Royal Boskalis Westminster N.V. (Boskalis) announced that it has increased its holding in Fugro N.V. to 20.01%, stressing that the move is not a step towards making an offer. Boskalis said views Fugro as “an interesting company with strong market positions in its core activities…
Nordic American Tankers Limited (NAT) - Declaration of dividend for the 70th consecutive quarter. The first time was in October 1997.The Board of Nordic American Tankers Limited has declared a cash dividend of $0.22 per share for 4Q2014…
Michael McNamara has been appointed as Managing Director for the Americas for Veritas Petroleum Services (VPS). McNamara, who holds an MBA in international business and finance from Oklahoma City University, is an experienced executive with…
Victor Mooney has announced that he'll continue his transatlantic row in tribute for his brother who died of AIDS in 1983 and to encourage voluntary HIV testing. Mooney was robbed while heading home late last year after rowing across the Atlantic Ocean…
The London-headquartered St Kitts & Nevis International Ship Registry (SKANReg) is set for major expansion of its commercial and pleasure yacht fleet following the launch of a national yachting policy by the government of the twin-island federation…
Russia’s renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. Various industry ministries have been charged with analysing industry prospects until 2030…
At 2:10 a.m. Jan. 3, 2015, while en route to Oranjestad, Aruba, Holland America Line’s ms Zuiderdam answered a distress call from the Bahamian inter-island vessel Excalibur that was sinking with eight crewmembers onboard. Zuiderdam was approximately…
TRIYARDS Holdings Limited an offshore vessel fabrication and engineering solutions provider to the oil, gas (O&G) and marine industry, started the year on a promising note, armed with US$75.4 million in new liftboat orders.The latest liftboat contracts not only add to its orderbook…
PSA Marine Qalhat SAOC (PSAMQ), a joint venture company formed between PSA Marine (Pte) Ltd (PSA Marine) and Golden Dunes International LLC (GDI), will commence towage operations for Oman LNG LLC (OLNG) in Sur, Oman on 11 January 2015. The contract will be for a period of 10 years…
Matson reports higher than expected 4Q14 ocean transportation operating income; preliminary full year 2015 outlook expected to be flat to modestly higher than 2014 levels Matson, Inc. said it holds a higher operating income outlook for the fourth quarter 2014…
ALMACO Group Offshore Division Receives ISO 14001 and OHSAS 18001 Certifications ALMACO Group has received multi-site certifications for ISO 14001:2004, for implementation of Environmental Management Systems (EMS), and OHSAS 18001:2007,…
John C. Daidola has joined Webb Institute as Assistant Professor of Structural Engineering. Dr. Daidola is a structural engineer with over forty-years of experience. His early experience was as Design Engineer at Newport News Shipbuilding…
The Thome Group has announced the appointment of a new Chief Executive Officer, Olav Magnus Nortun, who will take up the position on 1st April, 2015.Mr Nortun, a Norwegian national, brings with him vast experience in the maritime industry…
International Container Terminal Services Inc. (ICTSI) has announced the appointment of Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd., the company said in its press release…
Inchcape Shipping Services (ISS) the world-leading marine, cargo and supply chain solutions provider has announced another key hire to its African regional management team as the company gears up for ambitious growth across the region in 2015…