Hatteras/Cabo Yachts, LLC has welcomed Wade Watson to the company. He has joined the company as chief operating officer, reporting directly to Hatteras President and CEO, John Ward. Wade will oversee daily operations at Hatteras’ manufacturing plant in New Bern…
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors has successfully been certified to European Standards EN 1090 – 1 and EN 1090-2. The certification program is part of the European Union’s Construction Products Regulation CPR 305/2011…
Following a long illness George Chao, a shipping legend in Hong Kong and president of Wah Kwong Maritime Transport, died, aged 76, in hospital. WAH Kwong Maritime Transport Holdings, established 64 years ago, is now one of the largest privately owned shipowners in Hong Kong…
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has agreed with the Royal Bank of Scotland plc (RBS) to amend certain financial covenants and terms to an existing term loan facility with an outstanding balance of US $73…
Shipping was not included in the global temperature-reduction targets agreed in the historic 2015 Paris Agreement on Climate Change, yet the shipping industry pledged to move forward “in the spirit of Paris,” says a report in the WSJ. There…
An International Maritime Organization (IMO) workshop is raising awareness of the organization’s regulatory regime dealing with improving energy efficiency and the control of GHG emissions from ships. Participants from Moroccan governmental departments…
Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term. PESA’s leadership is comprised of experienced industry…
Maersk Drilling, a unit of Danish conglomerate A.P. Moller-Maersk, will cut up to 140 jobs in Norway due to lack of work for two rigs, the drilling company said.The jack-up rigs Maersk Gallant and Maersk Inspirer are expected to have finished…
Anna Romberg has been appointed Vice President, Ethics and Compliance, Cargotec, in Corporate Audit and Assurance team as of June 2016. She is responsible for the newly established Ethics and Compliance function and will be leading the Compliance and Code of Conduct team…
Liquefied Natural Gas Limited announced staff reductions resulting in a more streamlined organisation having a lower, more sustainable fixed cost base. These changes reflect a combination of redundancy and restructuring measures while keeping…
State-run Korea Development Bank and other creditors are expected to extend their conditional debt rescheduling program for Hanjin Shipping Co. to stay afloat, reports Korea Herald. This move will give the struggling shipping company enough time to cover liquidity shortage on its own…
The Philadelphia Regional Port Authority Board has named Jeff Theobald, a veteran of the maritime industry, as its new Chief Executive Officer (CEO). Theobald, most recently the President and CEO for Ports America Outer Harbor Terminal, LLC…
Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete. Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long…
Maersk Line has signed a five-year carbon reduction pact with Huawei Technologies, a global leading telecom solutions provider and the world’s third largest mobile phone manufacturer. The key to Huawei’s success is positioning itself as an innovator and thought leader in its field of expertise…
Boating industry bikers from across the country are throttling up this weekend for the official launch of 'Pacific Coast Rush,' a week-long escorted motorcycle tour from Seattle, WA to San Francisco, CA, including a two-day swing down to Big Sur and Monterey…