NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
The Transportation Safety Board of Canada (TSB) is deploying a team of investigators following the girding and sinking of the tug Sea Imp X in the North Arm of the Fraser River, British Columbia. The occurrence took place yesterday at approximately 20:00 PDT…
Maritime activities have become one of the major and accelerating driving forces of this world and the main lever of European economic growth, thanks to the boom of traditional fields such as maritime transportation, fisheries, offshore oil & gas…
Following a distinguished career in which he built and strengthened Caterpillar’s Global Mining business, Caterpillar announced the retirement of Chris Curfman, vice president with responsibility for the Mining Sales & Support Division. Curfman’s retirement will be effective December 31…
Oilfield services provider Halliburton Co has agreed to pay $18.3 million total to over 1,000 U.S. employees in pending overtime wages, the U.S. Labor Department said. Halliburton, which was investigated as part of a multi-year compliance…
An Indonesian flagged general cargo ship has been banned from entering or using any port in Australia for three months. The vessel Noah Satu (IMO9313620) has been issued with a direction not to enter or use any port in Australia for three…
Halliburton Co, the world's No. 2 oilfield services provider, said on Monday it has laid off staff in Williston, North Dakota, blaming plunging crude oil prices.The company provided no details on the number of employees affected.'Halliburton…
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the…
Swire Pacific Offshore (SPO) announces a change in leadership with the appointment of a new Managing Director in Singapore. Mr Ron Mathison has taken over the helm as the new Managing Director on Monday, 21st September 2015. Mr Mathison…
The Nautical Institute’s latest book looks at major casualties and the lessons that can be learned, setting out good practice to avoid them in future. The book, launched yesterday (Monday), examines nearly 30 casualties and the problems of fatigue…
U.S. liquefied natural gas (LNG) exporter Cheniere Energy announced on Monday a deal to sell up to 24 cargoes to French energy giant EDF from 2017 through 2018.Under the deal, the sales price of the shipments will be linked to the Title Transfer Facility (TTF) in the Netherlands…
The USCG has poised e-logs and SaaS to transform U.S.-flagged shipboard recordkeeping.By Dean Shoultz, CTO, MarineCFOThe United States Coast Guard frequently appears behind the times when it comes to rulemaking involving shipboard technological advances…
Norwegian oil and gas firm Statoil plans to have 20 percent fewer employees by end-2016 compared to the beginning of 2015, its chief executive said on Monday.'Suppliers have to take their responsibility to cut costs. We are also taking our part in the restructuring…
The inaugural bilateral maritime exercise between India and Australia, AUSINDEX15, has concluded in Visakhapatnam, India. The activity brought together ships and aircraft from both countries to strengthen defence co-operation under the…
Crowley Maritime Corporation recently participated as one of several Gas Technology Institute (GTI) funding collaborators to bring liquefied natural gas (LNG) awareness training to 150 stakeholders and first responders in Jacksonville.GTI…
