The Board of Directors of the Container Owners Association (COA) has elected Brian Darnowski, Vice-President – Global Operations, Triton International, to the position of COA Chairman; and Uffe Ernst-Frederiksen, Head of Cargo Management, Maersk Line…
Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources with direct knowledge of the deal told Reuters on Friday. RBS, which is more than 70 percent state owned…
Propulsion specialist REINTJES said it has opened a new branch office in the south of England to service markets in the U.K. and the Republic of Ireland.Opening of the REINTJES Britain & Ireland branch office follows on the cessation of…
The Port of Seattle Commission has elected its officers for 2017. Commissioner Tom Albro will serve as president, while Commissioner Courtney Gregoire will serve as vice president. Commissioner Stephanie Bowman will serve as secretary, Commissioner…
According to figures published this morning by the National Statistics Office (NSO), 2016 was yet another record year for cruiseline passengers visiting Malta. A total of 682,222 passenger movements were recorded, meaning an increase of 2% on 2015…
iContainers, the 100 percent online global freight forwarder, said it has opened a new branch in the shipping hub Port of Rotterdam, marking the Spanish company’s fourth global establishment. In the last two years, the Barcelona headquartered…
As part of Steamship Mutual’s loss prevention initiatives, the Club has released their latest DVD ‘Cyber Security: Smart, Safe Shipping’ highlighting the implications of a potential cyber security breach for a shipping company. All businesses…
Building on its partnership with the Italian shipbuilder Fincantieri announced earlier this month, South Australia’s Flinders University has signed a supporting agreement with The University of Genoa to cooperate in research and development and training with focus on maritime…
South Korean shipping line Hyundai Merchant Marine Co. (HMM) said it will buy a fifth of the company that runs the biggest container terminal at Long Beach Total Terminals International terminal (TTI), Calif., the U.S.’s second-largest port…
Marine insurance provider Skuld announces the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. Knighton will enhance Skuld’s well-established marine cargo…
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31. That compares with 566.4 million riyals in the fourth quarter of 2015…
Overseas exporters chartering foreign vessels to supply goods to India will have to pay a service tax on freight from Sunday, a government notification said.It will be the same as the 4.5 percent service tax that India currently levies on free-on-board (FOB) cargoes…
A new report from the Danish Maritime Forum presents tangible ideas that have the potential to enable real progress on some of the most pressing issues in the maritime industry.How do we decarbonize shipping? How do we embrace new technologies…
The Department of Justice’s Environment and Natural Resources Division has announced the publication of its accomplishments in 2016, documenting one of the most successful years in its history of over a century, including the highest recoveries in environmental enforcement…
The UK P&I Club has promoted Risk Assessor David Nichol to Regional Loss Prevention Executive for the Greece region. Nichol is a Master Mariner who joined UK P&I in 2014, after gaining a wealth of experience both at sea and ashore. His experience spans ship and cargo surveying…
