People & Company News


DFDS: New Intermodal Link Between Sweden and Turkey

Sep 11, 2018

Denmark-headquartered shipping company DFDS is offering a new connection between Sweden and Turkey following its recent acquisition of Turkish company UN Ro-Ro.Through the Sweden – Turkey intermodal connection now in effect, the carrier offers…

Echo Elects Henkels to Its Board of Directors

Sep 11, 2018

Echo Global Logistics, Inc., a provider of technology-enabled transportation and supply chain management services, has announced that Virginia “Ginnie” Henkels was named to the company's Board of Directors, effective Monday, September 10.Henkels served as Executive Vice President…

INTTRA Expands Its Carrier Network

Sep 11, 2018

INTTRA, neutral network, software and information provider at the center of the ocean shipping industry, announced availability of Antillean Marine on its carrier network, highlighting the increased adoption of INTTRA by regional carriers.INTTRA…

Transnet Due to Commence DCT Berth Deepening Project

Sep 11, 2018

Transnet’s forthcoming project to create deeper berths at Durban Container Terminal (DCT): Pier 2’s North Quay will enable the Port of Durban to accommodate newer generation container vessels by 2023.Addressing stakeholders at a business breakfast in Durban on Tuesday…

Klaveness Combination Carriers Seeks Fund for CLEANBU Vessels

Sep 10, 2018

Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million.The owner and operator…

Damen Shipyards Galati Opens Historical Exhibition

Sep 10, 2018

Damen Shipyards Galati has opened an exhibition in the Lower Danube University in the Romanian city of Galati, displaying an extensive collection of historical maritime memorabilia.The exhibition is part of the yard’s 125 year anniversary celebrations…

SC Ports Achieves Record Box Volume

Sep 10, 2018

South Carolina Ports Authority announced the highest monthly container volume in its history, with 206,541 twenty-foot equivalent container units (TEUs) handled in August.August container traffic surpassed the Port’s previous record of 201,163…

PortMiami's Kuryla Elected Chairman of the Florida Ports Council

Sep 10, 2018

At the Florida Ports Council Annual Board Meeting last week in St. Petersburg, PortMiami Director and CEO Juan Kuryla was elected chairman.Kuryla replaces Port Everglades Chief Executive/Port Director Steve Cernak. Port of Palm Beach Executive…

Hanseaticsoft Unveils New Crewing Module

Sep 10, 2018

Cloud-based maritime management software provider Hanseaticsoft GmbH has launched its updated and enhanced crewing module, Cloud Crewing 2.0 to help shipping companies better manage their crews across multiple ships.The software is available within Cloud Fleet Manager (CFM)…

DP World Plans 10-year Dollar Sukuk, 30-year Conventional Bond Sale

Sep 10, 2018

DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…

Essberger Tankers Sign Deal with GAC

Sep 10, 2018

Chemical tanker operator Essberger Tankers has signed a ship agency deal with GAC throughout Scandinavia. Under the agreement, GAC will handle an estimated 600-800 port calls a year for Essberger’s fleet of vessels carrying a wide range of high-grade chemicals…

Vecchiolla Takes the Helm at VT Systems

Sep 10, 2018

ST Engineering announced the appointment of Tom Vecchiolla as President & CEO (Designate) of its US Headquarters, VT Systems.  He will take over as President & CEO from General (Ret.) John Coburn on 1 December 2018, who will relinquish his CEO…

Port of Long Beach Sees Cargo Dip

Sep 09, 2018

Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs…

CMA CGM Margin Hit in Q2

Sep 09, 2018

French shipping liner CMA CGM said that rising oil price impacted its operating income in second quarter of 2018. 'Volume growth and positive net income in a market environment affected by rising fuel costs,' said a press statement from the company…

GoodBulk Gets New Credit Facility to Fund Vessel Acquisition

Sep 07, 2018

The bulk investment company focusing on vessels in the second hand market GoodBulk entered into a new credit facility with ING Bank for up to $73.0 million. This facility has an initial term of five years, profile of sixteen years.GoodBulk took delivery of the M/V Aquasalwador…

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