People & Company News


Diana Shipping Fixes m/v Alcmene with BG Shipping

Nov 21, 2018

Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Alcmene.The global…

New Agreement on Minimum Wage for Seafarers

Nov 21, 2018

The social partners, namely the International Transport Workers’ Federation (ITF) and the International Chamber of Shipping (ICS), convened in Geneva at the Joint Maritime Commission (JMC) subcommittee on seafarers wages to review the International…

London P&I Club Issues Loss Prevention Guide for Coal Cargoes

Nov 21, 2018

THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation.The guide, written by Paul Willis, Senior Associate with UK-based forensic…

Bomin Sells Belgium Bunker Ops

Nov 21, 2018

The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.The purchasers…

Young Joins GAC

Nov 21, 2018

Daniel Young has been appointed as GAC’s Group Marketing Manager, covering the eastern United States, eastern Canada, and the Caribbean.He brings to his new role 15 years’ port agency and logistics experience drawn from a diverse working background…

Port of Marseille Fos Focus on Emission Cut

Nov 20, 2018

The port of Marseille Fos has set up a working group bringing together actors from the liquefied natural gas (LNG) sector to reflect on the development of LNG as a marine fuel with a view to reducing the impact of ships in the port of Marseille Fos…

Fred. Olsen Cruise Line’s MD Mike Rodwell to Retire

Nov 20, 2018

Fred. Olsen Cruise Lines’ managing director, Mike Rodwell, is to retire at the end of August 2019, following 15 years in the role and 31 years with the business.Mike has worked across a number of the Fred. Olsen businesses since he joined the group in 1987…

Star Bulk Carriers Reports Profit for Fourth Consecutive Quarter

Nov 20, 2018

The global shipping company focusing on the transportation of dry bulk cargoes Star Bulk Carriers Corp announced the third quarter ended September 30, 2018 marks the fourth consecutive profitable one.The Marousi, Greece-based company said that…

AIMU Elects New Officers

Nov 20, 2018

The American Institute of Marine Underwriters (AIMU) elected the following slate of officers at its annual Board of Directors meeting on November 15:•Michael McKenna of Navigators – Chairman•Michael Csorba of Great American – Vice Chairman•Tony…

St. Lawrence Seaway Traffic: A Busy October

Nov 20, 2018

St. Lawrence Seaway shipping had its second busiest month of the season in October, fueled by increases in shipments of grain, salt and construction materials.Overall cargo shipments via the St. Lawrence Seaway (from March 29 to October 31) totaled 30…

Alaska Marine Lines Expands to Arctic Ports

Nov 20, 2018

Alaska Marine Lines, an Alaska marine transportation company, is expanding its service from Seattle and Anchorage to the Arctic Region in 2019. Bowhead Transport will provide the destination services at the North Slope villages of Point Hope…

India to Probe Alleged Antitrust Behavior by Maersk, DP World at Mumbai Port

Nov 20, 2018

India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters…

Posti to Use LNG Vehicles

Nov 19, 2018

Finland's leading postal and logistics service company Posti has taken into service two full trailer combinations powered by liquefied natural gas (LNG).Posti will be using the LNG vehicles for demanding transport operations. Posti's target…

Jurong Port Wins Green Port Certificate

Nov 19, 2018

Singapore-headquartered Jurong Port (JP) has been awarded the Green Port Certificate, a program under the Green Port Award System (GPAS) developed by the APEC Port Services Network (APSN)A press note from the international multipurpose port…

Costamare Acquires York Capital Interest in 5 Containerships

Nov 19, 2018

The owner and provider of containerships for charter Costamare announced the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU containerships.The acquisition brings the Company’s ownership interest in these five vessels to 100%…

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