GTT has appointed Eric Dehouck as deputy CEO, to assist Chairman and CEO Philippe Berterottière.Dehouck, 43, is a graduate from the Ecole Nationale Supérieure des Arts et Métiers and from HEC-Entrepreneurs. He is also a national IHEDN1 auditor…
What might not be so obvious in this COVID-19 environment, which we have grown to associate with shortages, is that counterintuitively there are issues beginning to appear dealing with the opposite situation. The Journal of Commerce has reported…
Dry bulk shipping company Golden Ocean Group said its board has appointed Ulrik Uhrenfeldt Andersen as the new Chief Executive Officer of Golden Ocean Management AS with effect from Tuesday April 14, 2020.Andersen comes from a position as Chief…
Owners of a factory ship moored off southern France which normally turns seawater into bottled mineral water have converted it to make sanitizing solution in the fight against the coronavirus.At the start of the year, the 179-meter long Odeep…
Malaysian shipowner AET said it signed a deal with Total's Chartering and Shipping Services SA for the time charter of two liquefied natural gas (LNG) dual-fuel very large crude carriers (VLCC). The two newbuilds, which are able to carry about 300…
While movers of global cargo is traditionally not a 'stay at home' work scenario, one of the world's largest movers of containers increasingly leverages digital solutions and helps to maintain 'social distancing' to keep goods on the move globally…
While the implications of COVID-19 for containership demand and freight rates are directionally clear, the time charter market often marches to its own drum.The latest Container Shipping Forecaster from Maritime Strategies International analyzes…
The U.S. government said on Monday it has not yet received requests to waive a 100-year-old law on shipping goods between domestic ports, despite some interested parties who say temporarily lifting the regulation would help energy companies hurt by the oil price plunge…
Classification society ABS launched two new advisories designed to help harness the potential of digital technologies for the maritime and offshore industries.The ABS Advisory on Structural Health Monitoring: The Application of Sensor-Based…
Bernhard Schulte Shipmanagement (BSM) has appointed Stefan Beeg as Head of Communications.Based in Hamburg, Beeg’s role is to drive all corporate and marketing communications activities of BSM. He will report to BSM chief executive officer Ian Beveridge…
Swedish ferry company Stena Line said Monday it will furlough 600 employees and make 150 redundant in UK and Ireland due to the COVID-19 pandemic's damaging effect on travel and transport across Europe.The announcement comes several weeks after…
A new crowdfunding campaign aims to raise funds for developing world seafarers and their families that have been severely impacted by the coronavirus pandemic.The world's seafarers, especially those from poorer countries, are facing a number of challlenges amid the COVID-19 pandemic…
In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed strawberries to cows.It’s not a treat. They can either feed their crops to animals or let them spoil…
Container shipping companies Ocean Network Express (ONE), Maersk and MSC will suspend their jointly operated China Australia service (CAE) until at least the second quarter of 2020 due to the COVID-19 pandemic.The last CAE sailing before the suspension will be scheduled to depart Xiamen April 22…
In an open letter posted on the MSC website, MSC Group President & CEO Diego Aponte offered public comment and perspective on the COVID-19 situation for MSC's cargo business. “The spread of COVID-19 has created a public health issue unprecedented in our lifetimes…
