World Maritime News

Despite a sliding stock market, bidders for South Korea's Daewoo Shipbuilding may have to pay a hefty premium and large fees to snap up the coveted $4 billion asset amid upbeat prospects for the sector.Slow progress in the bidding process due to union protests and delays in selecting a lead manager,

Organizations from across the world’s shipping industry issued a vigorous joint protest at the continuing unjust and unreasonable detention of two merchant ships’ officers from the tanker Hebei Spirit who were recently acquitted by a South Korean court as being innocent of all charges of violating the nation’s ocean pollution law,

 Neptune Orient Lines Limited (NOL) confirmed that it has submitted an indicative non-binding bid to acquire the Hapag-Lloyd container shipping business. A completed transaction would result in the integration of NOL’s container shipping business APL with Hapag-Lloyd. The combination

The U.S. Merchant Marine Academy’s Master of Marine Engineering (MMarE) degree program, a distance-learning master’s program, begins its third year this September with a wide range of course offerings.The MMarE program offers a unique opportunity for practicing marine engineering professionals

On Friday 18 July 2008 Diving Support Vessel Seven Atlantic was launched at the IHC Merwede yard in Hardinxveld Giessendam, the Netherlands. The vessel is under construction for Subsea 7, one of the world’s leading engineering and construction companies. Before launch the Seven Atlantic was named by Mrs.

Dockwise Yacht Transports’ (DYT) newest ship, the 687.5-ft. (209 meter) Yacht Express, is due to arrive in Brisbane next week. The largest vessel of its kind in the world, Yacht Express was purpose-built with a semi-submersible dock bay that allows yachts of any size to be safely floated on and off as cargo.

Christian Sauleau has rejoined Silversea Cruises as executive vice president of fleet operations, overseeing marine, technical, hotel, crewing, entertainment and land programs.  He reports to the company's CEO, Amerigo Perasso.  Sauleau was the line's senior vice president of operations in the mid-1990s,

The ports of Los Angeles and Long Beach was honored Foss Maritime Company, calling its innovative approach to reducing air pollution in southern California an outstanding example of corporate leadership. Among Foss’ initiatives: Developing the world’s first hybrid tug, the Green Dolphin,

Lloyd’s Register Capstone, Inc. has concluded the acquisition of Celerity3 Engineering, Inc., an engineering firm based in Houston, Texas.  Celerity3 specializes in design, process, and safety solutions and has delivered practical solutions to challenging engineering problems for more than four years.

The Navy announced on July 15 that the next two Virginia-class attack submarines will be named the USS Minnesota and the USS North Dakota. The selection of Minnesota, designated SSN 783, honors the state's citizens and their continued support to our nation's military. Minnesota has a long tradition

The Naval Oceanographic Office (NAVO) Major Shared Resource Center (MSRC) will house a powerful new IBM supercomputer that will substantially increase its computational capacity."This new IBM system represents a tremendous increase in the center's computational capacity," said Tom Dunn, director of the computer center.

U.S. Coast Guard has awarded the Foss Maritime Company its most prestigious environmental honor: the 2008 William M. Benkert ‘gold’ award for marine environmental protection. It is Foss’ second major ‘green’ award in less than a month.In early June, Foss won the Environmental

From Commander, U.S. Naval Forces Central Command/5th Fleet Public AffairsDuring his change of command ceremony, the outgoing Commander of U.S. Naval Forces Central Command, Vice Adm. Kevin Cosgriff, emphasized the need for fostering relationships with coalition partners."The

 Neptune Orient Lines Limited announced that, by mutual agreement with the Board of Directors, Dr Thomas Held has stepped down from the position of Group President and Chief Executive Officer (“CEO”) of the company and that Mr Ronald Widdows has been appointed as the new Group President and CEO.

