International Container Terminal Services, Inc.’s (ICTSI) US$450 million perpetual capital securities issue was recently recognized as the Philippines’ best corporate bond at the The Asset Triple A Country Awards 2015. ICTSI issued last…
General Dynamics Electric Boat expects to hire nearly 4,000 people in the coming years as it ramps up production on Navy submarines, the Associated Press reports. Electric Boat is projecting a positive outlook for 2016 for revenue and employment…
The Mission to Seafarers and the North American Maritime Ministry Association (NAMMA) are launching a new project entitled MARE, which aims at enhancing the ability of seafarers’ welfare agencies to connect with seafarers’ using innovative digital tools…
23 letters of employment delivered to new graduates in the presence of the Institutions of the School.Eleven Italian shipping companies “christened” the courses at the I.T.S. Fondazione “G. Caboto” (Caboto Foundation), an Institute of Advanced Technology…
Relying on more than four decades of experience and activities in the maritime and energy markets, including the design of a Floating Regasification and Storage Units (FSRU), SENER technology and engineering Group has developed its own design of a Liquefied Natural Gas (LNG) bunkering vessel…
An agreement has been signed between Wärtsilä and Cavotec to jointly develop the world's first combined induction charging and automatic mooring concept.Wärtsilä has developed a wireless charging system based on inductive power transfer…
A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published today by DNV GL…
Keppel plans to consolidate its interests in business trust, REIT and fund management under Keppel Capital and grow its asset management business.In a major restructuring exercise to grow the contribution from its Investment Division, Keppel…
This past summer, multiple outbound vessels from a non-U.S. port suddenly lost GPS signal reception. The net effect was various alarms and a loss of GPS input to the ship's surface search radar, gyro units and Electronic Chart Display & Information System (ECDIS)…
The new CEO of Transas, Frank Coles, has vocalized his vision for the future of the global maritime technology for the first time since his appointment in late 2015. The Transas CEO has his sights set on the company delivering the technology…
SeeByte founding member, Professor David Lane, has been appointed Commander of the Order of the British Empire (CBE) for services to Engineering in the 2016 New Year’s Honors list. Lane is Professor of Autonomous Systems Engineering at Heriot…
When discussing the Navy’s top science and technology (S&T) priorities with military, government and industry leaders, Chief of Naval Research Rear Adm. Mat Winter reflected on his college days at the University of Notre Dame.“When I graduated from Notre Dame 30 years ago…
BIMCO has now launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. The contract, code named SUPERMAN, is a valuable new addition to BIMCO's existing suite of ship management agreements…
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January 2016 the company has consolidated its activities into four Business Lines and four regions…
Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop. As per the MOU, Wartsila plans…
