People & Company News


Crowley Scholarships to Webb Institute Students

Oct 29, 2019

Crowley Maritime Corp. has awarded Thomas B. Crowley Sr. Memorial Scholarships to two seniors attending Webb Institute, a four-year college specializing in naval architecture and marine engineering.In making the award, the Webb scholarship selection committee honored Louis Bock of Pipersville…

Fincantieri Presents "Carnival Panorama" in Marghera

Oct 29, 2019

“Carnival Panorama”, the new ship of Carnival Cruise Line, a brand under Carnival Corporation & plc, the world’s largest cruise ship operator, was presented at the Fincantieri shipyard in Marghera (Venice) at the presence of the Italian Minister of Infrastructures and Transport Paola De Micheli…

Full Utilization of HMTF Passes in U.S. House

Oct 29, 2019

This evening the U.S. House of Representatives passed by a recorded vote the Full Utilization of the Harbor Maintenance Trust Fund (HMTF), H.R. 2440.  The vote was 296 in favor and 109 opposed.  The voting required a two-thirds super majority…

'eTug' Powered by Battery, Hydrogen Fuel Cell

Oct 29, 2019

Tokyo Kisen Co., Ltd. and e5 Lab Inc. have jointly developed the new concept design of “e5 Tug,” electric propulsion harbor tugboat powered by large-capacity battery and a hydrogen fuel cell.The e5 Tug is a harbor tug fully electrified and designed…

Unipec Resumes Using COSCO Tankers

Oct 29, 2019

China's Unipec has resumed using tankers owned by COSCO weeks after it suspended bookings due to U.S. sanctions on some of the Chinese shipping company's subsidiaries, trade sources said on Tuesday.Refinitiv data showed one COSCO owned tanker - belonging to a subsidiary not affected by the U…

CMA CGM Buys Stake in Wing

Oct 29, 2019

CMA CGM has taken a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.CEVA Logistics and Wing are entering into a major industrial and commercial partnership for the benefit of their respective customers…

Norway Rejects Prosafe-Floatel Merger

Oct 29, 2019

The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo-listed accommodation services player Prosafe in a press release said that it will study the decision in detail…

Milaha's 9-months Net Profit Up 5%

Oct 29, 2019

Qatar Navigation (Milaha) reported a 5% year-on-year increase in net profit to QR419mn in the first nine months of this year on account of the earnings expansion in its maritime and logistics business as well as gas and petrochem.The company's earnings-per-share was QR0…

Macquarie Doubles Gwynt y Môr Stake

Oct 29, 2019

Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional 10% stake for an undisclosed sum.MIRA has managed a 10 per cent stake in Gwynt…

Aalund Named International Propeller Club's President

Oct 28, 2019

Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club…

Diversity, Tech on Tap at WISTA Conference

Oct 28, 2019

A top hostage negotiator, the CEO of a company which supplies environmental products to ship owners and operators and the heads of two maritime technology firms are all part of an impressive line-up of speakers scheduled to speak at the 2019…

SSSY, Signal Ocean in Strategic Partnership

Oct 28, 2019

International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced that they have entered into a strategic partnership as investors to work together to bring high-impact technology solutions to the commercial ship management of dry bulk carriers…

Freight Forwarding Executive Guilty in Antitrust Case

Oct 28, 2019

Francis Alvarez, owner of a large freight forwarding company, pleaded guilty to an antitrust charge for her role in a multi-year, nationwide conspiracy to fix prices for international freight forwarding services, the Department of Justice has announced…

Crew Members: the Key to Greater Efficiency

Oct 28, 2019

Ship operators are placing greater recognition on the role crew members play as the key to reaching higher efficiency goals, according to crew specialist Danica, which is expanding to meet the growing demand for quality crew services.As part of its expansion plans…

Minesto Boosts Taiwanese Presence

Oct 28, 2019

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan.The renewed collaboration agreement with NTOU's…

Current News

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Legal Action Taken Following Spiridon II Livestock Deaths

Subscribe for Maritime Logistics Professional E‑News