Japan's Tsuneishi Holdings Corporation said that its shipbuilding business output was nearly flat with the construction of 45 ships in the fiscal year ending December 2016. However, ship orders declined markedly due to the impact of last…
Hapag-Lloyd shareholders approved all items on the agenda at today’s Annual General Meeting. In particular, the shareholders approved the creation of new authorised share capital. This is to be used for a planned capital increase of USD 400 million…
North Carolina Ports has named Brian E. Clark as its new Chief Operating Officer, responsible for directing and coordinating the activities of the line and staff components of all terminal operations. He will also oversee the execution of the…
In the first quarter of 2017, the Port of Hamburg’s total throughput was up by 1.7 percent at 35.4 million tons. Growth in Germany’s largest universal port was therefore slightly above the average 1.6 percent for the other major North Range ports of Rotterdam…
XL Catlin has announced the promotion of Rob McAdams to the position of Chief Underwriting Officer for Global Marine with immediate effect. Previously, McAdams held the role of UK/ Ireland Marine Leader.McAdams has 20 years’ experience in the insurance industry…
Hoegh LNG Partners closed the acquisition of 51% interest in Höegh LNG Colombia Holding, the owner of the entities that own and operate the Höegh Grace on January 3, 2017. The results of the Höegh Grace contributed to the Partnership's earnings for the full first quarter of 2017…
A new company set up by NorSea Group to simplify logistics through digital technology, NSG Digital, has established a collaborative agreement with the Kongsberg Group. The two are now moving the development and deployment of their new product…
Mining and commodities trading group Glencore Plc would prefer to grow its business through acquisitions rather than greenfield investment, its chief executive said on Wednesday. Addressing an annual general meeting in Cham, Switzerland…
German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company.The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year…
The Long Beach Board of Harbor Commissioners has appointed Duane Kenagy as the Port of Long Beach’s deputy executive director. Kenagy most recently served as interim chief executive, overseeing the nation’s second-busiest seaport during…
Birgitte Ringstad Vartdal, CEO of Golden Ocean, has been awarded the WISTA LeaderShip Award 2017 by WISTA Norway as recognition of her contribution to the maritime industry, her competency and leadership skills within the traditionally male dominated role of CEO…
The American Equity Underwriters, Inc., a provider of workers’ compensation insurance for maritime employers, announced that two employees – John A. “Jack” Martone and Ryan LeVeque – have been named to the board of directors of the Longshore Claims Association…
Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…
Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…
Honored for his nearly 40 years of service after founding a global charity which operates the world’s largest private hospital ship, Mercy Ships founder and president Don Stephens received an honorary Doctor of Divinity degree at Gordon College Saturday at the institution’s commencement ceremony…