People & Company News


APL Launches New Container Services

Jun 14, 2018

Ocean carrier APL announced today it will introduce two new weekly services from central and southern China connecting to Indonesia and Australia respectively.APL's new China Southeast Asia Service 8 (CS8) set to commence on June 30 will provide direct access from Shanghai…

Ports of Indiana Names Coda CEO

Jun 13, 2018

Vanta E. Coda II has been named as the Ports of Indiana's next chief executive officer to replace outgoing CEO Rich Cooper who is set to retire July 1, 2018.Coda returns to the Ohio River Valley with 25 years of experience in maritime and multimodal operations on the Great Lakes…

Euronav Completes Merger with Gener8 Maritime

Jun 13, 2018

Belgian tanker operator Euronav has concluded its merger with U.S. rival Gener8 Maritime, creating one of the world’s largest tanker shipping fleets.Gener8’s shareholders voted earlier this week to approve the merger, and following the closing on Tuesday…

Green Marine Elects New Chairman of the Board

Jun 13, 2018

President and CEO of the Port of Cleveland, William D. Friedman, was elected chairman of the Green Marine’s Board of Directors following the corporation’s Annual General Meeting on May 31, during GreenTech 2018, in Vancouver B.C. Friedman has been sitting on the Green Marine Board since 2013…

Euronav Sells Suezmax Cap Jean

Jun 12, 2018

Tanker company Euronav NV announced that it has sold the Suezmax Cap Jean (1998 – 146,643 dwt) for USD 10.6 million.  The vessel was delivered to her new owners on June 8th. The Company will record a capital gain of approximately USD 10…

Navios Maritime Partners Adds One Panamax Vessel

Jun 12, 2018

Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced today that it took delivery of the Navios Altair I, a 2006-built, 74,475 dwt Panamax vessel on June 7, 2018.  As previously announced…

Rio Tinto Hires CFO Stausholm from Maersk

Jun 12, 2018

Major miner Rio Tinto named Jacob Stausholm, formerly CFO of Danish shipping company A.P. Moller-Maersk, to replace outgoing financial boss Chris Lynch when he retires in September, the Anglo-Australian mining company said on Tuesday.Lynch’s retirement was announced last September…

JAXPORT Awarded $32.4 Mln for Dredging

Jun 12, 2018

The federal government is awarding nearly $32.4 million in funding to the Jacksonville Harbor Deepening project.“These dollars signal that the federal government believes in our deepening project and has confidence in our ability to provide a return on this investment…

Leadership Changes at TOTE Maritime

Jun 12, 2018

Today TOTE announced leadership changes within its TOTE Maritime division. Michael Noone, currently President of TOTE Maritime Alaska will transition and become President at TOTE Maritime Puerto Rico. Grace Greene, currently Vice President and…

Teekay Offshore Partners Appoints Interim CFO

Jun 12, 2018

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. announced that Tim Cowan join as Interim Chief Financial Officer of Teekay Offshore Group Ltd., a management services company that provides services to the Partnership’s…

Stevens Joins Hurtigruten Americas

Jun 12, 2018

Hurtigruten has appointed Christine Stevens as Vice President of Sales for the Americas to be based in its Seattle regional headquarters. Stevens brings 30 years of cruise industry expertise to Hurtigruten and will lead the sales organization…

Former OW Bunker Manager Appeals 18-month Jail Term

Jun 12, 2018

The former manager of marine fuel supplier OW Bunker's Singapore subsidiary said on Tuesday he would appeal the 18-month jail term he was sentenced to last month, his lawyer told Reuters.On May 30, a Danish city court found Lars Moller, former head of Dynamic Oil Trading in Singapore…

TOTE’s Nolan Receives Herb Brand Award

Jun 11, 2018

Tim Nolan, who was recently named the next President and CEO for TOTE Inc, was honored with the Herb Brand Award at the Maritime Council of NY/NJ’s 56th Annual Dinner Dance.The Herb Brand award is one of three awards given to champions of the U…

GAC UK Unveils Sustainability Steps at Volvo Ocean Race

Jun 11, 2018

Shipping and logistics services provider GAC UK  announced progress in its efforts to reduce plastic and other waste. As the yachts competing in the Volvo Ocean Race set off on Leg 10 from Cardiff yesterday, Managing Director Herman Jorgensen…

Hapag-Lloyd Scaling Back Iran Business

Jun 11, 2018

German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company…

Current News

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

Orders For US-Manufactured Goods Drop In Light of Tariff Uncertainty

Baltic Index Nits Near Two-Week Low

Cerberus eyes Darwin Port

Subscribe for Maritime Logistics Professional E‑News