People & Company News


@ Glosten: “Crazy ideas are not off the table”

Jan 27, 2020

From racing scows on the inland lakes of Minnesota to graduating from the United States Merchant Marine Academy to taking the helm of Glosten, Morgan Fanberg has led a ‘maritime life.’ We caught up with Fanberg in his Seattle office to discuss the path ahead for one of the U…

UHL Takes-over Nine F900 Vessels

Jan 26, 2020

The German shipping company United Heavy Lift (UHL)  Hamburg has taken over a modern Heavy Lift fleet of nine eco-friendly F900 newbuildings.The vessels each have a cargo capacity of 14,100 dead-weight tonnes and are capable of lifting loads of up to 900 tonnes…

Exmar Secures FLNG, VLGC Financing

Jan 26, 2020

Belgium-headquartered manager of specialized floating assets Exmar said that China Export Credit Insurance Corporation (Sinosure) approved the release of $40 million from the debt service reserve account under the TANGO FLNG loan facility.The…

2019 Shipping Grows for Port of Green Bay

Jan 24, 2020

Port of Green Bay reports continued growth in 2019.The 2019 shipping totals were the highest since 2007 during a period that saw the highest tonnage in the past 30 years; 2006 saw 2.55 million tons shipped through the port. The common denominator during both periods of time is a robust economy…

DP World Acquires 44% Stake in Swissterminal

Jan 23, 2020

Dubai-based global ports operator DP World has taken a 44% stake in Frenkendorf-headquartered Swissterminal Holding, the container terminal operator in Switzerland.The parties have agreed not to disclose financial details of the transaction…

Europa O&G Seeks Partners to Drill Offshore Irish

Jan 23, 2020

The big Irish Atlantic oil and gas ambitions of Europa Oil & Gas Plc faced a setback as an unnamed sector ‘major’ walked away from farm-out talks Europa for three wholly-owned frontier exploration licences off Ireland.'The major has now informed the company that…

OSV Orion Fueled with LNG in Germany

Jan 23, 2020

The world’s largest LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s next generation offshore installation vessel Orion, this first such ship-to-ship bunker transfer at the Port of Rostock.Orion is currently at the Liebherr construction yard in the Port of Rostock…

Hamburg Süd’s Chief Commercial Officer to retire

Jan 23, 2020

German container shipping company Hamburg Süd said its Chief Commercial Officer (CCO) Frank Smet will retire at the end of March after roughly 27 years with the company.Smet, who has been working in the shipping industry for over 40 years – including in Brazil…

Nestlehutt tapped to lead SCI

Jan 23, 2020

The Seamen’s Church Institute of New York & New Jersey (SCI) selected Rev. Mark S. Nestlehutt as its new President & Executive Director, succeeding the Rev. David Rider, effective February 18, 2020.With more than two decades of church experience in Massachusetts…

Chembulk Tankers Announces Leadership Changes

Jan 22, 2020

Chembulk Tankers announced on Wednseday that Bart B. Kelleher has taken over as Chief Executive Officer for David Ellis, who has resigned for personal reasons. Ellis will be available to the company through January 31, 2020.Kelleher has held…

Yilport Orders Automated RTG Systems

Jan 22, 2020

Cranes manufacturer Konecranes reports it booked an order in December 2019 with Yilport to deliver automated rubber tired gantry (RTG) crane systems to three of Yilport’s European container terminals, including two in Portugal and one in Sweden…

New Program Cracks Down on Wildlife Trafficking

Jan 21, 2020

The Institute of Chartered Shipbrokers has celebrated 100 years since the granting of its Royal Charter by unveiling plans for a training program to help port workers and surveyors spot the signs of wildlife trafficking in the maritime supply chain…

New LNG Bunkering & Fuel Supply System Simulator

Jan 21, 2020

Wärtsilä has launched a new LNG Bunkering & Supply System simulator. The simulator will promote greater safety on board liquefied natural gas (LNG) fueled vessels by improving the level of training for operators of LNG systems. The design is…

Two Mobile Harbor Cranes Arrive at Port of Brownsville

Jan 21, 2020

Two new mobile harbor cranes arrived at the Port of Brownsville, in Texas.On January 16, the cranes arrived at the port onboard the 393-foot long specialized cargo carrier M/V BBC ASIA.The Brownsville Navigation District ordered the Konecranes…

DP World Takes 44% stake in Swissterminal Holding

Jan 21, 2020

Dubai state controlled port operator DP World has taken a 44% stake in Swiss container terminal operator Swissterminal Holding AG.The Mayer family, who founded the business, will remain a majority shareholder, a statement from the company said…

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