Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced it has been involved in deals providing funding for acquisitions and…
Australian billionaire Clive Palmer plans to build a 21st-century replica of the Titanic Palmer has signed a first-stage agreement with Nanjing- based CSC Jinling Shipyard to build the ship as part of a planned fleet of luxury liners, according to a Bloomberg news report…
'Next Generation Container Port Challenge' (NGCP) competition announced by Singapore authoritiesPerformance, productivity, sustainability - achieve these three targets in order to win the Next Generation Container Port (NGCP) Challenge's top prize of USD1 million…
Odyssey Marine Exploration soon to begin three high-value marine recovery projects, receives US$ 8 million investmentOdyssey Marine Exploration, Inc. deep-ocean shipwreck explorers, announce it has delivered an additional closing notice…
Resource Power Group (RPG) acquired the assets of Gen Turbo Inc., a supplier of parts and services for large bore diesel engine turbochargers in Miami, FL. Gen Turbo Inc. (GTI) is recognized in the industry for delivering to it’s customers a combination of affordable…
With the arrival of four new Technical Advisers, the International Marine Contractors Association (IMCA) is well set to carry out its work programme on behalf of its 850+ member companies in over 60 countries.The four new members of the team…
In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society…
At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals…
Rhode Island’s economic assets include a surprising number of prominent and lesser known maritime firms. A recent media tour hosted by the Rhode Island Economic Development Corporation (RIEDC) highlighted the Ocean State’s key role(s) in the nation’s maritime industry…
San Francisco Bay 2007 container ship crash owner to sue pharmacists for negligent supply of medication to the harbor pilot concernedThe owners and operators of a container ship that slammed into the San Francisco-Oakland Bay Bridge in 2007…
Maersk container ship disabled, drifting off the coast of Portugal after engine failure. Tug ordered just in case.Maersk Line container ship Gerd Maersk, on passage from the Far East to Bremerhaven, following engine failure, was drifting about 20 miles northwest of Porto…
Managers of The Strike Club were able to give an upbeat report to the club’s directors when they met in Istanbul.Ongoing increased demand for the club’s various insurance covers has resulted in strong growth and a very positive renewal in February for the 2012/13 year…
Accident investigation is a painstaking and often painful process and, more often than not, theoutcome is a raft of new policies and measures to avoid reoccurrence. Yet, if well thought out and established company procedures are followed in the first place…
Fire on board S. Korean fishing boat in remote Ross Sea killed at least three crew earlier this yearA major rescue effort was launched in the Ross Sea in early January when the 51 metre Korean fishing vessel Jeong Woo 2 caught fire. It was…
Cummins Inc. (NYSE: CMI) unveiled its first Smartphone application allowing job seeking candidates the ability to interact with 3D versions of its latest engine technologies and search for a new career with the company.“Our Smartphone app connects with candidates everywhere…