Golden Ocean Group Limited has taken delivery of dry bulk vessel Q Kennedy, to be renamed Golden Kennedy. The vessel is the third of 16 dry bulk vessels recently acquired by Golden Ocean in an all-share transaction where the company will issue in aggregate 17…
The international ship managers’ body, InterManager, has extended its global membership by welcoming three new members, the Republic of the Marshall Islands Ship Registry, ARC and SC Innovation. Welcoming the three new members, Capt Kuba Szymanski…
On April 25 Damen’s IMO certified InvaSave ballast water management system (BWMS) received its world premiere in front of an invited audience courtesy of Groningen Seaports at the harbour of Delfzijl and Eemshaven, The Netherlands. This marks…
African Marine Solutions Group (AMSOL) has been awarded two recent milestone contracts following the acquisition of SMIT Amandla Marine in December 2016 AMSOL has been awarded a five-year contract by the South African Department of Transport…
The containership charter owner Global Ship Lease (GSL) has reported first-quarter net income of $6.8 million. Its revenue stood at $39.6 mln for the Quarter. Ian Webber, Chief Executive Officer of Global Ship Lease, stated, 'During the first quarter of 2017…
Thome Ship Management Pte. Ltd., has opened a modern training facility in Makati city in the heart of the Philippines, so that its seafarers and cadets can practise using the latest equipment which will be the same as the machinery they encounter once onboard…
OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, announced the merger of its U.S. business with Louisiana based cargo unit and logistics specialist Paragon Industries, Inc. The multimillion…
Effective May 1, Lasse Petterson has assumed the role of chief executive officer (CEO), a provider of dredging, environmental and remediation services. In his over 35-year career, Petterson has gained extensive experience in the engineering…
Mitsui O.S.K. Lines (MOL) has formulated a new management plan starting from fiscal 2017. In formulating the plan, it first devised a vision for the MOL Group 10 years from now (2027), along with a long-term course for management, and then…
Nexiot AG is customizing its zero-maintenance smart sensor system for Bertschi Group’s tank containers, to monitor the temperature of dangerous goods and help ensure safe delivery of consignments. The data is then sent to a control system…
Hyundai Heavy Industries (HHI) has posted a net profit of KRW462.3bn ($409.6m) for the first quarter of 2017, making it the fifth consecutive quarterly profit for the group. This represents a surge of 90% from the previous corresponding quarter…
Daewoo Shipbuilding & Marine Engineering (DSME) swung to the black in the first quarter of the year from a year earlier, largely thanks to cost-cutting measures, reports Yonhap. The Korean shipyard reported an operating profit of 292 billion won ($257…
Matson, Inc. president and chief executive officer Matthew J. Cox will succeed retiring chairman of the board Walter A. Dods, the company announced today. The appointment becomes effective at the end of the company's annual shareholders’ meeting today…
The eMaritime Group have launched a free social network app eMaritime Exchange for Apple and Android. Developed by seafarers for seafarers, the focus of the app is solely on improving the lives of mariners around the world. From breaking…
Elissa DeFalco, an associate professor of humanities at SUNY Maritime College, has received a Chancellor’s Award for Excellence in Teaching from the State University of New York this year.The award was given in recognition to her dedication to the success of her students…