A Chinese shipping company executive was murdered in Karachi, Pakistani on Monday in what police say appears to be targeted attack.The man, identified as Chen Zhu, the Pakistan general manager of Cosco Shipping Lines Co, shot dead while in his car in the port city of Karachi…
Georgia Ports Authority Executive Director Griff Lynch outlined a plan that will double container handling capacity to 10 million TEUs at Garden City Terminal within 10 years. The GPA Executive Director reviewed the strategic plan for Georgia's…
Dubai-based terminal operator DP World has reported record container volumes of 70.1 million TEU (twenty-foot equivalent units) for 2017, a jump of 10.1 percent year-on-year. In the fourth quarter, the global portfolio grew 10.3% year-on-year on a reported basis and 9…
Michelle Handforth has taken over the role of chief executive at Aberdeen Harbor Board, the U.K. offshore oil and gas port. This comes after an extensive recruitment process, when Handforth, who has 20 years of board and leadership experience in global…
German-based Hapag-Lloyd opened a new office in the Ghana port city Tema, on February 1, 2018. Effective immediately, the company will be represented at the local level by its own customer service staff. “Africa is strongly developing just now…
Joseph Smith has joined SpotSee as supply chain director, responsible for directing and coordinating supply chain processes, procurement, production capacity and resource planning operations. Smith brings to the role more than 20 years of experience…
Hong Kong's Hutchison Port Holdings Trust (HPH Trust) saw its fourth-quarter earnings fall 38.4 per cent on weaker revenue and losses from associated companies. The company announced an attributable net profit of HK$237.8 million for the three months to Dec 31 last year - down from HK$385…
The Government of India has decided to sell off its entire public stake in Dredging Corporation of India (DCIL), said the Minister of State for Shipping Mansukh L Mandaviya. This decision aims to upgrade technology, improve capability,…
Dry bulk shipper Cargill said it is partnering with four NGOs to advance sustainability initiatives and increase accountability across the ocean shipping industry.The company said it has aligned with the Global Maritime Forum, the Maritime Anti-Corruption Network…
Eric Coleman has joined Elliott Bay Design Group's team of naval architects and engineers, bringing with him six years of marine experience. Coleman’s experience is broad, with an emphasis on preliminary and detail design work of aluminum and steel vessels…
The commodity trader Noble Group says proposed agreements to sell four dry bulk carrier vessels fell through after the buyers failed to get approval from their boards, reports Strait Times. The disposal of the freight vessels for gross…
Germany's Peter Döhle and Greece's Costamare are merging operations of their container ships in a new joint venture (JV) named dubbed Blue Net Chartering headquartered in Hamburg. Blue Net Chartering will serve the container fleets operated by both as well as third-party vessels…
The Italian shipbuilder Fincantieri signed Friday an agreement to buy 50% of the share capital of France's STX Shipyard, for 59.7 million euros. This takeover is part of the agreement in principle reached in September between France and Italy…
Despite a shift in demand in the chemical shipping sector, Navig8 Chemical Tankers ended the fourth quarter ended 31st December, 2017 with a widened net loss of USD 3.7mln. Revenue for 4Q17 was $43.3 mill, compared to $33.9 mill for 4Q16. “The…
RightShip, the world’s leading maritime risk management and environmental assessment organisation, has appointed its new CEO. Martin Crawford-Brunt will replace outgoing CEO Warwick Norman who announced his decision to step down from the position in 2017…