Paris-based consultancy, Alphaliner, reports “a new mega alliance appears to be in the making,” as French container shipping major CMA CGM and its Chinese counterpart China COSCO lead efforts to set up a new carrier partnership. (Marine Link has reported about this last week…
The Greek privatization fund TAIPED formally accepted the binding bid submitted by Cosco Pacific for the majority stake in Piraeus Port Authority (OLP), while the port company’s stock posted a significant increase on the Athens bourse in response…
Hapag-Lloyd has announced it has signed a cooperation agreement with XVELA’s Oakland based partner company XVELA to pilot test the new XVELA platform. With Cargotec in the process of acquiring the CAPSTAN stowage planning software used by Hapag-Lloyd…
Inna Kuznetsova has been promoted to President and Chief Operating Officer of INTTRA, the world's ocean shipping electronic marketplace. Since joining INTTRA in 2015, Kuznetsova has served as President of INTTRA Marketplace, the company's core business…
Commercial summer shipping across the North Pole may be possible by the end of the century, with the first potential crossings feasible for ice-strengthened ships around 2040. According to this study, by scientists at the National Oceanography Centre (NOC)…
Rope and Sling Specialists Ltd has held the first in a series of in-house training courses aimed at further enhancing customer service through product knowledge. Eleven employees took part in the one-day course, which took place earlier…
Dan-Bunkering (America) Inc. announced that Joseph Barry has been employed as Bunker Trader/Offshore Specialist as of January 4, 2016. Joseph Barry is originally from Ireland, and possesses extensive knowledge about the offshore oil and energy sector by virtue of his education and previous job…
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has appointed Marialena Papatheodorou as Chief Accountant at its Athens office.Papatheodorou joins KPI Bridge Oil group from a shipping…
Veritas Petroleum Services (VPS) and DNV GL have launched a new Fuel Analytics solution. As part of DNV GL’s ECO Insight fleet performance management portal, the tool will enable a systematic assessment of the impact of fuel quality on vessel performance…
The tanker company Norstar is setting up a new Commercial Management joint venture based in Westport Connecticut USA named Norstar Chartering (USA) LLC. The new entity is a collaboration between brothers Chris and Tom Bonehill, principals…
In a low oil price environment it is more important than ever for collaboration between disciplines to deliver value, as well as inspiring the next generation of geoscientists and engineers. Members of Statoil’s Aberdeen team are set to…
The National Marine Manufacturers Association (NMMA) has presented the 13th consecutive annual Customer Satisfaction Index (CSI) award to Volvo Penta for its gasoline sterndrive engines. The CSI awards, presented at the Miami International Boat Show Feb…
Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deepwater dive support vessel (DSV). The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), a professional salvage company in China…
15 container liner shipping companies have said they will stop publishing and communicating general rate increases (GRIs) that are expressed solely as an amount or percentage of the change, says the European Commission. Shipper representatives…
In a history-making run, the largest container ship CMA CGM Benjamin Franklin will arrive in Seattle Monday, Feb. 29 after visits in Long Beach and Oakland, California. It will visit Long Beach Thursday bringing goods from China. Although the event is not public…
