Korean Register (KR) - an IACS member classification society – was selected as the very first recipient of the new ‘K-Award’ launched at the KORMARINE Conference 2015 in Korea.The ‘K-Award’ recognizes organizations or individuals for their…
Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters…
Novatek, Russia's No.2 gas producer, will stick to plans to raise financing for its Yamal LNG project by the end of the year, Chief Executive Leonid Mikhelson was quoted as saying by Russian news agencies on Thursday.Russian banking sources…
The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd…
In an industry first, the Miami-based Carnival Corp. will develop a multi-ship domestic Chinese cruise brand with Chinese partners. Carnival, the world’s largest cruise company, formed a joint venture with China State Shipbuilding Corp…
Shipping rates in New Zealand waters have become 'unsustainably low' in the wake of supply chain agreements such as between Kotahi and Port of Tauranga, NBR reports as South Port New Zealand chairman Rex Chapman saying. The company's…
WAGO has announced the appointment of industry veteran Juliano Matias, to the position of National Sales Manager for Canada.Matias brings a wealth of knowledge, deep-domain relationships and business development expertise to WAGO’s growing Canadian sales team…
Braemar (incorporating The Salvage Association) has appointed Brian Armour as Senior Maritime Civil Engineer within its Ports & Harbours division.Brian will be based in the Singapore office and has many years’ experience in the design, analysis…
In a bid to prepare for the lift of economic sanctions placed on the country, Iran has unveiled a $120 billion fleet expansion campaign. Mohammad Saeidi, Head of the Islamic Republic of Iran Shipping Lines (IRISL), said that the company seeks to purchase 579…
EMC has appointed several established executives to its global leadership team to further enhance its delivery of mission-critical communications and content to top organizations around the world.EMC has appointed Tom Severson as chief financial officer (CFO)…
GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…
In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport…
Dryad Maritime released its Q3 trends and analysis of global maritime crime showing a stark rise of 38% of incidents across Southeast Asia, when figures are compared to the first nine months of 2014. The apparent impunity of maritime gangs operating…
The WTO received the 50th ratification of the Trade Facilitation Agreement (TFA) after the former Yugoslav Republic of Macedonia deposited its instrument of acceptance on 19 October.Concluded at the WTO’s 2013 Bali Ministerial Conference…
Compromising the cyber integrity of the network threatens every user and every system on your ship or in your building. Violating security best practices, circumventing security policies, carelessness and falling victim to social networking…
