Greek shipping company Star Bulk Carriers Corp reported a net loss of $5.3 million, or $0.06 loss per share for the first quarter ended March 31, 2019.Net income for the first quarter of 2018 was $9.9 million, said the global shipping company…
KVH Industries (Nasdaq: KVHI) said that Ken Loke has been named Vice President – Asia Pacific, to direct all initiatives for KVH in this region. Loke has extensive experience in satellite and managed services with top companies active in the telecommunications and maritime industries…
Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, has announced a contract award of approximately $160 million.The company’s marine segment has been awarded a contract from the Port of Seattle, Washington, for…
Optimarin is growing its staff to effectively handle the growing wave of ballast water management system refit activity.The company, which expects to double its turnover this year, has employed Leiv Kallestad as its new CEO, allowing Tore Andersen…
The Port of Tyne, which comprises the commercial docks in and around the River Tyne in Tyne and Wear in the northeast of England, is increasing their offer to potential offshore wind manufacturers.Offshore wind could provide 30% of Britain's electricity generation by 2030…
Germany’s largest universal port is again on a growth path, achieving a distinct advance in the first quarter of 2019 with seaborne cargo throughput ahead by 6.0 percent at 34.6 million tons.Both general cargo throughput at 23.9 million tons - up 5…
Liquefied natural gas (LNG) shipper Golar announced that it has decided to proceed with a spin-off of its Tri-Fuel Diesel Electric (TFDE) LNG carrier business as well as to focus its activities primarily on floating liquefied natural gas (FLNG) and downstream assets…
Their Majesties King Willem-Alexander and Queen Máxima of the Netherlands called at MV WERFTEN’s Rostock facility in the course of their working visit to Mecklenburg-Vorpommern. They were accompanied by the Dutch Infrastructure Minister Cora…
Tom Edwards has been named as ChartCo’s new Head of Procurement, and takes on the responsibility for global purchasing on behalf of ChartCo and its associated offices in this newly created role.Edwards has a strong procurement, purchasing and…
Anders Lindmark, formerly Head of Alfa Laval PureBallast, has transitioned from ballast water treatment into another compliance application. As Business Unit President, Gas Systems, he now oversees the Alfa Laval PureSOx offering in exhaust gas cleaning…
Rob Grool has taken over the leadership of ZEABORN Ship Management from Holger Strack, who has been acting as the company’s interim CEO since the beginning of the year.“With the appointment of Rob Grool, we are very excited to have found an…
A.P.M Moeller-Maersk (Maersk) has informed the search for the missing seafarer who fell overboard from the Maersk Patras on May 19, 2019, has been suspended.“It is with regret we have received the news that the search and rescue operation was…
Hamburg Süd christened the Polar Ecuador containership in Antwerp.The new vessel belongs to a group of four structurally identical vessels in the Polar class that have been built for Hamburg Süd by the Chinese shipyard Jiangsu New Yangzi Shipbuilding…
The global port operator DP World's UAE Region has been recognised for its efforts to create a more efficient and sustainable supply chain when it was awarded the Supply Chain Sustainability Award at this year’s Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference…
Hong Kong-based dry bulk shipping company Pacific Basin Shipping Limited has closed a new USD 115 million 7-year reducing revolving credit facility secured over 10 of the Company’s owned ships.The new facility is supported by a syndicate of three leading international banks…