People & Company News


First Coast Guard Ancient Tridents Named

Mar 23, 2017

U.S. Coast Guard leaders and guests joined together Thursday to recognize Rear Admiral Linda Fagan and  Master Chief Petty Officer Richard 'Shane' Hooker, the first Ancient Tridents, at the Ancient Trident Ceremony held at the Alexander Hamilton Custom House…

Mumbai Harbour Channel and JN Port Channel to Expand

Mar 22, 2017

The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II). The…

Maersk Line, Hamburg Sud Offer Merger Concessions to Gain EU Approval

Mar 22, 2017

Maersk Line, the world's biggest container shipping firm and part of Danish conglomerate A.P. Moller-Maersk, has offered concessions to EU antitrust regulators in an attempt to get approval for the takeover of German rival Hamburg Sud. A ruling on the deal…

Shipping Confidence Steady despite Industry, Political Pressures

Mar 21, 2017

Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  In February 2017, the average confidence level expressed by respondents was 5…

Container Shippers Ordered to Testify in US Investigation

Mar 21, 2017

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday. The world's biggest container shipper…

Thessaloniki Port Workers Plan Stoppage to Protest Port Sale

Mar 21, 2017

Workers at Greece's second-biggest port, Thessaloniki Port, will walk off their job for a few hours on Wednesday to protest the port's sale, a key condition of the country's international bailout. The sale was launched in 2014 but has been plagued by delays and political resistance…

Crowley, Penn Terminals Sign Multi-year Services Agreement

Mar 21, 2017

Crowley Maritime Corporation said it has signed a multi-year stevedoring and terminal services agreement with Penn Terminals in Eddystone, Pa., to accommodate the company’s weekly Northeast container shipping service to and from San Juan, Puerto Rico…

O’Hollaren Named Port of Portland Marine Marketing Director

Mar 21, 2017

The Port of Portland has hired Ken O’Hollaren to lead the Port of Portland’s marine marketing efforts, starting March 20, 2017. O’Hollaren previously served as the executive director of the Port of Longview and the Port of Port Angeles,…

Bahri Opens Office in Houston

Mar 21, 2017

Bahri has opened its second North American office in Houston, home to one of the country’s largest breakbulk and general cargo ports. The new location is Bahri’s second in North America, following Bahri Logistics (America), which has been operating out of Bahri’s U…

SM Group Mulls More Takeovers

Mar 20, 2017

South Korea’s Samra Midas Group (SM Group) said that it is looking to acquire some overseas shippers, among other businesses in an effort to expand its foothold in the maritime sector, Yonhap News Agency cited one of the company’s officials…

DP World’s Net Income Exceed USD 1 Bln for First Time

Mar 20, 2017

Dubai-based port and terminal operator DP World announced strong financial results from its global portfolio for the twelve months ending 31 December 2016, despite “significant challenges” in the industry. On a reported basis, revenue grew 4…

MSRC Delivers PPU Presentation to Mexican Pilots

Mar 20, 2017

The Maritime Simulation Resource Centre (MSRC), a pilot simulation training and port feasibility studies facility, recently gave a presentation on Portable Pilot Units (PPUs) to the directors of all the Mexican Pilots Associations. The day-long workshop was given at the request of Captain ALT…

Shell Marine Secures IMPA ACT Accreditation

Mar 20, 2017

Shell Marine said it has become the first company involved in the development, supply and support of marine lubricants to receive accreditation under the International Marine Purchasing Association’s IMPA ACT Sustainable Maritime Suppliers scheme…

Danos Posts Best Safety Record in Company History

Mar 20, 2017

Danos completed 2016 with a Total Recordable Incident Rate (TRIR) of 0.11, the lowest since the company began tracking the data in 1979. The company credits this record to its comprehensive safety management system and the dedication of employees at every level…

Ezra Holdings Files for Bankruptcy in US

Mar 19, 2017

Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy industry, Reuters reported. Ezra  has been facing hostile actions from creditors at home and abroad…

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