Liberia has become the flag of choice for Greek ship owners and operators, securing the leading position for the first time in more than forty years since the early seventies. Figures produced by the Greek publication Shipping & Finance…
NewLead Holdings Ltd. announced today that the Company reached a full and final settlement with Ironridge Global IV ('Ironridge') on December 11, 2014 of all disputes between the parties. Pursuant to the settlement, the arbitration proceedings…
Jan Westerhoud, President of Europe Container Terminals (ECT), will step down and retire from the company effective January 1, 2015, the company announced today in a press release. This decision was made in consultation with main shareholder Hutchison Port Holdings Limited (HPH)…
The Government of British Columbia said it has listened to the truckers serving Port Metro Vancouver and has released its proposed rate structure, which will soon be brought into force, providing fair wages for these truckers plus other improvements moving forward…
Hutton’s customers in West Africa will receive up to a 50% tax saving.The international ship supply group has completed its company formation customs approval in Luba Freeport, Equatorial Guinea, which makes Hutton’s Remote Site Services, part of the Hutton’s Group…
McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports.The fast-food chain said it was importing more than 1…
Launching its most northerly Service Point in Tromsø, Norway, ABB Turbocharging reduces customer overhaul turn-around time from as much as one week down to a day.The launch of this Service Point on December 11, 2014 has allowed ABB Turbocharging…
The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups…
Peter Nielsen has been appointed by Inchcape Shipping Services (ISS) to the position of vice president for Africa operations. Nielsen joined the team this month and will support Mombasa-based senior vice president David Mackay with operations activity across the region…
United Arab Shipping Company (UASC), a leading global shipping company based in the Middle East has announced that it will open a wholly-owned representation in the Swiss market as of 1st of January 2015. UASC’s new agency in Switzerland (UASAC…
With more than 100 attendees Liebherr celebrated the inauguration of the new office in Lima City, Peru. The new office will play a significant role in the South American Market for mining and construction machinery. During the ceremony, guests…
The Gazprom Management Committee addressed the Company's large-scale efforts aimed at implementing the Eastern Gas Program.It was noted that the gas industry growth in Russia's East was strategically important for the socioeconomic development of eastern regions…
Inchcape Shipping Services (ISS), the world's leading maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert as Executive Vice President for North America region…
Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI).CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the…
BHP Billiton last night celebrated the shipment of its one billionth tonne of iron ore to China with customers, industrial associations, joint venture partners, suppliers and employees in Shanghai.BHP Billiton’s Chief Executive Officer…