Rand Logistics, Inc. announced that its board of directors has appointed Kirk Thompson as a Class II director. Thompson, the current chairman of the board of JB Hunt Transport Services Inc., brings the number of directors to six and is the first…
DryShips Inc. global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., off-shore contract drilling oil services, today announced the following: *…
Vessel performance monitoring and optimization solution ClassNK-NAPA GREEN was named the maritime industry’s top IT system by earning the IT Solutions Award at the International Bulk Journal (IBJ) Awards held at the Beurs-World Trade Center in Rotterdam on 17 November…
Eddy Bruyninckx, CEO of Antwerp Port Authority, was presented with a Lifetime Achievement Award on Monday at a ceremony in Rotterdam. The distinction forms part of the IBJ Awards which are presented annually by the International Bulk Journal…
Stolt-Nielsen Limited’s board of directors has resolved to initiate a buyback program to purchase up to $50 million worth of its common shares, the company announced today.The buyback program will comprise up to 3,100,000 common shares, representing up to 4…
Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date. Buchanan has served as President of Genco since June 2005…
This alert raises awareness as to the importance of not modifying equipment or components from their intended design or operation. Recently, a State Pilot suffered a concussion as he was boarding a vessel via its pilot ladder. The primary…
Tug boat operators plan short strike at top Australian iron ore portTug boat engineers at Port Hedland, Australia's biggest iron ore port, plan to stop work for four hours on Nov. 12 over a pay dispute, threatening exports from BHP Billiton and Fortescue Metals Group…
Ince Shipping was the second guest of the 19th annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club.Operation Manager Mustafa Balmuk, Vice DPA Gizem Cevik, and Public Relations Manager Oğuz Temur…
The supply/demand imbalance that drove dry bulk markets down to 2009 levels during the first half of the year is set for adjustment, with Newport Shipping Group predicting an improved tonnage balance over the next couple of years, resulting in a freight rate peak in the 2016/2017 period…
The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U…
Union workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, have given notice of a possible strike, which could start on Friday afternoon, Unifor, Canada's largest private sector union, said on Tuesday…
Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels.The implementation of ShipManager on the entire fleet of 60 vessels, including containerships and bulk carriers, is scheduled to start this year…
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 80,000 DWT bulk carrier, 'CIC EPOS', to its European Buyer…
London-based ship manager Newport Shipping has introduced a new revenue sharing agreement (RSA) concept to the Handysize bulk carrier sector and will now market the scheme under Newport Handy Bulkcarriers.The RSA concept, proven in the larger Supramax…