Poseidon Containers Holdings, a private equity backed containership operator with an initial fleet of 18 vessels, has filed for an initial public offering. It plans to raise $100 million, which is likely only a placeholder as Poseidon…
Norbulk Shipping UK Ltd, a company based in Glasgow, U.K., and operator of the reefer cargo ship M/V Murcia Carrier, pleaded guilty to failing to maintain an accurate oil record book in violation of the Act to Prevent Pollution from Ships (APPS) and providing false statements to the U…
AKD said it has strengthened its position in the shipping and offshore sectors with the arrival of two senior executives.Pieter den Haan, a specialist in handling maritime casualties, with particular expertise in major collision cases as…
Three stranded mariners adrift in the Torres Straight have been rescued thanks to the crew of a Royal Australian Air Force AP-3C Orion maritime patrol aircraft.Following a request from the Australian Maritime Safety Authority, the Orion…
The annual Terminal Operators Conference (TOC) in Europe was held June 9-11 in Rotterdam with over 4000 people attending the conference supply chain sessions, Tech TOC, Bulk TOC venues and exhibits. Alex Duca, head of design and automation for APM Terminals called for a sensor revolution…
Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of $384 million or $96 million per unit. The vessels are due to be delivered as early as September 2015…
At the Seawork International Exhibition in Southampton, Blyth Workcats Ltd announced that Associated British Ports (ABP) has awarded it the contract for a new 14-metre survey vessel to be built at the company’s yard on Canvey Island, Essex…
Norstar Ship Management, the Singapore-based ship manager, has opened a crewing office in Yangon, Myanmar named “Norstar Crew Management Company Limited”. The office was formally opened by Mr Muang Muang Oo, Myanmar’s Director General of…
Holland America Line has promoted Gerald Mosslinger to vice president, food and beverage, as part of the renamed Guest Experience and Product Development Department that was formerly the Marine Hotel Operations Department. The cruise line…
The new mandatory code for ships fuelled by gases or other low-flashpoint fuels was adopted by IMO's Maritime Safety Committee (MSC), when it met at the Organization's London headquarters for its 95th session from June 3-12, 2015. The Committee…
The master of a cruise liner which was damaged going over rocky shoals has pleaded guilty to two charges at Belfast Magistrates court June 16, the U.K. Maritime and Coastguard Agency (MCA) reported. Captain Joao Manuel Fernandes Simoes pleaded…
Dennis de Bruin, Marine Director at BMT Surveys, explains the current issues and new regulations concerning the on-board blending of fuels.Fuel oils are mainly a blend of oils and other components, for example; aromatic hydrocarbons such as benzene…
Sailors from the Kearsarge Amphibious Ready Group (KSGARG) and Marines assigned to the 26th Marine Expeditionary Unit (MEU) kicked off the KSGARG/MEU Exercise (ARGMEUEX) in the waters east of of the United States June 13.The KSGARG comprises Amphibious Squadron (PHIBRON) 4…
Maritime security operations by Australian and New Zealand frigates operating in the Middle East region during the past six weeks have seized almost a tonne of narcotics worth an estimated street value of $711 million. Royal Australian Navy Guided Missile Frigate…
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years…