DP World signed two major contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. His Excellency Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer; Zeyad Baker…
ClearMetal, a predictive logistics company, closed a $3 million seed financing round from leading global investors— NEA, Skyview, and Schmidt’s Innovation Endeavors. ClearMetal will use the investment to bring predictive intelligence to container shipping…
Leif Kristian Weum has been appointed to the position of Managing Director of the Kongsberg Maritime Sales and Service office in Athens, Greece. Kongsberg Maritime Hellas SA is a key Sales & Customer Support office established to serve the significant number of Greek shipping companies…
U.S. Coast Guard Commandant Adm. Paul Zukunft delivered the 2016 State of the Coast Guard Address at U.S. Capitol Visitor Center Congressional Auditorium Tuesday.This was Adm. Zukunft’s second State of the Coast Guard Address and he welcomed the opportunity to recognize Service accomplishments…
AkzoNobel has announced the issue of more than 126,000 carbon credits worth more than $500,000 – the first to be awarded under the company’s landmark scheme for the shipping industry – which was developed in conjunction with the Gold Standard Foundation and the Fremco Group…
After two previous successful motorcycling and boating events in 2013 and 2015, organizers of the Boaterz N’ Bikerz of America Hull of a Tour are back this summer for “Pacific Coast Rush,” a nine-day escorted motorcycle ride from Seattle to San Francisco…
Neptune Orient Lines (NOL), the parent of containerline, APL, narrowed its fourth-quarter loss to US$75.45 million as the shipping company cut costs amid ongoing weakness in the industry. For the full year, NOL swung to a net profit of US$707…
CMA CGM Vice-Chairman Rodolphe Saadé confirmed talks between the French container shipping line and potential partners regarding the future of its alliances, says WSJ. Saadé told the Journal that “we are becoming a larger shipping line…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced that it has kicked off its 2016 scholarship season. Accepting applications until March 15th, children…
Cathelco have submitted a Letter of Intent to the U.S. Coast Guard verifying readiness to begin testing their ballast water treatment (BWT) system for Type Approval.The tests will be carried out under FDA/CMFDA methodology where life forms are judged as living/dead…
Subsea Global Solutions (SGS) has acquired the assets and personnel of Sea Sub Systems, an underwater vessel repair services company based in Tampa, Fla.The Tampa office, including all staff and equipment, will be rebranded Subsea Global Solutions…
North P&I Club is stronger after its annual renewal on February 20, 2016, further consolidating its position as one of the leading members of the International Group of P&I Clubs. According to chairman Pratap Shirke, ‘As part of North's ongoing strategy to refine its membership…
Tor E. Svensen, Group Executive Vice President at DNV GL, has decided to retire effective from August 1, 2016. Svensen is a ubiquitous figure in maritime circles, and he will continue to work in the maritime industry and will, amongst other things…
Genel Energy plc announces that Jim Leng has indicated his intention to retire from the Board of Genel at the AGM in April 2016. Jim Leng has served over five years at Genel as Non-Executive Director, Senior Independent Director and as Chairman of the Remuneration Committee…
Six leaders and influencers from across the shipping industry will join global NGO Carbon War Room’s (CWR’s) Shipping Operation Advisory Board. Their backgrounds span the shipowning, chartering, technical analysis, finance, and academic worlds…