Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve. The shipping industry has been grappling with a prolonged downturn…
Tan Sri Kt Lim
Chairman, Genting Hong Kong
Five minutes with Tan Sri Kt Lim, Chairman, Genting Hong Kong
Anthony and Nicolás Remain on Hapag-Lloyd Board
Hapag-Lloyd AG has announced the continuity in the executive management - Anthony J. Firmin remains COO and Nicolás Burr remains CFO.
Hapag-Lloyd: Positive Operating Result in a Challenging Environment
Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost…
GasLog Partners buy GasLog Greece
Greece-based GasLog Partners LP has reached an agreement to buy 100% of the shares in the entity that owns and charters the…
Norway's Solstad Offshore, Farstad Shipping and Deep Sea Supply Agree Merger
Norwegian OSV companies Solstad Offshore, Farstad Shipping and Deep Sea Supply have signed off on merger plans first announced on February 6, 2017.
Kull Named President of Torqeedo Group
Marcia Kull has been named President of Torqeedo Group, Inc., and will direct global sales and strategy for the electric…
CMA CGM Rolls Out Asia-West Coast South America Offer
CMA CGM has announced the launch of the new service offer between Asia and West Coast South America, the most comprehensive…
CMA CGM Reshuffles Asia to Indian Sub-Continent Service
CMA CGM has announced revamping of dedicated services to Indian Sub-Continent including India West Coast, Pakistan, and Sri Lanka (CIMEX 2N…
First Coast Guard Ancient Tridents Named
U.S. Coast Guard leaders and guests joined together Thursday to recognize Rear Admiral Linda Fagan and Master Chief Petty…
Commodities Trader Trammo Shedding East Coast LPG assets
Commodities trader Trammo Inc is continuing to shed its liquefied petroleum gas (LPG) assets, putting its Newington, New Hampshire…
MacGregor, Rolls-Royce to Study Containership Autonomy
A new collaborative research and development initiative will explore the impact of developments in autonomy for cargo ship…
The New Generation of Alliances Set
On April 1, 2017 a new generation of ocean carrier alliances will become operational. We caught up with Federal Maritime Commission (FMC) Commissioner William P. Doyle after his return from an industry conference earlier this month in Long Beach, Calif.
Ballast Water Treatment: A ‘Sample’ of What to Expect Next
Having just returned from the 4th Annual Ballast Water Management Summit held in Long Beach, CA, I’m completely up to speed (or so I kid myself) on the complex topic of ballast water management systems, treatment and the regulatory quagmire represented by the IMO, U.S.
Lessons from Hanjin Line Bankruptcy
The August 2016 collapse of Hanjin Line was a wake-up call for the entire ocean transportation supply chain. More than $14 billion in cargo was stranded at sea and ships were scattered all over the globe at anchor or just outside territorial waters.
Kings Point at the Crossroads
As the United States Merchant Marine Academy recently announced the resumption of its commercial sea year training program, many unanswered questions remain and more importantly, myriad problems unsolved.Roughly concurrent with news that the…
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