U.S. Treasury Secretary Jack Lew, together with U.S. Sen. Ben Cardin (D- Md.), visited Ellicott Dredges March 9 at the company’s Baltimore plant for a discussion about U.S. export policies, the U.S. Government financing entity Eximbank and infrastructure investment programs…
Former Eni manager Stefano Cao will be appointed chief executive of Italian oil service company Saipem to replace Umberto Vergine at a shareholder meeting in April, two sources close to the matter said.'There's a consensus in the company and government on this position…
An explosion at an oil field in southeastern New Mexico killed one worker and seriously injured another while the men were installing a drilling pipe on Wednesday afternoon, the Lea County undersheriff said on Thursday.The dead man was identified as James Rusty Harrison…
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.The new agreement for about 30…
ExxonMobil announced today that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online.“The Point Thomson field is a vital part of unlocking Alaska’s North Slope gas resources…
Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited. Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised…
The Maritime Administration of Malaysia has authorised IRClass to act as a‘Recognised Security Organisation’ (RSO) towards verification and approval of ship security plans and issuance/ endorsement of International Ship Security Certificates…
For the fourth consecutive year, Holland America Line, together with sister line Seabourn, was named among the World’s Most Ethical Companies by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices…
Committee provides advice on agency’s navigation servicesNOAA administrator Kathryn Sullivan, Ph.D., has appointed six members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for…
Third ocean shipping executive pleads guilty to price fixing on ocean shipping services for cars and trucks An employee of Japan-based Nippon Yusen Kabushiki Kaisha (NYK) pleaded guilty today and was sentenced to 15 months in a U.S. prison for his involvement in a conspiracy to fix prices…
Maritime security experts are gathering this week at Maritime Security 2015 East in Jacksonville, Florida, to exchange information and ideas, as well as learn about and see emerging technologies and operational concepts in action. Presentations were made by speakers from the Navy and Coast Guard…
CEVA Logistics, today announced that it has been recognized as a 'Supplier of the Year' at the General Motors 2014 Supplier of the Year award ceremony in Detroit. GM recognized its top 78 global suppliers – across all areas of its business – at its 5 March awards ceremony…
The former chief executive of Norwegian Cruise Line Holdings Ltd sued Richard Branson's Virgin Group in federal court in Miami for $300 million on Wednesday over plans by the British billionaire to launch his own luxury cruise line. The lawsuit by Colin Veitch…
Karin Orsel, a prominent leader in the shipping industry and President and CEO of MF Shipping Group, will be the keynote speaker at WISTA USA’s tenth annual luncheon, kicking off the Connecticut Maritime Association’s Shipping 2015 conference…
Fugro received a writ of summons from Boskalis to force a shareholder vote at its annual shareholders meeting scheduled for 30th April 2015 on a recommendation in respect of one of Fugro's three protective measures, i.e. the Foundation Continuity Fugro ('Stichting Continuïteit Fugro')…
