SBS Worldwide promoted their U.S. CEO Lars Kloch to CEO – Freight Division, expanding his existing U.S. role to take responsibility of their global freight operations. Kloch takes up the role with immediate effect and will become responsible…
Great Lakes Dredge & Dock Corp reporte financial results for the final quarter and year ended December 31, 2012.Revenue increases in the quarter included: ◦ 123% increase in domestic capital dredging revenue driven by deepening work…
Maersk Line intend to take measures to avoid a repetition of the ocean container shipping 'rate wars' of previous years.With a capacity of 18,000 20-foot containers, the Triple-E will be the largest container ship ever built. Maersk acknowledges…
The world’s largest message-in-a-bottle will be released shortly, 200 nautical miles off the coast of Tenerife, Canary Islands.The bottle constructed by the owner of Norwegian company Koeningsegg is registered as a boat, and will be tweeting…
Mercator Lines has signed a share purchase agreement for the sale of its 81% stake in Target Ship Management.The sale of its 81% stake in the Company comprised 426 ordinary shares and realised SGD 128,709.00 in cash. Following the disposal…
The new Wärtsilä Innovation Node is situated at the heart of the Aalto University campus in Espoo, Finland. Wärtsilä' recently opened Innovation Node brings business experts, students and researchers to the same venue to stimulate creativity…
The Maritime Labor Convention 2006, sponsored by the International Labor Organization (ILO) and better known as MLC 2006, will enter into force on August 20, 2013. It has been ratified by 35 nations as of the date of the preparation of this article…
Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, announced that Ron Person has joined its North American operations as director of business development for oil and gas.In his new role, Person will be responsible for…
Dan-Bunkering (Singapore) Pte Ltd. has appointed Jefferson Chan, 34, as Marine Purchase Manager as of 1 March 2012.Jefferson is in possession of thorough knowledge within the practical side of bunkering, and furthermore he has six years of experience from working for a physical supplier…
NOL Group has announced the appointment of Senior Counsel Mr Alvin Yeo to its Board of Directors. Subject to shareholders’ approval at NOL’s Annual General Meeting on 18 April 2013 (“AGM”), Mr Yeo, Senior Partner at WongPartnership LLP…
Bunker Holding is pleased to announce that as from 1 January 2013 Linda Goh has been appointed as Regional Credit Manager - Asia. Linda has more than 14 years of experience in credit management and analysis in the Asian and global markets…
A Chinese shipping firm is planning the country’s first commercial voyage through the Northern Sea Route, summer 2013.By 2020 as much as 15 percent of the country’s international trade can be shipped through the Arctic, reports the Barents Observer…
Bureau Veritas to acquire Sievert Group, a leading provider of non-destructive testing & inspection services, notable for oil & gas pipelines work.Established in 1986, Sievert has developed a comprehensive suite of services meeting the needs of industrial sectors…
Port of Long Beach (POLB) terminals saw a dramatic 37% increase in cargo in February 2013 compared to same month last year.The terminals moved 36.6 percent more containers compared to the same month one year ago ― including a nearly 46 percent surge in imports and a 17…
FRC International is running the first programme of ‘Back To Back’ Whole Boat Vibration (WBV) courses in Canada this April.The lead for these courses is the Canadian Coast Guard and the Canadian Navy, being part of a move to improve sea safety…