People & Company News


Bahri Adds New VLCC Khurais

Apr 11, 2018

National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI).  Industry leader adds fourth VLCC this year, bringing its total number of vessels to 92…

Maersk Introduces Shares Plan for Top Executives

Apr 11, 2018

Danish A.P. Møller – Mærsk A/S has decided to establish a restricted shares plan for the members of its Executive Board in addition to the stock option plan established in 2017. 'In continuation of the adoption of revised General guidelines for incentive pay and Remuneration Policy for A…

DP World Australia Extends Partnership with CMA CGM

Apr 11, 2018

DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings…

SAAM to Invest $85 Mln in Fleet and Infrastructure

Apr 11, 2018

Chilean maritime services and logistics company SAAM announced its plans to invest some $85 million to reinforce its tug fleet and maintain port equipment and infrastructure. 'In 2018, we expect to invest close to $85 million, which will be…

Whittaker Becomes First Canadian Female Cruise Ship Captain

Apr 11, 2018

Kathryn Whittaker has been promoted to captain of Sea Cloud Cruises’ Sea Cloud II, becoming the first female Canadian captain of a passenger cruise ship and the first ever first female to captain a vessel in Sea Cloud fleet. Prior to being promoted to captain last month…

CMA CGM Rolls Out Ocean Alliance Day Two Product

Apr 10, 2018

CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by…

Diana Shipping TC Contract for Melia with United

Apr 10, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with United Bulk Carriers International S.A., Luxembourg, for one of its Panamax dry bulk vessels, the m/v Melia.  The…

Long Beach Bests Q1 Cargo Record

Apr 10, 2018

Marine terminals at the Port of Long Beach handled almost 1.9 million twenty-foot equivalent units (TEUs) January through March, leading the port to surpass its previous first quarter cargo record set in 2007.March throughput reached 575,258 TEUs…

Fetten Named CEO at MV WEFTEN

Apr 10, 2018

Maritime industry veteran Peter Fetten will take over as President & CEO of German shipbuilder MV WERFTEN as of May 1, 2018. Jarmo Laakso will remain as Managing Director and step into the position of COO to focus on cruise shipbuilding.Fetten…

Ekse Joins Elliott Bay Design Group

Apr 10, 2018

Robert Ekse has joined Elliott Bay Design Group's team of naval architects and engineers as a project manager. He will be responsible for the initiation, management and execution of diverse projects and will be based in the Seattle office. Ekse…

Stena Line Expands Partnership with Telenor Maritime

Apr 10, 2018

Maritime mobile operator Telenor Maritime said it has expanded its long-term partnership with Stena Line and announced the introduction of the mobile ecosystem onboard their passenger ships, deploying a connectivity platform with Mobile/3G/4G…

Maersk Expands Online Platform Service Scope

Apr 09, 2018

Maersk Line takes further steps towards simplifying the supply chains of its customers by expanding the service scope on its online platform ship.maerskline.com to cover more major trades and addressing customers'pain points. The new scope…

Courson to Replace Spivak as Seaspan CFO

Apr 09, 2018

Ship owner Seaspan Corporation announced that Ryan Courson will take over as the company’s chief financial officer following David Spivak’s decision to leave the post in early May. Spivak will continue as CFO until May 5 and will stay on…

Mulherin Receives the Nimitz Award

Apr 09, 2018

Matt Mulherin, former executive vice president of Huntington Ingalls Industries and president of Newport News Shipbuilding, was recognized by the United States Navy League today as a 2018 recipient of its annual Fleet Admiral Chester W. Nimitz Award…

Naval Group Names Dupont Director, International Trade

Apr 09, 2018

With effect on 2 April, François Dupont is appointed Director of the International Trade department at Naval Group. He will oversee all the areas in which Naval Group has prospective customers. He reports to Alain Guillou, Executive Vice President…

Current News

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

Maersk Reopens Cargo Acceptance to Port of Haifa

Panama Canal Celebrates Nine Years Since Expansion

Subscribe for Maritime Logistics Professional E‑News