People & Company News


EMAC Sets Course for Fast-track Arbitration

Apr 09, 2018

Continuing its work to provide the region’s maritime and legal communities the opportunity to learn more about arbitration, the Emirates Maritime Arbitration Centre (EMAC) hosted its fourth breakfast session of 2018 on April 8, at its offices in DIFC…

COSCO Shipping Development Reports Higher Revenue

Apr 08, 2018

China-based ship leasing and transportation businesses company COSCO Shipping Development announced its 2017 performance and stated that the company realized revenue of RMB 16.34bln (USD 2.59bln) in 2017, up 2.4% compared with that of 2016…

APL Rolls out China Bangkok Express Service

Apr 08, 2018

APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connection from Nansha to Bangkok in four days…

Rising Imports Threatened by Growing Trade War

Apr 07, 2018

Imports at the nation’s major retail container ports are expected to grow a healthy 5.8 percent year-over-year this month but could be threatened in the future if the developing trade war between the United States and China continues to escalate…

APM Terminals Mumbai Handles Record Volumes

Apr 06, 2018

APM Terminals Mumbai, India handled a record 2.3 million TEUs during its 2017-2018 financial year. This is the terminal’s highest volume since the terminal was built in 2006. The terminal received over 633 vessels over the course of the year…

A.P. Moller Holding Appoints Jan T. Nielsen as CIO

Apr 06, 2018

Jan Thorsgaard Nielsen, Senior Managing Director of Blackstone, is appointed Chief Investment Officer (CIO) of A/S. A P Moller Holding (APMH). APMH is a privately owned holding company and is the biggest shareholder in A P Moller-Maersk (APM)…

Huisman Taps Bruijninckx as CEO

Apr 06, 2018

Huisman announced Theo Bruijninckx has been appointed as the company’s new chief executive officer to replace Joop Roodenburg, who decided to step down to the president role.Bruijninckx joined Huisman as chief financial officer and member of the board in May 2017…

McCane Named Director at Newport News’ Apprentice School

Apr 06, 2018

U.S. shipbuilder Huntington Ingalls Industries (HII) announced that Latitia D. McCane has been named director of education for The Apprentice School at Newport News Shipbuilding.McCane is responsible for the overall leadership, vision and strategic direction of craft training…

Busan Port Endeavors to Attract Shipping Alliances

Apr 05, 2018

Busan Port Authority carried out marketing activities to attract T/S cargo from three global major shipping alliances through visiting their Asian Pacific regional headquarters. The three global alliances, 2M(Maersk, MSC), OCEAN (CMA·CGM…

Martinez Steps Down from LA Harbor Commission

Apr 05, 2018

Ambassador Vilma Martinez will step down as president of the Los Angeles Harbor Commission on April 6. Since joining the board in 2013, Ambassador Martinez oversaw several major milestones, including consecutive years of record cargo growth…

Evans to Lead International Salvage Union

Apr 05, 2018

The International Salvage Union has selected Roger Evans as its new Secretary General. He will succeed Mark Hoddinott who is retiring later this year after six years in the post. Evans is expected to join ISU during July to begin the handover…

Feringa Exits NORDEN’s Board of Directors

Apr 05, 2018

Team Tankers CEO, Hans Feringa, has resigned from the board of directors at Dampskibsselskabet NORDEN A/S following Team Tankers’ acquisition of a potential competitor to NORDEN’s tanker business.Team Tankers announced on Wednesday that…

KOTUG Buys Teekay’s Stake in Australian Towage JV

Apr 05, 2018

KOTUG Australia and Teekay Shipping Australia Pty Ltd. have reached a deal to reshape KT Maritime Services Australia Pty Ltd. (KTM) from a 50/50 joint venture to a full subsidiary of the KOTUG group. KTM was incorporated in 2012 to serve the Australian towage market…

Danish Projects Boost Maritime Digitalization

Apr 05, 2018

Digital nautical charts and better communication at sea are some of the concrete solutions that can boost the development of the maritime sector.Danish Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, is pleased with…

Britannia Bolsters Underwriting Team

Apr 05, 2018

Britannia has bolstered its underwriting presence with three appointments as part of the company’s growth strategy. The recruitment drive comes as the curtain falls on the 30-year underwriting career of Steve Myatt, who has decided to step down from his role as underwriting Director…

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