Yearly Archives: 2016

The NYK-TDG Maritime Academy (NTMA), which is located in the suburbs of Manila and jointly run by NYK and the Transnational Diversified Group (TDG), proudly graduated the 117 students comprising the academy’s Class of 2016. NYK president Tadaaki Naito and TDG chairman J. Roberto C.

Statoil and Petrobras have completed their previously announced transaction, whereby Statoil has acquired Petrobras’ 66 percent operated interest of the BM-S-8 offshore license in Brazil’s Santos basin. BM-S-8 contains a substantial part of the Carcará pre-salt oil discovery.

Otto, the seventh hurricane of the 2016 Atlantic season, has formed and is located about 305 miles (485 km) east-southeast of Bluefields, Nicaragua, the U.S. National Hurricane Center (NHC) said on Tuesday. The system, packing maximum sustained winds of 75 miles per hour (120 km/hour)…

Gulf of Mexico vessel operators want to see sustained, higher oil prices. After a rough two years, supply boat owners and operators in the Gulf of Mexico hope crude oil prices will improve in 2017. That would encourage activity among the offshore…

As summer slowly fades to memory and commercial vessels have less frequent encounters with recreational vessels of all sizes, shapes and descriptions on America’s inland waterways, it might be a good time to review a strange, but not completely…

The Mississippi River has been reopened for restricted vessel traffic after a barge breakaway on Saturday lead the U.S. Coast Guard to close the section from mile marker 771 to mile marker 750 approximately 20 miles north of Memphis, Tenn. The…

Philippine President Rodrigo Duterte will issue an executive order declaring part of the disputed Scarborough Shoal a marine sanctuary off-limits to all fishermen, a move his office said was supported by Chinese counterpart Xi Jinping. Duterte…

India is trying to boost sales of its low-quality coal by offering more of the fuel at home and initiating steps to lower freight costs, while global prices are high, with the government hoping the moves will help cut imports. State-controlled Coal India…

Rigid Inflatable Boat (RIB) builder ASIS Boats has built and delivered the first of a fleet of 12-meter all weather passenger transport professional RIBs. The intended use of these RIB Boats will be to transport safely up to 23 passengers from main land to islands…

Billings Diesel and Marine Services, Inc. has reached a settlement with the U.S. Environmental Protection Agency (EPA) after the boat yard allegedly violated the Clean Water Act by discharging wastewater without authorization. According to the EPA’s allegations…