The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control has launched a joint Concentrated Inspection Campaign (CIC) on Crew Familiarization for Enclosed Space Entry. The aim of the CIC is…
The Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets in the Russian Federation (100% share of Prime Shipping group of companies). Prime…
NewLead Holdings Ltd.announced today a review of the commercial performance of one of its bitumen tanker vessels, the MT Nepheli since the vessel was delivered to NewLead's fleet.The Nepheli is a 2009-built bitumen tanker vessel of 3…
Enterprising student Liam Finch has been putting his summer days to good use by working on an important survey for the Isle of Man Shipping Association (IOMSA).Liam, 20, is involved in a project aiming to shed light on the value of the marine industry to the island…
BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015. Angus Frew, Secretary General at BIMCO, said, “We are looking forward…
State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the need to provide security in the Arctic waters.The eight countries of the Arctic Council (AC)…
Calnetix Technologies, LLC has published a White Paper describing new processes for producing supplemental power for a ship’s electrical load. The White Paper, entitled New-Technology Shipboard System Converts Heat from Engine Jacket Water into Electrical Power…
BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats facing merchant vessels operating in risk prone areas, how this threat is calculated by the military…
United States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean. He insisted that there was no contradiction between his climate change agenda and Arctic drilling. “I share people's concerns about offshore drilling…
TASI HOLDINGS INC. announced today it has completed the acquisition of all shares of SignalFire Telemetry, located in Hudson, Massachusetts. This new acquisition is strategic to the growth model of TASI, and adds an exciting new wireless communication component to TASI’s Founded in 2006…
North Korean vessels owned by Ocean Maritime Management (OMM) have been seen using Russian ports, says the NK News vessel tracker. OMM was sanctioned for its involvement in smuggling weapons through the Panama Canal in 2013. While the…
Mitsubishi Heavy Industries, Ltd. ('MHI') and the Suhail Bahwan Group ('SBG') have invested in Altaeros Energies, a Massachusetts-based technology company, to support the design and production of its Buoyant Airborne Turbine ('BAT') renewable energy and communication platform…
For Institute of Marine Engineers of India having achieved standardisation and maintainenace of quality processes simultaneously not just at their Head Office but also their eight branches and Five Chapters, spread all over the country is unique in India…
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured…
DNV GL, the technical advisor to the oil and gas industry, has been awarded a framework agreement by CLP Hong Kong to deliver risk management advisory services for its Asia Pacific operations. Projects are already underway, with several more projects expected within 2015…