People & Company News


Diana Shipping Wins TC Contract from Ausca

Jan 22, 2018

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…

PPA Presents Proposals for Piraeus Port Master Plan

Jan 22, 2018

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…

Transas Conference to Plot Industry’s New Course

Jan 22, 2018

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…

Intermarine UK Opens New Facility

Jan 22, 2018

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…

Unpaid Seafarers Stranded in Durban

Jan 22, 2018

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…

Emas Offshore CEO Capt. Adarash Kumar Resigns

Jan 21, 2018

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…

Azerbaijan Caspian Shipping to Prevent Environmental Pollution

Jan 21, 2018

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…

Annet Koster New Director of KVNR

Jan 19, 2018

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 Issues USD 200mln Bond

Jan 19, 2018

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 Exits Singapore Bunker Market

Jan 19, 2018

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…

Liberia Opens Maritime Training Institute

Jan 19, 2018

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…

Ocean Network Express Completes Merger Approvals

Jan 18, 2018

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…

Digital Naming of Stena Immortal

Jan 18, 2018

The digital naming of the MR tanker Stena Immortal took place January 18 at Stena's new office in Hellerup in the north of Copenhagen.The 50,000 dwt Stena Immortal was built at the Guangzhou Shipbuilding International (GSI) shipyard in southeast…

Global Ship Lease Eyes Acquisitions

Jan 18, 2018

The London-based Global Ship Lease (GSL) said that it  is well-positioned as one of few publicly listed containership leasing companies to acquire attractive portfolios of ships, attract growth capital or find a complementary merger partner…

GOGL Acquires New Vessel

Jan 18, 2018

Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) has  taken delivery of the second vessel, Sea Monterrey (to be renamed Golden Monterrey).  On October 16, 2017 GOGL announced that it has entered into agreements to…

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