Mitsui O.S.K. Lines, Nippon Yusen Kaisha, “K” Line, Hanjin, Hapag-Lloyd and Yang Ming to create a new partnership “THE Alliance”Tokyo, May 13, 2016 - Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda), Nippon Yusen Kaisha, “K” Line…
* 402MW project co-developed by Masdar, Statoil and Statkraft expected to start commercial operations by the second half of 2017 * First offshore wind project developed with United Kingdom's CfD incentive scheme to reach financial close…
Antarctic season ends in the homeport after half a year Bremerhaven / Germany, 11 May 2016. on Wednesday, 11 May 2016, the research vessel Polarstern is expected back in its home port of Bremerhaven after a good six months of Antarctic expeditions…
The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are responding to a two mile by thirteen mile sheen in the Gulf of Mexico, approximately 97 miles south of Port Fourchon, LA.The offshore oil and gas operator…
The FY ’17 Energy & Water Development (E&WD) and Related Agencies appropriations bill has been approved by the U.S. Senate in a 90-8 vote, significantly increasing funding in Fiscal Year 2017 for the U.S. Army Corps of Engineers’ Civil Works Program…
Five oil product traders have resigned from Noble Group, Asia's biggest commodity trader by revenue, some of whom are moving to rival trader Glencore, sources with knowledge of the issue said. Three of Noble's London-based gasoline traders are joining Glencore…
The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry…
Presenting its financial results for the first quarter ended 31 March 2016 today Vard Holdings Limited announced a net profit of NOK 43 million for the period, as compared to a loss of NOK 226 million a year back. Over the past quarter,…
Direct ChassisLink, Inc. (DCLI) announced that Debbie Cohen has joined the company as Vice President of Sales - Steamship Lines, reporting to CMO Jeremy Haycock. As Vice President, Sales – Steamship Lines, Cohen will head up the Steamship Line Vertical…
BIMCO’s Documentary Committee, who met in Copenhagen yesterday, have agreed that all new and revised BIMCO charter parties and bills of lading will now refer to general average being adjusted in accordance with the new York-Antwerp Rules (YAR) 2016…
VGM Generation services will be offered to enable supply chain partners to comply with new IMO SOLAS regulations The Hague, Netherlands - With just 50 days until SOLAS Verified Gross Mass (VGM) comes into force APM Terminals is taking the…
3sun Group, a specialist provider of products and services to the global energy industry, today opens a new base in Hull which aims to provide up to 50 jobs locally. The expansion strengthens the Group’s strategy to become a leading supplier of installation…
Disciplined underwriting delivers another successful year London, 11 May 2016 – The UK P&I Club (“The UK Club”), one of the leading shipping protection and indemnity mutual insurers, announces its financial results for the year ended 20 February 2016…
Diversified Port Holdings (“DPH”) announces the acquisition of Liberty Terminals based in Savannah, Georgia with additional operations in Charleston, South Carolina. Liberty Terminals will operate as Seaonus Stevedoring-Savannah LLC. The acquisition aligns Liberty and Seaonus’s vision…
Eastern Shipbuilding Group, Inc. launched the Escort Tug OCEANUS for Suderman & Young Towing Company on April 26, 2016. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s Nelson Street facility…