Oscar Spieler-led LNG shipowner Golar LNG Ltd. (GLNG) on Tuesday reported a loss of $80.1 million in its first quarter. The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share…
The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court. Both Francesco Schettino, who was commanding the ship when it hit rocks off the Tuscan island of Giglio…
On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding & Repair Maritime Cluster (TTSR) signed a Memorandum of Understanding to undertake maritime project initiatives involving research…
Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive Leadership In Safety award at the association’s meeting in Park City, Utah.…
Future leaders of DP World UAE Region met HE Abdullah Al Mandoos, Acting Charge d’Affaires of the UAE Embassy in Singapore this week as part of their Advance Leadership Development Program. Al Mandoos welcomed 17 UAE National…
The Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry, has announced the appointment of Ian Petty as its first ever General Manager. Petty will take responsibility for the day-to-day…
On 19 May, Ziemelblazma Culture Palace in Riga, the Latvian capital was the venue for a meeting between numerous representatives of the Ports of Liepaja, Riga, Ventspils, Lübeck, Kiel and Hamburg. This was hosted by the three Latvian ports and Port of Hamburg Marketing (HHM)…
Around 200 seafarers with Shipping Corporation of India (SCI), the country's largest shipping company, are on a hunger strike (industrial action) since Saturday over wages and arrears. According to a Press Trust of India report, these seafarers…
Elektrans Group announced the promotion of Capt. Deepak Arora to Managing Director of Elektrans Shipping Pvt. Ltd. Capt Arora has been with the Elektrans Group for 4 years during which he has served in several executive positions within Elektrans…
Yara International ASA announces three new members to its Executive Management group, to improve focus on strategy, innovation and positioning.'Following recent organizational changes to sharpen operational focus and alignment, these further changes are made to improve our focus on strategy…
DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa, the Wall Street Journal reported. DP World signed a US$442 million…
Abu Dhabi Ports - the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate - presented the integrated offerings of Khalifa Port and Kizad at an exclusive business event in Abu Dhabi. Organised by Abu…
A Coast Guard aircrew medevaced a 78-year-old man from a cruise ship 29 miles southwest of Newport, Ore., Friday.An MH-65 Dolphin helicopter crew, from Coast Guard Air Station North Bend and forward deployed to Coast Guard Air Facility Newport…
Nautilus Minerals Inc. announced that its Chairman of the Board of Directors, A. Geoffrey Loudon, will retire and not stand for reelection at the company’s upcoming annual General meeting on June 1, 2016. Loudon has been Chairman of the…
DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports. In a ceremony held on May 16, 2016, at the U.S. Department of Commerce’s headquarters in Washington, D.C., Department of Commerce Secretary Penny Pritzker said…
