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…
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…
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, 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…
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…
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…
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 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…
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…
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…
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…
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…
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 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…