Keppel Corporation forms, Ocean Mineral Singapore Pte., to explore for polymetallic nodules several kilometres beneath the ocean's surface.Polymetallic nodules contain copper, nickel, cobalt and manganese, as well as rare earth minerals, and…
CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center.The watercraft engineering and marine services contract is for the Naval Surface Warfare Center…
Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers.CrewSEACURE is a new insurance product now available to all employers of seafarers required to satisfy new regulatory…
Navios Maritime Holdings & Navios Maritime Acquisition Corp. in J/V sign LOI to buy 10 ships from debtors of HSH Nordbank.The new Joint Venture company, named Navios JV, has executed a binding letter of intent to acquire ten vessels, composed…
The Legal Committee of the International Maritime Organization (IMO), has drafted advice for masters of ships on preservation & collection of evidence.Draft guidelines on the preservation and collection of evidence following an allegation of a serious crime having taken place on board a ship…
Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size.The report, 'The challenges and implications of removing shipwrecks in the 21st century', warns that the cost of dealing…
MAN Diesel & Turbo, Switzerland, signs to provide Norway's Statoil with new subsea compressor equipment & maintenance services.The Zurich-based MAN Diesel & Turbo Schweiz AG and Statoil have followed a joint subsea compressor qualification programme since 2005…
The Port of Long Beach wins Federal Maritime Commission 'Earth Day' Award in recognition of its mitigation & sustainability efforts.The Port has been named one of three recipients of the 2013 Federal Maritime Commission's Chairman’s Earth…
Catherwood Towing's owner, Ernie Catherwood, adds another tugboat to his 14-boat fleet that operates in and around Canada's Fraser River.The 39-year old boat was at a shipyard undergoing a scheduled Canadian Steamship Inspection. Ernie had…
Fincantieri Muggiano (La Spezia) shipyard in Italy has delivered the patrol boat 'Salahah' to the United Arab Emirates' Navy.The new ship's sister the Ghantut was delivered last January together with an 'Abu Dhabi Class' corvette. The two…
The crew of the 'Maersk Deliverer' has achieved a ‘One-Year Free of Accidents’ award during operations offshore West Africa.Maersk Deliverer has been operating in six different countries in West Africa for eight different clients over the…
The early months of 2013 have been marked by damaging labor strike action in several countries which has punished shipowners and charterers even though they are innocent parties, says The Strike Club, the market leader for delay insurance for the marine trades…
Scana lndustrier ASA, supplier of products & system solutions to energy-related businesses, including the offshore sector has released its 2012 financial report.Scana lndustrier ASA has companies in Norway, Sweden, China, U.S., Poland, Singapore…
Mercy Ships pauses during National Volunteer Week (April 21-27, 2013) to salute its volunteer crew on behalf of the more than 2.42 million direct beneficiaries.These beneficiearies have received curative surgical interventions, health care training…
The Chairman of the Executive Board & CEO of Tognum AG, Joachim Coers, to hand over to Dr. Ulrich Dohle from July 1st, 2013.The Supervisory Board of Tognum AG regretted the decision taken by Coers, which they have accepted, and thanked him…