WAGO Welcomes Amos
Drew Amos has been hired as the new Regional Sales Manager for Southern California. Amos is a graduate of Humboldt State University where he earned his Bachelor’s degree in Sociology. Amos’ extensive sales background makes him an asset to the WAGO team. He started as an inside sales rep for Moxa Americas, before moving to Ecolab as a Territory manager. The last few years were once again spent with Moxa, this time as a Regional Sales Manager. Born and raised in Southern California, Amos says he is looking forward to being closer to and working with his new clients.
LNG Terminals Market to Grow 3% by 2022
The large-scale LNG terminals market size is expected to post a CAGR of close to 3% during the period 2018-2022, according to the latest market research report by Technavio.The rising demand for clean fuels is one of the major reasons for the growth of the large-scale LNG terminals market. Fossil fuels constitute a major source of energy to cater to the demands from the residential, commercial, and industrial sectors. However, they result in heavy emissions of CO2 and other greenhouse…
Danfoss Drives Appoints Head of Sales for Americas
Danfoss Drives has named Ian Barrie as its new Head of Sales for the Americas. In this position, Barrie will continue to build and develop strong regional sales channels and verticals for Danfoss Drives’ business within North America and Latin America.Previously, Barrie was Head of Global Key Accounts for Danfoss Drives. He has an extensive 25-year history with Danfoss, wherein he has held several regional and global positions in sales, marketing, and business development. He will be based out of the Danfoss Drives’ Loves Park…
Changes to Volvo Penta Executive Group Announced
After 26 years with Volvo and 7 as President of Volvo Penta Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta. Succeeding Ron will be Martin Bjuve, currently CFO and SVP Business Office Volvo Penta. Planned transition date will be January 1, 2020. Bjorn Ingemanson, President and CEO Volvo Penta, today announced that Ron Huibers, President Volvo Penta Americas, has decided to retire from his current role and take up a new role within the company. "The team, customers and industries we serve here have been exciting and rewarding.
C-Job CEO Basjan Faber was Born to Design
Born and raised on the water by entrepreneurial parents, Basjan Faber knew from a young age that his future and fate was in maritime, specifically ship design. Today the CEO leads a vibrant, diverse and fast-growing naval architecture firm that he co-founded with partners in 2007. Headquartered in Amsterdam, C-Job has a unique approach to its business and is expanding its international footprint, as Maritime Reporter & Engineering News discovered when we visited with him in The Netherlands last month.“I have always been inspired by ships…
Kalmar Supplies Hybrid Shuttle Carriers to Virginia Port
Kalmar, part of Cargotec, has announced that it will supply 25 Kalmar Hybrid Shuttle Carriers to the Port of Virginia, a growing, deep water port on the U.S. East Coast.The $23 million (USD) order was booked in Cargotec's 2019 Q3 order intake, and represents the exercising of a contract option for further units that was agreed upon in 2017. Delivery of the new machines is scheduled to be completed by the end of July 2020.The new units will be delivered to Norfolk International Terminals (NIT)…
Sinopec Weighs Output Cuts Due to Freight Rate Surge
Asia's largest refiner, Sinopec, is weighing plans to cut oil imports in December and reduce output at its refineries after a surge in global tanker freight rates hit margins, four sources with knowledge of the matter said.The cost of shipping crude to Asia has surged in the past two weeks after companies stopped using nearly 300 tankers for fear of violating U.S. sanctions against Iran and Venezuela.Refining margins have yet to catch up with the jump in freight rates, forcing…
DP World Becomes a Full Logistics Operator in Peru
DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million. The whole project is estimated to cost around $1.2 billion.The development of the port by DP World will make Ecuador a trade and logistics hub for South America’s west coast. It will also see large container ships with capabilities exceeding 10…
Dachser Opens Argentina, Chile Offices
Due to the continuous growth of its South American operations, global logistics provider Dachser recently relocated both its Buenos Aires, Argentina regional office as well as its Santiago, Chile regional office to larger facilities.“The business in both Argentina and Chile is expanding and we simply outgrew our offices in these countries. We needed more employees, equipment and space to properly handle the business we have today as well as prepare for the growth we anticipate in these markets,” said Guido Gries, Managing Director Dachser Americas.
Svitzer Names Van Dijk CCO Americas
Svitzer has appointed Arjen Van Dijk as Chief Commercial Officer (CCO) for the Americas region.With more than 15 years in global shipping and transportation, the 43 year old Dutch maritime professional brings to Svitzer extensive knowledge and insights. He speaks Spanish and has lived and worked in both Argentina and Colombia and has worked in various other Latin American countries. Arjen Van Dijk is joining the Management Team in Svitzer’s regional head office in Miami.
Clarke Joins Seaspan Shipyards as CFO
Seaspan Shipyards (Seaspan) has announced the appointment of James Clarke as Chief Financial Officer (CFO). With more than 15 years of senior finance experience in engineering and industrial environments Mr. Clarke brings his strong background in strategic finance to Seaspan’s growing shipbuilding and ship repair operations.Clarke joins Seaspan from the Houston, Texas, office of SNC Lavalin where he was the Chief Financial Officer and Senior Vice President of Finance for the Oil and Gas Division with operations in the Americas, Middle East, and Australia.
