People & Company News


THE Alliance Welcomes HMM

Jan 16, 2020

The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance…

Blue Water Opens Office in Italy

Jan 16, 2020

Having provided logistics solutions to Italian clients for many years, and looking to develop this business further, Blue Water Shipping has established an office in Milan.The new office will initially focus on serving clients in the oil and gas…

Crowley Realigns Its Marine Services Group

Jan 15, 2020

US-based Crowley Maritime Corp. announced on Wednesday that it has realigned its marine services organization and introduced new leadership.In a move that aims to provide better support to customers, Crowley Marine Services, part of the company’s shipping arm…

Gozali to Head RAFAEL Land and Naval Arms

Jan 15, 2020

RAFAEL Advanced Defense Systems Ltd. has appointed  EVP Dr. Ran Gozali as head of the company’s Land and Naval Systems Division. Dr. Gozali is replacing Moshe Elazar who has been appointed as CEO of Aeronautics, recently purchased by RAFAEL and Avichai Stolero…

Eagle Bulk Joins Decarbonization Coalition

Jan 14, 2020

The US-based dry bulk carrier Eagle Bulk Shipping has joined industry group the Getting to Zero Coalition.The group is an alliance of over 90 companies within the maritime, energy, infrastructure, and finance sectors which are committed to the decarbonization of deep-sea shipping…

IRClass Foreign Flag Fleet Reg. Up 16%

Jan 14, 2020

The Indian Register of Shipping (IRClass) said that the classed fleet registered approx. 3% growth in the past year.The ship classification society said that its foreign flag fleet continued to grow at a robust pace with 16% more vessels added…

TORM Secures $496M for Debt Refinancing

Jan 14, 2020

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…

SMTP Helps to Power Future Ocean Tech

Jan 14, 2020

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 Acquires Signum Technology

Jan 14, 2020

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…

Fincantieri, Naval Group JV Starts

Jan 14, 2020

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 Appoints Norvik

Jan 14, 2020

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 Appoints Lehtovaara Chairman

Jan 14, 2020

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…

AMP Announces New Officers

Jan 14, 2020

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…

Court Orders DP World's Rights Restored for Doraleh Port

Jan 14, 2020

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…

HMM to Launch Mega-Ships in April

Jan 13, 2020

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…

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