Thyssenkrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India's Tata Steel.The steel merger, which will create…
Drydocks World - Dubai organized a health care campaign in cooperation with Al Baraha Hospital and Dubai Health Authority.Employees benefited from medical tests, examinations, information and health advice from doctors and experts at 12 stations covering: safety…
SENER appointed Jorge Sendagorta Cudós to be head of the Engineering and Construction area. He was, until now, the country manager of SENER in Mexico. SENER's Engineering and Construction area, which will be managed by Cudós, comprises three Business Units: Infrastructure and Transport…
Emirates Maritime Arbitration Centre (EMAC) appoints Jyothi Mani to its expanding Case Management team.“Jyothi brings with her a great deal of case handling experience with a detailed know how as to arbitration and mediation procedures.…
KPI Bridge Oil, a leading global trader and broker in marine fuels, marine lubricants and risk management products, announces the promotion of Isidoros Chandris to Senior Bunker & Lubricant Consultant.Isidoros joined KPI Bridge Oil’s London office as a Bunker & Lubricant Trader in 2014…
Germany’s Hamburger Hafen und Logistik AG (HHLA) has completed the acquisition of Estonia’s largest terminal operator, Transiidikeskuse AS (TK). The last conditions that the sales contract dated 26 March 2018 was subject to were recently fulfilled…
Hamburg Süd has been a reliable and efficient partner of US shippers of agricultural and forestry products for many years. For its outstanding performance, it was recently honored as “Top Ranked Carrier” for the third year in a row by the Agriculture Transportation Coalition (AgTC)…
Kalmar, part of Cargotec, has signed an agreement to sell its rough terrain handling business, Kalmar Rough Terrain Center (KRTC), to the management and a Texas-based investment group, led by Independent Bankers Capital Funds (IBCF) and Congruent Investment Partners…
Seaspan Shipyards (Seaspan) appointed Jari Anttila as Chief Operating Officer (COO), who has more than 25 years of experience in shipbuilding and industrial operations. Previously with Philly Shipyard Inc. where he served as Senior Vice President…
Huntington Ingalls Industries announced today that Bryan Caccavale has been promoted to vice president of strategic sourcing for the company’s Newport News Shipbuilding division. He assumed his new role this week and reports to the shipyard’s president…
Maritime companies under market pressure have another negative force with which to deal: Steadily rising bunnker costs in tandem with oil's nearly year-long rise. According to Moody's, Hapag-Lloyd on June 29 revised its outlook for EBIT and…
Seafarers’ charity, Apostleship of the Sea (AoS), has joined forces with the Santa Marta Group to tackle the issue of slavery at sea. The organizations are arranging a series of workshops aimed at educating and informing AoS chaplains, volunteers…
Carnival Maritime GmbH has announced that Dr Hermann J. Klein has been appointed as its new Managing Director, starting September 1st, 2018. Klein is currently Managing Director and Group COO of CPO Holding (Offen Group) in Hamburg, Germany…
A new electronic trade portal that will enable trade and make life easier for business has been launched in the Dominican Republic by Dubai Trade World (DT World). As a subsidiary of DP World, DT World will provide its ‘Mawani’ system that connects logistics services onto one platform…
Navios Maritime Midstream Partners, an owner and operator of tanker vessels, announced today that its board of directors has received a proposal from Navios Maritime Acquisition Corporation pursuant to which Navios Acquisition would acquire…