Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based revenue…
Keppel Corp., the world’s largest builder of oil rigs, posted a 41 per cent fall in quarterly profit, its fourth straight decline, as offshore and marine segment revenue slumped because of the deferment of some projects and suspension of contracts related to Sete Brasil…
Mitsui O.S.K. Lines, Ltd. (MOL) has launched a charity donation drive within the MOL Group to help people afflicted by the recent earthquake in the Kumamoto region. The company has also decided to donate ¥10 million to support and rescue the afflicted people…
Agreement to promote mutual understanding renews a bilateral commitment to academic and educational cooperation The Institute of Chartered Shipbrokers, the maritime industry’s only body dedicated to professional education, has signed a…
UTEC Survey, an Acteon company, has announced the strengthening of its management team in Australia to further enhance the company’s client-focused approach.Former UTEC Survey Australia Operations Manager Mick Elmslie has taken on the role of Business Development Manager…
With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean. For over two decades, the company has operated two offices in Norfolk…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has extended its physical supply services to provide additional options for ship owners in the port of Esbjerg in Denmark.KPI Bridge…
Zephyr Maritime has been launched as a new executive search firm focusing solely on mid to senior level shore based appointments within the maritime industry.Behind the initiative is founder Alexander G. Tsavliris, who with four generations…
Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI…
European Marine Engineering Award 2016 for Azipod D recognizes innovation and originality in auxiliary machineryPower and automation technology group ABB has won a European Marine Engineering Award, acknowledging the innovation behind the new Azipod D electric propulsion solution…
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…
