People & Company News


Mitsubishi to Acquire 25% Take in Bangladesh LNG Terminal

Aug 17, 2018

Japan’s Mitsubishi Corp has agreed to take a 25% interest in Summit's Bangladesh LNG import terminal project - which will be the country's second such terminal.The other 75% of the Summit LNG terminal will remain with Summit Corp.Mitsubishi…

KOGAS Invests $8.84bn in LNG, Hydrogen Projects

Aug 17, 2018

South Korean state-owned Korea Gas Corporation (KOGAS) will invest 10 trillion won (US$8.84 billion) by 2025 to expand its natural gas capacity and infrastructure for hydrogen vehicles and other clean energy sources, reports Yonhap.Kogas, which has a monopoly on domestic natural gas sales…

Diana Shipping TC Contract for M/V Coronis

Aug 16, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CJ International Italy Societa Per Azioni for one of its Panamax dry bulk vessels, the m/v Coronis, for a period of minimum 12 months to maximum 15 months…

Damen Shipyards Galati Celebrates 125th Anniversary

Aug 16, 2018

Damen Shipyards Galati has delivered over 1,300 vessels during proud history! On 15th August, Galati yard held a party for the annual celebration of Ziua Navalistului – Shipbuilder’s Day.This year the party was larger than usual as it incorporated…

NORDEN Adopts SEDNA

Aug 16, 2018

Danish dry cargo and product tanker operator NORDEN has announced the selection of SEDNA as a new platform for transaction management and team collaboration. NORDEN will use SEDNA across its business, replacing email as the default mode of communication for teams…

Roll Group Awarded Contract for Shipment of Three Boilers

Aug 16, 2018

Roll Group has been awarded a contract by Fagioli and Macchi for the transportation of three large boilers for the Gulf Coast Growth Ventures project. Presently the voyage from Porto Marghera (Italy) to Corpus Christi (USA) is scheduled to take place between August and September 2019…

HudsonAnalytix Grows Security and Cyber Risk Management Team

Aug 16, 2018

HudsonAnalytix, Inc. has hired Chronis Kapalidis in London to focus on the enhancement and expansion of the firm’s strategic partnerships in Europe.An innovative researcher from one of the world's leading think tanks who is currently examining maritime cyber risk…

Stena Blue Sky Bags Safety Achievement Award

Aug 15, 2018

The award was recently given for the professional seamanship and conduct when Stena Blue Sky effected a rescue operation after spotting a fisherman and recovering him from wreckage between the waters of North Korea and Japan 26th October 2017…

Genco Shipping & Trading Adds Two Vessels to its Fleet

Aug 15, 2018

Genco Shipping & Trading  announced that it has taken delivery of the Genco Endeavour and the Genco Resolute, both of which are 2015-built 180,000 dwt Capesize vessels.The Genco Endeavour and the Genco Resolute are the second and third of six…

XLProjects Gains ISS in United Arab Emirates

Aug 15, 2018

Inchcape Shipping Services (ISS) serves Dubai with regular scheduled airfreight consolidations, handling a wide variety of cargo’s with the greatest ease. Their logistics professionals specialize in servicing all your airfreight needs, from…

Strong July Across Great Lakes Gets Seaway Tonnage

Aug 15, 2018

Great Lakes-St. Lawrence shipping continues to bounce back after a slow start. With strong tonnage numbers in July, particularly shipments of U.S. grain, liquid bulk and project cargo, the 2018 shipping season is right on par with the healthy statistics posted last year…

MarAd Awards $2.5 Mln Grant to Port of New Orleans

Aug 15, 2018

The Port of New Orleans (Port NOLA) has been awarded a $2.5 million U.S. Maritime Administration (MARAD) grant to support the current container-on-barge shuttle service operated by SEACOR AMH between New Orleans, Baton Rouge and Memphis, and…

Danaos Corporation Slashes Debt

Aug 14, 2018

Danaos Corporation, a leading international owner of containerships, has announced the consummation of its previously announced debt refinancing , significantly strengthening the Company's capital structure and reducing its outstanding debt by approximately USD 551 million…

China Navigation Company Opens Vancouver Branch

Aug 14, 2018

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade & Technology…

North P&I Club Strengthens Greek Presence

Aug 13, 2018

Global marine insurer North P&I Club said that Gagan Dhillon will take over Michael Asherson’s responsibilities for the Greek Membership and lead the claims team based in Newcastle.Gagan, a Master Mariner, first sailed in command of a tanker…

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