Cargotec Reorganizes Kalmar
Finnish cargo-handling machinery manufacturer Cargotec said it has reorganized the businesses under its Kalmar brand and has appointed Stefan Lampa as President of Kalmar Mobile Solutions, in a move aimed at enhancing Kalmar's growth opportunities.Kalmar, a provider of cargo handling solutions and services to ports, terminals, distribution centers and heavy industry, will be reorganized into three strategic business units: Kalmar Mobile Solutions, Kalmar Automation Solutions and Navis, effective April 1, 2019.
First Mega-Boxship Retrofit to LNG Ordered
Hapag-Lloyd pilot gas-conversion leads the way for emissions reduction and decarbonizationMAN Energy Solutions has signed a contract for the conversion of a 15,000 TEU container vessel to dual-fuel operation. The container vessel MV SAJIR is owned by Hapag-Lloyd, a leading liner shipping companies, and normally serves a route from Asia to northern Europe via the Suez canal. The pilot project will entail the conversion of an existing, HFO-burning MAN B&W 9S90ME-C engine to a dual-fuel MAN B&W ME-GI (-Gas Injection) prime mover capable of running on HFO and LNG.
Scania Appoints Karin Rådström as EVP
Swedish manufacturer of diesel engines for marine industry Scania announced that Karin Rådström has been appointed Executive Vice President and Head of Sales and Marketing.She takes up her position on 1 March and will report to Henrik Henriksson, President and CEO.Rådström, born in 1979, joined Scania as trainee in 2004 after graduating Master of Engineering in Industrial Management at Royal Institute of Technology in Stockholm. Since 2007, she has held various managerial positions within Scania’s sales and service organization.
Bunge Posts Q4 Loss as Trade War Hits Soy Prices
Global grains merchant Bunge Ltd reported a fourth-quarter loss on Thursday as fallout from the U.S.-China trade war dragged down soybean prices in Brazil.Shares of the White Plains, New York-based company slumped nearly 4 percent in premarket trading to $50.75 per share.Brazilian soy prices had swelled to a steep premium to U.S. beans after China slapped steep tariffs on shipments from the United States in July. But that premium narrowed after the countries declared a temporary truce in their trade war on Dec.
HHLA Revenue, Profit Rise
German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous year: EUR 173 million) represents an increase of 18 percent.In total, 7.3 million standard containers (TEU) were handled at HHLA’s container terminals in the 2018 financial year. Compared to 7.2 million TEU in the previous year, this…
V.Ships Hamburg Appoints Nils Aden as MD
V.Group has announced the appointment of Nils Aden as Managing Director of V.Ships Germany in Hamburg.The global marine and offshore vessel management and support services provider said in a press release that the announcement reaffirms its commitment to growing in, and leading the transformation of, the German shipmanagement market.Last year, V.Group announced that it would invest in a centre of excellence for container shipmanagement in Hamburg, bringing together the best expertise to deliver the highest quality service for its customers.As the shipmanagement segment consolidates…
Aden Appointed Managing Director, V.Ships Germany
V.Group has announced the appointment of Nils Aden as Managing Director of V.Ships Germany in Hamburg.Aden joins V.Group from Zeaborn Ship Management, where he held the position of Chief Executive Officer, with overall responsibility for ship management activities, 300 colleagues ashore and 4,250 at sea. He has also been an executive board member since 2013.He joined E.R.Schiffahrt in 2010 and since then has held a number of key roles, including Senior Project Manager and Managing Director with responsibility for chartering, marine operations, customer relations and insurance.
