bourbon confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin“Sequentially…
AGR’s Reservoir Management UK division (RM UK) is gearing up for a busy year ahead and has grown its sub-surface department with the addition of Steve Adams, Principal Geologist. Steve, who will be based in AGR’s Aberdeen office, has over 30 years’ experience in the oil and gas industry…
Glander International Bunkering DMCC is please to announce the promotion of Alexandros Margaritis to Senior Bunker & Lubricant Trader and Team Leader as of May 1, 2014. “Alex has proved to be a hardworking and valuable team member, who takes responsibility in the office…
Marine engine controls, wiring harnesses and electrical management systems’ manufacturer CMR Group is gearing up for growth with several senior management appointments across its global operations. Didier Briand comes in as the new international…
At the Annual General Meeting of Concordia Maritime AB held April 29, 2014, Carl-Johan Hagman was reelected as Chairman of the Board and Stefan Brocker was elected as Vice Chairman of the Board. Dan Sten Olsson, Mats Jansson, Michael G:son Löw…
Gauthiers’, a Lafayette-based supplier of oil and gas industry containers and support equipment, officially opened the doors to its newly relocated and expanded Houma facility with a community crawfish boil on Friday, April 11.Approximately 200 invited guests dug into more than 1…
About 40 European river cruise vessels are or will be equipped with a SCHOTTEL propulsion concept with four SCHOTTEL Twin Propellers STP 200. The concept was specifically designed for river cruise ships, and in five years has consistently gained…
Royal Dutch Shell capped a strong first quarter reporting season for oil majors with better-than-expected results which were boosted by gas earnings, while shareholders were rewarded with a higher dividend.Shares in the company were up…
Moody's Investors Service has revised for the first time since June 2011 its outlook for the global shipping industry to stable from negative. 'The revision reflects our expectation that the global industry's aggregate EBITDA will rise by…
