People & Company News


Piraeus Port Beefs Up Investment Plan, Awaits Greece's Approval

Sep 04, 2019

Piraeus Port Authority (PPA), operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbours, a government spokesman said on Wednesday.PPA, majority owned by China's COSCO Shipping…

Cammell Laird Appoints New QA Manager

Sep 04, 2019

Merseyside UK shipyard and engineering services company Cammell Laird has appointed a new quality assurance manager to forge closer relationships with suppliers and bring best practice from other industries to his new role.Gordon Maxwell is…

Masahiko Furuichi Named IAPH Secretary General

Sep 04, 2019

The International Association of Ports and Harbors (IAPH) appointed Dr. Masahiko Furuichi as IAPH Secretary General, succeeding Mr. Susumu Naruse, as of 1 September. He has officially taken office.Dr. Masahiko Furuichi is not new to IAPH.  Since 2006…

TOP Ships Revenues Up by 51% for H1 2019

Sep 03, 2019

The international owner and operator of modern, fuel efficient 'ECO' tanker vessels TOP Ships announced that its total revenues increased by 51% to $29.8 million for the six months ended June 30, 2019 compared to $19.7 million for the same period in 2018…

ZIM Intros New Digital Tools

Sep 03, 2019

Israel-based container shipping line ZIM Integrated Shipping Services announced the official launch of its new 'Powered by Our Customers' approach.As ZIM moves forward with the development and implementation of new digital tools, the cargo line is embarking on an innovative new concept…

Safe Bulkers Slips to Q2 Loss

Sep 03, 2019

Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers reported a net loss for the second quarter, contrary to the market’s expectations for profit.The net revenue at USD 45.5 million for Q2 was hurt by a 3% decline from the second quarter of 2018…

Trump warns China Against Trade Talk Delays

Sep 03, 2019

U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…

Carnival Partners with UWF for Interactive Training

Sep 03, 2019

Company’s CSMART Academy teamed up with UWF’s Innovation Institute to launch training course for environmental officers that started in August 2019. Combining UWF’s specialty in challenge-based learning with CSMART Academy’s award-winning faculty…

SMM 2020 Publishes Maritime Industry Report

Sep 03, 2019

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's…

Grindrod Sells NWK Stake

Sep 02, 2019

South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment…

PSA International Acquires Penn Terminals

Sep 02, 2019

Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…

Turkish Steel Giant in Logistics Pact with MOL

Sep 02, 2019

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and…

India's DG Shipping Completes 70 Years

Sep 02, 2019

The Directorate General of Shipping of India celebrate its 70th Foundation Day today, the 3rd September, 2019. Minister of State for Shipping Mansukh Mandaviya will launch the celebrations at an event in Mumbai.The Directorate General of Shipping…

BPA Welcomes Infrastructure Funding Scheme

Sep 02, 2019

The British Ports Association has welcomed the announcement by the UK Government that there will be a new grants scheme for infrastructure modification at UK ports should there be a ‘no-deal’ Brexit but has stated a deal was the best way to avoid potential disruption at ports…

MSC Germany Appoints Nils Kahn as MD

Sep 02, 2019

The global container shipping  MSC Germany S.A. & Co. KG is reallocating the responsibilities at the top of the company.Accoridng to  a press release the current Deputy Managing Director Nils Kahn, will take the lead for the German market as of 1st September 2019…

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