A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that UASC's top shareholder Qatar remain committed to the deal for the long term, sources say.Hapag…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its gaining streak on Tuesday with a fresh more-than-two-year high, driven by strong demand for large iron ore vessels.The overall index…
A.P. Moller-Maersk's new chairman committed to automating its systems as the oil and shipping group steps up its drive to become more efficient and save costs at a time of low oil prices and declining freight rates.The more than 100-year-old conglomerate's digital push will mean that in theory…
Greencarrier Freight Services, one of the Nordic region’s largest privately owned companies specializing in global transport solutions, has appointed Johan Jemdahl as CEO.Jemdahl has wide experience in production and supply chain management…
David Thompson, Investigator at UKP&I Club’s Signum Services consultancy arm at UK P&I Club, highlights the importance of cyber security at sea.While the use of computerized systems for everything from navigation to container inspection has enhanced the safety and security of vessels at sea…
The CMA CGM Group and PSA have kicked off the second phase of their container terminal joint venture in Singapore. Officiating the event were François Hollande, President of the French Republic, and Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport…
In order to streamline the Port Authority's technical and nautical departments and improve the service to customers, these departments are being centralised to form a joint cluster. Three large new facilities will be set up at the site…
DryShips Inc. has entered into agreements with unaffiliated third parties to acquire four Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3 years. The company expects to take delivery of the vessels before the end of June 2017…
Malini Dutt, Robert Feng and Martin Hubenack have recently been appointed to represent the port of Antwerp in India, China and Eastern Europe respectively. This brings the number of port representatives to 12, reinforcing Antwerp's presence…
Delgado Maritime & Industrial Training Center13200 Old Gentilly Road, New Orleans, LA 70129Tel: (504) 671-6620Email: [email protected]: www.dcc.edu/academics/workforce/maritime-fire Overview Delgado’s Simulator Suite is…
Demolition and remediation experts Beech Group has announced Group Financial Controller Lauren Kemp as a winner of this year’s Rising Star Award in the region’s most prestigious maritime industry awards. Chris Wainwright, Managing Director at Beech Group…
Following much debate the EU Port Services Regulation (PSR) finally came into force today. EU member states will be required to implement the legislation within two years of this date meaning that the PSR will be effective from March 24, 019…
ABS, a provider of classification and technical services to the marine and offshore industries, held its annual National and Regional Committee meetings in London, Copenhagen and Hamburg in mid-March. “Our committee meetings provide a platform for transparent…
Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Egil Kvannli as it new Chief Financial Officer (CFO). Kvannli, who will take up the role with immediate effect…
Sri Lanka's government wants a Chinese company to agree to cut its stake in a strategic port project by up to a quarter, as part of a renegotiation aimed at blunting public and political opposition to the deal.After signing an agreement in December…
