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US Provides $100 Mln in Port Security Grants

File photo: Port of Baltimore

Homeland Security Secretary Jeh Johnson announced final allocations of $275 million for six fiscal year 2016 U.S. Department of Homeland Security (DHS) competitive preparedness grant programs, including

Broadband Upgrade for MSC Cruises

Photo: MSC Crusies

Intelsat S.A. has been selected by Marlink to deliver fast, high quality Intelsat EpicNG broadband connectivity to Mediterranean Shipping Company’s (MSC) cruise ships. At the end of May, MSC Cruises

PALFINGER Finalizes Harding Acquisition

Morten Blix (Herkules) shaking hands with Herbert Ortner (CEO,Palfinger) and Styrk Bekkenes (CEO, Harding Safety) in the background (Photo: Harding Group)

The PALFINGER Group closed the acquisition of 100 percent of the shares in Herkules Harding Holding AS, i.e. the globally operating Harding Group, supplier of lifesaving equipment and lifecycle services for maritime installations and ships.

Shipbuilding

Fincantieri Delivers Seven Seas Explorer

Seven Seas Explorer (Photo: Fincantieri)

The first of two ultra luxury cruise ships delivered for Regent Seven Seas Cruises   Seven Seas

Damen Signs MOU with Sydney City Marine

Photo: Sydney City Marine

Damen Shipyards Group and Sydney City Marine have signed a Memorandum of Understanding (MOU)

Rolls-Royce Azimuth Thrusters Ordered for New Tug

Rolls-Royce has won an order for US255 FP z-drives from San Francisco’s Vessel Chartering LLC, a wholly owned division of Baydelta Navigation. The thrusters will provide the

Contracts

Oil Below $50 on Supplies, Economy Concerns

Oil worker wage talks begin in Norway; return of Nigerian supply could hit prices -Goldman. Oil fell below $50 a barrel on Thursday, pressured by higher Nigerian output and

Petrobras Adds C-Suite Position, Plans New Strategy

Brazil's Petrobras said late Wednesday that its board of directors had created a new senior management post responsible for strategy, organization and system management to

Demand, Bunker Pricing Spurs Asia Dry Bulk-Capesize Rates

File Image: a bulk carrier underway (Credit: BSM)

Owners asking $1 per tonne more on Australia-China rates; Panamax rates climb to two-month high

Technology

Curran Joins WFS Technologies as Project Director

Christopher Curran (Photo: WFS Technologies)

WFS Technologies has appointed Christopher Curran as a Project Director for the Americas region.

Delgado Fire and Industrial School Deploys Transas Technology

Photo courtesy of Transas

In a brand new 19,000 square foot Maritime and Industrial Training Center in New Orleans

Underwater Center Links with Bibby for ROV Apprenticeships

The first two Bibby apprentices – left to right – Ed Beattie and Alan Mackintosh. (Photo: The Underwater Center)

Scottish subsea training facility, The Underwater Center, has partnered with Bibby Offshore to

Legal

Beijing Slams South China Sea Court Proceedings

Permanent Court of Arbitration ruling set for July 12. An international court said it would deliver a hotly anticipated ruling in the Philippines' case against China over the

Norway Oil & Gas Output to be Impacted if Workers Strike

File Image: a Statoil offshore Norway oil installation (Statoil)

Norwegian oil companies and trade unions began two-day wage talks on Thursday in a bid to avert a

Brexit: No More than a Bump in the Road for Oil

Rebalancing the oil market could take slightly longer as a result of the upsurge in uncertainty following Britain's vote to leave the EU but most traders seem to think it will

People & Company News

Abengoa Says Reaches Preliminary Restructuring Deal

Spanish energy firm Abengoa said on Thursday it had reached a preliminary deal with banks and bondholders to finalize its restructuring plan.   Abengoa's Chairman Antonio

Pougher Named British Marine President

David Pougher (Photo: British Marine)

On July 1, 2016, David Pougher, Principal of Deep Consultancy, will take over the role of British

Xeneta: No Silver Lining for Container Shipping in Brexit Storm

Xeneta, a  global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact

Maritime Apps