Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…
Seafarers’ House has hired Jennifer Stewart, CFRE, as its new development director. Stewart has more than a dozen years of experience leading development efforts at a number of South Florida-based nonprofit organizations.Stewart comes to Seafarers’ House from the Community Foundation of Broward…
The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a period of weak oil prices. For the 60-year-old American…
U.S. Congressman Ander Crenshaw (R-FL) and MARAD Administrator Chip Jaenichen received maritime leadership awards from the Shipbuilders Council of America (SCA) on April 14, 2016. The awards recognize exemplary individuals from Congress and…
A newly funded professorship in the Naval Architecture and Marine Engineering Department underscores ABS’ commitment to education. ABS has endowed the American Bureau of Shipping Professor of Marine and Offshore Design and Performance position at the University of Michigan…
Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors…
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…
APM Terminals CEO Kim Fejfer addressed the challenges facing port operators in today’s volatile market as well as the requirements for success, calling for investment, consolidation and rationalization in the port industry. “The need for…
Yves Barraquand has been appointed as the new CEO of control, instrumentation and electrical engineering specialist CMR Group. Taking over from Pascal Fouache, who has led the Group since 1991, Barraquand, will lead an organization employing…
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners…
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25…
River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship, the 128-passenger Avalon Imagery II. Built at a shipyard in the Netherlands…
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav said that Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic by 2018…
Facing continued growth driven by client demand, the Great Lakes Towing Company and Great Lakes Shipyard have together added 20 new employees in Q1 2016 and are looking to hire an additional 50+ employees before the end of Q4 2016.“We’re looking out for the future…
On April 14 in testimony before the Coast Guard and Maritime Transportation Subcommittee of the House Transportation and Infrastructure Committee, Tom Allegretti, President & CEO of The American Waterways Operators (AWO), will press for continued…