Proman Shipping AG and Stena Bulk AB announced a new Joint Venture partnership for 50/50 ownership of two long term time-chartered ships, under the name ‘Proman Stena Bulk Limited’.
Maersk completed its first import shipment to Sambalpur from the Inland Container Depot (ICD) in Jharsuguda (Odisha). The shipment carrying 80 TEUs was delivered to Shyam Metalics. Whilst a few of the top customers in the region have already…
A new exhibition, Nordic Maritime Expo 2020, is set to take place in Turku, Finland, January 22-23, 2020.Billed as a presentation of the latest digital and clean tech ideas, Finland touts itself as the heart of global digitalization and green technical developments…
Yara, a Norwegian based scrubber supplier announced a change of leadership as Dr. Thomas Koniordos was introduced as the company’s new CEO. Koniordos, who up until September 18, served as Yara’s Head of Environmental Solutions, and also as Chairman of the Yara Marine Board…
Ship Management company Minerva Marine intends to invest in one of the latest industry digital technology solutions for the real-time monitoring of its fleet. RINACube, RINA’s digital platform, will be deployed on Minerva’s fleet, to enhance operational efficiency and effectiveness by enabling…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining demand for the panamax vessel segment.* The Baltic index, which reflects rates for capesize…
ZEAMARINE said Chad Call will succeed Michael Dumas as Chief Financial Officer with immediate effect. An experienced financial executive, Chad Call has nearly a decade of financial leadership experience within the maritime industry, most recently serving as Vice President of Finance for ZEAMARINE…
Bernhard Schulte Shipmanagement (BSM) announced the launch of its LiveFleet mobile app, available on iOS and Android.Developed in partnership with software experts at MariApps Marine Solutions, also member of the Schulte Group, LiveFleet is…
Golar LNG Limited said that, after almost 20 years of service with the Golar group Graham Robjohns has decided to step down from his position as Chief Financial Officer. In order to facilitate a smooth transition, Robjohns will remain in his current position until April 30…
Connecticut-based maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics. Watson Farley & Williams (WFW) advised FDX Offshore on its acquisition.The partnership intends to expand its chemical tanker…
The Port of Vancouver USA supported more than 24,000 jobs in the region in 2018, an increase of nearly 4,000 jobs since 2014, according to an independent analysis by Martin Associates. The study calculated the economic benefits tied to the…
The Netherlands-based tank storage company Royal Vopak has completed the divestment of its terminals in Amsterdam and Hamburg to First State Investments. The divestment was announced on 5 April 2019.The total agreed transaction value of the…
NYK has conducted the world’s first Maritime Autonomous Surface Ships (MASS) trial performed in accordance with the IMO’s Interim Guidelines for MASS trials* as the company begins tests to realize its target of manned autonomous ships** for safer operations and a reduction in crew workload…
With the successful start an important milestone has been reached in the execution of the contract to operate the tugboat fleet for Fortescue Metals Group (Fortescue) in Port Hedland, a bulk export port on Australia´s west coast. The fleet consists of eight new ART 85-32W and one RT80-32 Rotortugs…
Keppel Telecommunications & Transportation (Keppel T&T) has entered into agreements to divest its entire stakes in Keppel Logistics (Foshan) Co (KLF) and Keppel Logistics (Hong Kong) to Sinoway Shipping, a subsidiary of Sinotrans Limited, for about S$39 million…