The Board of Directors of Hendry Marine Industries, Inc. announced the appointment of Mr. John P. Gallagher as President of Gulf Marine Repair effective January 29, 2019. Gallagher, a graduate of The Webb Institute of Naval Architecture, is…
Royal Boskalis Westminster N.V. (Boskalis) has signed an agreement with SAAM S.A. (SAAM) relating to the sale and purchase of the equity stake held by Boskalis in SAAM SMIT Towage. Under the terms of the agreement, the total (100%) enterprise value of SAAM SMIT Towage is valued at $560 million…
The merger between accountants and advisers BDO LLP and Moore Stephens LLP in London was completed earlier this month.Clients of the merged firm, BDO, will have access to offices in over 160 countries with a presence in every major shipping location in the world…
The Indian Register of Shipping (IRClass) has opened two new offices in India – one located in Paradip, a major maritime port town on the east coast of India, and another in Guwahati, the largest city in northeast Indian state of Assam.Strengthening IRClass’ service network…
Ken Bloch Sørensen has stepped down as president and CEO of Canadian shipowner Algoma Central Corporation after leading the company for four years. Gregg A. Ruhl, the current Chief Operating Officer, has been named President and Chief Executive Officer and will assume that role immediately…
The Port of Boston’s Paul W. Conley Container Terminal set a new all-time record in 2018 for volume for the fourth year in a row. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…
The Chamber of Marine Commerce is issuing the following statement in response to the announcement by Transport Canada and Fisheries and Oceans Canada on shipping mitigation measures in the Gulf of St. Lawrence to help protect North Atlantic Right Whales…
Navis, a part of Cargotec has announced a new global partnership agreement with International Container Terminal Services Inc. (ITCSI), around a centralized pooled approach and global volume view that supports ICTSI growth strategies around the world…
On February 8, 2019, the Maritime Connectivity Platform Consortium (MCC) was established with a signature ceremony during the conference ‘e-navigation underway international 2019’.The Maritime Connectivity Platform (MCP) is an open source technology a digital maritime domain…
Qatar-based maritime transport and logistics company Qatar Navigation (Milaha) has increased the company’s stake in compatriot liquefied natural gas (LNG) shipping giant Nakilat.Qatar Shipping Company, a subsidiary of Milaha, has entered into…
Wage theft aboard a BlueScope chartered foreign-flagged ship in Port Kembla has been exposed after intervention from the International Transport Workers’ Federation (ITF).Inspections by ITF inspectors in Western Port and Port Kembla of the Panamanian registered vessel KEN EI…
German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous…
Matson has announced that Branton B. 'Bal' Dreyfus has been appointed vice president, Alaska, succeeding Kenny Gill, who has resigned from the company.In his new role, Dreyfus has management responsibility for all Matson operations in Alaska…
Following an almost total halt in exports of soya beans to China in the last quarter of 2018, the new year has brought new hopes for American farmers and the dry bulk shipping sector. The USDA reported that in the first four weeks of 2019 754…
Publishing data about the emissions of all ships calling at EU ports, as proposed by the European Commission, will incentivize shipping companies to cut their CO2 while also better informing regulations to reduce emissions, green NGO Transport & Environment (T&E) has said…