People & Company News


Port Canaveral Launches 65th Anniversary Tribute

Jul 02, 2018

Events to commemorate Port’s history culminates with November 4, 2018 anniversaryCanaveral Port Authority employees gathered on the front lawn of the Port’s Maritime Center to raise a commemorative flag in what will be the first of a series…

Port of Oakland's Napralla Named Chief Wharfinger

Jul 02, 2018

The Port of Oakland named maritime veteran Eric Napralla as its Chief Wharfinger.  Napralla, a 6-year Port employee, will manage seaport operations ranging from tenant relationships to facilities leasing.  He replaces Chris Peterson, who retired last week after 25 years at the Port…

HII Appoints Brady as Chief Operating Officer for SN3

Jul 02, 2018

Huntington Ingalls Industries (HII) (NYSE:HII) has appointed Sharon Brady chief operating officer of SN3, part of Huntington Ingalls Industries’ Technical Solutions division, effective June 4.In this new position, she plays a leading role…

Scandinavian Shipping & Logistics Acquires Unitrans

Jul 02, 2018

Scandinavian Shipping & Logistics acquires the forwarding company Unitrans.  “By this takeover we strengthen our position as a logistics company, both in Sweden and on the global market”, says Björn Eklund, owner of Scandinavian Shipping & Logistics…

Adani Ports Acquires Kattupalli Port

Jul 01, 2018

India's largest port developer Adani Ports and Special Economic Zone (APSEZ) has agreed to pick up 97% stake in Marine Infrastructure Developer (MIDPL) from Larsen & Toubro at an enterprise value of Rs 1,950 crore ($284 million). According to a press release from the company…

DP World Plans Logistics Facility in Ethiopia

Jul 01, 2018

Dubai-based ports operator DP World has revealed plans to set up a logistics facility in landlocked Ethiopia, a move that comes as the company is developing a port in neighboring Somaliland.  A reuters report quoting the United Arab Emirates state news agency…

ESL Shipping Acquires AtoB@C

Jun 29, 2018

Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million…

Hapag-Lloyd Slashes 2018 Profit Outlook

Jun 29, 2018

German container carrier Hapag-Lloyd has cut its profit outlook for the year 2018 amid a challenging and volatile environment for ocean carriers. A Reuters report quoted the shipper saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned…

Diana Containerships Sells m/v Puelo

Jun 29, 2018

Diana Containerships announced that it has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Puelo, with the delivery of the vessel to her new owners. The global shipping company specializing…

Quark Expeditions Expands Sales Team

Jun 29, 2018

Quark Expeditions has expanded its global sales team to better accommodate the increase in demand anticipated by the addition of two polar expedition vessels: the World Explorer, a 176-passenger hybrid-powered, all-balcony, all-suites vessel…

I-Tech AB Opens Stock Exchange

Jun 29, 2018

The CEO of I-Tech AB Philip Chaabane rings the bell to open I-Tech’s first day of trading on Nasdaq First North.I-Tech recently completed a share issue for listing on Nasdaq First North. The shares will be traded under the ticker ITECH and ISIN code SE0011167725…

Bergeron to be Honored

Jun 29, 2018

The World Trade Center of New Orleans announced William T. “Bill” Bergeron, CEO of Bergeron Resources, L.L.C. & Affiliated Companies, as the recipient of the 2018 C. Alvin Bertel Award. The C. Alvin Bertel Award was established in 1967 and is…

BAE $26B Frigate Deal: Local University Sees Opportunity

Jun 29, 2018

The University of Tasmania welcomed the announcement of BAE Systems as the successful tender for $25.8 billion SEA 5000 Future Frigate program. Deputy Vice-Chancellor (Research) Professor Brigid Heywood said enormous benefits would flow to Australian…

UK Powers into Paris MoU Top 5

Jun 29, 2018

Consistent high performance by the UK Ship Register has seen it rise four places in the world under standards set by the Paris Memorandum of Understanding (MoU).It means the UKSR is now fifth under an assessment based on the total number…

Mega Cranes for Port Everglades

Jun 29, 2018

Broward County’s Port Everglades reports that it is progressing with manufacturing the first three new Super Post-Panamax container-handling gantry cranes being built by Shanghai Zhenhua Heavy Industries Co., Ltd. Inc. (ZPMC) of China. The design phase is nearing completion…

Current News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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