People & Company News


Port of Oakland Cargo Volume Up in Trade War, But Can It Last?

Nov 09, 2018

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland.  In fact, the Port is on track for its third straight year of record container volume in 2018.But can it last?  That’s the question supply chain…

Palau Lines Up with BIMCO

Nov 09, 2018

Palau International Ship Registry (PISR) is the latest registry to join the world’s largest international shipping association representing ship owners, operators, managers, brokers and agents. PISR has grown to become one of the premier SMART…

Lachtman to Succeed Ludwiczak as Head of LSC

Nov 09, 2018

Kierstin M Lachtman is to take over as General Secretary of the Liberian Shipowners’ Council Ltd (LSC) in February 2019 from Joseph E Ludwiczak, who is retiring after 17 years at the helm.Kierstin, who will operate from the LSC offices in Dulles…

DSC Dredge CEO Wetta Delivers Ghana Fact-Finding Trip Report

Nov 09, 2018

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: Chemical Tanker Market Remains Stable

Nov 09, 2018

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…

SC Ports Achieves Record Container Volume in October

Nov 09, 2018

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…

Norwegian Cruise Line Profits Up

Nov 09, 2018

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…

Paolo d'Amico Takes Over as d'Amico International Shipping CEO

Nov 08, 2018

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…

BAM International Begins Kitimat Wharf Contract

Nov 08, 2018

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…

Hapag-Lloyd Profit Doubles

Nov 08, 2018

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…

Port of Rotterdam Wins ESPO Award 2018

Nov 08, 2018

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…

Finance Conference Speakers Take Optimistic View of Shipping Market Trends

Nov 08, 2018

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 Showcases Seafarer App, Manila Training Facilities

Nov 08, 2018

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 Appoints Marina Surzhenko as New Director LNG

Nov 07, 2018

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…

Ulstein Verft to Finalise Color Hybrid

Nov 07, 2018

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…

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