Industry News

 

West of England P&I Club Eyes Offshore

Jul 24, 2019

The West of England, a leading A-rated mutual marine insurer, has announced the appointment of a key strategic hire to support its strategy of expansion in the offshore market.Will Tobin will join the Club in July to head up its offshore business…

Africa Pledges to Deliver Blue Economy

Jun 27, 2019

A sustainable Blue Business plan will accelerate Africa’s transformation, create jobs, sustain livelihoods and empower communities while offering impactful climate change measures.Fishing, aquaculture, shipping, ports, energy, and finance industries…

ABS Opens New Headquarters

Jan 08, 2019

Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and reaffirms our commitment to provide industry…

Scorpio Group Takes Over Nordic American Offshore

Dec 12, 2018

NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth $5 million.The investment, which took place via a private placement with Scorpio Offshore Investments…

Ship Recycling Transparency Initiative Launched

Dec 10, 2018

Industry leaders and non-profit the Sustainable Shipping Initiative announced the launch of the Ship Recycling Transparency Initiative’s (SRTI) online platform - a tool for sharing information on ship recycling to drive responsible practice…

Skangas Becomes Gasum

Nov 26, 2018

Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated gas company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018…

Corpus Christi Port to Build Oil Export Terminal

Oct 29, 2018

Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U…

Boskalis Nominates van Noort as New CFO

Oct 11, 2018

Royal Boskalis Westminster N.V. has nominated Carlo van Noort to be appointed as Chief Financial Officer (CFO) of Boskalis at the Annual General Meeting of Shareholders (AGM) in May 2019. The term of the current CFO, Hans Kamps, expires on the date of that same AGM…

South Korea's SK Group to Sell SK Shipping

Oct 01, 2018

South Korea's large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse…

APM Terminals Rolls-out GC3 Initiative

Sep 28, 2018

APM Terminals’ new Global Core Competency Centre (GC3) will ensure that the company not only continues to lead in terms of technology, but will proactively re-think how technology can drive company growth.The GC3 commenced in July with more than half of its employees already onboard…

CMA CGM Inaugurates the Incubator ZeBox

Sep 28, 2018

Rodolphe Saadé, chairman and chief executive officer of CMA CGM Group  and French minister in charge of transport Elisabeth Borne inaugurated ZeBox, a new start-up incubator and accelerator in Marseilles.Initiated by CMA CGM, ZeBox is a human…

Maersk to Merge Damco, Ocean Product Units

Sep 19, 2018

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world…

Logistics News

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Bio-Sea Ballast Water Treatment for Siem Car Carrier Trio

Bio-Sea Ballast Water Treatment for Siem Car Carrier Trio

Acteon’s LDD Getsy Busy at Scottish Port's Infrastructure Upgrade

Acteon’s LDD Getsy Busy at Scottish Port's Infrastructure Upgrade

Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry

Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry

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