Maritime Capital Shipping Limited has withdrawn its lodgment of its preliminary prospectus with the Monetary Authority of Singapore in connection with its proposed initial public offering and listing on the Main Board of the Singapore Exchange Securities Trading Limited. The company has just completed

After three years, Osamu Suzuki is retiring as the President/CEO and Chairman of MOL (America) Inc. Mr. Suzuki held numerous positions world-wide since joining MOL in 1973. His liner division experience began in 1984 when he became a Long Beach, California Representative. He served as General Manager

Mitsubishi Heavy Industries, Ltd. (MHI) delivered MOL COMPETENCE, a large-size containership, to Mitsui O.S.K. Lines, Ltd. (MOL) at the Koyagi Plant of MHI's Nagasaki Shipyard and Machinery Works. The container ship marks the 300th vessel delivered from MHI to MOL. The 8,100 TEU (twenty-foot equivalent unit),

Joint ventures in Qatar in which Exxon Mobil Corporation participates will start up projects over the next two years that will bring more liquefied natural gas to market than any other international oil company, Rex Tillerson, chairman and chief executive officer, said. Speaking at the 19th World Petroleum Congress in Madrid, Mr.

The North American Maritime Ministry Association (NAMMA) announced that Hapag-Lloyd and the United States Coast Guard are the recipients of this year’s maritime ministry awards.  The awards are given to a corporation and an individual or organization who demonstrate a commitment to benefit seafarers.

The latest Shipping Confidence Survey by Moore Stephens has revealed that overall confidence in the market for the next twelve months remains unaffected by the global credit crunch. But two-thirds of shipping interests expect finance costs to rise - a ten per cent increase on levels reported in the last survey,

POSITION: Superintendents/ Senior Field Service/ Marine Engineers. TYPE: Permanent SALARY: 40-50,000+OTE DETAILS: We are looking for Marine/ Mechanical/

Liberty International Underwriters, (A member of the Liberty Mutual Group - a fortune 100 company) is looking for a Senior Marine Project Cargo Risk Engineer to support the Americas Director of Marine Risk Engineering. The role will work very closely with underwriting,

NURC is NATO’s maritime research and technology centre located in La Spezia, Italy. Dedicated to fulfilling NATO's Operational Requirements, the NURC conducts basic and applied research, operates two of the finest research vessels in the world, and collaborates with laboratories,

For 39 years Atwood Oceanics has provided premium offshore drilling rigs to leading industry clients, as they meet challenging technical demands requiring innovative solutions and safe, efficient drilling in all regions of the world. The company has

Germanischer Lloyd is one of the leading classification societies worldwide standing for safety, quality, and economic efficiency for our shipping and industrial customers. With more than 4000 employees in 76 countries, we are a globally operating technical

OUTSTANDING MANAGEMENT OPPORTUNITY WITH THE PORT OF LONG BEACH! The Port of Long Beach is one of the world’s busiest seaports and is a leading gateway for international trade. Founded in 1911, it has grown to more than 3,200 acres and is credited

Announcement #: 05-162-04 EX----AMENDED MINIMUM REQUIREMENTS Title, Series, Grade (Code) Able Seaman WM-9925-8 (162) Base Salary: $32,795 – $38,169 Per annum Type of Appointment: Excepted Service Career-Conditional Opening Date: 07 October 2005

Announcement #: 05-351-02-EX Title, Series, Grade (Code) Second Electrician, WM-9942-15 (351) Base Salary: $37,767 Type of Appointment: Excepted Service Career-Conditional Opening Date: 9/15/05 with periodic cut-offs Location: MSC Vessels Worldwide Who

Announcement #: 05-212-01-EX Title, Series, Grade (Code) First Radio Electronics Technician, WM-9997-12 (212) Base Salary: $43,248 – $44,651 Per annum Type of Appointment: Excepted Service Career-Conditional Opening Date: 21 July 2005 Closing

Announcement #: 05-331-02EX Title, Series, Grade (Code) Unlicensed Junior Engineer (W) WM 9954-15 (331) Base Salary: $29,737 - $37,350 Per annum Type of Appointment: Excepted Service Career-Conditional Opening: 13 June 2005, with periodic cut-offs Location: