Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed.In their announcement Standard & Poor’s note:• the Club’s risk-based capital is expected to remain extremely strong…
The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020…
A marked drop in Asian imports to Europe, made worse by a strong dollar, has exacerbated the pressure on shipping lines already struggling with massive over capacity, Arabian Supply Chain quotes United Arab Shipping Company (UASC) as saying…
Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015.Lamin was born and raised in a multilingual family in Denmark and has been working in the transportation/logistics industry for the past many years.
There are various hazards associated with the trade in coal. UK P&I Club’s Loss Prevention Team highlights the risks involved, and advises on the relevant actions to take in order to reduce accidents. Self-heating incidents involving…
Lack of properly assessed and defined wear limits for jacking systems can lead to significant downtimes with financial implications for jackup operations. DNV GL, supported by leading global industry players in the jackup industry, has established a joint industry project (JIP)…
Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation.The three…
Seagull Maritime has launched an advanced software tool able to benchmark seafarer knowledge levels, allowing shipowners and operators to compare their crew and potential recruits with industry peers. The new tool will provide shipping companies…
The 72nd Governing Council meeting of the Institute of Marine Engineers (India) was held November 14 and 15, 2015 at the IMEI House, Navi Mumbai, chaired by IMEI President Dilip Mehrotra. Besides conducting routine business, several decisions…
SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market. According to SSI, the hiring is intended to meet the expanding demand for SSI's design and manufacturing solutions in the shipbuilding and offshore industries…
Great Lakes Maritime Academy (GLMA) Cadet Michael Atwell was awarded Crowley Maritime Corporation’s a Thomas B. Crowley, Sr. Memorial Scholarship. He earned the scholarship based on his strong academic record, leadership ability and financial need…
Ardmore Shipping Corporation announced it has opened a new commercial office in Singapore as the company eyes expansion for its Asian and Middle Eastern operations. The firm also added Celio Wakamatsu as Chartering Manager and Retno Muninggar as Voyage Manager…
OG21 today received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea. New licenses are due to be awarded in this area as part of the Norwegian 23rd licensing round…
The exhibition 'The attraction of the North' opens in Murmansk, in the framework of the presentation of the VIII International festival of documentary films and television programs 'Northern Character'.Visitors can see photos taken during the high-latitude expeditions 1929-1940 years…
Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian markets…
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