Mitsui O.S.K. Lines, Ltd. (MOL) today announced the launch of its biannual campaign on October 15, targeting all MOL-operated vessels.As part of its safety efforts, President Muto, executives and other personnel will conduct an extensive…
Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said.The current secretary general of the IMO…
Moody’s Investors Service has upgraded Canaveral Port Authority’s $30.2 million in outstanding revenue bonds to A2 from A3 and rated its financial outlook stable. The upgrade was attributed to low leverage, cruise growth, stable finances and proactive capital plan management…
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard…
Avisar Paz, the chief financial officer of Israel Corp, will take over as the conglomerate's chief executive once its reorganisation is complete, the company said on Monday.Israel Corp is planning to spin off some of its less profitable…
Goodwood Ship Management, the Singapore based management company, is set to increase its fleet under management to more than 10 million deadweight tonnes, the company’s annual officers’ conference heard this week.Capt Ashok Sabnis, Goodwood Managing Director…
Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. announced today that they have entered a new vessel sharing agreement (VSA) to service customers in the Dominican Republic trade lane, while also changing their current VSA to Panama and Costa Rica…
UK-based maritime intelligence provider, Dryad Maritime has released its Q3 maritime crime figures which show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise…
Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers, won approval from U.S. maritime regulators for a planned vessel sharing pact, bringing it a step closer after a bid for a larger alliance failed.The…
AP Moller-Maersk CEO, Nils Andersen, delivered the keynote at today’s Danish Maritime Days forum in Copenhagen where he offered several keys to enhancing the maritime sector on a worldwide scale. Andersen called the ship purchasing market attractive for investors…
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years…
The Panama Canal Authority (ACP) received a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire. During the meeting, the Panama Canal Administrator provided an update on the Expansion Program and its impact on U…
Workers at Israel's state-owned Haifa Port ended their strike on Tuesday, a day after they walked off the job in protest at a government plan to build private, competing ports.A spokesman for the Chamber of Shipping said the port workers…
Summit Set for October 8, 2014 at UNO’s Lindy Boggs International Conference Center from 8:30 a.m. until 12:30 p.m.With a focus on educating and engaging community stakeholders on maritime jobs opportunities, the Board of Commissioners of…
ZIM Integrated Shipping Services Ltd. has announced the following changes to its Board of Directors: The Board of Directors of the company appointed Mr. Aharon Fogel as Excutive Chairman of the Board of Directors effective as of October 6…