Austal USA earns 3rd annual Equity Underwriters' (AEU) large shipyard safety & health award . (AEU insures 68 shipyards nationwide).AEU has honored Austal USA, a member of the American Longshore Mutual Association (ALMA), with the presentation…
Moody's Investors Service assigned to Hapag-Lloyd AG. (Hapag-Lloyd) a B2 corporate family rating and the B2-PD probability of default rating. At the same time, the rating agency has withdrawn the B2 corporate family rating (CFR) and the…
Container shipping costs have continued to rise, but the trend has not been uniform across all trades and Drewry is expecting rate levels to fall in the final months of the year. Pricing on Asia origin trades has been buoyed by peak season volumes…
Xylem Inc., a leading global water technology company focused on addressing the world’s most challenging water issues, is responding to the needs of its marine industry customers with the launch of JabscoTech.com, an online service offering…
Veson Nautical offers a hosted option for IMOS (Integrated Maritime Operations System), its flagship solution. The new IMOSLive option eliminates up-front IT infrastructure investment and management, in-house installation of software, and internal hardware and software upkeep…
Georges Azevedo has been appointed Chief Financial Officer (CFO) at Geodis Wilson and will join the Board of Management of Geodis Wilson, the Freight Forwarding Division of Geodis.Georges Azevedo, aged 43, graduated with a degree in Accounting…
Dubai Maritime City signed an MOU with Shell to explore the diverse business options related to promoting alternative sources of energy such as Liquefied Natural Gas (LNG).The primary focus would be on exploring opportunities that would enable…
Teledyne Marine has steadily built an armada of technologies and brands serving nearly every facet of the subsea sector through systematic acquisition, investment and organic growth. Recently MTR solicited the insights of a quartet of executives…
China National Offshore Oil Corporation (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Block 05/31 in Bohai. Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai…
The Ace Winch Academy has received accreditation for the delivery of its training programs from the internationally recognized training authority, City & Guilds.The accreditation is a major milestone for the Ace Winch Academy in achieving…
BMT Group opened of a new central London office to support its rapid growth.The new complex, close to St Katherine’s Dock and the City of London will house elements of subsidiary companies, BMT Hi-Q Sigma, BMT Surveys, and BMT WBM under one roof…
Eastern Shipbuilding Group, Inc. entered into an agreement with Spain's Sener Ingeniería y Sistemas S.A. (Sener) for the license to use the Foran CAD/CAM System, developed by Sener, in their shipbuilding activities. With this, Eastern has taken…
Wilhelmsen Ships Service (WSS) has opened a new office in Western Australia to meet increased business opportunities as the port of Geraldton continues to grow. Michael Connolly, General Manager for Western Australia said, “As a business, we…
Containerized cargo volume at the Port of Long Beach surged 16 percent in August compared to the same month one year ago, with double-digit percentage gains in both imports and exports. Latest Middle Harbor project update shows significant progress…
Coast Guard establishes safety, security zone in response to shooter at Washington Navy YardThe Coast Guard captain of the port has established a temporary safety and security zone Monday in response to a report of a shooter at the Navy Yard in Washington…
