The UK P&I Club announced the appointment of Mr Lee Wai Pong, who is joining the UK P&I Club in Singapore as a Regional Advisor. Wai Pong is a qualified Master Mariner, a retired Commanding Officer (Reservist) from the Republic of Singapore Navy…
Research reveals 86% of respondents expect oilfield services M&A to increase in the next 12 months, 30% anticipating major surgeA desire to capitalize on distressed situations, grow international market share and acquire new technology will…
Maritime employers and seafarers’ unions have joined forces to publish new international ‘Guidance on Eliminating Shipboard Harassment and Bullying’.The new Guidelines, developed by the International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF)…
ABS, a leading provider of classification and technical services to the global marine and offshore industries, announces the realignment of its Americas Division operations to create two new regions – Canada and Mexico, Central America and the Caribbean…
An agreement has been signed between Wärtsilä and Cavotec to jointly develop the world's first combined induction charging and automatic mooring concept.Wärtsilä has developed a wireless charging system based on inductive power transfer…
Following the allegations made on December 17, 2015 by the Brazilian Public Prosecutor's Office (Ministério Público Federal - 'MPF') regarding SBM Offshore's CEO, Mr. Bruno Chabas, and a member of the Company's Supervisory Board, Mr. Sietze Hepkema…
A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published today by DNV GL…
Keppel plans to consolidate its interests in business trust, REIT and fund management under Keppel Capital and grow its asset management business.In a major restructuring exercise to grow the contribution from its Investment Division, Keppel…
U.S. Secretary of State John Kerry is pressing for peaceful resolutions to increasingly tense maritime disputes in Asia, reports AP. Kerry arrived in the Laotian capital Sunday and will travel to China late Tuesday for meetings with Chinese President Xi Jinping…
Thirteen people died on Saturday after a small tourist boat sank amid strong winds off a remote island in the Caribbean sea, Nicaraguan government spokeswoman Rosario Murillo said.The victims, all from Costa Rica, died when the 'Caribbean Queen' sank near Little Corn Island…
The 4th Edition of Oil Spill India (OSI) 2016 is all set to be launched at the JW Marriot Sahar, Mumbai. Keeping with the current trend and the government policy of 'Make in India' the theme selected for this two-day event scheduled for 11th and 12th August 2016 is 'Commitment…
The Port of Indiana-Mount Vernon set a new annual shipping record in 2015 by handling over 6.6 million tons for the first time in its 40-year history. This was a 36-percent increase over 2014 and 30 percent higher than the previous record set in 1994…
On Thursday, January 20, 2016, the Port of Palm Beach Board of Commissioners elected its new Chairman, Mr. Wayne M. Richards. Richards, a member of the board for 16 years, is known for keeping a strong focus on fiscal responsibility and bringing new…
Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for Sete Brasil with the Brazilian company not making payments in over a year. Keppel’s profit was S$481 million for the full year…
Höegh LNG Partners LP announced that its board of directors (the 'Board') has declared a quarterly cash distribution with respect to the quarter ended December 31, 2015 of $0.4125 per unit. This represents an increase of $0.075 per unit…
