Two large oil tankers were on fire on Friday after colliding near Singapore, the world's biggest refuelling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities and one of the tanker operators said.Singapore is Asia's biggest oil-trading hub and the world's largest bunkering port.
Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business, Hiab, operate as a standalone business, Cargotec said
The Society of Naval Architects and Marine Engineers (SNAME) announced it has appointed Elizabeth Bouchard as its next Executive Director. She will become the 15th person to serve in this capacity since the organization’s founding in 1893, and she will assume the helm at SNAME Headquarters on July 1, 2024, succeeding Valerie Hutnan.Bouchard comes to SNAME from International Registries, Inc.
Marc-Henry Cruise Holdings, Joint Owner/Operator Four Seasons Yachts has appointed Anglo-Eastern as its ship management partner for its ultra-luxury yacht, Four Seasons I. Anglo-Eastern will oversee the technical management of the vessel, which is under construction at Fincantieri’s shipyard in Ancona, Italy. Four Seasons I is scheduled to commence commercial operations in 2026.