Grand Bahama Shipyard announced today that its acting chief executive officer David Skentelbery will assume the role of CEO following approval from the ship repair yard’s board of directors. Skentelbery has been with the company since January 2016…
Deltamarin Ltd has signed a contract with Chinese Guangzhou Shipyard International Co, Ltd (GSI) for consultancy and engineering services for the DFDS ro-pax ferries. Deltamarin earlier carried out contract design of the ship concept for GSI in cooperation with the owner…
Logistec Corporation announced the expansion of its network of terminals through the strategic acquisition of Gulf Stream Marine. This transaction will allow Logistec to establish a stronghold in the U.S. Gulf, strengthen its position in a high-growth market in the United States…
United Arab Emirates-based maritime conglomerate DP World has announced that Ethiopia will become a shareholder of the Port of Berbera in Somaliland, a crucial site for Middle Eastern trade, strategically located along the oil route. As the biggest shareholder of the port of Berbera…
Damen embarks on a new voyage with cruise newbuildingThe cruise market is experiencing a period of success. The segment has been growing by around 6.7 percent annually for some time now and with strong growth for seen in some markets – notably…
World Fuel Services (WFS) said it will supply fuel oil and marine diesel from a new physical marine fuel supply location in Port Manatee in Tampa, Fla. WFS said it will have two dual capacity tug and barge units to service the area and has also partnered with Vane Brothers…
Survitec appointed Mark Baines as Global Vice President, Cruise. Based in Survitec’s Miami office, he will build a dedicated sales and operations team focused solely on partnering with cruise clients to achieve their safety and equipment reliability objectives…
Equiom has appointed Geoff McCumesky to take on the position of Yachting Consultant, a new role created to meet the growing demands of Equiom’s multi-jurisdictional yachting and crewing services. The appointment comes as the Equiom yachting…
Trade infrastructure development to diversify Panama’s economy and DP World’s international experience in over 40 countries were at the centre of discussions held in Dubai yesterday between the global trade enabler’s Group Chairman and CEO Sultan…
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also…
Team Tankers International announced that it has entered into share purchase agreements to acquire all outstanding shares in each of Laurin Shipping and Anglo-Atlantic Steamship Company. In combination with associated ship purchases, the…
OSM Maritime Group says it is aiming to make the shipping industry accessible to all as part of its involvement in the UN Global Compact (UNGC) initiative. The ship management company,has signed a MOU to re-launch the Mozambican Higher School of Nautical Sciences…
North Carolina Ports has hired Benjamin M. Massa as the new Director of Carrier and Trade Development to further grow and expand container business at the Port of Wilmington. “NC Ports has experienced monumental growth in container business…
Palau International Ship Registry (PISR) has expanded its technology offering by linking with Pole Star to offer a comprehensive sanctions compliance and risk management service for its fleet vessels.Pole Star’s Purple TRAC is a comprehensive…
Korean carrier Hyundai Merchant Marine (HMM)’s expansion plans are incompatible with market stability. Will it settle for more limited ambitions? An Analysis by Drewry. South Korean carrier Hyundai Merchant Marine (HMM) is back in the news…