People & Company News


Oldendorff Joins Sustainable Shipping Initiative

May 31, 2018

Dry bulk ship owner and operator Oldendorff Carriers has become a member of the Sustainable Shipping Initiative (SSI), a coalition of global shipping industry companies working toward a more environmentally sustainable maritime industry.Oldendorff joins other SSI members…

Obituary: Maritime Industry Icon Jack Gallagher

May 31, 2018

John “Jack” J. Gallagher, a maritime industry veteran and environmental services pioneer, passed away on Monday at the age of 89.Jack’s greatest professional passion was his work as a Spill Manager/Qualified Individual, a role in which he had few peers…

Frontline Expects Greater Oil Tanker Demand

May 31, 2018

Increased scrapping of older oil tankers and the potential for higher output of OPEC crude are likely to boost vessel demand and thus rates, Oslo-listed shipper Frontline said on Thursday.The company reported a first-quarter operating profit of $2…

US Coast Guard to hold change-of-command ceremony

May 31, 2018

U.S. Coast Guard Commandant Adm. Paul F. Zukunft will be relieved by U.S. Coast Guard Atlantic Area Commander Vice Adm. Karl L. Schultz on June 1, 2018, at 1100 hours at U.S. Coast Guard Headquarters in Washington, D.C. Homeland Security Secretary Kirstjen M…

SUNY Maritime mourns the Loss of Professor James McKoy

May 31, 2018

The word has been passed that long tenured and much loved and respected SUNY Maritime Professor James 'Jim' McKoy has passed away after a long illness. SUNY President RADM Michael Alfultis told MarineNews this morning, 'He was an outstanding teacher and he will be sorely missed…

Evac to Acquire Cathelco

May 31, 2018

Evac announced it will acquire Cathelco, a  manufacturer of equipment for ships and offshore installations, a synergistic move for Evac as Cathelco customers include Evac’s current marine and offshore customer groups, including ship owners, shipyards…

Kanoo Shipping Acquires Wallem South Africa

May 31, 2018

Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group…

GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel

May 30, 2018

Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.  A 180,000 cubic meter LNG carrier…

Seaspan Recognized for Environmental Stewardship

May 30, 2018

Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental…

Puerto Valparaiso and AAPA Launch the 107th Annual Convention

May 30, 2018

The event will take place in Valparaiso, Chile, from October 7 to 10, with the presence of AAPA’s Continental leadership.With a postal card of Valparaiso hills as a background, the Empresa Portuaria Valparaiso (EPV) and the American Association…

Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy

May 30, 2018

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…

BSM Demonstrates Commitment to Greek Shipping

May 30, 2018

Bernhard Schulte Shipmanagement (BSM) demonstrated its commitment to the Greek shipping industry on May 24th, 2018, during a hospitality event titled ‘The future of shipmanagement’ in Athens, co-organized with MariApps Marine Solutions.More than 120 figures from the maritime sector…

Cavotec Opens New Manufacturing Facility in Italy

May 30, 2018

Global engineering group Cavotec has officially opened its new production facility in Milan.Some 150 guests attended yesterday’s opening ceremony, among them key customers, suppliers, partners, local officials and dignitaries and members of the media…

Former OW Bunker Manager Gets 18 Months in Jail

May 30, 2018

A Danish court on Wednesday sentenced the former manager of OW Bunker's Singapore subsidiary to 18 months in prison after he was found guilty of granting credit outside his mandate, contributing to the bankruptcy of the marine fuel oil supplier…

Crowley Launches New Caribbean Shipping Service

May 29, 2018

Crowley Maritime Corp.’s liner services group announced today that it has launched a new feeder shipping service connecting San Juan, Puerto Rico; Rio Haina, Dominican Republic; and St. Croix and St. Thomas in the U.S. Virgin Islands (USVI)…

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