What will the future of the global maritime industry look like when the fundamentals are changing? This will be the key question when more than 200 of the most influential leaders from all parts of the global maritime value chain convene for…
From 19 till 20 October 2016, top executives from major shipbuilders from Japan, Europe, China, South-Korea and the United States met in Gyeongju (South-Korea) in the context of the 25th JECKU, to discuss the industry’s challenges in supply and demand and in addressing regulatory matters…
Caterpillar Inc insider Jim Umpleby will become chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump. He replaces Doug Oberhelman…
TorQuest Partners has invested in McKeil Marine, in partnership with existing management and shareholders, the two companies announced. Terms of the investment were not disclosed. McKeil also announced that Steve Fletcher, President, who has been with McKeil for 17 years…
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.Denmark's A…
IRISH SEA freight ferry operator Seatruck says the opening of the new £124.5 million ($150.0mln) Bay Gateway relief road in Lancaster, is the biggest commercial opportunity for the Port of Heysham in its history. Seatruck CEO Alistair Eagles said the opening…
Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in the marine terminal company VTTI BV for $1.15 billion. VTTI is a unit of Vitol Group…
CEVA Logistics, supply chain management companies, has announced the appointment of Peter Waller as Chief Finance Officer and member of the Executive Board with immediate effect. Waller brings experience in the travel, logistics, business services and internet/e-commerce industries…
An Australia court overturned on Saturday government approval of a A$130 million fuel depot and port at Port Melville, off the country's north coast, handing a major victory to environmental activists.The facility, being developed by a unit of Singapore-based AusGroup…
Companies that ship grains from Argentina including Glencore, Cargill, Cofco, and Bunge, will invest some $1.2 billion over three years to improve infrastructure in the main port network of Rosario, the government said on Friday. The largest investment came from Renova…
WISTA Cyprus has recently organized a training course for its members with the title “Energy Economics and Shipping”, hosting the Professor Michael Tamvakis from Cass Business School, City University in London. Professor Tamvakis presented…
Nearly three years after the launch of Glander International Bunkering’s Training Academy, the firm has announced the promotion of two more successful interns; Kevin Lundgaard and Manos Gryllakis. Both interns were initiated into the program…
South Carolina Ports Authority reported year-over-year growth during the first quarter of its 2017 fiscal year. SCPA handled 162,858 twenty-foot equivalent units (TEUs) in September. First quarter TEU volumes were up 1.4 percent over the same period last year…
The UK P&I Club announced that Jan Döhle has been selected as this year’s Robin Travis Scholar. Döhle has an MSc in Shipping, Trade and Finance and is qualified as a member of the Institute of chartered ship brokers. He has already gained…
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the…
