Marine consultancy and ship surveyor Pirie & Smith has appointed Graeme Alexander as General Manager to head up the company and take responsibility for leading its activities across the globe.The appointment is in response to a 12-month period…
The world’s number two container group Mediterranean Shipping Company (MSC) has stopped any new potential trade with Russian entities that were sanctioned by the United States, the Swiss headquartered firm said on Tuesday. The United States…
Trade and investment restrictions are proliferating around the world, driven by a combination of security concerns and protectionist pressures. In each instance, policymakers can usually cite a justification of why trade and investment restrictions are necessary…
Transnet National Ports Authority has concluded an agreement that will see KwaZulu Cruise Terminal Pty Ltd (KCT) finance, construct, operate, maintain and transfer a new Cruise Terminal Facility in the Port of Durban by October 2020. The parties…
MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines.Samsung Heavy Industries (SHI) will construct six of the vessels while…
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will…
PALFINGER AG completed the search for a new CEO. With Ing. Andreas Klauser (53), currently Global Brand President of Case IH and STEYR as well as CNH Industrial board member, an experienced and internationally accomplished top manager was found…
NYK will publicly offer Green Bonds (Unsecured Corporate Bonds No.40) within the Japanese domestic market in May, becoming the world’s first company to issue labelled Green Bonds in global shipping business sector.A green bond is one in which…
Tullow Oil plc (Tullow) announced the appointment of Dorothy Thompson as independent non-executive Director and Chair-designate of Tullow with effect from the conclusion of the Group’s Annual General Meeting (AGM) on 25 April 2018. It is anticipated Thompson will succeed Aidan Heavey…
Coco Vroon is stepping down as CEO of Netherlands based shipowner Vroon Group, after having settled a credit agreement with the company's lenders. 'Now that agreement has been reached with our Lenders in respect of the main terms of the financial-restructuring plans of Vroon Group…
South Carolina Ports Authority officially opened Inland Port Dillon, its second inland facility constructed in the state to handle growing intermodal rail cargo volumes and deepen the port's reach into markets through the Carolinas to the Northeast and Midwest…
The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced the availability of $19.6 million in federal funding to support capital improvements and employee training at small U.S. shipyards. The grants are provided through the Small Shipyard Grant Program…
Maritime cyber security specialist Naval Dome has signed a contract with Piraeus-based Stamco Ship Management to install its maritime cyber defense system aboard 55 Pure Car and Truck Carriers (PCTC).Stamco Ship Management provides technical…
The European Union is seeking compensation from the United States for U.S. tariffs on steel and aluminium, despite Washington's assertion that they are not subject to World Trade Organization rules, a WTO filing showed on Monday. In a step already taken by China…
MINSHIP Shipmanagement, based in southern Germany, has chosen DNV GL’s ShipManager fleet management software solution for its fleet of dry cargo vessels.MINSHIP is optimizing processes as they are managing a growing fleet. A key part of the…
