Caterpillar Inc. announced today it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s…
Though the challenging market conditions in the container shipping industry continued to add pressure to Japan’s major shipping companies, turnaround seen as write-downs set to fizzle out, earnings forecasts upgraded, reports Nikkei. Nippon…
Kawasaki Kisen Kaisha Ltd (“K” Line) announced changes to executive officers. “K” Line has promoted Senior Managing Executive Officer Kazutaka Imaizumi to the position of chairman of “K” Line India Private Ltd., Executive Officer Aka Hiraoka to counselor of “K” Line Logistics Ltd…
As widely expected, the opening of the new, expanded locks at the Panama Canal in June 2016 has considerably impacted the ‘old Panamax’ containership sector, says a report by Clarkson Research Services. The displacement of these narrow beam vessels…
Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objections, the municipality said on Tuesday. The government…
OL International Holdings LLC (OL International) has promoted Carrie Murphy to Chief Commercial Officer of OL USA (formerly TTS Worldwide). Murphy joined TTS Worldwide in 2012, playing a key part in the growth of the company and its rebranding as OL USA…
Having been an independent marine surveyor and consultant for many years, author and educator Mike Wall has based his new book Marine Surveying and Consultancy – An Introduction on experience.Primarily aimed at those wishing to become independent marine surveyors and consultants…
Marlins, V.Group’s training business and Human Rights at Sea collaboration on a Diversity and Inclusion at Sea e-learning course is now available and being offered free of charge to individual seafarers for a limited time via Marlin’s online shop…
ICHCA International, the global cargo handling NGO, will co-host a seminar, “Safety in the Intermodal Supply Chain: Promoting the IMO/ILO/UNECE Code of Practice for the Safe Packing of Cargo Transport Units” in Brussels, February 27, as part of European Shipping Week…
Greece has given investors until March 24 to submit binding bids for a majority stake in its second biggest port, Thessaloniki Port, two sources close to the matter said on Tuesday.The sale of the 67 percent stake in the port and other privatisations…
InterManager, the trade association for in-house and third party ship managers, together with The Warsash Maritime Academy, has presented the findings of its fatigue study, Project MARTHA, to The International Maritime Organization (IMO).Speaking at the presentation last night…
Broward County's Port Everglades will move forward with a public-private partnership with the Port Everglades International Logistics Center, LLC (PE-ILC) for the design, construction, financing, operation and maintenance of a new logistics center at the Port…
International law firm Watson Farley & Williams (“WFW”) has advised Turkey-based cruise port operator Global Ports Holding (“GPH”) on the acquisition of stakes in companies managing cruise terminals in Italy.Specifically, GPH acquired stakes in the companies managing the Cagliari (Sardinia)…
2017 will be a tough year for LNG shipowners as rates are expected to remain under pressure, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. This year has started on a positive…
Shipping group CMA CGM has announced the new service offer TURAF EXPRESS which directly links Turkey, Tunisia and Libya via Malta. It is the first CMA CGM line to offer a direct connection between Northern Turkey (Istanbul, Gemlik and Aliaga)…