Today in the containership industry a landmark deal has occurred with the youngest ever containership sent for demolition by Rickmers Marine Trust. The vessel was a seven year old panamax boxship (4250 TEU, 2009 Blt, Built China). She is valued just above scrap at USD 5…
Beginning December 2016, Kristina Effler will assist marine customers navigating ballast water treatment alternatives as the new Global Business Manager for Alfa Laval PureBallast. Effler assumes the role just as the global shipping industry…
Pär Sundblad becomes the new Managing Director of Scandinavian Shipping & Logistics. He joined the company in 2015 as a Business Development Manager. From November 1st 2016 he has taken over the role as Managing Director of Scandinavian Shipping & Logistics…
ASRY, the leading ship and rig repair yard in the Arabian Gulf, has announced that Andrew Shaw will be the new Chief Executive of the shipyard, effective early January 2017. He re-joins the company after previously holding the position ofGeneral…
The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping line Hapag-Lloyd and the United Arab Shipping Company (UASC). The merger would create a combined company worth about 7 to 8 billion euros ($7…
The ports of Seattle and Tacoma reported October full load import and export volumes that were the strongest for the month since 2012. Year to date, imports and exports for October continue to support a strong peak season for the Northwest Seaport Alliance (NWSA)…
Aiming to develop the infrastructure, storage and technical support needed to enable safe liquefied natural gas (LNG) operations for customers in the north of the U.K. and North Sea, including bunkering, partners ExxonMobil, Babcock International Group…
North P&I Club has further strengthened its position in the Asia Pacific region by opening a new office in Shanghai November 23, 2016. The new office, located in the Pudong district of Shanghai, complements its existing regional offices in Hong Kong…
The ICOMIA World Marinas Conference in Amsterdam (17-19 November 2016) provided the ideal backdrop for the presentation of the latest two Global Marina Institute (GMI) certificates.Michelle Hitchcock, Head of Business Development at MDL Marinas Ltd…
UK marine engine starter manufacturer Kineteco says it plans to expand its product range after appointing a new senior technical manager. Mechanical engineer Max Sheppard has joined the Ashford, Kent, headquartered firm following leading technical roles in the automotive and wind power sectors…
cut Umm Slal_edited (greg d:) Nakilat has assumed full ship management and operations of Q-Max LNG carrier Umm Slal from STASCo (Shell Trading and Shipping Company Ltd.) effective November 23, 2016, as part of the planned transition announced last month…
U.S. Marines and Sailors of the 11th Marine Expeditionary Unit embarked aboard amphibious transport dock USS Somerset (LPD 25) arrived in Trincomalee, Sri Lanka, for a theater security cooperation (TSC) exchange with the Sri Lankan navy, marine corps…
Restrata, a global leader in consultancy and training services, has partnered with leading logistics provider Agility to offer specialised training for oil and gas sector employees at the Rumaila Energy Park (REP) in southern Iraq.The REP's…
In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.BIMCO President Philippe Louis-Dreyfus said…
During the November Commission meeting, Board members unanimously selected Tom Weinberg to serve as Chairman of the Canaveral Port Authority after newly elected Micah Loyd and Bob Harvey formally were sworn in to begin their terms. Elected in 2010 and reelected in 2014…