The Bomin Group, a global physical supplier and trader of marine fuel oil, announced a number of appointments within its leadership team in order to create a solid foundation for further growth in the coming years. Effective April 1, 2016…
Further expected container shipping liner losses throughout the first half of 2016, exacerbated by the awful prevailing spot and contract freight rates will lead to a major trigger point at some stage later this year. This will happen either…
Following the announcement on 12 February 2016 that Lewis Booth would step down as Senior Independent Director once a successor had been identified, Rolls-Royce Holdings Plc has announced the appointment of Sir Kevin Smith as Senior Independent Director…
Subsea services provider to the oil and gas industry Bibby Offshore (BOUK) has secured a multimillion pound contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
Johan Sverdrup is by far the largest ongoing project on the Norwegian Continental Shelf for the next few years. Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by…
Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million…
Seagull Oil & Gas has launched the most cost efficient and comprehensive e-learning training package in the industry for offshore personnel working in explosive atmospheres.Building on International Electrotechnical Commission (IEC) standards…
Royal Boskalis Westminster N.V. (Boskalis) has concluded the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The transaction price of EUR 70 million has been financed from Boskalis' own cash.With the transaction Boskalis acquires the equipment…
Nadir B. Godrej, MD of Godrej Industries Ltd., was conferred the Lifetime Achievement Award by the All India Liquid Bulk Importers and Exporters Association (AILBIEA) during its 15th Anniversary celebration held on 1st April 2016 in Mumbai. AILBIEA…
The crew of the Coast Guard Cutter Charles Sexton, a 154-foot fast response cutter, repatriated 10 Cuban migrants to Bahia de Cabañas, Cuba, Friday.These repatriations are a result of two separate migrant interdictions at sea within the last week in the south Florida Straits…
Harrington Hoists, Inc. announced that Edward (Ned) Hunter will take on the role of executive vice president and senior executive officer of Harrington’s parent company, KITO Corporation, and Carlo Lonardi has been promoted to president of Harrington Hoists…
V.Ships, part of the V.Group, has entered into a partnership with Empros Lines to create a dedicated bulk carrier management cell in Greece. The cell will be staffed by the Empros’ technical team and hosted in the Piraeus office of V.Ships Greece…
A new CIMAC Board is due to come into force at the completion of the CIMAC World Congress in Helsinki in June 2016 for the customary three-year tenure, 2016-2019. The new CIMAC Board will have Klaus Heim, Chief Technical Officer of OMT S…
‘Next Generation Marine Power & Propulsion’ is a fast moving networking event that focuses on viable solutions for vessels of all sizes. More than 20 expert speakers will highlight a range of unique opportunities. The program covers three phases…
Bernhard Schulte Shipmanagement (BSM) is further expanding the scope of ship management services it offers with the addition of two new service offerings – Lay-up Services and Green Recycling.Both services have been developed to meet changing…