Offshore Wind Conference Set for SUNY Maritime
The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, are hosting the Ocean Wind Energy Conference on Thursday, September 26, 2019 at the Maritime Academic Center, SUNY Maritime College.Serving as the keynote speaker is Alana Duerr, Ph.D., Director, Offshore Wind North America, DNV GL - Renewables Advisory, who will offer insight to opportunities for maritime industry support of Ocean Wind Energy development and sustainment for many years to come.
Panama Canal Signs MoU with Rotterdam Port
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects."The Expanded Canal continues to reshape global trade routes today…
McQuilling Mid-Year Tanker Market Outlook
McQuilling Services Announces the Release of the 2019 Mid-Year Tanker Market Outlook Update.The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing tanker demand and vessel supply. The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades and four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.
Trust and Independence:
Key metrics for a consolidating market of Multi-Purpose Vessels.The multipurpose sector has experienced a tough first half of 2019, following a trend of difficult market conditions spanning over a decade. Fallout from ongoing global political trade discussions is taking its toll on both project and commodity trades, cutting down volumes at a time when external competition from non-MPV carriers is at its most fierce and the MPV fleet is still struggling with overcapacity. Still…
West of England Strengthens NY Team
The West of England, a leading mutual marine insurer, has appointed a new Senior Claims Manager to work in its Americas team.Emily McCulloch joined the London office on the 7th August but will transfer to the New York City office before the end of the year where she will provide a localized claims service to the Club’s Members in the USA, Canada and South America.A qualified lawyer, Emily has significant experience of both P&I and Defense claims, having worked as a Syndicate Manager at another International Group Club prior to joining the West.
SHORTSEA SHIPPING: All the Right Moves (Finally)
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.
AMOT Appoints Garza as Marine Market Sales Manager
AMOT has announced Gustavo Garza as the new Americas regions sales manager for the marine market. Gustavo obtained his bachelor’s degree in Marine Engineering Technology from Texas A&M University at Galveston. Post-graduation, Gustavo expanded his product knowledge working in the marine, industrial distribution, and oil & gas industries while owning his own real estate investment company. Before joining AMOT, Gustavo shared his passion for sales and engineering at Cummins Southern Plains, Atlas Industrial Supply, and FMC Technologies.
Ponant to Acquire Paul Gauguin Cruises
Adding access to exciting itineraries and experiences for passengers of both brands.PONANT, the world leader of luxury expeditions to locations that only small ships can navigate, has announced its plan to acquire PAUL GAUGUIN CRUISES, the renowned specialist in sailings to exotic ports in French Polynesia and the South Pacific. Like PONANT, PAUL GAUGUIN combines exceptional itineraries with luxury hotel services and fine cuisine to create memorable experiences at sea. Following the acquisition…
Peel Ports Steps Toward Brexit Ready
Peel Ports Group has been accredited with the internationally recognized quality mark of Authorized Economic Operator (AEO) at all its principal ports by Her Majesty’s Revenue and Customers, affirming the Port’s efficient and robust processes to customers worldwide.The Liverpool based port operator said that achieving AEO status from Her Majesty’s Revenue and Customs was a “significant milestone” especially on the path towards Brexit.Peel Ports Group has successfully achieved AEO status for the following ports: Clydeport Operations Limited…
Belle Chasse Marine Repowers with Volvo Penta
Reliability, Power, Fuel Savings and Minimal Downtime Key Factors in Repower Decision.Belle Chasse Marine Transportation, the largest launch service on the Lower Mississippi, puts a lot of hours on its fleet of crew and supply boats, which run day and night. One thing they can’t afford is downtime.“The river never closes, and neither do we. Our customers expect us to give them reliable round-the-clock service no matter what the conditions,” said Dillon Entrekin, port engineer at Belle Chasse.
Navis Names Simon Doughty as GM, VP APAC
Navis, the terminal operating systems (TOS) provider and part of Cargotec, has announced the appointment of maritime industry veteran Simon Doughty as the General Manager and Vice President for the APAC region.Doughty had previously served as the CEO of Hong Kong based Wallem Group and brings over 30 years’ experience in international business management, leading transportation organizations in Asia, the Americas, Middle East and Europe.Doughty has a proven track record of driving top and bottom line growth through efficient operations…
ChartCo Names Malaika D’souza for Americas
ChartCo, the provider of navigation and compliance solutions shipping, named Malaika D’souza as its new representative for the North and South American regions.According to the distributor of navigational data, nautical charts, marine technical publications and digital products, Ms D’souza, who has successfully grown ChartCo’s revenues and customer relationships across India and the Middle East over the past 3 years has now relocated to Toronto to take up the full-time position…
Joseph Angelo Wins Global Maritime Prize
The prestigious International Maritime Prize for 2018 is to be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The International Maritime Organization (IMO) Council, meeting for its 122nd session in London (15-19 July) decided to award the Prize to Angelo…
"IMO Joe" Angelo Honored
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The IMO Council, meeting for its 122nd session in London (July 15-19) decided to award the Prize to Mr. Angelo, in recognition…
Trade Fears Drag Stocks, Yuan at 10-Year Low
NEW YORK, Aug 5 (Reuters) - Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies.China on Monday let the yuan tumble beyond the 7-per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further currency weakness after U.S. President Donald Trump vowed last week to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept.