Korean Register chief resigns

APRIL 29, 2014 — Korean Register of Shipping Chairman and CEO Dr. Chon Young-Kee has has announced his resignation. The Korean Register said “Dr. Chon has decided to step down as chief

Whistleblowers collect $500,000 in hull crack case

APRIL 28, 2014 — German shipowner Herm. Dauelsberg GmbH & Co. KG has been ordered to pay $1.25 million for failing to report damage to one of its ships on arrival at

Putin: Crimean shipyards “very good potential”

APRIL 25, 2014 — Russia’s Ministry of Industry and Trade is developing a program to place construction orders at Crimean shipyards. According to a Ministry press release, these could include building tankers

Marine hose price-fixer gets two-year prison term

APRIL 25, 2014 — Italian national Romano Pisciotti, a former manager of Parker ITR Srl’s Oil & Gas Business Unit, who was extradited from Germany in early April 2014, pleaded guilty Wednesday

ExxonMobil to double Singapore MFM bunkering fleet

APRIL 24, 2004 — From January 1, 2017, it will be mandatory for bunker suppliers in the Port of Singapore to use the Mass Flow Metering (MFM) system for bunker delivery of

Knightsbridge to acquire remaining Frontline 2012 fleet

APRIL 24, 2004 — John Fredriksen is rearranging the place settings on the dry bulk market table. The move involves two companies that once were tanker operations before going dry. Knightsbridge Tankers

Viking Welding delivers two Response fire/rescue boats

APRIL 23, 2014 — Fire Departments in South Carolina and Minnesota have recently taken delivery of Response FR-28 and FR-31J fire/rescue boats built of welded aluminum by Viking Welding & Fabrication, Kensington,

Videotel reports passing of Chairman Len Holder

APRIL 23, 2014 — Videotel reports that its Chairman, Len Holder, died April 21 after a short illness. Mr. Holder dedicated his lifetime in the maritime industry to developing better training practices. After

Genco files for bankruptcy

APRIL 22, 2014 — Peter Georgiopoulos’s Genco Shipping & Trading Limited (NYSE: GNK), filed for bankruptcy yesterday. Mr. Georgiopopulos’s General Maritime Corp.filed for bankruptcy in November 2012. Its restructuring gave Oaktree Capital

Arctic maritime potential fails to excite U.S. industry

APRIL 22, 2014 — Decreasing seasonal sea ice has opened up Arctic waters for longer periods with resulting potential economic opportunities in commercial shipping, cruises, commercial fishing, oil, and mining. But while

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