Hapag-Lloyd Names Rothkopf COO
Hapag-Lloyd has announced that Maximilian Rothkopf is to be its new chief operating officer (COO). He will take over as new COO of Hapag-Lloyd when Anthony J. Firmin retires in late June.Maximilian Rothkopf, who holds a master's degree as well as a doctorate in business administration, has been a Partner since 2014 at McKinsey & Company, where he has been a member of the global Travel, Transport and Logistics (TTL) leadership team. He started his career in 2005 at the management consulting firm…
HyperloopTT, Hamburg Port Operator in Shipping JV
Port of Hamburg terminal operator Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) joined force with Hyperloop Transportation Technologies (HyperloopTT/HTT) to form a new company.According to a press release from HTT, the company will focus on integrating the latest container movement innovations with hyperloop technology into the largest rail port in Europe. Additionally, the new company will bring this new technology to ports, shipping, and logistics companies around the…
WISTA Elects New BoD, Honors 2018 Personality of the Year
Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.New WISTA BoardWomen's International Shipping and Trading Association (WISTA) elected Connie Roozen, Director of C&B More (WISTA the Netherlands) as Treasurer and Angie Hartmann, Vice President Crew Affairs, Starbulk S.A. (WISTA Hellas) as Board Member, to the WISTA International Executive Committee at their 38th International Annual General Meeting in TromsØ, Norway on October 24, 2018.
Port of Rotterdam Authority to Invest in Port of Pecém
Allard Castelein, the CEO of the Port of Rotterdam Authority, and Camilo Santana, Governor of the Brazilian state of Ceará, signed an investment agreement regarding the Port of Rotterdam Authority’s participation in the development of the port of Pecém.The agreement sets out how the Port of Rotterdam Authority will be investing some EUR 75 million in Pecém’s port-industrial complex, constituting a 30% share in this enterprise.In addition, the Port of Rotterdam Authority will gain…
Gulftainer Signs 50-year Lease for Port of Wilmington
Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year concession agreement with the state of Delaware to operate and develop the Port of Wilmington, significantly expanding the company’s global footprint and reach.The agreement, signed by Gulftainer’s subsidiary GT USA, will see an expected investment of up to $600 million in the port to upgrade and expand the terminal and to turn…
Port of Rotterdam Pact for Brazil's Pecém Port
As shareholders in the Port of Rotterdam Authority, the Municipality of Rotterdam and the Ministry of Finance have approved the participation in the Port of Pecém, a rapidly growing port in Northeast Brazil.The participation involves an investment of some 75 million euros and, in addition to holding 30% of the shares, the Port of Rotterdam Authority will have joint control of strategic decisions and positions at Executive Board, Supervisory Board and management level.The Port of Rotterdam Authority and Ceará State are expected to sign the decision next month…
Port of Hamburg to Begin Elbe Deepening
The Port of Hamburg will soon be able to welcome 20,000+ TEU containerships as the plan to dredge the river Elbe has finally received the approval from German authorities.A third supplementary planning procedure requested by the Federal Administrative Court has been conducted by the planning agencies responsible for the major project. The legal preliminaries are therefore in place that will enable construction to start.“This is very good news for our trading and shipping customers worldwide and for the whole Hamburg Metropolitan Region…
Scott Phillips Appointed Hiab President
Scott Phillips has been appointed President of Hiab crane manufacturing division of Cargotec group as of 1 October 2018. He will be a member of the Cargotec Executive Board and report to CEO Mika Vehviläinen. Scott Phillips joins Cargotec from General Electric where he holds the position of Vice President and CEO Mining. Prior to that, he has during his 28 years' career held various global leadership positions in the construction and mining industries, working for Sandvik and Caterpillar Inc., among others. "I warmly welcome Scott to Cargotec and Hiab.
Eco-friendly Power for Container Ships in Hamburg Port
Port of Hamburg is taking a further step toward improving air quality at its port. Innovative technology developed right here in the city is set to enable large and very large container ships to switch off their auxiliary diesel supplies during lay time and instead draw the power they need for on-board operations from a new kind of mobile generator.Becker Marine Systems, Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA) have been testing the new technology as part of a joint pilot project since the start of the year.
From Desert to Delaware
Gulftainer strives for top six in terminals.Sharjah is a glimmering city-state carved from the desert, the third largest emirate in the United Arab Emirates and the only one to have land on both the Persian Gulf and the Gulf of Oman. And soon, within weeks, a company based in Sharjah could control one of the most strategically located marine ports in the United States. Gulftainer through its subsidiary GT USA, Wilmington has inked a deal with the State of Delaware, USA, which would grant GT USA…
Kalmar and HHLA in Straddle Carrier Pact
Kalmar, part of Cargotec, has concluded a deal with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, to supply a total of 10 new straddle carriers.This brings the total number of Kalmar straddle carriers ordered by HHLA in the last two years to 30, further demonstrating the strong relationship with Kalmar and the company's commitment to Kalmar equipment. The order was booked in Cargotec's 2018 third quarter order intake, with delivery scheduled to take place in Q1 2019.
Diana Shipping Appoints Directors and Executive Officers
Diana Shipping announced that, effective August 1, 2018, the Company increased the size of its Board of Directors from nine to eleven members.The global shipping company specializing in the ownership of dry bulk vessels appointed Christos Glavanis to serve as a Class I Director and appointed Mr. Andreas Michalopoulos, the Company’s Chief Financial Officer and Treasurer, to serve as a Class III director, in each case effective August 1, 2018.The Board has determined that Glavanis is an “independent director” as such term is defined under the Securities Exchange Act of 1934…
InterManager Secretary General Receives Honorary Degree
Secretary General of InterManager, Captain Kuba Szymanksi, has been awarded the honorary degree of Doctor of Maritime Studies by Solent University. In addition to his role at InterManager, Captain Szymanski sits on the Executive Board of The Nautical Institute, is a Director at TK Foundation, and a Director at Seafarers Rights' International. Captain Kuba Szymanski started his sea career in 1985. He graduated from the Maritime University of Szczecin with a Master's Degree and started his deck officer career with Dorchester Maritime Limited, Isle of Man.
HHLA Completes Acquisition of Estonian Transiidikeskuse
Germany’s Hamburger Hafen und Logistik AG (HHLA) has completed the acquisition of Estonia’s largest terminal operator, Transiidikeskuse AS (TK). The last conditions that the sales contract dated 26 March 2018 was subject to were recently fulfilled, resulting in all shares in Transiidikeskuse AS being transferred to HHLA International GmbH. As a result, the transaction has now been completed. Chairwoman of HHLA’s Executive Board, Angela Titzrath, made this comment during a visit to the Estonian capital of Tallinn: “We’re delighted that the takeover has now been completed.
Klein Named Carnival Maritime MD
Carnival Maritime GmbH has announced that Dr Hermann J. Klein has been appointed as its new Managing Director, starting September 1st, 2018. Klein is currently Managing Director and Group COO of CPO Holding (Offen Group) in Hamburg, Germany. He will be succeeding Lars Ljoen, who will join Carnival Cruise Lines in Miami, USA, as Head of Marine Operations. Carnival Maritime is the marine service unit for Costa Group with its brands AIDA Cruises, Costa Cruises, and Costa Asia. “Hermann Klein is a long-standing…
Cargotec Names Geber-Teir Senior VP, Communications
Carina Geber-Teir, M.Sc. will join Cargotec as Senior Vice President, Communications.She will be responsible for leading the communications, investor relations and sustainability function. She will be a member of Cargotec's Extended Executive Board and report to CEO Mika Vehviläinen.Geber-Teir joins Cargotec from OP Financial Group, where she has been a member of the Executive Board and Chief Communications Officer since 2009. Prior to this she was Communications Director at Varma Mutual Pension Insurance company.As earlier announced…
Floating Pier Provides Flexibility for Donsö Harbor Project
SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean. The company has leveraged this experience for the Donsö Harbor Association in a project called Donsö Djuphamn – the Donsö deep water harbor project.“This project will benefit the fishing and commercial fleets, but it will also benefit other marine traffic such as official vessels.
Hapag-LLoyd Extends Contract of CEO Rolf Habben Jansen
The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024. “With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a leading global liner shipping company in a challenging market environment and as an active driver of industry consolidation. The extension of his contract ensures continuity in the corporate management,” said Michael Behrendt, chairman of the supervisory board of Hapag-Lloyd AG.
Maersk Introduces Shares Plan for Top Executives
Danish A.P. Møller – Mærsk A/S has decided to establish a restricted shares plan for the members of its Executive Board in addition to the stock option plan established in 2017. "In continuation of the adoption of revised General guidelines for incentive pay and Remuneration Policy for A.P. Møller - Mærsk A/S at the Company’s Annual General Meeting held on 10 April 2018, the Board of Directors has decided to establish a restricted shares plan for the members of the Executive Board in addition to the stock option plan established in 2017," said a press statement.