The European Commission has decided to continue recognising certificates for seafarers issued by the Philippines, one of the world’s largest maritime labour supply countries.In December 2021, following a detailed assessment of the training and certific...
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Three Austal USA Executives Indicted for Fraud
A federal grand jury returned an indictment last week charging three Alabama men with orchestrating an accounting fraud scheme at the Mobile-based shipbuilder Austal USA LLC.The yard builds vessels for the U.S. Navy, including the Independence-class Li...
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Shipbuilder Austal Sinks on Former U.S. Executives’ Indictment for Financial Fraud
Australian shipbuilder Austal Ltd sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of Justice indicted three of its former U.S. employees on manipulating financial information. Austal, which ...
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GALLERY: Heerema Installs 24 Turbines at Arcadis Ost 1 Offshore Wind Farm Using Unique Method
Heerema Marine Contractors has completed the installation of 24 turbines for Parkwind’s Arcadis Ost 1 offshore wind farm and most turbines are already producing electricity. Three remaining turbines will be installed later this year.The 257…
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