Caterpillar Marine has announced it has completed the acquisition of ESRG Technologies Group, LLC, a vessel monitoring and data analytics leader in the marine industry. The acquisition includes ESRG’s comprehensive software suite for the…
The unknown foreign vessel the Swedish Navy searched for near Stockholm last autumn was actually a “workboat,” Sweden's Armed Forces have now said. The story of the suspected submarine spotted in the Stockholm archipelago a week after Sweden's…
Hybrid Marine Power & Propulsion Workshop – Southampton – May 13 & 14, 2015 In May 2015 U.K. based Shock Mitigation will bring together a group of experts armed with the latest knowledge that will assist the sub IMO professional sector to…
Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week.On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i…
Rosneft as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field.O-14 production well was drilled with Orlan drilling platform in direction of the field’s south-eastern point…
The Port of Mariel, Cuba, aims to become the best choice transshipment in the region from the Panama Canal expansion. According to the Mariel terminal sources, 'The port has possibility to connect with everyone from the Panama Canal expansion'…
Incat Crowther reported it has opened an office in Europe.Located in Southampton, United Kingdom, the office has been created to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region…
To take advantage of the global increase in on-board touring holidays, the Firth of Forth is planning a new cruise ship terminal. Developers hope to secure permission for the first purpose-built terminal on the Scottish mainland at site…
Six Greenpeace activists rappelled down from an oil rig in the Pacific Ocean on Saturday after spending six days living on the structure to protest against drilling in the Arctic, the environmental organization said.The multinational team climbed aboard Polar Pioneer…
The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday…
Members of the Panama Canal Authority (ACP) Board of Directors and Administration returned to Panama after having traveled to Asia for the 24th joint meeting of its Advisory Board. The delegation met in Japan with the group of distinguished advisers to discuss Canal operations and performance…
The Board of Viking Supply Ships AB (under name change from Rederi AB Transatlantic) has decided to appoint Christian W. Berg as CEO of the company with immediate effect. Christian will in parallel continue as head of the Viking Supply Ships business area just as today…
Wärtsilä signed a 5-year Technical Management Agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The service agreement includes remote monitoring of engines…
In New York today, April 7, the International Chamber of Shipping (ICS) represented global shipowners at a United Nations meeting, having been invited to speak as a panellist as part of the UN Inter Consultative Process on the Law of Sea. The…
Crowley Maritime Corp. announced its membership in the Trident Alliance, a coalition of shipping owners and operators that share a common interest in robust enforcement of existing maritime sulphur regulations. In joining, Crowley said it has signed a statement of commitment…
