A culture of cosy personal ties that can blur the lines between businesses and those regulating them, of profit over safety, and soft courts is in focus as South Korea demands answers over the sinking of a ferry with the loss of more than 300 lives…
The Ancient Mariner title established in 1978 recognizes the officer and enlisted person with the earliest designation as a permanent cutterman and requires a minimum of ten years of sea time. A change-of-watch ceremony for the U.S. Coast Guard…
Independent source of maritime market information for the trading and settlement of physical and derivative contracts, London's Baltic Exchange says it will be making changes to the Baltic Capesize Index including a change to its vessel description…
Following the 151st Annual Meeting of Members and of the Board of Directors ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills…
Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel…
Offshore exploration is a history of man v. nature, with ever bigger technology and investment Prospecting for oil is a dynamic art. The greatest single element in all prospecting, past, present and future, is the man willing to take a chance…
New Jersey Governor Chris Christie said on Tuesday he has tapped former state Attorney General John Degnan to chair the board of the embattled Port Authority of New York and New Jersey.The board's former chairman, David Samson, resigned…
Swiss-based commodity trading house Gunvor opened this month a new trading office in Shanghai dedicated to Chinese domestic business, the company on Tuesday, as it aims to expand its presence in Asia.Gunvor China Trading Ltd, set up in the Shanghai Free Trade Zone…
Ulstein Group reported it delivered a good result for 2013 with an operating income of NOK 2.3 billion compared to 2012’s result of NOK 2.27 billion. Similarly, Ulstein’s operating profits improved in 2013 to NOK 317.8 million from NOK 228 million in 2012…
The operator of a U.K.-registered containership has been ordered to pay £17,311.01 for breaching oil pollution legislation.The Ever Sigma – operated by Evergreen Marine – was en route from Greece to the Netherlands when 700 liters of heavy fuel oil went overboard…
Seafarers’ charity Apostleship of the Sea (AoS) has visited the abandoned crew of a Turkish ship which has been detained in Fowey, Cornwall since early this month. The general cargo vessel, Munzur, was detained by the Maritime and Coastguard Agency (MCA) for various health and safety issues…
Inmarsat has signed an agreement with Telemar SpA, appointing the specialized managed satellite services provider as a Value Added Reseller (VAR) for Global Xpress, serving the Government market in Europe.Andy Start, President, Inmarsat Global Government Services…
Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…
China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel for its rapid economic growth. State-run CNPC has expanded over the past decade to over 30 countries…
Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…
