Finnish cargo-handling machinery maker Cargotec announces savings measures in its subsidiary MacGregor to respond to the weakening market situation due to the low oil price and low number of new merchant ship orders. Cargotec is laying off some 220 employees globally at its MacGregor business…
Fishing vessel expert and award-winning author, leaves legacy of excellence EBDG announced the passing of Jim Cole. Over the span of a half century, Jim distinguished himself as among the best in his field, demonstrating extensive expertise…
The Great Lakes Towing Company & Great Lakes Shipyard announced this week that it has made two new hires. Graham Gajewski has been named naval architect, reporting to Jonathan Leivo, director of engineering, and Patrick Owens has been named operations coordinator…
The Royal Alfred Seafarers’ Society has taken home the Green Award at the Toast of Surrey Business Awards following efforts to cut its carbon footprint and operate in a more environmentally friendly way. The Awards, run by the Surrey Advertiser and first held in 2009…
ASA Electronics has expanded itsmarine division sales team with the addition of Keith Kames as their newest Account Manager. Kames will be covering all of the company’s Midwest territory with a strong focus on new business development. Kames…
Senior U.S. diplomat brings background in energy, economics to IEA Paul Simons, a senior United States diplomat with a strong background in energy and economic policy, has been selected to be the new Deputy Executive Director of the International Energy Agency…
Cowes Harbour Commission (CHC) has announced the appointment of two new commissioners, Chris Preston and Jonathan Gillespie, and the reappointment of David Riley as a commissioner, for terms of three years from May 1, 2015 to April 30, 2018…
Advanced dynamic positioning (DP) vessels can now meet critical safety regulations while gaining operational flexibility, efficiency and cost savings through new design and monitoring methods.More and more operators are asking their drilling…
BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.The new agreement is…
Many investors are asking questions about the dynamics of the tanker market and asked us to confirm their views on vessel utilisation across the tanker market.This answer is very much linked to how supply and demand balance one another in a bulk tramping market…
Hoofddorp, the Netherlands, 27 April, 2015 – CEVA Logistics, one of the world's leading supply chain companies, today announced the appointment of two senior executives with deep sector-specific operations expertise to further drive its customer-focused Contract Logistics strategy…
Bossier City-Shreveport Navy Week begins April 27 and will continue through May 3.Navy Weeks focus a variety of assets, equipment and personnel on a single city for a week-long series of engagements designed to bring America's Navy closer to the people it protects…
Saudi Global Ports (SGP), a joint-venture company formed between the Public Investment Fund of the Kingdom of Saudi Arabia and PSA International (PSA) has started its commercial operations this month, PSA said.This began at the second container terminal in the King Abdul Aziz Port in Dammam…
Singapore-based port operator PSA Panama International Terminal (PSA Panama) has started a USD 400 million expansion of its container terminal located on the west bank of the Panama Canal Pacific. It has started on the expansion after being granted approval by the National Assembly…
Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike. “The Teamsters union started informational picketing this morning at the Port of Long Beach…