Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited resigned on December 28, 2015, the Company’s Board of Directors was comprised of two Class II directors…
China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port…
Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda) today announced the enhancement of its Asia and East Coast South America trade by merging existing CSW and SW2 services to form a new CSW service. The existing CSW and SW2 services…
Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014. The liquefied natural gas (LNG) shipper said the higher earnings compared with RM2…
The crew of a Singapore-registered container vessel, Safmarine Kuramo, hijacked off the Nigerian Coast earlier this week, were released unharmed on Saturday (Feb 6) following efforts by Nigerian authorities. All 25 crew members on board…
The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry, says a report in the WSJ. The merger will free the…
India’s naval might was on full display off the coast of Visakhapatnam today (Saturday) as President Pranab Mukherjee reviewed the naval fleet. Mukherjee, the Supreme Commander of the Armed Forces, was accompanied by Prime Minister Narendra Modi and Defence Minister Manohar Parrikar…
According to AFP Relaxnews, Panama saw the most growth in interest among the world’s richest jetsetters for travel this winter and spring. Panama saw the most significant growth in bookings —107 per cent — compared to the previous year for the travel period between January and March of 2016…
The Pacific Merchant Shipping Association (PMSA) announced the hire of Carl Kemp as a Vice President based in the organization’s Long Beach office. Kemp brings more than 20 years of experience in government and public affairs. Most recently…
Global Diving & Salvage President and CEO Devon Grennan and VP of Quality Assurance Jennifer Jensen have received the Patriot Award from the Office of the Secretary of Defense, Employer Support of the National Guard and Reserve in acknowledgement…
Bunker trading company Dan-Bunkering has announced the employment of Morten Dehn as the company’s new Group Key Account Manager and Jane Bisgaard as Group Financial Business Partner. Dehn is 44 years old and is, among other things, in possession of extensive knowledge within fuel procurement…
Salvare Worldwide, specialists in the design, manufacture and supply of safety and survival equipment to the military, water sports, commercial and leisure marine industry, have just announced its recent appointment of Mark Rees as Sales Director…
The Princeton Review’s annual college rankings place State University of New York Maritime College among the top 10 in the nation for career placement after graduation.This year, SUNY Maritime came in seventh place. The college for years…
Sylvain Robitaille has been named Regional Sales Manager.Reflecting the growing volume of shipbuilding projects and expansion of its customer base in the region, Schottel has opened a new sales office in the Quebec City, Quebec area. Schottel Canada…
Recently, the World Health Organization designated the Zika virus as a global public health emergency. This has prompted questions from the maritime industry regarding reporting requirements for any vessel crewmembers or passengers who may be exhibiting symptoms of the Zika virus…