First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activityMerger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total…
The CMA CGM Corporate Foundation for Children launches its second call for proposals intended for associations involved in the service of underprivileged children in the PACA region and in Lebanon.Founded in 2005 and chaired by Naïla Saadé…
Almost 50% of the shipping companies who took part in a maritime security survey carried out by GoAGT would only employ ISO/PAS 28007 certified companies. The leading maritime security company, which achieved this certification earlier…
Wallem Group has appointed Ioannis (Yanni) Stefanou as Global Technical Director of Wallem Ship Management to lead the business as it positions itself for continued growth. Stefanou will lead the Group’s technical teams in Hong Kong, Singapore and Europe (Hamburg) in delivering reliable…
Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said its quarterly profit fell by two-thirds as costs rose and six cruises were canceled or shortened due to several mishaps.Shares of the company, whose cruise lines include Royal Caribbean International…
Wesley D. Wheeler passed away on April 18 in Stamford, Connecticut. He was 80 years old. He was laid to rest in Cyprus Hills Cemetery in Brooklyn, N.Y.Wheeler was an active member of the marine community for 60 years. He lived and worked…
LOC Seoul opens, Korean country manager appointed London Offshore Consultants, a global company in marine and engineering consultancy for the shipping and offshore energy sectors, has further expanded its footprint in Asia, successfully registering…
Drydocks World & Maritime World group said it reiterated its commitment to Occupational Health & Safety during World Safety & Health Day on April 28, 2014. Several awareness programs and competitions were organized for employees on this day in Drydocks World…
Blank Rome apprises that its international shipping litigation practice, and attorney John D. Kimball have again been ranked in the 2014 edition of 'Chambers Global'. The international law firm explains that the qualities on which rankings were assessed include technical legal ability…
Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt is due in Paris to thrash out a deal to buy Alstom's global power arm. Siemens…
South Korean Prime Minister Chung Hong-won resigned on Sunday over the government's response to the April 16 ferry disaster. The Sewol ferry sank on a routine trip south from the port of Incheon to the traditional holiday island of Jeju…
This week the Maersk Group launches a computer game and teaching materials about oil exploration and oil production for Danish secondary schools, technical colleges and higher preparatory examination courses. The materials are available free of charge…
The U.S. Coast Guard of the Port New Orleans will establish a safety zone on the Lower Mississippi River, Above Head of Passes, from MM 93.5 to MM 95.5, in the vicinity of Jackson Brewery, New Orleans, La. This safety zone will be put into effect from 7:45-8:30 p…
The U.S. Navy reported that Cmdr. Patrick M. Foster of Severn, Md., relieved Cmdr. Thomas J. Dickinson of Whitehall, Mich., as commanding officer of Arleigh Burke-class guided-missile destroyer USS Barry (DDG 52) during a change of command ceremony held April 25…
Moore Stephens emphasizes high cost to shipping of environmental regulatory complianceInternational accountant and shipping adviser Moore Stephens said that finding enough money to remain compliant with environmental regulation is going…