A Brazilian judge sentenced the former head of state-run oil company Petrobras' international division to 12 years and two months in jail for corruption and money laundering on Monday, part of the country's largest-ever graft investigation. Federal…
The Institute of Marine Engineering Science & Technology (IMarEST) has launched a campaign aimed at supporting seafarers in developing skills and demonstrating competencies. The campaign raises awareness of options available to seafarers…
Fitch Ratings today announced the appointment of Ian Dixon as Managing Director and Analytical Head of the EMEA Infrastructure & Project Finance Group. Dixon will join Fitch Ratings on February 10, based in London. In this role, Dixon will oversee ratings coverage of the energy…
There are questions whether the low oil price is benefiting South Africa. ICE Brent spot price is trading around $30, the lowest level in 12 years, seen in the context of market surplus. The December meeting in which OPEC failed to set a total…
Transnet Capital Projects (TCP) – which is overseeing Transnet National Ports Authority’s project to reconstruct the quay walls and deepen berths at Maydon Wharf – recently achieved a safety milestone of 1,000,000 man hours without a lost time…
Marine geophysical company Polarcus announced it will implement further measures to cut costs, including additional headcount reductions and changes to the executive management team. The expanded cost reductions are part of a longer term…
For the first time after the end of the trade sanctions, Iran will be represented by a national pavilion at international maritime trade fair SMM Hamburg. “An industry fair is a great platform for building new relationships and getting to know each other…
More than 100 students crossed the stage to receive their degrees at State University of New York Maritime College Jan. 29. Graduates represent 15 fields of study, a quarter of them at the graduate level. More than 60 of them will also graduate with U…
The transitional period for the 2010 amendments to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW 2010) comes to an end on 1 January 2017. To prevent last minute certification ‘logjams’…
Global law firm Reed Smith has announced the arrival of market-leading admiralty and casualty response lawyer, Richard Lovell, as a partner in the firm’s Singapore office. Richard joins Reed Smith from Ince & Co, where he was head of shipping and managing partner of the firm’s Singapore office…
Malaysian Bulk Carriers Bhd (Maybulk) is forecasting significant losses for the fourth quarter of 2015 and the financial year ended December 31, 2015 amid depressed market condition. Maybulk, which operates the country’s largest fleet of dry bulk vessels used for international shipping…
Ecochlor signed an agreement with Drew Marine to assist them in providing logistics support for the resupply of their BWTS precursor chemicals at selected ports and harbors globally. In addition, Drew Marine will provide chemical storage at designated ports…
Maritime forces from Eastern Africa, Western Indian Ocean island nations, Europe and the United States, as well as several international organizations began the fifth iteration of the multinational maritime exercise Cutlass Express, Jan. 30…
Williams and GAC Pindar claim record sixth World Match Racing Tour title after Monsoon Cup victoryJohor, Malaysia – GAC Pindar skipper Ian Williams has today entered the record books as the first to win sailing’s World Match Racing Tour title six times…
Taicang Container Lines Co. Ltd has rolled out the first direct container shipping line linking China's Yangtze River basin and Southeast Asia, reports Xinhua. The container ship departs once a week from and arrives at Taicang Port in east China's Jiangsu Province…
