Stefanos Kazantzis, Financial Advisor of McQuilling Services Marine in an interveiw discusses the recent upswing in VLCC asset prices and current developments in the asset markets. Excerpts:About Asset Contango:Asset Contango is a situation…
The Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian Registry, has appointed Robert Twell as general manager of its dedicated London office, in succession to Jonathan Spremulli.Robert Twell joins LISCR from CMA Ships UK Ltd/CMA CGM Group…
Powermaq USA Staff Boasts Expert Machinists Experienced in Offshore, Subsea, Power Plant, Oil & Gas and Industrial Equipment Repairs.Brazil-based Powermaq has launched its first global field services company. From its U.S. headquarters in Portland…
The Shipping Professional Network in London (SPNL) hosted its first event of 2014, sponsored by Norton Rose Fulbright and BIMCO, held at the Norton Rose Fulbright offices in London. John Denholm (President of BIMCO & Chairman and Chief Executive…
A Vietnamese fishing vessel was apprehended by the joint team of the Philippine Coast Guard (PCG) and Bureau of Fisheries and Aquatic Resources (BFAR) for illegal fishing/poaching in Zambales last Monday, April 28.Based on reports, the…
The Ancient Mariner title established in 1978 recognizes the officer and enlisted person with the earliest designation as a permanent cutterman and requires a minimum of ten years of sea time. A change-of-watch ceremony for the U.S. Coast Guard…
Seafarers’ charity Apostleship of the Sea (AoS) has visited the abandoned crew of a Turkish ship which has been detained in Fowey, Cornwall since early this month. The general cargo vessel, Munzur, was detained by the Maritime and Coastguard Agency (MCA) for various health and safety issues…
Drydocks World & Maritime World group said it reiterated its commitment to Occupational Health & Safety during World Safety & Health Day on April 28, 2014. Several awareness programs and competitions were organized for employees on this day in Drydocks World…
DNV GL Group President and Chief Executive Officer Henrik O. Madsen received the coveted Lifetime Achievement Award at the Seatrade Awards in London this week.Recognized for his ‘inspirational leadership’ Henrik O. Madsen was presented the award in the presence of HRH The Princess Royal…
IHC Merwede has strengthened its North American operations and reinforced its presence in Houston, Texas with a strategic appointment at the IHC Merwede America Corp. office. Thomas Agnevall is the new Vice President Business Development and will be based at the company’s Houston office…
Dr. Jürgen Weber to hand over the chair of the Supervisory Board to Michael Behrendt in autumn.Three important tasks fulfilled / Handover to complete merger with CSAV / Michael Behrendt to support the integration Jürgen Weber has decided…
International classification society RINA has launched a new voluntary notation to clearly identify new ship designs which meet eco-ship criteria.The Efficient Ship notation is granted to ships and new designs assessed by RINA to have very high overall efficiency of engines…
As the countdown to the International Festival for Business (IFB) in Liverpool begins, IFB Director Ian McCarthy will join Mersey Maritime at its May Face-to-Face Event.Business leaders attending the breakfast meeting on May 6 will have…
The 180 million GT North P&I club has reminded shipowners of the importance of making sure that an appropriate working language is used on their ships and that seafarers are practised at speaking it. According to head of loss prevention Tony Baker…
As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install…
