Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007.Soren…
InterManager, the international trade association for in-house and third party ship management, is giving its full support to this week’s Seafarers Awareness Week (20-26 June), co-ordinated by Seafarers UK. “Maritime Jobs for Future Generations” is the theme…
Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine assigned for the Statoil long-term business. The vessel was delivered from…
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.The global shipping fleet – encompassing all sectors except the non-cargo carrying ship types…
Oxfordshire based Chiltern Connections specialist is a provider of conformal coating machines and associated solutions for a wide range of industrial customers. Applications for their coating machines are generally highly specialised and a means…
Helm Operations signed on more than 50 commercial maritime companies to its maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M. Helm CONNECT’s customers come from a variety of commercial maritime industries…
European Central Bank (ECB) kicked off a review into the risks of banks’ shipping exposure, Reuters reported. ECB is conducting an in-depth review of banks’ exposure in shipping amid rising provisions for bad debt in an industry still mired in crisis…
Piracy has existed since the conception of shipping, and pirate attacks on vessels continue to disrupt trade, raising vessel security concerns and impacting the operation and insurance costs for ships, says Clarkson Research Services. The…
Maersk and MSC have initiated meetings with Hyundai Merchant Marine (HMM) to discuss the South Korean carrier joining the 2M alliance, says local media reports. According to Korea Herald, Korea’s second-largest shipping company is considering joining the 2M Alliance…
Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative. 'The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply…
One of Maersk Line's innovations turns the reefer container into a digitally connected device! 'At Maersk Line, we’re always looking for ways to improve cargo care on behalf of our customers. As the world’s biggest container shipping company…
The Competition Commission approved the sale of a majority stake in Piraeus Port (OLP) to China’s COSCO during its meeting on Wednesday, saying it is in line with Greek competition laws. According to Greek national news agency AMNA, the…
Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa Maritime operations in West Africa are affected by threats from piracy and other maritime crime…
Gerald “Jerry” Bench II has been appointed to the position of National Sales Manager at Win-Tron Electronics, announced company president, Eddie Winder. Bench will report directly to Winder, and his new responsibilities will encompass management…
Ahead of the International Maritime Organization’s (IMO) decision on the timing of the global 0.5 percent sulphur cap for marine fuels, the International Bunker Industry Association (IBIA) is advising its members on the potential impact of the shift…
