Survitec appointed Mark Baines as Global Vice President, Cruise. Based in Survitec’s Miami office, he will build a dedicated sales and operations team focused solely on partnering with cruise clients to achieve their safety and equipment reliability objectives…
Equiom has appointed Geoff McCumesky to take on the position of Yachting Consultant, a new role created to meet the growing demands of Equiom’s multi-jurisdictional yachting and crewing services. The appointment comes as the Equiom yachting…
Dubai's state-owned DP World said on Thursday it had sold a 19 percent stake in Somaliland's Port of Berbera to the government of Ethiopia. The port operator said it would retain a 51 percent stake in the port and that Somaliland would retain 30 percent…
TRAC Intermodal is expanding and improving the quality of its chassis fleet in the Gulf Region to meet an expected surge in U.S. resin exports. The TRAC Gulf Regional Pool (TGRP) now offers the largest and most modern fleet of chassis in the ports of Houston…
Trade infrastructure development to diversify Panama’s economy and DP World’s international experience in over 40 countries were at the centre of discussions held in Dubai yesterday between the global trade enabler’s Group Chairman and CEO Sultan…
Gov. Nathan Deal today announced that the U.S. Army Corps of Engineers has completed outer harbor dredging at the Port of Savannah, marking the midpoint of the Savannah Harbor Expansion Project (SHEP).'The completion of outer harbor dredging…
Multratug 32, the first new CARROUSEL RAVE TUG (CRT) was delivered to its owner, Novatug B.V. of the Netherlands in February 2018. Multraship B.V. of the Netherlands will be the operator of the new CRT. Multraship and Novatug both belong to the Muller Maritime Group…
The CMA CGM Group announced it is reinforcing its offer, starting April 4, 2018, between Asia, Mexico and the west coast of South America in a partnership with COSCO and Evergreen. With three weekly and complementary services to those already operated by the CMA CGM Group…
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also…
Team Tankers International announced that it has entered into share purchase agreements to acquire all outstanding shares in each of Laurin Shipping and Anglo-Atlantic Steamship Company. In combination with associated ship purchases, the…
A slowdown in fleet growth should begin the recovery cycle from the second half of 2018, although freight rates will not reach the levels seen during the bull run of 2014-15, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry…
OSM Maritime Group says it is aiming to make the shipping industry accessible to all as part of its involvement in the UN Global Compact (UNGC) initiative. The ship management company,has signed a MOU to re-launch the Mozambican Higher School of Nautical Sciences…
In 1951, under the leadership of Capt. Fred’s son, Morton S. Bouchard Sr., (A.K.A. “Buster” Bouchard), the company builds three 20,000 barrel oil barges and three accompanying tugboats, which ran the New York State Barge Canal. The construction of these vessels would then…
Germany's HSH Nordbank, formerly the world's largest ship financier, is being sold to private equity firms as it emerges from crippling writedowns and state bailouts amid the deepest sector slump on record. The bank's state owners on Wednesday…
Full-year operating profit up by 226 percent; full figures, guidance due on March 28. German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled, citing higher transport volumes and a slight recovery in freight rates…
