Denmark-based product tanker company TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders to refinance its debt and bolster its capital structure.The carrier of refined oil products said the total amount…
On an unseasonably warm October day in San Francisco, hundreds gather in the Dogpatch district to hear about the latest innovations in ocean conservation and science. Bubble barriers to trap plastic in river mouths and portable DNA scanners…
Trelleborg has acquired Signum Technology Ltd. The acquisition of Signum and its subsidiary companies Gall Thomson, KLAW LNG, KLAW Products, and Vee Bee Filtration., provides safety-critical solutions for flow control applications, including…
The joint venture between Fincantieri and Naval Group, held its first board meeting for Naviris. Through Naviris, Fincantieri and Naval Group are pooling their strengths to develop a new strategic capability and respond in an innovative way to the needs of their customers…
Nor-Shipping has appointed Sidsel Norvik to the new role of Commercial Director. Norvik joins following a stint as CEO of Energy Show Norway, two decades as Commercial Director for Upstream, and 10 years with Recharge, a news platform for renewable energy…
ONE SEA has appointed Capt Eero Lehtovaara as its new Chairman. Lehtovaara, a Master Mariner and Associate Fellow of the Nautical Institute, is Head of Regulatory & Public Affairs at ABB Marine & Ports.He brings a wealth of experience to the…
The American Maritime Partnership (AMP) has announced the election of new leadership for the organization. Michael Roberts becomes the new president, with Matt Woodruff as vice president alongside Ku’u Park as treasurer and Matthew Paxton as secretary…
A London arbitration court has ordered Djibouti to restore DP World's right to operate the Doraleh Container Terminal as detailed under a 2006 concession deal within two months or pay damages, the state news agency WAM reported on Tuesday.The…
South Korean logistics major Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.According to BusinessKorea HMM will put into operation a total of 12 24…
Huntington Ingalls Industries (HII) announced that Teckie Hinkebein has joined its corporate communications team as a manager of media relations. She will report to Beci Brenton, corporate director of public affairs.“Teckie brings more than…
Portland Port’s 2020 cruise season is expected to grow again this year with greater number of cruise calls and passengers.For more than 10 years this has been the general pattern, with numbers increasing from just three ships in 2000 to the 46 that are expected this year…
Shoreham Port has appointed Tom Willis as Chief Executive following the departure of Rodney Lunn, who left the port in mid-December of last year.Willis previously worked with Heathrow Airport for 8 years, joining the organisation during the…
BIMCO has appointed David Loosley as its new Secretary General & CEO with effect from June 2020. Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST), which he led for the last eight years.Prior to joining IMarEST…
SAL Heavy Lift and owners Harren & Partner have appointed Claas Matthies, Managing Director, as the new group Chief Information Officer (CIO). Matthies takes on the leadership of the group’s digital strategy combined with responsibility for Group Accounting and Merger & Acquisition activities…
Mitsubishi Shipbuilding Co., Ltd. held a christening and launch ceremony for the second of two passenger/cargo ferries currently under construction for Hankyu Ferry Co, Ltd.The new vessel, named Yamato, is being constructed at the Shimonoseki…