Team Tankers International announced that the acquisitions of Laurin Shipping AB and Anglo-Atlantic Steamship Company have been completed. The Bermuda-based chemical tanker company on 28 February 2018 and 23 March 2018 regarding its agreements…
Riverstone Holdings and The Carlyle Group jointly announce that they intend to sell HES International to a consortium of Macquarie Infrastructure and Real Assets (MIRA) & Goldman Sachs. Macquarie European Infrastructure Fund 5, which is managed by MIRA…
NETSCo president and CEO Richard A. Mueller has been nominated by his peers and approved by the Fellows Committee to be elevated to Fellow membership in the Society of Naval Architects and Marine Engineers (SNAME). Mueller has been a SNAME…
Crowley Logistics opened its newly expanded Medley warehouse in Miami this week to provide more seamless and efficient supply chain services to South Florida customers. The project, which began in November 2017, consolidates the company’s Medley…
Netherlands based full-service crewing agency Boreas Maritime has appointed Pascal Bounin as Operations Director as the company ramps up for projected growth from 2018 and beyond. In addition, Eric Nijman has been named Senior Account Manager…
Huntington Ingalls Industries announced that Australia’s Department of Defence has awarded a contract to Naval Shipbuilding Institute (NSI), a joint venture between HII’s Technical Solutions division and Kellogg Brown and Root’s (KBR) Government Services division…
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series…
Japan's Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced the completion of payment for investment in their new joint venture in the container shipping business, Ocean Network Express Pte…
As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KGaA and will lead the international technology company.He succeeds the long-serving head of the Board, Dr. Hubert Lienhard…
Genco Shipping & Trading Limited announced it has established a European subsidiary in Copenhagen to be led by newly appointed Commercial Director, Minor Bulk, Europe, Sune Linné Fladberg. “We continue to take steps to solidify our sizeable…
Höegh Autoliners steps up its direct service to Australia and New Zealand from the U.S. and Mexico, now offering two sailings per month. The service started as a monthly service earlier this year, and gives Höegh’s customers up to 30 days shorter transit-time from USA and Mexico to Australia…
The founded and Chairman of Pacific International Lines (PIL) Chang Yun Chung announced that he is stepping down and the current Managing Director SS Teo will take over from him. In a statement he said, 'I wish to inform you that as part of PIL’s ongoing renewal and succession plan…
On April 2, NYK held a ceremony at its head office in Tokyo to welcome 48 new employees joining the company in the 2018 fiscal year. Extending a warm welcome the NYK president Tadaaki Naito congratulated the new staff members, He informed that this year…
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha…
Atlantic Navigation Holdings said that discussions pertaining to sale of a substantial equity stake to Gulf Navigation Holding have terminated because the parties involved could not reach an agreement on the definitive terms. 'The deal…