Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise…
The inauguration of new The Nautical Institute (Singapore) Branch was hosted by the Singapore Shipping Association and sponsored by the Shipowners’ Mutual Protection and Indemnity Association (Luxemburg), Singapore Branch, during Singapore Maritime Week…
World Marine, LLC has received the Shipbuilders Council of America’s (SCA) annual “Excellence in Safety” award as well as the “Improvement in Safety” award. SCA, the national association representing the U.S. shipyard industry, honors companies…
The Great Lakes Towing Company announces the addition of Nikita Skeeter, a maritime professional with over 25 years of experience in shipbuilding and production management, as General Manager of Great Lakes Shipyard. Skeeter’s management experience includes multiple…
Toril Eidesvik has been appointed as new CEO of TTS Group ASA after Björn Andersson. She enters the position immediately and resigns as Director of the Board of the company. Toril Eidesvik has previously been CEO of Green Reefers ASA and EMS Seven Seas ASA…
The board of Golden Ocean Group Ltd. announced a pair of leadership appointments, naming Birgitte Ringstad Vartdal as the new Chief Executive Officer of Golden Ocean Management AS and Per Heiberg as the new Chief Financial Officer of Golden Ocean Management AS…
Royal Dutch Shell will close the head office of BG Group, the gas producer it agreed to acquire for $50 billion in February, by the end of the year, it said on Monday, as part of a plan to save costs and cut 10,300 jobs worldwide.The oil…
South Korea’s Hanjin Shipping Co. Ltd will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion, reports Bloomberg. The board of Hanjin Shipping decided to file for receivership and give creditors authority to manage the company…
Indonesian President Joko “Jokowi” Widodo has invited the Netherlands to invest in Indonesian infrastructure projects, particularly those that support Jokowi’s maritime sector development program, reports the Jakarta Post. In the maritime sector…
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T. Blackley (President & CEO, Overseas Ship Management…
Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy paid a visit to MTU Reman Technologies in Magdeburg to find out more about the company’s development operations in the maritime sector.The…
The crew of the USCGC Kiska (WPB 1336) returned to home port in Hilo last week after a particularly challenging living marine resources patrol due to weather.Despite encountering seas of more than 10-feet and 23 to 35 mph winds the crew…
The National Park Service, in partnership with the Maritime Administration, has announced the award of $2.58 million in Maritime Heritage Program grants for projects in 19 states that preserve sites and objects related to our nation’s maritime history…
Crowley Maritime Corporation’s 2016 Thomas B. Crowley Sr. Memorial Scholarships are helping to further educational opportunities for three students of Texas A&M University, all of whom are enrolled in the college’s License Option program and…
Braemar Engineering announces the retirement of Michael Holderness, founder of Braemar Engineering (formerly Wavespec), at the end of April.Since the establishment of Wavespec in 1993, and through its acquisition by Seascope thence Braemar Shipping Services PLC in 2001…
