Rolls-Royce's new chief executive aims to strip out costs and complexity, rather than selling off chunks of the business, as he seeks to return the British engine company to growth. After four profit warnings in just over a year, and with an activist shareholder pushing for change…
Konstantin Palnikov, Director General of Russian Maritime Register of Shipping, met Robert Ashdown, Secretary General of International Association of Classification Societies (IACS), Tuesday in St. Petersburg.The visit was organized within…
The United Nations (UNFCCC) has published a Synthesis Report analyzing the impact of the pledges made by 146 nations to reduce CO2 emissions in advance of next week’s Climate Change Conference in Paris. The International Chamber of Shipping…
MAN Diesel & Turbo’s executive board has appointed Per Rud as the new head of PrimeServ Diesel. Rud will assume his new role on January 1, 2016 and takes over from Wayne Jones, who will join the executive board as the new chief sales officer…
Bureau of Safety and Environmental Enforcement (BSEE) staff participated in a workgroup meeting at the bureau's Ohmsett facility in Leonardo, N.J., as part of the workgroup’s efforts to define Technology Readiness Levels for use in the oil spill response community…
Mayor Eric Garcetti and U.S. Navy officials announced today that Los Angeles has been selected as an official Fleet Week market for the U.S. Navy, beginning in 2016. LA Fleet Week will run through Labor Day, with active military ships beginning…
Mumbai and Nhava-Sheva Ship-Agents Association (MANSA) and Narottam Morarjee Institute of shipping (NMIS) signed a Memorandum of Understanding for lauching a facility for training employees as well as aspirants in the shipping trade as a Corporate Social Objective…
The last commercial shipyard on the Clyde, Scotland, has secured grant to help safeguard 125 jobs and create a further 100. Ferguson shipyard has been awarded a £1m grant to refurbish its Port Glasgow premises and help fund new jobs. Ferguson…
Greece-based Eastern Mediterranean Maritime Limited (EASTMED), a shipping operator servicing the energy, industrial and agricultural sectors, has chosen to install Marlink’s global VSAT (Very Small Aperture Terminal) communication solution with L-band back-up on 20 tankers and bulkers…
Adding to its leadership team, oilfield service provider Danos has promoted James Callahan, Mark Danos, Stacey Gisclair and Reed Peré to executive roles within the company. As vice president of finance, James Callahan is responsible for…
Press release - The ITF Seafarers’ Trust is launching an enhanced version of its free Shore Leave app – the first app designed to help seafarers looking for reliable transport when in port. Shore Leave only needs to be downloaded once, and after…
Aiming to help accommodate unseasonably high demand, the Panama Canal Authority (ACP) announced it has taken a number of steps to expedite traffic and decrease Canal Waters Time (CWT). The ACP has postponed noncritical maintenance work…
Black Elk Energy Offshore Operations LLC, Grand Isle Shipyards Inc., Wood Group PSN Inc., as well as Don Moss, 46, of Groves, Texas, Curtis Dantin, 50, of Cut-Off, La., and Christopher Srubar, 40, of Destrehan, La., have been charged with crimes…
Global energy, maritime, construction and mining recruitment provider Worldwide Recruitment Solutions (WRS) have launched a Managed Services product across all its divisions. WRS' specialist Marine division has won a contract with a major…
Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference. In his speech to the Norwegian Prime Minister and other guests at the annual Autumn Conference…
