Gujarat Pipavav Port Ltd. (APM Terminals Pipavav), operating one of western India’s fastest growing gateway ports, today reported a 16% jump in net profit for the fourth quarter ended 31st December 2014, as against INR 771 million…
Euronav NV announces today that following the closing of its Initial Public Offering (“IPO”) of its ordinary shares on NYSE, the Company will repay the USD 235.5 million bond issued to partly finance the acquisition of 15 VLCCs from Maersk Tankers Singapore Pte Ltd announced on 5 January 2014…
DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like1 basis. New…
Ship operator admits to covering up deliberate discharge of oil and ordered to pay $1.8 million; $450,000 of penalty to fund projects benefitting Chesapeake Bay and $250,000 awarded to crew member who provided evidence of the illegal discharges The Hachiuma Steamship Co…
The Hinode’s 2nd Conference on “Outlook for India’s Seaborne Dry Bulk Trade” held at the Hotel Vivanta by Taj President saw a significant gathering of shipowners, charterers, agents, ship managers, exporters, importers, bankers, legal experts and those in other allied fields…
Statoil’s board of directors has appointed Eldar Sætre as the company’s new president and CEO. Sætre, who has 35 years’ experience from Statoil and the oil and gas industry, has been acting as president and CEO since October, and assumes the role with immediate effect…
For the third time, Petrobras is set to receive the highest award that an oil company can be given, bestowed by the Offshore Technology Conference (OTC) committee, based in Houston, USA. The OTC Distinguished Achievement Award for Companies…
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, announced today that a new four year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC)…
Harley Marine Services recently installed an 8 by 6 meter industrial grade LCD screen in the communication center at the new Harley and Lela Franco Maritime Center in Seattle, WA. This state-of-the-art media wall provides a direct portal…
The boarding times for pilots for daylight restricted vessels at Freeport have changed with effect from today (3 February).The first pilot boarding time is at 0700 hours local time and the last at 1700 hours local time.Daylight Saving Time will start on Sunday March 8…
Sonde Resources Corp. announced today that it has filed a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada). In conjunction with this filing, FTI Consulting Canada Inc. has been appointed as Trustee in Bankruptcy…
Subsea technology company Sonardyne International Ltd. announced today that its UK sites in Yateley, Aberdeen and Plymouth have been awarded OHSAS 18001 Safety Management System Standard accreditation following successful audits at all three sites…
Kevin King has been appointed as TT Club's Regional Director Europe, Middle East and Africa. Based in London, he will be responsible for overseeing member service and business development across EMEA for the TT Club.King is a qualified U…
Inmarsat has announced the successful launch of their second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan yesterday (Sunday 1 February) at 12:31 GMT…
Hyundai Merchant Marine (HMM) announcec that its Australian container liner business will be handled by Inchcape Shipping Services (ISS), effective February 1, 2015.Both HMM and ISS are working closely together to ensure that the change…
