People & Company News


Jaime Sworn in as L.A. Harbor Commission President

Apr 20, 2018

Jaime L. Lee, the newest Los Angeles Harbor Commissioner, has been elected president of the Los Angeles Harbor Commission. Lee was appointed by Los Angeles Mayor Eric Garcetti and confirmed by the Los Angeles City Council last week.   “I’m humbled…

CMA CGM to Acquire 25% Stake in CEVA

Apr 20, 2018

French container shipping company CMA CGM said on Friday it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market.CMA CGM said that as part of this process, it would subscribe to a 380-450…

$252m Finance for LNG-Powered Tankers

Apr 19, 2018

Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”)…

BIMCO: Trade War may change Soya Bean Trade Lanes

Apr 19, 2018

Soya bean trade lanes may change due to the ongoing trade war. The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.Soya bean…

Port Tampa Bay selected as Port Executive Management Center

Apr 19, 2018

The International Association of Maritime and Port Professionals (IAMPE) stated that Port Tampa Bay has been selected as the Port Executive Management Center for the State of Florida.  The Port will host advanced educational and training for…

Port of LA Promotes Libatique

Apr 18, 2018

The port of Los Angeles has promoted David Libatique to deputy executive director of stakeholder engagement, a position on the port’s executive management team.In this new role, Libatique will oversee government affairs, trade development, community relations…

Grindrod Sells Off Bunker Division

Apr 18, 2018

South African ship owner Grindrod has sold its bunker division, Unicorn Bunker Services (Pty) Ltd., for an undisclosed sum to new co-owners WOESA (Women in Oil and Energy South Africa) and Linsen Nambi.Financed through the Industrial Development Corporation (IDC)…

Reaume Earns P. Eng. License

Apr 18, 2018

Robert Allan Ltd. announced that Jonathan Reaume has earned his accreditation as a Registered Professional Engineer with EGBC (Engineers and Geoscientists British Columbia).Reaume has been working with Robert Allan Ltd. since 2014 as a Mechanical Engineer specializing in hydrodynamics…

Port Houston Reports Strong Q1 2018

Apr 18, 2018

Year-to-date total tonnage for Port Houston through March is at 9.7 million, reflecting a 2 percent increase compared to the same period last year. Results showed that bulk material and steel were the primary drivers for the growth.  “We continue…

Papageorgiou Named CFO of Aegean Marine Petroleum Network

Apr 17, 2018

Aegean Marine Petroleum Network (AMPNI) said that Pavlos Papageorgiou has been appointed Chief Financial Officer, effective immediately.  Papageorgiou succeeds Spyros Gianniotis, who will continue to act as an independent consultant to the…

Crowley Acquires Three SeaRiver Tankers

Apr 17, 2018

Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley…

Thorco Bulk Renamed

Apr 17, 2018

Danish dry bulk carrier Thorco Bulk announced today it has been renamed Trithorn Bulk with immediate effect.“This is a natural development for our company. We wish to further strengthen our corporate identity and position in the market by taking a name that truly expresses what the three of us…

Bollore Transport & Logistics Net Profit Jumps

Apr 17, 2018

Bollore Transport & Logistics Cote d'Ivoire net profit climbed to 13.14 billion CFA francs ($24.30 million) in 2017 from 10.12 billion CFA francs the previous year, the shipping company and port operator said late on Monday.Turnover for the…

Pirie & Smith Names Alexander GM

Apr 17, 2018

Marine consultancy and ship surveyor Pirie & Smith has appointed Graeme Alexander as General Manager to head up the company and take responsibility for leading its activities across the globe.The appointment is in response to a 12-month period…

MAN D&T Scoops 11 MSC Vessel Order

Apr 17, 2018

MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines.Samsung Heavy Industries (SHI) will construct six of the vessels while…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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