Denmark shipping company that owns and operates product tankers and bulk carriers TORM exercised two options for the construction of two LR1 newbuildings for a total commitment of USD 74m and with expected delivery in 2019 through the first quarter of 2020…
Eric Lee has been elevated to partnership in Holland & Knight’s Washington, D.C., office. Lee brings extensive experience in domestic and international shipping, supply chain services and logistics, as well as in a broad range of corporate…
E-navigation specialist NAVTOR said it has appointed Anders Holme for the role of Chief Technology Officer. Holme will manage teams that work across offices in Egersund, Norway, Singapore, Japan, Sweden, Russia, the U.S. and U.K. NAVTOR’s…
Diana Shipping , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong…
The Piraeus Port Authority (PPA) has presented its proposals for the master plan for the development of Greece's largest port of Piraeus under “Master Plan of the Port of Piraeus'. The compilation of the Master Plan for the development…
Moving from smart talk to practical solutions and learning from other industries will be the twin themes of an industry event scheduled for Vancouver in March. Technology will be an enabler, but the maritime industry will have to be prepared…
Maritime engineering company Intermarine UK has unveiled growth plans after investing a six-figure sum in a new 2,400sqm fabrication and welding facility at Portland Port in Dorset, U.K. creating up to 60 new jobs for local people in the next two years…
A group of seafarers are stuck in the port of Durban, South Africa after their vessel was detained for non-payment of wages.The multinational crew working aboard tug/supply ship PSD2 had not been paid for as long as 15 months and were in need of food and fresh water…
Singapore-based Emas Offshore announced that CEO and Executive Director Capt. Adarash Kumar has tendered his resignation and his last day of service will be on April 6, 2018. In a stock exchange filing, the operating brand for Ezra Holdings…
Environmental protection is one of the main criteria of sustainable development, says Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil…
Association of Dutch Shipowners (KVNR) has appointed Annet Koster as its new director from 1 March 2018. Annet Koster will join the shipowners' association ass the face of the KVNR, will make a strong case for Dutch shipping, said the…
Chembulk Tankers announced that one of its wholly owned subsidiaries, Chembulk Holding LLC, has priced USD 200 million in senior secured bonds which will carry a coupon of 8.00% and be due in February 2023. The net proceeds from the bond…
Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licences. The company had announced in October that it would halt physical…
The Liberia Maritime Training Institute (LMTI) was officially opened by Liberia President Ellen Johnson-Sirleaf during an inauguration ceremony in Marshall City, Liberia, on January 5.The facility is named after John G Bestman, former Liberian…
South Africa’s competition watchdog becomes final signatory allowing Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL ), Nippon Yusen Kabushiki Kaisha (NYK ) merger, so that Joint venture (JV) can start operations on April 1. 'K Line…