Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the second Littoral Mission Vessel (LMV), Sovereignty, designed and built for the Republic of Singapore Navy (RSN)…
Hong Kong bulker Pacific Basin has proposed a one-for-one rights issue in a bid to raise approximately $150.6m for strengthening its long term equity capital. The shipping company plans to sell around 1.9 billion rights shares at a price of HKD0…
The crew of the Coast Guard Cutter Isaac Mayo repatriated 39 Cuban migrants to Bahia de Cabañas, Cuba, Saturday.On Monday, the Coast Guard Cutter Isaac Mayo crew located a rustic vessel northwest of Havana, Cuba, with 39 suspected Cuban migrants aboard and safely embarked all of the migrants…
Fijian dignitaries and troops have formally farewelled Australian Defence Force personnel who have provided humanitarian support and undertaken disaster relief work following Tropical Cyclone Winston.For almost two months ADF personnel have…
Austal USA remains one of the safest shipyards in the country the Shipbuilders Council of America (SCA) announced Mar. 7.Austal’s hard-earned workplace safety record has been recognized, yet again, by the SCA with both the 2015 Award for…
Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…
Seafarers’ House has hired Jennifer Stewart, CFRE, as its new development director. Stewart has more than a dozen years of experience leading development efforts at a number of South Florida-based nonprofit organizations.Stewart comes to Seafarers’ House from the Community Foundation of Broward…
The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a period of weak oil prices. For the 60-year-old American…
U.S. Congressman Ander Crenshaw (R-FL) and MARAD Administrator Chip Jaenichen received maritime leadership awards from the Shipbuilders Council of America (SCA) on April 14, 2016. The awards recognize exemplary individuals from Congress and…
A newly funded professorship in the Naval Architecture and Marine Engineering Department underscores ABS’ commitment to education. ABS has endowed the American Bureau of Shipping Professor of Marine and Offshore Design and Performance position at the University of Michigan…
Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors…
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…
APM Terminals CEO Kim Fejfer addressed the challenges facing port operators in today’s volatile market as well as the requirements for success, calling for investment, consolidation and rationalization in the port industry. “The need for…
Yves Barraquand has been appointed as the new CEO of control, instrumentation and electrical engineering specialist CMR Group. Taking over from Pascal Fouache, who has led the Group since 1991, Barraquand, will lead an organization employing…
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners…