Simon Aust, Managing Director of Hamburg-based shipbroker Harper Petersen, is leaving the company later this year. The management of Harper Petersen in Hamburg will be taken over by Bjoern Andersen and Arne Corleis as the new managing directors as from 1 August 2018…
Brazil, the world's largest soybean exporter, may have to import the oilseed from the United States this year to satisfy demand from local processors, an executive of exporters association Anec said on Thursday. If China's demand for Brazilian soy rises due to a trade war with the United States…
S&P Global adjusted their ranking on Panamanian infrastructure, including the Panama Canal Authority, from ‘stable’ to ‘positive.’ Two years after the inauguration of the Expanded Panama Canal, Standard & Poor's (S&P) Global Ratings revised…
Egypt's government denied in a statement on Thursday that the Suez Canal Authority was seeking a 300 million euro loan from Gulf lenders. Three senior banking sources that did not wish to be named had told Reuters last week that the authority…
Thyssenkrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India's Tata Steel.The steel merger, which will create…
A truckers' strike in May that crippled traffic on Brazil's main roads and trade bans on the country's beef caused exports in June to fall to their lowest level for the month in 15 years, consultancy INTL FCStone said.Citing data from the government…
Automakers are scrambling to ship vehicles to the United States to pre-empt possible higher tariffs, according to port data, port officials and logistics companies. Data from a number of U.S. ports showed a surge in vehicle exports and imports in May…
Drydocks World - Dubai organized a health care campaign in cooperation with Al Baraha Hospital and Dubai Health Authority.Employees benefited from medical tests, examinations, information and health advice from doctors and experts at 12 stations covering: safety…
SENER appointed Jorge Sendagorta Cudós to be head of the Engineering and Construction area. He was, until now, the country manager of SENER in Mexico. SENER's Engineering and Construction area, which will be managed by Cudós, comprises three Business Units: Infrastructure and Transport…
Emirates Maritime Arbitration Centre (EMAC) appoints Jyothi Mani to its expanding Case Management team.“Jyothi brings with her a great deal of case handling experience with a detailed know how as to arbitration and mediation procedures.…
KPI Bridge Oil, a leading global trader and broker in marine fuels, marine lubricants and risk management products, announces the promotion of Isidoros Chandris to Senior Bunker & Lubricant Consultant.Isidoros joined KPI Bridge Oil’s London office as a Bunker & Lubricant Trader in 2014…
Following three months of static air freight prices, they are finally moving again. The catalysts are seasonal changes in airplane assignments, looming European factory closures, and Amazon Prime Day. Meanwhile, ocean freight rates are now…
Fujian Mawei Shipbuilding has canceled the construction contract for the Nautilus Minerals’ Production Support Vessel (PSV), a part of the Nautilus’ Solwara 1 project located offshore Papua New Guinea. 'We have been notified by Fujian Mawei Shipbuilding…
Germany’s Hamburger Hafen und Logistik AG (HHLA) has completed the acquisition of Estonia’s largest terminal operator, Transiidikeskuse AS (TK). The last conditions that the sales contract dated 26 March 2018 was subject to were recently fulfilled…
South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) has bagged an order from the Angelicoussis Shipping Group’s unit Maran Gas Maritime, for a floating storage and regasification unit (FSRU). The local media which quoted DSME sources saying Tthat the vessel with a 173…
