People & Company News


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…

Nordic American Tankers Sells Three More Suezmaxes

Jun 10, 2018

Nordic American Tankers is poised to sell three more of its suezmax tankers. This follows the company's June 1 decision to sell two ships for a total price of about $9.5 million each. 'We wish to inform you that we have an agreement to…

Carnival Scoops Up Port, Rail and Retail Operations in Alaska

Jun 07, 2018

A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company…

AmeraMex International Names Anderson COO

Jun 07, 2018

AmeraMex International, Inc., a provider of heavy equipment for logistics companies, infrastructure construction and tactical military vehicles, has appointed Susan Anderson as Chief Operating Officer effective immediately. Anderson will replace Michael Maloney…

ST Engineering Appoints New Director

Jun 07, 2018

Singapore Technologies Engineering Ltd (ST Engineering) announced MG Ong Su Kiat Melvyn has been appointed as a non-independent non-executive director of the company with effect from June 8, 2018.MG Ong is currently Chief of Defense Force. He…

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Jun 06, 2018

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The global shipping company specializing…

CMA CGM Signs MoU to Drive Digitalization in Shipping

Jun 06, 2018

CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.Ze Box is CMA CGM’s corporate venture capital arm that invests in startups with…

LOC Names Cummins Energy Projects Development Director

Jun 06, 2018

International marine and engineering consulting firm LOC has appointed ex-Head of Engineering at BP, Ian Cummins as its new Energy Projects Development Director. Ian will focus on the oil and gas and renewables markets, and help to identify…

Cargotec Names Geber-Teir Senior VP, Communications

Jun 06, 2018

Carina Geber-Teir, M.Sc. will join Cargotec as Senior Vice President, Communications.She will be responsible for leading the communications, investor relations and sustainability function. She will be a member of Cargotec's Extended Executive Board and report to CEO Mika Vehviläinen…

Siemens Deepens Ties to China's 'Belt and Road' Push

Jun 06, 2018

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's 'Belt and Road' infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation…

APM Terminals Uruguay Inches to Zero Carbon Emissions

Jun 06, 2018

APM Terminals Inland Services Uruguay (also known as Montevideo Port Services SA) switched on 648 solar panels this month, capable of producing 228.6 MWh per year, enough to meet up to 90 percent of the facilities entire annual consumption.By switching to their own renewable energy source…

OOCL Wins Corporate Environmental Leadership Gold Award

Jun 05, 2018

Orient Overseas Container Line is very honored to be the first carrier in the international transportation and logistics industry to receive the Gold Award at the 2017 BOCHK Corporate Environmental Leadership Awards ceremony held at the Kowloonbay International Trade & Exhibition Centre on 31 May…

Deendayal Port to Have Fertiliser Cargo Facility

Jun 05, 2018

The Standing Finance Committee of Ministry of Shipping in India has cleared a project for setting up an exclusive, fully mechanized handling facility for fertilizer cargo at Deendayal Port in Kandla.   The facility will be developed at berth number 14 of the port…

Container Handling Up 45% at King Abdullah Port

Jun 05, 2018

Rayan Qutub, CEO of King Abdullah Port, has announced that the port has achieved new heights in container handling this year, already showing a 45% increase during the first four months of 2018 compared to the same period in 2017. Qutub…

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