A new clause for dry cargo voyage charters is set to plug the gap in contracts that do not address ship-to-ship transfer (STST) cargo operations.STST cargo operations are a common feature in most tanker voyage charters, but rarely form part of dry cargo standard forms…
Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada.Mr. Arnell will be succeeded by Gary Smith…
Cummins Inc. announced that Distribution Business President Pamela Carter, the first woman to lead one of the company's four main business units, will retire April 1.Carter, who became Indiana's first African American woman Attorney General in 1993…
The chief engineer of the doomed Sewol ferry who was jailed for 30 years for leaving behind two injured crewmates believed they were dead and had acted in 'a state of extreme fear and panic,' his lawyer told a South Korean appeals court on Tuesday…
PSA International Pte Ltd (PSA) handled 65.44 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2014. The Group’s volume increased by 5.8% over 2013 with the flagship PSA Singapore Terminals contributing 33…
MacGregor, part of Cargotec, has received a contract from STX France SA to deliver cargo and passenger access equipment for two cruise ships. The order was booked into fourth quarter 2014 order intake. MacGregor's 'turnkey' delivery includes the design…
The delivery ceremony and reopening of the Caravel La Niña III, faithful replica of the ship of Columbus, the Caravel “La Niña III“ was held yesterday in the city of Las Palmas.Las Palmas is part of the network of Columbian cities of Spain…
Norwegian Energy Company ASA (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). The transfer is subject to government approval.Further, the companies have agreed that Noreco…
The California Air Resources Board has fined four shipping companies a combined $146,719 for failing to switch from dirty diesel “bunker” fuel to cleaner, low-sulfur marine distillate fuel upon entering Regulated California Waters – within 24 nautical miles of the California coast…
The Port of Cork will invest over €1.5 million in upgrading facilities at Cobh Cruise Terminal, Ireland’s only dedicated cruise berth, with the installation of a number of high load mooring bollards at the east and west end of the Cobh Cruise Berth which will enable larger ships to be berthed…
Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ('NLNG') to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015…
The stricken ship Hoegh Osaka continues to be stable and the salvors ongoing ballasting operations have now reduced the list to 48 degrees.The divers yesterday successfully carried out a limited inspection of the Hoegh Osaka’s hull. This…
Maritime professionals from more than 20 maritime nations met in Garmisch-Partenkirchen, Germany, to finalize plans for Exercise Obangame Express 2015, Jan. 12, 2015.During the four-day meeting with representatives from 13 African nations…
The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident…
Dun & Bradstreet, the world's most trusted source of commercial data and insight, today became the first certified vendor of the Small Business Financial Exchange, Inc.'s wholly owned subsidiary SBFE, LLC. As an SBFE Certified Vendor™, Dun…
