Braemar Adjusting has announced the promotion of Randy Lim from Senior Adjuster to Director, effective immediately.Lim has been with Braemar Adjusting since 2013, prior to which he amassed more than 25 years of experience in the insurance industry in progressive roles including claims handling…
Maersk Line has ordered 14,800 new reefer containers in 2016, driving the average age of its 270,000 unit reefer container fleet down to 7.9 years. Part of the reefers replace older equipment, and add to the 30,000 reefers acquired by Maersk Line in 2015…
The international ship managers’ body, InterManager, has extended its global membership by welcoming four new members, including its first Chinese member. Chinese shipping firm The International Trade Ocean Shipping Supply Company (ITOS Supply)…
Experts of politics and industry engaged in a lively discussion on 21 September 2016 during the Fehmarnbelt Days in Hamburg’s HafenCity University. The panel discussion, which was organised by Port of Hamburg Marketing (HHM) as a partner in…
The Coast Guard Foundation has announced that it will host the annual 2016 Salute to the United States Coast Guard at the Marriott Marquis in New York City on October 6, 2016. At the event, the Foundation will present the National Award for…
Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016. With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship…
Manson Construction of Seattle has begun driving the first of 1,241 piles to align Pier 4 with an adjacent pier to create one contiguous berth capable of serving two 18,000-TEU container ships within the Port of Tacoma.The upgrade will help the port support larger container cranes and vessels…
The new head office of KOTUG SMIT TOWAGE was opened September 23 in Rotterdam by mayor Ahmed Aboutaleb. KOTUG SMIT TOWAGE was founded on April 7, 2016 following the merger of the European harbor towage services of KOTUG and SMIT. After the start…
SGS China and CargoSmart Limited have teamed up to provide solutions for shippers to meet the new Safety of Life at Sea Convention’s Verified Gross Mass (SOLAS VGM) container weight requirements. The alliance allows shippers to use solutions…
Kirby Inland Marine LP has agreed to pay $4.9 million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel in March 2014, the U.S. Justice Department said on Tuesday. The company, a subsidiary of Kirby Corp…
European operators of large and underused liquefied natural gas (LNG) terminal capacity bet on new uses for their product in ships and vehicles to absorb future arrivals from the global market, the group's president Wim Groenendijk said on Tuesday…
Grand Bahama Shipyard Limited (GBSL), a shipyard in the Caribbean, said it had a productive summer program consisting of work on vessels from the tanker, container and towage segments of the maritime industry. Additionally, renovations and upgrades…
Klaus Rud Sejling, current Head of East West Trades in Maersk Line, has been appointed CEO of Damco with effect from October 1. Klaus Rud Sejling joined the group in 1997 and has worked in various roles in Maersk Tankers and Maersk Line…
The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. Some…
With his participation in the Danish Maritime Forum on October 26 the Danish Minister for Business and Growth will highlight the need for greater global cooperation when meeting with maritime key leaders from around the world. Around 90 percent of world trade is transported by sea…
