Stefanos Kazantzis, Financial Advisor of McQuilling Services Marine in an interveiw discusses the recent upswing in VLCC asset prices and current developments in the asset markets. Excerpts:About Asset Contango:Asset Contango is a situation…
The State University of New York Maritime College will hold its May Commencement Ceremony on Friday, May 9, 2014 at 11 a.m., in the St. Mary’s Pentagon, Fort Schuyler, on the SUNY Maritime campus.Dr. Michael A. Cappeto, Interim President of the Maritime College…
Congressmen Jim Sensenbrenner (R-Wis.) and Rick Larsen (D-Wash.) introduced a bill to amend the State Department Basic Authorities Act of 1956 to establish a United States Ambassador at Large for Arctic Affairs. Currently, 20 government agencies are handling Arctic policy…
The State University of New York (SUNY) Maritime College said it will honor two industry leaders at its annual Admiral’s Scholarship Dinner on Tuesday, May 6. The dinner will begin at 5:30 p.m. in Vander Clute Hall on the SUNY Maritime College campus…
The State University of New York (SUNY) Maritime College announced Friday that two student cadets, Julia Paxton of Sebastopol, California, and Brandon Baranyar of Fairfield, Connecticut, have been selected as recipients of the 2014 SUNY Chancellor’s Award for Student Excellence…
The U.S. Coast Guard, along with the National Oceanic and Atmospheric Administration and the U.S. Army Corps of Engineers, will hold nationwide public discussions on navigational aid technology and how it will affect the future of America's waterways…
The Shipping Professional Network in London (SPNL) hosted its first event of 2014, sponsored by Norton Rose Fulbright and BIMCO, held at the Norton Rose Fulbright offices in London. John Denholm (President of BIMCO & Chairman and Chief Executive…
Mikhail Ulyanov, an ice-breaking shuttle tanker (ice class – ARC6) belonging to OAO Sovcomflot (SCF Group), has been the subject of a Greenpeace protest, while at the Port of Rotterdam carrying a cargo of 67,000 tons of crude oil, loaded on the continental shelf of the Pechora Sea…
The Ancient Mariner title established in 1978 recognizes the officer and enlisted person with the earliest designation as a permanent cutterman and requires a minimum of ten years of sea time. A change-of-watch ceremony for the U.S. Coast Guard…
Following the 151st Annual Meeting of Members and of the Board of Directors ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills…
Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel…
New Jersey Governor Chris Christie said on Tuesday he has tapped former state Attorney General John Degnan to chair the board of the embattled Port Authority of New York and New Jersey.The board's former chairman, David Samson, resigned…
Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…
Anne Brengle, president of the Coast Guard Foundation, presented the check to Rear Adm. Fred Midgette, commander of the Coast Guard 9th District at a ceremony in Cleveland.The presentation of the check was held at the Great Lakes Science Center in Cleveland…
Wesley D. Wheeler passed away on April 18 in Stamford, Connecticut. He was 80 years old. He was laid to rest in Cyprus Hills Cemetery in Brooklyn, N.Y.Wheeler was an active member of the marine community for 60 years. He lived and worked…
