Norwegian marine insurer Skuld delivered a result of USD 20 million in the first nine months of the year, a USD 5 million increase from the same period last year. Overcapacity is still putting pressure on premium levels, says CEO. Skuld…
GTT grants a License Agreement to Cochin Shipyard Ltd. for the construction of LNG carriers GTT (Gaztransport & Technigaz) announced it has granted a License Agreement to Cochin Shipyard Ltd. (CSL) for the construction of LNG carriers using GTT's membrane containment systems…
The divestment, which excludes the government satellite communication business, is part of the Airbus Defence and Space strategy announced in September 2014 [Press Release] Airbus Group SE (AIR) signed with French private equity firm, Apax Partners…
Global maritime welfare charity The Mission to Seafarers outlines emergency support work with surviving crew members of the Thorco Cloud – a general cargo vessel which sank in the Singapore Strait after a collision on December 16. The other vessel involved…
James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…
Bernhard Schulte Shipmanagement (BSM) announced the opening of its new mooring station training facility, designed to provide seafarers and cadets with experience of this crucial and potentially hazardous area of operations. The facility is based at Subic Bay in the Philippines…
Mitsui O.S.K. Lines, Ltd. (MOL) announced that it held a charity event in the company’s Head Office cafeteria to help the World Food Program (WFP)’s school feeding program.The WFP, which is part of the United Nations system and the world's…
In line with the Company's strategy to acquire companies or businesses in the healthcare sector, Fastnet has appointed Mr. Harry Stratford as a Non-Executive Director with immediate effect. Harry has over 40 years' experience in the pharmaceutical…
Dozens of people with life jackets were found floating in Indonesia's Gulf of Bone on Sunday, some clinging to a fish trap, after abandoning their ferry in rough seas off Sulawesi Island, said officials, adding that two passengers had died…
Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…
International dry bulk shipowners seem only to scrap ships aged 18 years or older. While a couple of Chinese owners have scrapped ships that were even younger than that. 19 ships out of 28 ships built in 1998 to 1999 and demolished between…
The meeting of the Scientific and Technical Council (STC) Presidium of Russian Maritime Register of Shipping (RS) was held on 15 December 2015.The STC is one of the crucial components to ensure the RS activity on rendering the wide range…
Shipbuilder Austal on Wednesday welcomed the Australian Minister for Defense, Senator Marise Payne, to Austal’s Western Australian shipyard for a look at the company’s naval vessel design, construction and sustainment capabilities. The Defense Minister’s delegation…
Tracey Haslam, president of Harris CapRock Communications, has been elected to serve on the Global VSAT Forum’s (GVF) Board of Directors. The GVF Board leads the association as it continues to create greater awareness of the commercial, economic…
A Nautical SoleMr. Sam is many things. He’s forever a Coast Guard chief, a cutterman by trade and a chief warrant officer by choice, but above all he’s a shipmate for life. Known by those who work with him as Mr. Sam, Chief Warrant Officer…
