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CMA CGM Stays in Red, Pays Back NOL Takeover Loan

Nov 18, 2016

CMA CGM, the world's third-largest container shipping company, posted on Friday another net loss in the third quarter as freight rates remained weak and it integrated Singapore-based NOL, its biggest-ever acquisition. The sector was showing…

NYK Buys Stake in NY/NJ's Largest Terminal

Nov 18, 2016

NYK subsidiary NYK Ports, together with Macquarie Infrastructure Partners III (MIP III), has invested in Maher Terminals, which operates a terminal in the U.S. port of New York and New Jersey. On November 16, 2016, NYK Ports acquired a 20 percent share of Maher…

INTERTANKO Reelects Tsakos as Chairman

Nov 18, 2016

Dr. Nikolas Tsakos of Tsakos Energy Navigation Ltd. was reelected for two further years by the INTERTANKO Council who met this week in London.  The Council members also engaged in dialogue with the IMO Secretary General, Kitack Lim, as well as the Rt Hon John Hayes CBE…

Sea Tow Presents Franchise Awards

Nov 18, 2016

Sea Tow Services International, Inc., a professional on-water assistance provider, honored members of its national network for outstanding customer service and dedication to boating safety at the Sea Tow Awards Luncheon held on November 17.…

National Waterways Foundation Elects Mecklenborg as Chairman

Nov 18, 2016

At its November 15, 2016 meeting in Cincinnati, the National Waterways Foundation (NWF) elected the following Trustees and Officers.Trustees:Dan Mecklenborg, Senior Vice President, Chief Legal Officer and Secretary, Ingram Barge Company…

Maritime Safety Research Center Opens

Nov 18, 2016

The Maritime Safety Research Center (MSRC) is an industry-university partnership, involving Strathclyde's Department of Naval Architecture, Ocean & Marine Engineering, Royal Caribbean Cruises Ltd (RCCL), and DNV GL. The world’s first center of its kind…

Viega Names Debnath VP, Sales and Marketing

Nov 18, 2016

Viega LLC has hired Sean Debnath as its new vice president of sales and marketing, responsible for overseeing and managing Viega’s sales, marketing, inside sales, customer services and customer relations departments. Debnath has more than 20 years of industry experience…

Waterways Council Elects Parker as Chairman

Nov 18, 2016

As its Annual Meeting and Board of Directors Meeting in Cincinnati on November 15, 2016, Waterways Council, Inc. (WCI) named Tim Parker, President of Parker Towing, as its Chairman of the Board. Parker succeeds Merritt Lane, President and Chief Executive Officer…

ISS Opens New Head Office in London

Nov 18, 2016

Maritime and logistics service provider Inchcape Shipping Services (ISS) has officially opened its new head office in London.Based in Fenchurch Street in the heart of the City, the new office for ISS’ leadership team has been opened to bring…

Clean Arctic Alliance Response to Arctic HFO Ban

Nov 18, 2016

Responding to reports that the Association of Arctic Expedition Cruise Operators (AECO) had reconfirmed its support of a ban on heavy fuel oil (HFO) from Arctic shipping during its annual general meeting, Clean Arctic Alliance advisor Dr Sian…

NYK Scholarships Offered in China

Nov 18, 2016

During the month of November, NYK offered scholarships to 78 outstanding Chinese students in two universities in China. This was the 16th consecutive year for NYK to demonstrate its corporate social responsibility (CSR) through the company’s dedicated support of maritime education…

YANMAR Breaks Ground on US Training Center

Nov 17, 2016

Federal, state and local officials joined together with YANMAR America and its honored guests on November 16, 2016 to officially break ground on the new YANMAR America Training and Experience Center located in Acworth, Ga. “Customer service is a top priority for our company…

Crowley Honors Employees Eisenhart and Hilburn

Nov 17, 2016

Crowley Maritime Corporation’s Jeannie Eisenhart, director of talent acquisition and employee services, and Bleu Hilburn, director of logistics business development, have been honored with 2015 Thomas Crowley Awards, the company’s highest honor for its employees…

Ludwig Named Coast Guard Foundation President

Nov 17, 2016

Susan P. Ludwig will replace Anne B. Brengle as president of the Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families. Ludwig, presently Regional Director of Philanthropy…

Alphatron Marine Opens Office in Belgium

Nov 17, 2016

Alphatron Marine said it has acquired a new office and warehouse space in Zwijndrecht, Belgium to serve customers in Belgium and France. The new location – operational since September and officially opened on November 9, 2016 – replaces the company’s existing Meerdonk office…

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