CIMIC Group today announced the appointment of Adolfo Valderas as Deputy Chief Executive Officer.Mr Valderas is the current CIMIC Group Chief Operating Officer.CIMIC Executive Chairman and Chief Executive Officer Mr Marcelino Fernández…
Striking Southern California port truckers who accuse shipping companies of wage theft took their grievances on Friday to City Hall in Los Angeles, where they gained new political backing for their cause.The City Council voted unanimously…
Transport Minister Robert Goodwill MP has taken part in a round table discussion with transport leaders from the ports, road, rail freight and shipping industry at the Port of Felixstowe, the Port of Britain. Mr Goodwill’s responsibilities…
A joint statement, officially establishing the Arctic Coast Guard Forum (ACGF), was signed today by leaders representing all eight coast guard agencies of the Arctic nations.The Arctic Coast Guard Forum (ACGF) is an operationally-focused…
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens, which found cost categories likely to increase most significantly include crew wages…
Brazil's largest oil workers union said on Friday it will start an open-ended strike against Petrobras on Sunday in a bid to overturn moves to shrink the state-run oil company.FUP, which represents platform, refinery and other workers, will join a number of smaller unions already on strike…
Husky Energy Inc, Canada's No.3 integrated oil company, swung to a quarterly loss due to a C$3.8 billion ($2.9 billion) after-tax impairment charge.The company said it has cut about 1,400 jobs till the end of the third quarter ended Sept…
Creditors of South Korea's Daewoo Shipbuilding and Marine Engineering Co. will pour 4.2 trillion won about (US$3.68 billion) into the ailing shipyard to help it get back on track, the main creditor bank said, according to South Korea's (Yonhap) News Agency…
Looking at the Company’s business performance for the first half of FY2015, operating income and ordinary income improved as the tanker division enjoyed favorable market conditions, backed by a decline in bunker prices, says Mitsui O.S.K. Lines (MOL)…
The Bank of China and the Port of Rotterdam Authority signed a Memorandum of Understanding aimed at strengthening relations between China and the Netherlands. Through this Memorandum, the Port of Rotterdam Authority and the Bank of China…
The enactment of Law No. 2014-742 of 1st July 2014 and the signing of decrees related during late 2014 and early 2015 resulted in June 2015 to approve the first private companies wishing to conduct activities of protection of French flagged vessels (APPN)…
German container shipping group Hapag-Lloyd AG is postponing its stock market debut by a week after investors shied away from the company following Maersk Line’s modest profit forecast last week, reports Reuters. If demand for the shares remains weak Hapag may lower the offer price…
Greece-based Chandris was sentenced for deliberately concealing pollution discharges from the ship and falsifying its oil record book while docked in Corpus Christi, AP says quoting, a news release from the U.S. Department of Justice. Chandris…
Career Profile: Parker Harrison - Vice President, Procurement Crowley Maritime CorporationCharlottesville, Va. and the University of Virginia are a long, long way from the ocean. Arguably, an even greater distance is the one which stretches from a Bachelor of Arts degree in Italian and German…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Seoul, Republic of Korea on 16 and 17 October 2015. The meeting was attended by 100 high level representatives of the industry, including…