The Diversified Port Holdings (DPH) Board of Directors has announced that James “Jim” Dillman will take over the role of CEO of DPH effective May 30, 2014.Dillman has 25 years experience within the stevedoring industry including sales and operations…
Drewry’s latest Dry Bulk Forecaster saw freight rates on most routes declined in 2014’s first quarter as the previous quarter’s tonnage supply crunch eased out. The fourth quarter of 2013 proved to be an exception as rates surged despite modest…
Crowley Maritime Corporation announced that it has been named one of the “Healthiest Companies in America” by Interactive Health, a leading provider of outcomes-based health management solutions. Out of an eligible 1,400 groups, Crowley was…
BSR’s Clean Cargo Working Group (CCWG) and the Clean Shipping Index (CSI)— two environmental reporting initiatives for ships and ship operators—signed a memorandum of understanding to collaborate for cleaner, more efficient shipping. Through this agreement…
Enteq Upstream PLC (Enteq), a provider of systems and components for Measurement While Drilling (MWD) and directional drilling, has appointed CS Fan as China and South East Asia (SEA) sales manager, announced Martin Perry, Enteq’s chief executive officer…
Leading US carrier in the Pacific Matson report that in the first quarter of 2014 its financial results were negatively impacted by the timing of fuel surcharge collections.Highlights Net Income of $3.4 million versus $9.1 million in 1Q13 Operating income of $9…
Liverpool headquartered global company Bibby Line Group is hosting a series of events at this year’s International Festival For Business during the Maritime, Logistics and Energy thematic of the four-week program. Being held at the Museum of Liverpool on June 12…
Trucking, rail and port panelists will explore the benefits of improving America’s intermodal freight transportation system.On May 13, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle will join forces with CEOs representing trucking…
Private equity firm Arsenal Capital Partners is considering a sale of its business that helps U.S. oil and chemical companies reclaim import taxes, a partner at the firm said.Timothy Zappala told Reuters that other options for the company…
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
Swiss-based commodity trading house Gunvor opened this month a new trading office in Shanghai dedicated to Chinese domestic business, the company on Tuesday, as it aims to expand its presence in Asia.Gunvor China Trading Ltd, set up in the Shanghai Free Trade Zone…
Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…
First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activityMerger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total…
Wallem Group has appointed Ioannis (Yanni) Stefanou as Global Technical Director of Wallem Ship Management to lead the business as it positions itself for continued growth. Stefanou will lead the Group’s technical teams in Hong Kong, Singapore and Europe (Hamburg) in delivering reliable…
Greencarrier AB, which until now has operated as two separate organizations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity. The new combined organization will form a part of the Greencarrier Freight Services division…
