Singapore-based dry bulk operator Pioneer Marine posted a loss of $80.6m for the fourth quarter, and a yearly loss of $96.9m for 2015. Excluding the effect of the impairment loss, net loss as adjusted would have been $22.5 million for the year ended December 31…
Sima Marine, a subsidiary of Dubai-based Simatech Shipping, one of the largest container feeder servicing companies in the world operating 54 ships, has launched coastal container shipping services in India. The coastal container shipping…
A Coast Guard aircrew rescued two distressed surfers near Trinidad Saturday afternoon.At approximately 4:30 p.m., watchstanders at Coast Guard Sector Humboldt Bay received a call from a person ashore stating his friends needed assistance and were stranded on Camel Rock…
After five successful narcotic seizures in the Middle East and 203 days away from home, Royal Australian Navy frigate, HMAS Melbourne was welcomed back to her homeport of Sydney today. Around one thousand family and friends joined the Minister for Defence…
Sound Energy, the Mediterranean focused upstream gas company, announced that its registered office has changed, with immediate effect, to 4a Brewery Lane, Blighs Meadow, Sevenoaks, TN13 1DF.
Team Tankers International (TTI) completed the acquisition of the ‘Sichem Amethyst’ and ‘Sichem Contester’, previously on timecharter in the Q4 2015. In addition, two of the company's older and smaller ships were sold. To continue to build up its European regional stainless steel fleet…
Coast Guard Foundation’s March 4 event to recognize heroism and mission excellence The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced today the…
Major global independent common carrier, X-Press Feeders and Bibby Ship Management have put training at the forefront of their investment into the next generation of highly trained and capable crew, by enrolling a group of young aspiring seafarers…
The Coast Guard declared Carteret County an official Coast Guard Community Thursday during a ceremony at Crystal Coast Civic Center in Morehead City.Rear Adm. Stephen Metruck, 5th District commander, presented Robin Comer, Carteret County Commissioner…
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Juinchiro Ikeda) today announced plans to establish two new business units — the Dry Bulk Business Unit and the Energy Transport Business Unit and restructure its dry bulk business divisions — effective April 1…
Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, said the final quarter of 2015 was the year’s strongest in operational terms, but warned that 2016 would be tough and said it was working to strengthen its finances…
Engineering information management company Datum360 has announced the appointment of Matt McKinley to the role of Global Vice President of Business Development. With prior leadership experience at several major engineering software vendors…
Crowley Maritime Corporation awarded $2,500 Thomas B. Crowley Sr. Memorial Scholarships to University of North Florida (UNF) students Camilo Garcia and Danijel Hadziavdic at a scholarship luncheon yesterday. Crowley’s Katy Keene, manager of employee programs and Angela Urso…
John K. DeCrosta will serve as the Federal Maritime Commission’s (FMC) Senior Advisor for Legislative and Public Affairs, announced FMC Chairman Mario Cordero. The position reports directly to the Chairman and coordinates all legislative and public affairs activities throughout the Commission…
The boards of the Britannia Club and the UK P&I Club announced today that the two groups are in merger discussions. The boards of the Clubs will now begin a process to determine whether the merger is possible and delivers appropriate benefit to their respective Memberships…
