Cargo imports and exports hit an all-time high at the Port of Hueneme with 1.6 million tons of cargo moving through the Port. This represents an 8.1% increase over last year’s performance of 1.48 million cargo tons. The previous cargo record was set in FY2015 with 1…
Sir Richard Branson has stepped down from his role as chairman of Virgin Hyperloop One, saying the company 'needs a more hands-on chairman.'DP World statement said Branson was stepping down due to the increased commitment of time the position requires…
MPC Maritime Investments GmbH, a wholly-owned subsidiary of MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4), has acquired three Panamax-sized container vessels on behalf of an international investor. The transaction volume amounted to $42 million…
London-based Solis Marine Consultants has announced the appointment of Nigel Clark to its senior management team.Clark, who until recently was Managing Director of Braemar Salvage Association, will assist the Solis management team with the preparation…
Maersk begins its port operations at Ennore (Kamarajar port), Tamil Nadu offering connectivity between the Far-East Asian ports of Tanjung Pelepas (Malaysia), Busan (South Korea) and Xingang (China) and the Indian ports of Chennai, Krishnapatnam & Visakhapatnam…
Simec Atlantis Energy announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…
The diversified holding company HC2 Holdings announced that it is exploring strategic alternatives, including a potential sale, for its Global Marine Group (GMG) subsidiary.As part of this process, Global Marine Holdings, a leading provider…
The Georgia Ports Authority achieved a 12 percent increase in containerized trade at the Port of Savannah in September, along with a 37.6 percent increase in roll-on/roll-off trade at the Port of Brunswick.“The impressive volumes moving through…
Crowley Maritime Corp. on Saturday christened its Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí, which is among the first of its kind to be powered by liquefied natural gas (LNG).The Jones Act compliant vessel…
The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have jointly released new ‘Guidelines for implementing the Welfare aspects of the Maritime Labor Convention (MLC)’.Adopted by the International Labor Organization in 2006…
The board of directors of South African state-owned logistics firm Transnet said it had removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multi-million-dollar deal.Transnet, which operates nearly three-quarters of the African rail network…
Verifavia, an emissions verification company for the transport sector (aviation and shipping), has announced major cooperation’s with two of the world’s largest ship managers, namely Wallem Ship Management in Hong Kong and Zeaborn Ship Management in Hamburg (a consolidation of E…
The Maritime & Coastguard Agency (MCA) is to increase its fees for the first time in over ten years – giving it the flexibility to invest further in the services it provides to the maritime sector.From November 13, 2018, the Maritime & Coastguard…
Glencore Chief Executive Ivan Glasenberg has told investors he plans to retire from the commodities trader and miner in three to five years, Bloomberg reported on Monday.Glasenberg has started training three to four people to succeed him in the job…
Longtime business and civic leader Yui Hay Lee has joined the Port of Oakland’s Board of Port Commissioners. Lee was sworn in yesterday to a seat on the seven-member Board.Lee, President and CEO of Oakland-based YHLA Architects, was nominated…