Moses Kirkconnell, the Cayman Islands’ minister of tourism said that future off-shore tendering of cruise ships is out of the question in lieu of building a $150 million cruise pier and terminal in the Cayman Islands. Given that in 2014…
Maersk Oil, part of Danish conglomerate A.P. Møller-Maersk A/S, will cut 10% to 12% of its workforce as part of a plan to reduce operating costs by a fifth by the end of next year, amid weak oil prices. The oil business of Danish conglomerate sets to cut 1…
GTT, a the designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announces that its Board of Directors met on October 14 and appointed two new members, Andrew Jamieson and, following the proposal of ENGIE…
Integrated subsea and offshore solution provider Unique Group informs it has acquired Oceanwide Safety at Sea.Founded in 2002, Oceanwide designs, constructs and performs maintenance on self-propelled hyperbaric lifeboats. The company will…
Marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has won a new contract with MSI Ship Management Pte Ltd to provide crew logistics services (CLS) across the globe.Under the new contract, MSI Ship Management will assign numerous vessels including bulk carriers…
Ardmore Shipping COO to take over as head of International Parcel Tanker Association from October 2015 Ardmore Shipping Corporation’s chief operating officer, Mark Cameron, has been appointed chairman of the International Parcel Tanker Association (IPTA)…
FSL Trust Management Pte. Ltd. (FSLTM), as the trustee-manager of First Ship Lease Trust (FSL Trust), announced that FSL Trust has entered into a memorandum of agreement to purchase a 2007, Japanese-built, 45,998-dwt MR product tanker for $21…
Emco Wheaton, a manufacturer and supplier of equipment for liquid, gas and dry bulk products, has announced two additions to the Americas sales team with Holly Damude taking on the role of DRY-BREAK Product Specialist and Eric Rodriguez appointed as Territory Sales Manager…
Global oil sector has cut 200,000 jobs in downturn.Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades…
The Coast Guard is responding to a report of a discharge of an unknown substance from the site of a sunken barge near Kelley's Island Shoal in Lake Erie, Sunday.Due to the report, the Coast Guard has established a safety zone 3 nautical miles east of Kelley's Island Shoal extending 1…
Wärtsilä launches an innovation contest, Wärtsilä Marine Mastermind, aimed at start-up companies and entrepreneurs, in connection with the start-up event Slush. The purpose of the contest is to find new and unique digital services for the marine industry…
GAC is showcasing its full range of ship agency and related services for gas carriers at the Gastech, where GAC’s groundbreaking ‘HullWiper’ ROV system will also be on display. Launched in late 2013, the HullWiper Remotely Operated Vehicle (ROV) system offers an eco-friendly…
The Commission voted at its meeting 22nd October to issue a final rule on ocean transportation intermediary (OTI) licensing and financial responsibility requirements, and directed staff to prepare an advanced notice of proposed rulemaking…
UK headquartered shipbroker Century Marine Services has been the victim of a sophisticated fraud by a Dubai based firm calling itself Matin Marine Services. Despite having no business relationship with Century Marine Services, Matin Marine…
Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., Presented a paper at the Nautical Institute Hong Kong Branch Seminar – “Competencies of a Future Mariner” on 23 October 2015. Following is the extract…