The Milan stock exchange has given the green light to the listing of shares in Italian state-owned ship maker Fincantieri, it said in a statement on Thursday.The initial public offering of a minority stake in the company is part of a privatisation…
Specialist shipping law firm Clyde & Co says that a Court of Appeal decision whether owners had acted unreasonably in withholding their consent for the use of two nominated VLCCs in a Ship to Ship (STS) transfer of crude oil from another VLCC…
Offshore energy, whether oil, gas or wind, faces a tightening regime of restrictions. In Germany, for example, the German Federal Bureau of Maritime Traffic and Hydrography (BSH) recently updated its standards for offshore wind energy units…
On the 21st May, Trelleborg hosted a group of 50 PIANC Young Professionals in a visit to their Ridderkerk facility in the Netherlands, for a full factory tour and a series of presentations. The group enjoyed a presentation by Trelleborg Marine Systems’ EMSA Director…
ISSA – the International Shipsuppliers & Services Association – has elected a new President.Abdul Hameed Hajah from Singapore will succeed Jens Olsen from Denmark when the latter retires at the end of the year.At the Association’s Annual…
A week before the start of a scheduled three week jury trial, the law firm of Cunningham Bounds, LLC apprises it obtained a $46,000,000 settlement for its clients, Bender Shipbuilding and Repair Company, Inc. and an international ship operator…
Maritime New Zealand inform that the master of the 177m Singapore-flagged cargo vessel 'Lake Triview' has been fined $2000 (plus $130 court costs) after pleading guilty to a charge of failing to notify Maritime New Zealand (MNZ) that the vessel…
After a 7-year hiatus in reauthorizing new U.S. water resources legislation, the American Association of Port Authorities (AAPA) says it commends President Obama for officially signing the 2014 Water Resources Reform and Development Act into law…
The Panama Canal Authority (ACP) informs that the second shipment of four rolling gates for the Third Set of Locks to the waterway's Atlantic side has arrived from the Port of Trieste, Italy, on board the semi-submersible vessel 'STX Sun Rise'…
It is with great sadness that the island of Bonaire continues to mourn the loss of Captain Don. He was one of the pioneers of diving tourism on Bonaire and legendary in his own right. Upon his arrival on Bonaire, 52 years ago, Captain Don…
In a meeting in the Corporate Assembly of Statoil ASA, Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors.Bjørn Tore Godal, Maria Johanna Oudeman, Jakob Stausholm, Catherine Hughes and…
Morgan Stanley's head of crude oil trading in New York, Tom O'Connor, resigned last week, a person familiar with the matter said.O'Connor was a managing director who ran the New York crude oil trading desk. He joined Morgan Stanley in 2000 as an associate…
SRI has hosted the latest in a series of initiatives to educate maritime law graduates and post graduates, and practising lawyers, on priorities and challenges around promoting and advancing the legal rights of seafarers.The seminar, held on Monday June 9…
Bibby Ship Management has secured a contract to supply crew management services for Chevron’s floating storage unit, the Alba-FSU.The crew will provide operating, loading and equipment handling services on the Alba Floating Storage vessel…
Dron & Dickson, specialists in design, supply and maintenance of hazardous area electrical equipment, has appointed a new sales manager to oversee its Hull operation.Robert Courtney, who joined Dron & Dickson as a sales coordinator at its Aberdeen office in 2013…