Tankship & terminal storage owners/operators Odfjell also noted significant losses at their Rotterdam terminal in its Q4 2012 report.Jan A. Hammer, President/CEO Odfjell SE comments on the financial report as follows:The chemical tanker market improved seasonally towards the end of the year…
Port of Long Beach report surge in January container volumes, while those at Port of Los Angeles were slightly down.Up – Port of Long Beach Cargo volumes at the Port of Long Beach surged in January with 17.5 percent more containers overall…
Third annual Cruise Shipping Asia-Pacific Conference to meet in Singapore, October 8-10, 2013.The two-day annual Cruise Shipping Asia-Pacific conference provides an opportunity to assess the pace and direction of growth in the world’s newest and growing cruise sector…
Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results.Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…
Long recognized during annual Industry Breakfast at Progressive Insurance Miami International Boat Show & Strictly Sail. The National Marine Manufacturers Association (NMMA) today honored Bob Long, Owner and CEO of Marine Concepts, with the 2013 Alan J…
Each year, the American Society of Naval Engineers (ASNE) celebrates excellence in naval engineering by recognizing individuals who have demonstrated exceptional achievement in one or more facets of the industry.ASNE is pleased to announce…
Drydocks World & Maritime World today announced the institution of an employee award scheme to recognize performance excellence among its staff. The award which recognizes an employee’s commitment & work ethic in embracing the challenges…
We are pleased to announce that as from 1 February 2013 Jan Eckhoff, 37, has been employed as Chief Accountant with Dan-Bunkering.Jan has several years of experience both within accounting and management, and will be a part of the accounts department in the company’s head office in Middelfart…
Navis SPARCS N4 Terminal Operating System (TOS) reaches critical milestone with 100 terminals globally. Navis, a part of Cargotec Corporation and the global technology standard for managing the movement of cargo through terminals, has reached…
Wärtsilä and Nordic Investment Bank sign a EUR 50-million loan agreement to support Wärtsilä's R&D activities.The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term…
Kurt Nagle, president & CEO of the American Association of Port Authorities (AAPA), comments on President Obama's address.Mr. Nagle remarked as follows:“AAPA was extremely pleased that President Obama mentioned the value and need for…