People & Company News


Huntington Ingalls Promotes Two Vice Presidents

Mar 19, 2018

America’s largest military shipbuilding company announced that Jeanne Callahan has been named corporate vice president, internal audit, and that David “Chip” Wasson has been named corporate vice president, corporate strategy.  Both promotions are effective immediately…

Dan-Bunkering Promotes Two Bunker Traders

Mar 19, 2018

Dan-Bunkering has announced the promotion of Bunker Traders Rali Bara and Lamin Bara in its Dubai office as of March 1, 2018.  Rali Bara, who joined the Dubai office in 2013 was promoted to Bunker Trader & Team Leader and has during his…

PSA International sees profit jump 5.0%

Mar 19, 2018

* PSA International Pte Ltd (PSA) handled 74.24 million TEUs for the year ended 31 December 2017, representing an increase of 9.8% from the previous year.* PSA's flagship Singapore Terminals contributed 33.35 million TEUs, increasing 9.0% over 2016…

Wärtsilä acquires Transas

Mar 19, 2018

Wärtsilä announced today that it has acquired Transas, an innovative, digital solutions provider headquartered in the UK. This acquisition is a recognition of Transas’ strong position in the maritime technologies market and its technological leadership…

DP World Acquires Cosmos Agencia Maritima in Peru

Mar 18, 2018

Dubai-based DP World, , one of the world's largest port operators, said it had bought a logistics firm  Cosmos Agencia Maritima (CAM) in Peru for $315.7 million, giving it a 50 percent stake in the country's second largest container terminal…

ISWAN :Infographics for seafarers Psychological Wellbeing at Sea

Mar 17, 2018

ISWAN has produced four new infographics, in partnership with The Shipowners' Club, using extracts from its latest self-help guide for seafarers, Psychological Wellbeing at Sea. Psychological wellbeing enables us to function well, feel good about ourselves…

Changes at Teekay's top deck

Mar 17, 2018

Teekay Tankers Ltd. (Teekay Tankers or the Company) announced today the following changes to its Board Audit Committee:• Richard D. Paterson has been appointed as the new Chair of the Audit Committee, effective March 15, 2018.• William Lawes has stepped down as Audit Committee Chair…

Work in Progress to Expand Dunkirk Box Terminal

Mar 16, 2018

Container handling in the Port of Dunkirk takes place mainly at the Flanders Terminal. The activity continues to grow steadily, with numbers increasing from 200,000 TEU in 2010 to 375,000 TEU in 2017. In February 2017, to maintain this development…

New Members Join NOAA’s Hydrographic Services Advisory Panel

Mar 16, 2018

NOAA acting administrator retired Navy Rear Adm. Tim Gallaudet, Ph.D., has appointed three new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving a range of services…

MCA’s CEO Massey to Retire by End 2018

Mar 16, 2018

Maritime & Coastguard Agency (MCA) chief executive Sir Alan Massey announced he plans to retire from the role before the end of 2018. The Department of Transport will begin its search for Massey’s successor on March 19. Massey will continue…

CMA CGM Expects Volumes to Remain Strong in 2018

Mar 16, 2018

Container shipping group CMA CGM said it expects a rebound in the industry to continue this year on the back of brisk economic growth, playing down the immediate impact of geopolitical tensions. French-based CMA CGM, one of the world's biggest container lines…

Hong Kong's Richest Man Li Ka-shing Retires

Mar 16, 2018

Li Ka-shing to retire after annual general meeting on May 10; will stay on as senior adviser to the group. Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd on Friday, bringing to a close…

DP World's Earnings Grow 15.1%

Mar 16, 2018

Global trade enabler DP World today announces strong financial results for the twelve months ending 31 December 2017. The company delivered earnings in excess of $1 billion and above 50% EBITDA margin for the full year.Revenue grew 13.2% and adjusted EBITDA increased 9…

MOL Graduates Final Class in 3rd Year Program

Mar 16, 2018

Mitsui O.S.K. Lines, Ltd. announced the graduation of 87 students in the seventh and final class of the '3rd Year Program,' which MOL introduced with the goal of developing crew members who will uphold strict safety standards in vessel operation…

Wrist Grows Despite Tough Markets

Mar 15, 2018

During 2017 Wrist Ship Supply kept working with customers on enhancing their profitability and continued the steady expansion of its global business platform. Most shipping segments were depressed by low rates last year, and activity in…

Current News

Verizon Wins 5G Contract for UK's Thames Freeport

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

First Digital Fuel Certificate Issued for Ammonia Bunkering

Panama Warns of Middle East Security and Sanctions Risks

Subscribe for Maritime Logistics Professional E‑News