Investment company United Overseas Group (UOG) is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC), the two companies said on Thursday.The deal is subject to regulatory approvals and is expected to close in the first quarter…
Scorpio Bulkers announced Wednesday that it intends to change its name to Eneti Inc. as the company plans its pivot from dry bulk shipping to offshore wind farm construction and services.The name change, which remains subject to approval at a February 3 shareholders meeting…
Schulte Group invests in digital technology for the cruise sector by acquiring software provider Rescompany. Rescompany Systems Ltd. (Resco) is a provider of advanced hospitality software solutions to the cruise industry, and with its integrated ship to shore software systems…
Karsten Sævik has been named managing director of the New Havyard Ship Technology AS (NHST) shipyard in Leirvik, Norway, replacing outgoing managing director, Erlend Hatleberg, who has chosen to seek new opportunities outside the Havyard Group…
Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines…
The Isle of Man Ship Registry (IOMSR) has appointed Jonathan Kingdon as its first permanent representative in China.A well-known naval architect, experienced newbuilding project manager and Mandarin speaker, Kingdon has taken up the post from…
For the first time since its inception in 1982, Bay Diesel has a new president. As voted by their Board of Directors in October 2020, the Senior VP of Sales Willard “Rob” Robins has taken on the role of President, with Scott Wheeler, founder and current president…
The GAC Group said Monday it has opened a new office just north of Hamburg to provide support for some of the 14,000+ vessels that call at German ports every year.Headed by Thies Holm, GAC Germany will offer ship agency, husbandry, bunker fuels…
Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…
Interlake Holding Company announced today the purchase of the assets of Pere Marquette Shipping Company and Lake Michigan Car Ferry Company in an acquisition that includes two working Great Lakes vessels, the articulated tug-barge Undaunted…
Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this 'major acquisition' brings together the combined…
Loading of more than 140 agricultural export ships in Argentina has been stalled by a port-side oilseed workers' strike that started on Dec. 9, the head of the local chamber of soymeal manufacturers said on Monday, on the eve of talks on a new contract…
Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis…
Maritime servies firm Drew Marine announced it will launch a new cargo hold solution product segment, and that Alexandros Strigkos has been named as the Global Market Manager of the product segment.With its recent acquisition of CHEMO Hellas…
President-elect Joe Biden touted the diversity of his incoming administration as he introduced former rival Pete Buttigieg on Wednesday as his choice for U.S. transportation secretary.Buttigieg, the former mayor of South Bend, Indiana, would…