People & Company News


Straightpoint Appoints Euro-Lift as Russian Distributor

Jun 19, 2017

Straightpoint has named a distributor in Russia, as Euro-Lift, based in Tolyatti near Samara on the Volga River, joins the company’s expanding dealer network.Integral to Hampshire, UK-headquartered Straightpoint’s growth strategy is partnerships with lifting-centric businesses across the world…

Pillai Joins Dan-Bunkering

Jun 19, 2017

Dan-Bunkering (Middle East) DMCC has announced that Radhik Pillai started as Bunker Trader in the company’s office in Dubai on June 1, 2017. Pillai was born in India but raised in UAE where he has also pursued his MBA from Manipal University…

DOF Subsea Shelves IPO Plans

Jun 18, 2017

Norway's DOF Subsea has decided to hold off on launching its initial public offering (IPO), citing volatile market conditions. Company shareholders DOF ASA, with 51 percent, and a fund managed by First Reserve, with 49 percent ownership…

Latvian Shipping Company Adds 25th Tanker to its Fleet

Jun 18, 2017

The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Falcon”, which is the 25th tanker managed by LSCSM.  The new tanker is intended for transportation of oil products…

Vroon Says Talks with Banks ‘Constructive’

Jun 16, 2017

Troubled family-owned Dutch shipping group Redderij Vroon has dismissed media reports claiming the company’s future to be uncertain, as it may be unable to service its debt.  The Dutch company specializing in offshore and shipping business has reached agreement with its creditors…

Leadership Change at Wabash National Corporation

Jun 16, 2017

Wabash National Corporation, a diversified industrial manufacturer and North American producer of semi-trailers and liquid transportation systems, announced that Mark Weber, senior vice president and group president of Diversified Products,…

Pacific Radiance Gets USD 45.3mln in Vessel Deals

Jun 15, 2017

Singapore's Offshore support vessel (OSV)-focused Pacific Radiance said that it has won US$45.3 million of new contracts including options, which will add to its operating cash flow. Under these contracts, ten of the Group’s offshore support vessels…

ETF, ECSA Join for Digitalisation in Shipping

Jun 15, 2017

European seafarers and shipowners highlight the importance that shipping is urgently better served by smart digital solutions to finally decrease the administrative burden they face. European Transport Workers' Federation (ETF) and European…

EMI Opens Houston Location

Jun 15, 2017

EMI, a division of W&O, said it has expanded its efforts to support the inland boat sector by opening a new location in Houston. Craig Cabiro, COO of EMI, said the new location will offer service capabilities and inventory locally for the Southeast Texas market…

Funding Secured for New UK Offshore Training Site

Jun 15, 2017

Trade representative body Mersey Maritime has praised the power of partnership as an agreement was signed at its Birkenhead headquarters June 14 to develop a brand new maritime and offshore training facility in the UK’s North WestInvestment…

Gullickson Joins EBDG

Jun 14, 2017

Stephanie Gullickson joins Elliott Bay Design Group's Seattle office as the Marketing Manager. She brings 12 years of experience within the maritime industry including management, marketing, sales, event planning and administrative support.…

Gulf Petrochem Expands European Bunkering Division

Jun 14, 2017

Gulf Petrochem Group, the UAE based global bunker supplier, said it is now officially offering physical supply of Gasoil on the River Thames, U.K. The group’s deliveries will be carried out using a barge on an exclusive long-term charter named the Conveyer…

DNV GL Opens Fleet Performance Centers

Jun 14, 2017

DNV GL informs it has opened two digital fleet performance centers in Hamburg and Singapore to support its ECO Insight customers in monitoring and optimizing their fleets.Expert systems at the fleet performance centers are able to check…

Active Shipping Moves Tanker and Bulk Carrier Fleet to Sealink VSAT

Jun 14, 2017

Active Shipping is teaming up with Marlink and its regional partner Ozsay Satellite Communications to move into the world of high-speed maritime broadband and ship digitalization. By installing Marlink’s Sealink Global VSAT service combined with the XChange digital solutions platform…

Kirby Corp Acquires Stewart & Stevenson

Jun 14, 2017

Houston based tank barge operator Kirby Corporation said it has signed an agreement to acquire the assets and businesses of Stewart & Stevenson LLC for approximately $710 million.The agreement was signed on June 13 by the companies’ executive chairmen…

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