North P&I Club has helped restore the commercial balance between shipowners and cargo interests by successfully supporting a Member in its appeal against a UK High Court decision (10 November 2016). The Court of Appeal overturned the March 5…
I. Haaijer was named to a four year term on the Supervisory Board of Royal Boskalis Westminster N.V. She was appointed during the company’s Extraordinary General Meeting of Shareholders on November 10. Haaijer fulfills the function of President…
The shipping industry faces a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to independent research and consultancy firm Maritime Strategies International (MSI).Addressing the Hansa Forum in Hamburg…
UK P&I Club has been advised of a number of incidents involving white powder deposits being found on food cargoes that have been transported in refrigerated containers.The presence of aluminium oxide/hydroxide, which appears as white powder deposits on food cargoes…
NOIA President Randall Luthi today released the following statement on the election of Donald Trump as the next U.S. President: “On behalf of the National Ocean Industries Association (NOIA), I congratulate President-elect Trump on his victory at the polls…
Recognising the obvious synergies and greater efficiencies to be derived from consolidation, COLUMBIA Shipmanagement and Marlow Navigation have extended their co-operation in the maritime training sector to exploratory merger/collaboration talks…
Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels.Headquartered in Singapore, Thome Ship…
Despite a dip in revenues during the third quarter and first nine months of 2016, Finland-based shipper Finnlines Group was able to improve profits for both bother periods by cutting expenses.The group’s €60.9 million result for January…
Bank of Ireland said it is winding down its shipping business, joining other banks looking to cut non-core lending and exposure to an industry suffering its worst downturn. Many European banks are already bogged down by a sluggish economy…
Intellian Technologies, Inc. announced an initial public offering of 1,450,000 common shares via the KOSDAQ, at an initial price of $17.27 per share. The initial public offering will result in roughly $26m in raised capital and a total market capitalization for the company of just below $124m…
At the UNFCCC Climate Conference (COP 22), in Marrakesh, the International Chamber of Shipping (ICS) said that the recent International Maritime Organization (IMO) agreement on a CO2 Road Map for shipping is a significant decision giving further…
Amy Beavers, USCG Licensed Master, Academic Principal and VP of Regulatory Compliance at Maritime Professional Training has passed away on November 5. Services will be held on Saturday, November 12, at 11:30 a.m. at Rio Vista Community Church…
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea…
Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions…
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and operator’s, container terminal, Mundra, recently organized a trade meet at Rajkot with the intent of showcasing the capabilities of Mundra Port and recent developments thereat…
