Tsakos Energy Navigation Limited (TEN) has announced the sale of the 1991-built Aframax tanker Vergina II to third party owners. Vergina II, sister vessel of Victory III sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1…
Miami-based outfitting contractor Sea Level Marine announced its recent successful completion of a dry-dock refit of Crystal Cruises’ Serenity on May 21, 2011 at Meyer Werft yard in Hamburg, Germany. The scope of the 14-day project was an interior…
TITAN Salvage has appointed Mark Hoddinott to global director, marketing and strategy, responsible for developing, delivering and managing the company's strategic marketing and business development plans. He will operate out of Titan's UK facility at Newhaven…
TT Club, the leading mutual insurer in the international freight and logistics arena, has had its financial strength rating of A- (Excellent) re-affirmed by the US rating agency, A. M. Best. TT’s issuer credit rating was also maintained at 'a-' by the agency…
InterManager, the international trade association for the shipmanagement industry, announced the completion of the development phase of its six-yearproject to produce an industry wide performance measurement tool. The Project is set to be rolled-out to the worldwide shipping industry…
Maritime recruitment specialist Faststream appointed a new Vice President to manage its team of recruitment specialists in the USA. Tamara Ellis, a former senior employee with Ranstad, the world’s second largest staffing organisation, will…
Renee Marazon, CEO of The Maritime Academy of Toledo Foundation, has announced that The Maritime Foundation has been approved by the U.S. Coast Guard to offer Standards of Training, Certification and Watchkeeping (STCW training) effective immediately…
The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80 m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels…
Norwegian Public Service broadcaster NRK transmitted the 134 hour boat trip from Bergen to Kirkenes live and non stop, starting last Thursday June 16 at 19:45 CET. For those curious if 134 hours of television is a Guinness World Record, it's not…
Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed…
After extensive coordination with several Navy organizations and the U.S. Maritime Administration, the Deputy Chief of Naval Operations for Fleet Readiness and Logistics approved revisions to the latest CNO Instruction (OPNAVINST 1534.lD) transitioning…
The Directors to Kvaerner's Board have been elected. From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner's employees…
ORBIT Communication Systems, Ltd., a subsidiary of Orbit Technologies Ltd. (TASE:ORBI), today announced that it has recruited Dr. Carlo Rizzo to head its Telemetry and Earth Observation business operations in Europe. A seasoned industry expert…
When Admiral Robert J. Papp assumed the duties of the 24th Commandant of the U.S. Coast Guard on May 25, 2010, he also served notice that it won’t be business as usual at headquarters. Papp, unlike his three immediate predecessors, apparently…
In shipping, there’s little that one can count on from year to year. The word “change” comes to mind immediately. Another constant is a steady hand at the helm at the International Association of Independent Tanker Owners (INTERTANKO), the voice of the world’s collective tanker market…