People & Company News


Fourth Global Regulatory Summit Held at FMC

Jul 26, 2019

Senior government officials from the European Union (EU), the People’s Republic of China (PRC), and the United States met Wednesday at the Washington, D.C. headquarters of the Federal Maritime Commission (FMC) to participate in the Fourth Global Regulatory Summit…

GTT Reports Strong H1 Order Book

Jul 26, 2019

French liquefied natural gas (LNG) containment system specialist GTT has posted a strong first-half order intake at the end of June corresponded to revenues of 713 million euros over the 2019-2022 period in its core business, which excludes LNG vessel propulsion systems and related services…

NYK-Fil Celebrates Its 30th Anniversary

Jul 25, 2019

NYK-Fil Ship Management, the provider of qualified Filipino seafarers to international-going vessels of NYK Line, held a ceremony in Manila to celebrate the 30th anniversary of the company’s establishment and the completion of a renovation of the head office…

Vigor, MHI Acquired and Merged

Jul 25, 2019

In one a dramatic U.S. shipbuilding and repair move it was announced today that The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management signed a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastructure…

Lloyd’s Maritime Academy Courses Qualify for MATF Funding

Jul 25, 2019

Lloyd’s Maritime Academy announced that people living and currently working in Hong Kong’s maritime sector can benefit from an 80% refund on nine of its courses as part of the Maritime and Aviation Training Fund (MATF) introduced by the Hong Kong Maritime and Port Board…

MTC Logistics Breaks Ground at Port of Mobile

Jul 25, 2019

MTC Logistics (MTC), along with officials from the Alabama State Port Authority, Alabama Department of Commerce and elected officials, broke ground on MTC’s 12 million cubic feet international temperature-controlled distribution center. MTC…

Kogas, EVC Pact for Vietnam LNG Terminal

Jul 25, 2019

South Korean public natural gas company Korea Gas Corporation (Kogas) and Vietnam-focused development and asset management company Energy Capital Vietnam (ECV) have entered into a memorandum of understanding (MOU) for the development of a privately-funded LNG regasification terminal in Vietnam…

Panama Canal Hearing on Tolls Structure

Jul 25, 2019

The Panama Canal Authority (ACP) held Tuesday a public hearing on the proposed modifications of its toll structure which culminated the period for receiving inquiries from the industry.The agency of the government of Panama responsible for the…

DP World to Build $1.2B Port in Indonesia

Jul 25, 2019

DP World and Indonesia’s leading conglomerate Maspion Group have signed two preliminary agreements to create a $1.2 billion container port and industrial logistics park in East Java.It is the first joint venture of its kind in the Indonesian…

Durres Port H1 Cargo Traffic Up 11%

Jul 24, 2019

Albania's largest sea port of Durres handled 11% more goods during January-June this year  (H1 2019), than the same period of 2018, said Durres Port Authority (DPA).The DPA Statistics Sector noticed that over the first six months of 2019, more…

Marseille Fos Accelerates Air Emissions Cuts

Jul 24, 2019

Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor…

Kick Off for Elbe River Dredging

Jul 24, 2019

Hamburg has announced the works for the adjustment of the fairway have started. With the arrival of the hopper dredger “Scheldt River” the deepening and widening works of the river Elbe have officially kicked off.The port is already megaship…

West of England P&I Club Eyes Offshore

Jul 24, 2019

The West of England, a leading A-rated mutual marine insurer, has announced the appointment of a key strategic hire to support its strategy of expansion in the offshore market.Will Tobin will join the Club in July to head up its offshore business…

FarSounder Hires Minogue

Jul 24, 2019

FarSounder has announced Richard Minogue as Office & Finance Administrator. He will work closely with the CEO on accounting, corporate contracts, and human resources, in addition to providing administrative support to the FarSounder team.Minogue…

Port of Virginia Completes $320M Expansion

Jul 24, 2019

Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The Governor was joined by U.S. Maritime Administrator Rear Admiral Mark Buzby, Virginia Secretary of Transportation Shannon Valentine…

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