Iran's Supreme Leader Ayatollah Ali Khamenei told military commanders on Sunday the United States had created the 'myth' of nuclear weapons to portray Iran as a threat, hardening his rhetoric before nuclear negotiations resume this week.Khamenei…
Evergas has appointed Steffen Jacobsen as CEO of the company as of 8 May 2015 Mr. Jacobsen joined Evergas 1 February 2015 as Vice President, Fleet after almost 35 years in Maersk. He brings a wealth of leadership experience in both commercial and technical management…
Reacting to recent declaration of the Group of Seven (G7) major nations' Foreign Ministers on maritime , China said “the situation of this region is generally stable, and relevant cooperation has been moved forward with positive results.” China…
According to Drewry Supply Chain Advisors, liner shipping service reliability on the three East-West trades showed an aggregate on-time performance of 64% in March - a five-month high. According to Carrier Performance Insight, the online schedule reliability tool provided by Drewry…
Pakistan, a country plagued by economic and political insecurity, to conclude the deal of eight conventional submarines during Chinese President Xi Jinping's visit to Islamabad on Monday (April 20), reports Bloomberg. This will help Pakistan gain the ability to fire nuclear weapons at sea…
London-based shipping advisors Drewry Supply Chain Associates said that shipping liner operators have made significant inroads into cutting CO2 emissions. In its April Logistics Executive Briefing for Importers and Exporters, Drewry Supply Chain Advisors concludes that “overall…
Global fixture activity for suezmax crude tankers rose in the first quarter by 5% year on year, with most of the activity coming out of West Africa. Suezmax fixtures out of the Caribbean rose by 48%, most of which headed to the US Gulf and East coast Panama…
Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's second 14000 TEU SAVER design containership and third delivery in 2015…
The Prime Minister Narendra Modi's 'Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the Shipping Ministry projecting a quantum jump in the volume of cargo and passengers moved through water transport…
Huntington Ingalls Industries (HII) today hosted Sen. James M. Inhofe, R-Okla., for a tour of the company's Newport News Shipbuilding division. The senator, a military veteran, also met over breakfast with sailors from Oklahoma serving aboard…
Caterpillar Marine has completed the acquisition of ESRG Technologies Group, LLC, a vessel monitoring and data analytics company in the marine industry. The acquisition includes ESRG’s software suite for the remote monitoring and diagnostics…
Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest. Hempel’s board of directors has initiated a search for a new CEO of the group…
Port of Seattle CEO Ted J. Fick has appointed Julie Collins as a member of the Port’s executive team, effective May 1. As senior director of public affairs, Collins’ portfolio will include government relations, community outreach, strategic communications and airport public relations…
MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first quarter 2015 order intake. South Korean…
Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane.Suited for commercial and recreational vessels, the E Series crane is available primarily in a 1,000-lb model with a 1…