Some 200 representatives of classification societies, shipbuilders and shipowners came together in Tokyo last week for their annual ‘Tripartite Meeting’ on issues of common interest. The meeting, hosted by Class NK, the Japanese Shipowners’…
From 19 till 20 October 2016, top executives from major shipbuilders from Japan, Europe, China, South-Korea and the United States met in Gyeongju (South-Korea) in the context of the 25th JECKU, to discuss the industry’s challenges in supply and demand and in addressing regulatory matters…
NewLead Holdings Ltd. Announces the Resignation of Michail S. Zolotas as Chairman of the Board of Directors, President and Chief Executive OfficerHAMILTON, Bermuda, Oct. 25, 2016 /PRNewswire/ -- NewLead Holdings Ltd. announced today that Michail S…
Incat Crowther has designed a new catamaran ferry for Cat Cocos of the Seychelles.To be built by Richardson Devine Marine, the 292-passenger, 30m vessel will capitalize on the experience of the operation of the Incat Crowther-designed Isle…
Caterpillar Inc insider Jim Umpleby will become chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump. He replaces Doug Oberhelman…
TorQuest Partners has invested in McKeil Marine, in partnership with existing management and shareholders, the two companies announced. Terms of the investment were not disclosed. McKeil also announced that Steve Fletcher, President, who has been with McKeil for 17 years…
Digital Marine Solutions AS (DMS), the parent company of C-Map, has appointed Paul Østergaard as executive chairman. Together with the DMS board of directors and the C-Map leadership team, Østergaard will develop and implement the company’s…
U.S.-flag Great Lakes freighters (lakers) moved 9.1 million tons of cargo in September, a decrease of 7 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). The September float was also 8.7 percent below the month’s five-year average…
Adm. Robert E. Kramek, former Commandant of the U.S. Coast Guard, has died October 20, 2016. Kramek served as the Coast Guard's 20th commandant from 1994 through 1998, during which time he significantly expanded the Coast Guard's global reach and influence as commandant…
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.Denmark's A…
Hear from industry experts as they shed light on the short- and long-term future of renewable lubricants – from innovation to regulation.Fresh off the launch of its latest environmentally acceptable lubricant (EAL), FUTERRA – the first and only commercially available hydrocarbon EAL – U…
IRISH SEA freight ferry operator Seatruck says the opening of the new £124.5 million ($150.0mln) Bay Gateway relief road in Lancaster, is the biggest commercial opportunity for the Port of Heysham in its history. Seatruck CEO Alistair Eagles said the opening…
The Panama Canal Authority (ACP) has entered into a Memorandum of Understanding (MOU) with major UK ports operator, Peel Ports, who own the Port of Liverpool, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November…
Indian private-sector power utility Torrent Power is seeking 38 cargoes of liquefied natural gas (LNG) for delivery over four years beginning April 2017, in what is likely to be the firm's first import tender. The firm is seeking offers…
Maersk Line was named the world’s #1 organization for employee development in the Association for Talent Development’s (ATD) 2016 BEST Awards at a ceremony held in Washington, D.C. Central to the win was Maersk Line senior leaders’ commitment…
