Seadrill Bondholders Propose Alternative Debt Restructuring
An unofficial committee of Seadrill's unsecured bondholders has submitted a binding alternative proposal for the company's restructuring…
DNV GL Launches D-Class
DNV GL has launched a “D-Class” (Data Smart Classification) joint development project to develop an innovative Dynamic positioning…
Antwerp Port Focus on Sustainable Modal Shift
The port of Antwerp is to invest 1.4 million euros over the next three years in projects aimed at making port-generated freight…
Norad Backs Marine Environment Protection in Southeast Asia
A new International Maritime Organization (IMO)-Norwegian Agency for Development Cooperation (Norad) environmental project…
ABS Partnership Enhances Safety in Ghana’s Offshore Industry
ABS, a leading provider of classification and technical services to the marine and offshore industries, formed a joint venture…
Wärtsilä 20 Diesel Engine Gets a Power Upgrade
An upgraded version of the Wärtsilä 20 diesel engine features greater power density thanks to increased cylinder output.
Harris Pye Sold to Joulon Group
The Harris Pye Engineering Group, global specialists in the provision of repairs, upgrades and conversions to the marine…
Det Norske Veritas is DNV GL's Majority Owner Now
The Foundation Det Norske Veritas (DNV) assumes full ownership of DNV GL and remains committed to Maritime headquarters in Hamburg.
Force Majeure Declared on Some North Sea Liftings
Pipeline shut on Dec. 11; repair work could last several weeks. Deliveries of crude oil through the Forties pipeline in the North Sea are under force majeure for…
Aldubaikhi Named Bahri’s Next CEO
Saudi Arabian maritime transport and logistics company Bahri has appointed Abdullah Aldubaikhi as its new chief executive office.
CMA CGM Merges Multimodal Subsidiaries
The CMA CGM Group announced it will merge its subsidiaries MacAndrews and OPDR effective January 1, 2018., in line with…
Top Maritime News
Overconfidence, Poor Training Sank El Faro: NTSB Report
The sinking of the U.S. freighter El Faro in 2015 with the loss of 33 lives came after an overconfident captain set the ship and its poorly trained
Metal Shark's Next-Generation Damen Fast Crew Supplier
As an extension of its existing relationship with Netherlands-based Damen Shipyards, Louisiana-based shipbuilder Metal Shark has announced the
World’s Largest Crane Vessel under Development
Holding OOS International Group B.V. said it is working with China Merchants Industry Holdings (CMIH) to design and build what will be the world’s
South Korea Jails Former Hanjin Shipping Chairwoman
The former chairwoman Choi Eun-young (55) of the now-defunct Hanjin Shipping was jailed 18 months for insider trading, reports Yonhap.