The employees in Dampskibsselskabet NORDEN A/S have elected the following employee representatives and alternates to the Company’s Board of Directors for a three-year period: Employee representatives: Lars Enkegaard Biilmann, Captain (reelected) Christian Ingerslev…
Port authority CEOs and senior staff from throughout the Western Hemisphere, along with maritime industry leaders, influencers and policymakers are expected to converge on Washington, D.C., April 20-21, to attend the 2015 Spring Conference of…
During the recent CMA Shipping 2015 conference in Stamford, Connecticut, ABS Chairman and CEO Christopher J. Wiernicki provided the conference's keynote address to set the agenda for discussion over the following two days. CMA Shipping is an annual meeting of nearly 1…
GAC Sri Lanka’s liner arm, McLarens Shipping, has been named “Best Shipping Agent, Customer Service” at the 21st annual Institute of Chartered Shipbrokers (UK) national awards. The accolade was presented in recognition of its high standards of service for Wan Hai Lines in the Intra-Asia sector…
Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's senior secured debt and increased credit availability. Rand said in a statment…
Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.The board will vote on the nomination at a shareholder's meeting on April 29…
Liebherr Maritime Cranes celebrated the grand opening of the new sales and service center in Durban, South Africa. The new African maritime hub was opened by a number of guests from the local industry and Liebherr representatives. Mainly as…
Port of San Diego proposes plan to increase regional economic impact; Environmental Impact Report commissioned to study modernization of Tenth Avenue Marine Terminal The Port of San Diego has issued a Notice of Preparation (NOP) for a Draft…
Transporter of project, breakbulk and heavy lift cargoes, Intermarine, LLC, has begun “Fleet of the Future” deliveries with the addition and maiden voyage of the newbuild Industrial Grand. The 20,000 DWT, 545 foot multipurpose vessel Industrial…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…
Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals. This is the…
The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015. These new technical…
Mining firms aim for simplification rather than growth; Rio's coal division worth at least $3.6 billion-Jefferies.In its latest effort to slash costs as commodity prices fall, Rio Tinto is letting go its energy chief and rolling its coal and uranium businesses into two other units…
DryShips Inc. and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced its unaudited financial and operating results for the fourth quarter ended December 31, 2014.Fourth Quarter…
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East…