German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with cut costs and seek economies of scale to cope with the worst downturn the industry has ever seen.Net profit at the Hamburg-based firm came to 8…
Global Maritime Consultancy & Engineering has strengthened its Ports & Shipping team with the appointment of Imraan Bux as Principal Port Engineer, based in London. Bux comes to Global Maritime with over 20 years’ experience in all aspects of maritime project engineering…
KVH Industries, Inc., is introducing NEWSlink Live, a new digital content service for crew, at the CrewConnect Global conference, in Manila, November 15-16. This next-generation service enables seafarers to receive richer, more dynamic news…
A record year for containership demolitions in 2016 has helped suppress total fleet growth close to the rate for demand. To repeat that feat the scrapping record will need to be smashed again, and again.There are multiple ways to measure the vitality of the container industry…
Coast Guard and partner agencies rescued five people Saturday from a capsized vessel about three miles off the coast of Carolina Beach.Sector North Carolina watchstanders in Wilmington received a mayday call at approximately 7:30 a.m. requesting help…
Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a…
The Coast Guard offloaded approximately 350 kilograms of seized cocaine Monday from the Coast Guard Cutter Richard Etheridge at Coast Guard Base Miami Beach.During an Operation patrol on October 27, a Joint Interagency Task Force South marine…
Clarkson PLC announced that Marie-Louise Clayton will join the Board as a Non-Executive Director with effect from 1 January 2017. She will take over as Chair of the Audit Committee following the Annual General Meeting in May 2017 when James Morley…
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer today said it had organized a trade meet at Ambur, to showcase the capabilities of Katupalli Port, especially the container terminal to the stakeholders. Amongst the over 50 representatives who attended the meet…
Joe Vorih has been appointed President of OMEGA Engineering, Inc., a pioneer in the design, manufacture, and distribution of process measurement and control products. Vorih's priority will be to transform OMEGA from the best-known direct provider…
The new SCA Terminal was officially inaugurated during a reception on November 11 at the Port of Kiel’s Ostuferhafen. The Swedish concerns SCA (Svenska Cellulosa Aktiebolaget) and Iggesund Paperboard AB (Holmen Group) will use the new forest…
The Port of London Authority (PLA) has announced two new non-executive directors have been appointed to the PLA board: Judith Armitt has been appointed by the Secretary of State for Transport (in accordance with the Port of London Act); and Darren James has been appointed by the PLA Board…
Student exchanges, faculty collaborations and programmatic partnerships are now possible between the United States’ SUNY Maritime College and Svendborg International Maritime Academy in Denmark.The two institutions earlier this month signed…
Descartes Systems Group, provider of software solutions for logistics-intensive businesses, has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business (B2B) supply chain integration solutions. “We continue to…
BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership…