Latest News - page 434


Philly Shipyard CFO Brian Leathers Passes Suddenly

Aug 11, 2020

Philly Shipyard announced the unexpected death of its chief financial officer, Brian Leathers, age 60. “It is with great sadness that we share the news of Brian’s passing, and our entire organization mourns his death. Brian was a well-respected colleague and friend to many…

Mahoney Named President and CEO of Westwood Shipping Lines

Aug 11, 2020

Longtime Maersk executive Jack Mahoney has been named president and CEO of Westwood Shipping Lines, Inc., a Puyallup, Wash. based independent conbulk liner carrier in the north Transpacific trade. He succeeds Guy Stephenson who is retiring after 13 years in the role…

Beirut Container Terminal Resumes Operations

Aug 11, 2020

Container lines have resumed calls to Beirut after last week's explosion, with the terminal having sustained only minor damage, leading companies said on Tuesday.The August 4 blast in Beirut's port, which killed more than 160 people and injured 6…

Who Owned the Chemicals that Blew up Beirut? No One Will Say

Aug 11, 2020

In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital…

Brokers Calculate Marine Insurance Losses from Beirut Blast

Aug 10, 2020

Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday.Overall insured losses…

IMO Updates Virtual Meetings Calendar

Aug 10, 2020

The International Maritime Organization (IMO) has published its remote meetings calendar for the rest of 2020 after its initial agenda of IMO Council and Committees sessions was scrapped due to the coronavirus pandemic.The first scheduled meeting is set to be a simultaneous…

PDVSA Changes Oil Deals to Include Shipping as Sanctions Bite

Aug 10, 2020

Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions, according to company documents seen by Reuters…

Svitzer Announces Leadership Changes

Aug 10, 2020

Towage operator Svitzer announced Monday that effective September 1, 2020, Lise Demant will leave her role as global chief commercial officer and take up the position of managing director for Svitzer’s Europe region, succeeding Kasper Friis Nilaus…

Libya's NOC Warns of Dangers at Oil Ports

Aug 10, 2020

The chairman of Libya's National Oil Corp (NOC) on Saturday warned against the risk of a disaster at the country's oil ports due to a growing military presence with storage tanks held at capacity for months due to a blockade.'Oil ports are closed…

World of Ports V2.0 Released by Inchcape

Aug 10, 2020

Having redeveloped its World of Ports portal from the ground up over the last 18 months, Inchcape Shipping Services has rolled out the first release of Version 2.0 focusing on Port Data and ship-to-berth compatibility. VP of Sales & Product…

Opedal Tapped for Top Spot at Equinor

Aug 10, 2020

The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology…

Beirut Blast a Wake-up Call on Dangers of Ammonium Nitrate

Aug 07, 2020

The devastating explosion in Beirut should be a wake-up call for countries on the dangers of ammonium nitrate, which caused the blast, experts say.Lebanese authorities said 2,750 tonnes of the industrial chemical had been stored for six years at Beirut port without safety measures…

Port Manager Among 16 Arrested in Beirut Blast Probe

Aug 07, 2020

Lebanese authorities have arrested 16 people in an investigation into the Beirut port warehouse explosion, state news agency NNA said on Thursday, and a judicial source and local media said the port's general manager was among those being held…

Jamaica Opens for Crew Changes and Repatriations

Aug 07, 2020

In order to enable crew changes, the Government of Jamaica (GOJ) has listed seafarers among the class of “essential workers” under its Disaster Risk Management Act and has put in place measures to speed up the transit of registered seafarers through its borders…

CMA CGM Says Missing Beirut Staff Member Died

Aug 06, 2020

Container shipping group CMA CGM said on Thursday that one of its staff who was missing after an explosion that ripped through Beirut port on Tuesday has died.The French-based company in a statement said that two of its staff in Beirut were seriously injured and many slightly hurt…

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