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Gulf of Mexico Platforms Shut In Ahead of Storm

By The Maritime Executive

August 29, 2016

The Bureau of Safety and Environmental Enforcement announced Monday that a number of offshore operators in the Gulf of Mexico are evacuating platforms and relocating DP rigs in order to lower risk fro...

Austal Announces Full Year Loss Due to LCS Changes

By The Maritime Executive

August 29, 2016

Australian shipbuilders Austal announced a full year loss of $85 million for FY2016 Monday, citing cost overruns for the U.S. Navy's Independence-class littoral combat ship program. The firm said t...

Three Officers Indicted for Deadly Missile Accident

By The Maritime Executive

August 29, 2016

Prosecutors in Taiwan announced Monday that they will be filing charges against Taiwanese Navy servicemembers Petty Officer Second Class Kao Chia-Chun, Petty Officer Chen Ming-Hsiu and Lieutenant Hsu...

Cybersecurity Offshore: A New Virtual Battlefield?

By Jordan Wylie

August 29, 2016

Our reliance on information and communications technology (ICT) runs deep in our everyday lives, and the maritime and offshore industries are no different. It is increasingly clear that the security r...

Libya's NOC Warns of Oil Output Losses

August 29, 2016

Delays in the budget from Libya's new government for the state energy company are undermining oil production, losing around 200,000 barrels per day at the cost of millions of dollars, the company chie...

Ashtead Boosts Rental Fleet with Subsea Navigation Technology

By The Maritime Executive

August 29, 2016

Ashtead Technology, a global leader in marine technology and subsea services has expanded its equipment rental pool following a significant investment in a state-of-the-art subsea navigation system wh...

Dubai Maritime City Authority to Highlight Maritime Leadership

By The Maritime Executive

August 29, 2016

Dubai Maritime City Authority (DMCA) will be underlining Dubai's pioneering experience in transitioning into a leading global maritime hub during its participation in the upcoming SMM 2016 to be held...

Damen and Evoqua Launch DAMEN BALCON EC 1500

By The Maritime Executive

August 29, 2016

Damen Green Solutions and Evoqua Water Technologies will launch the DAMEN BALCON EC 1500 powered by the SeaCURE® ballast water management system (BWMS) at SMM Hamburg on 6 September 2016. The BALCON c...

Brazil Rumored to Sell Second Busiest Container Port

August 29, 2016

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's secon...

New Agreement Boosts Indian Subcontinent Trade

By The Maritime Executive

August 29, 2016

Evergreen Line is teaming up with K Line, COSCO, Wan Hai and PIL to offer two new joint services between China and India from early September. Both will provide direct calls at Karachi and Mundra and...

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