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…
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, 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…
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 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’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…
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…
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 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 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…
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…
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…
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…
GAC LNG Services said it has secured a global contract to provide voyage management services to Translux Limited as they enter the liquefied natural gas (LNG) business.GAC LNG Services, officially formed in 2016, provides a full-service solution for the sector…
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions…