Shulami Qalinge has been appointed Chief Executive (CE) of Transnet National Ports Authority (TNPA), becoming the first female CE of the organization. Qalinge succeeds Richard Vallihu who has been appointed Group Executive: Operational Readiness…
60 years of experience in the Puerto Rico trade corridor provides Crowley with the knowhow, means and staying power for the 60 that will surely follow. In March, the announcement that three new, ship-to-shore container cranes were scheduled…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the second straight day on Tuesday, supported by higher demand for capesize vessels.The overall index, which factors in rates for capesize…
GAC Brazil continues its regional expansion with the opening of a ninth office at São Luis, the capital city of the Brazilian state of Maranhao – making it the first to be located in the northern region of Brazil. Situated on São Marcos Bay…
Japan’s big three shippers -Mitsui OSK Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha (K Line) - have reported profits for the first quarter, bouncing back from losses a year earlier Reuters reported. Thanks to rising freight rates…
New Orleans-based Tidewater Inc and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Tidewater…
The outlook for global container port demand growth is now more optimistic, and Chinese players are on the acquisition trail in an aggressive and highly confident manner, said a report from Drewry. Major M&A deals are changing the landscape…
Crowley Maritime Corporation recently presented U.S. Merchant Marine Academy (USMMA) Midshipman Sara Pisarski with the company’s Maritime Security Enhancement Award. The Maritime Security Enhancement Award, established in 2003, gives a one-time…
International commercial law firm Hill Dickinson continues to grow its shipping practice with the addition of Legal Director Tom Burdass.Burdass joins the firm’s Broadgate Tower, London office from Campbell Johnston Clark (CJC) where he spent…
BW LPG Limited and Global United Shipping India Private Limited, have agreed to establish a joint venture in India in which the parties will own 50% each. The purpose of the new joint venture, named BW Global United LPG India Private Limited…
Seaspan Corporation announced that Gerry Wang, its Chief Executive Officer, Co-Chairman and Co-Founder, will retire from Seaspan effective December 31, 2017 to focus on family business investments and his ongoing charitable efforts. In order to facilitate an orderly transition…
The Korean shipbuilder Hyundai Heavy Industries (HHI) won a contract worth up to $600 million from Netherlands-based energy and commodities company Vitol to build as many as eight gas tankers, Reuters reported. HHI will construct two liquefied petroleum gas (LPG) tankers with a capacity of 84…
Sri Lanka’s government on Saturday signed a long-delayed agreement to sell a 70% stake in a USD 1.5-billion port to China in a bid to recover from the heavy burden of repaying a Chinese loan obtained to build the facility, report local media…
Senior representatives from Bahri recently joined members of a Saudi Arabia delegation for board meetings of the International Maritime Organization (IMO), which took place at the agency’s headquarters in London. The meetings come as part of…
UK-based ship management company V.Group announced the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer. Both will assume their positions in the autumn. Ian joins from Exova…
