The U.S. Senate has confirmed Mark H. Buzby as the new administrator of the Maritime Administration (MARAD). MARAD executive director Joel Szabat had been serving in lieu of the administrator following the departure of outgoing administrator Paul “Chip” Jaenichen…
Royal Dutch Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.In the past few days, Rheinland refinery representatives…
South Korea's leading container carrier Hyundai Merchant Marine (HMM) will allocate more vessels to meet rising demand on U.S. routes in the coming months, reported Yonhap. HMM expects a shortage of container carriers on the high-traffic routes from August to October as U…
Greek shipping heir Paris Kassidokostas-Latsis along with with two leading global investors formed a joint venture vehicle, Ivy Shipping LLC, with the primary purpose to invest in Supramax and Panamax dry bulk carriers. As a first investment move…
SUNY Maritime College said it has expanded its global reach by signing a memorandum of agreement with the International Maritime University of Panama, paving the way for further cooperation between the two institutions, including student and faculty exchange programs…
Classification society DNV GL said its surveyors have carried the group’s first offshore drone survey on the semisubmersible vessel Safe Scandinavia in the North Sea. The 25,383 GT tender support vessel (TSV) Safe Scandinavia is owned and operated by Prosafe…
Dr Bernd Buchholz, Minister of Economics, Transport, Labour, Technology and Tourism in the Federal State of Schleswig-Holstein, paid an official visit to the port of Kiel on August 1st. During a tour of facilities the minister was briefed…
Project, breakbulk and heavylift cargo transporter Intermarine, LLC said its president and CEO, Al Stanley, has stepped down to pursue other opportunities. Stanley was succeeded by Andre Grikitis, who assumed the role of President & CEO of Intermarine…
Citing declining vessel values and 'volatile industry conditions,' FSL Trust Management Pte. Ltd., as trustee-manager of First Ship Lease Trust, announced the Trust has taken an impairment charge of $24.1 million on eight vessels, and consequently a net loss of $21…
SUNY Maritime College’s Stephen B. Luce Library has been awarded $50,000 from the National Park Service and the U.S. Maritime Administration (MARAD) to continue efforts to digitize records documenting the history of Sailors’ Snug Harbor on Staten Island…
The International Maritime Prize for 2016 will be awarded to former Secretary General of the International Maritime Organization (IMO) Koji Sekimizu for his contribution to the work of IMO over many years. The Council unanimously decided to award the Prize to Sekimizu…
Dometic has appointed 18-year company veteran Paul Hickinbotham as its Product Manager EMEA Marine. In this newly created role, Hickinbotham is tasked with helping to drive product innovation and customer responsiveness by channeling the…
Deputy Director, Kyle Burleson, steps in as interim executive director Kyle Burleson, current deputy director at the Detroit/Wayne County Port Authority (DWCPA), has stepped in as the interim executive director, replacing John Loftus as he transitions out of the executive director role…
Liebherr Maritime said it will establish full service, spares and sales activities in Australia, New Zealand and the Oceania region to create better support for maritime customers using factory trained and locally recruited engineers. Additionally…
On August 1, 66 young men and women started their apprenticeship at Hapag-Lloyd. “Highly qualified and motivated employees are a decisive factor in a dynamic and extremely competitive sector like container shipping,” said Hapag-Lloyd CEO Rolf Habben Jansen as the new training period began…