People & Company News


Stolt-Nielsen Names Grüner-Hegge CFO

Mar 27, 2018

Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018. Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr…

COSCO Shipping Ports More than Doubled Profit in 2017

Mar 26, 2018

Hong Kong-based port operator COSCO Shipping Ports said that it 2017 profits have more than doubled from a year earlier, partly due to a one-off disposal gain and higher operating profits. The subsidiary and listed company of China COSCO…

APM Reefer Terminal in Market-Leading Position

Mar 26, 2018

While Del Monte Fruit was announcing its return to APM Terminals’ Reefer Terminal in Vado Ligure, the Italian Terminal was reconfirming its position as fruit logistics market leader in Central-Southern Europe, during ‘Fruit Logistica 2018’ in Berlin…

Yang Ming Back to Profitability in 2017

Mar 26, 2018

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its  consolidated revenues of 2017 totaled NTD 131.08 billion (USD 4.4 billion), up 13.59% compared with NTD 115.4 billion (USD 3.88 billion) in revenue from previous year…

Greek Shipping Tycoon Denies Drug Trafficking Charges

Mar 26, 2018

Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The…

APL's Direct Service to Chu Lai

Mar 26, 2018

APL announced that APL Chu Lai, a 1,200-TEU vessel, has made her maiden direct call at the Chu Lai Tam Hiep Port on 24 March. This officially commences APL’s new weekly Chu Lai Haiphong Express (CHX) service that is delivering its first inbound…

DP World to Develop Kazakhstan's Special Economic Zones

Mar 25, 2018

Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE),   and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos…

DP World Wins Congo Port Concession

Mar 25, 2018

DP World, the Dubai-based ports operator, announced it has won a 30-year concession for the management and development of a port project in the Democratic Republic of Congo (DRC).  The port operator will set up joint venture with the Central…

Ponstein Appointed on Port of New Orleans Board

Mar 24, 2018

Gov. John Bel Edwards appointed Charles H. Ponstein to the Board of Commissioners of the Port of New Orleans as the St. Bernard Parish representative on the seven-member regional board. Ponstein was sworn in during today’s monthly Board meeting and will serve a five-year term succeeding William T…

Kwan re-elected vice chair, Vancouver Fraser Port Authority board

Mar 24, 2018

The Vancouver Fraser Port Authority board of directors has re-elected Eugene Kwan as vice chair for a third term commencing March 25, 2018. Mr. Kwan was appointed to the board of directors by the federal minister of transport as recommended by the Port User Group Nominating Committee…

Ardent, Vernicos, EPE Partner

Mar 24, 2018

Ardent, Vernicos Tugs and Salvage, a Greek-based tug & salvage service provider and Environmental Protection Engineering (EPE) a Greek-based Oil Spill Response provider, have formally partnered for future operations within Eastern Mediterranean and the adjacent waters…

Rotterdam Authority Invests in Port Railway Line

Mar 23, 2018

The Port of Rotterdam Authority has awarded consortium SaVe the contract to construct the substructure for the Theemsweg route.  The re-routing of part of the Port railway line will result in the increased freight train traffic no longer being hindered by shipping traffic…

Grindrod to Float Listing of Shipping Business Offshore

Mar 23, 2018

Grindrod, the South Africa-listed freight logistics and shipping services firm, said on Friday it will list its shipping business offshore, with a secondary listing on the Johannesburg bourse.Grindrod, which also has a financial services business…

Noble Group Founder Resigns Due to 'Amicable Differences'

Mar 23, 2018

Noble Group Ltd said this week's resignation of its founder Richard Elman was due to 'amicable differences' with the board and a group of senior creditors who are negotiating a debt restructuring that is crucial for its survival. In a statement late on Friday…

Cepsa Debuts South Europe's First Multi-product LNG Supply Vessel

Mar 22, 2018

Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel…

Current News

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