As a member of the President’s Advisory Council – Doing Business in Africa (PAC-DBIA), Bob Wetta attended the September 26, 2018 Fact-Finding Trip Report meeting in Washington, D.C., with U.S. Secretary of Commerce Wilbur Ross and 13 other U…
Odfjell SE has reported its results for Third Quarter 2018. The results reflect a stable chemical tanker market and stable underlying results from Odfjell Terminals when adjusting for the Rotterdam terminal.Odfjell SE reports EBITDA of USD 32…
South Carolina Ports Authority (SCPA) announced the highest monthly container volume in its history, with 217,035 twenty-foot equivalent container units (TEUs) handled in October. Last month’s record-breaking volumes marked an 18.7 percent year-over-year increase in container volume growth…
Miami-based Norwegian Cruise Line Holdings reported third-quarter ended September 30, 2018 profit of $470.4 million compared to $400.7 million in the prior year. The cruise operator said in a investor release that its total revenue increased 12…
Product tanker carrier d’Amico International Shipping (DIS) has appointed current D'Amico group chairman Paolo d'Amico as new CEO.The D'Amico group's listed product tanker subsidiary said in a press statement that following the resignation of Marco Fiori…
The Hague-based BAM International, together with JJM Construction (Canada) and Manson Construction (USA), has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.The mobilisation and construction works…
German shipping company Hapag-Lloyd AG more than doubled its bottom line in the third quarter compared to the same period last year on account of booking lower interest costs.The container carrier said in a press release that it made a net profit of 112…
The largest port in Europe the Port of Rotterdam Authority has been awarded the European Sea Ports Organisation (ESPO) Award 2018.The award was made in recognition of the port's engagement with the city or wider community through the creation…
The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series. While in other years the sense of challenge and adversity was dominant…
V.Group, a leading provider of marine support services, has announced that it will unveil a new app for seafarers as well as an upgraded training center in Manila as progress accelerates on Project Embark, a program designed to transform the…
Steelhead Asia, a unit of the Canadian LNG export project developer Steelhead LNG, said that Marina Surzhenko has taken the role of Director LNG.Based in Singapore, Marina is responsible for developing Steelhead’s business in Asia as well as leading the negotiations of LNG offtake contracts…
The hull of the 'Color Hybrid', European cruiseferry line Color Line's next flag ship that will be servicing Sandefjord-Strömstad, has arrived Ulstein Verft for completion.The ship is contracted by Color Line at Ulstein Verft and is scheduled for delivery Q2 2019…
Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago…
Sempra Energy, the US group that aims to build a liquefied natural gas (LNG) export facility near Ensenada, Mexico, to serve customers in Asia moved closer to becoming reality as the natural gas utilities holding company announced agreements with three international firms…
The global marine and offshore vessel management and support services provider V.Group has announced that it will unveil a new app for seafarers as well as an upgraded training centre in Manila as progress accelerates on Project Embark.Project…