South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media. According to the shipper, the plan includes details on securing…
CMA CGM’s mega containership Vasco De Gama ran aground off the Port of Southampton on the UK’s south coast just after midnight on August 22, 2016, reported Fleetmon. The damages of the 2015-built, 17,859 teu giant vessel are being assessed…
The U.S. Coast Guard has certified Danos’ fabrication facility in Amelia, La. as an official port facility, allowing both foreign and U.S. vessels to access the facility or remain docked there. The Coast Guard granted Danos port facility…
Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four new positions to its executive team in 2016. Taking up the new executive positions are Ian Edward Ross…
BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services. The new class of ‘green’ vessels has been developed by BG…
The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund part of a $7 million expansion of auto handling facilities in the Rivergate Industrial District near Terminal 6…
Retlif Testing Laboratories, a global independent EMC and Environmental testing leader serving the maritime industry since 1978, has announced the appointment of Scott Poggi, as Director of Operations. In his new position as Director of Operations…
Though most visible to the general public for its work at America’s airports, the U.S. Transportation Security Administration (TSA) also helps to secure the country’s transportation network in a number of other ways, including assisting the U…
Charles L. Szews has been appointed by Rowan Companies plc to the group’s board of directors, effective immediately. Szews was recommended to the company by one of its largest shareholders, Blue Harbour Group, L.P., which has entered into…
The UK-based Iridium satellite tracking and communication specialist Rock Seven has appointed MVS Telecom as its Russian distributor. MVS Telecom will launch Rock Seven’s RockSTAR and RockFLEET products through its nationwide dealer network…
Ship connectivity, smart data and cybersecurity will be central themes on the agenda at the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition. The annual maritime technology forum and trade show will take place at the Stamford Marriott Hotel & Spa in Stamford…
The 15th annual Southeast Asia Cooperation and Training (SEACAT) exercise commenced at the Republic of Singapore Navy's Multinational Operations and Exercises Centre (MOEC) Aug 22.SEACAT focuses on regional cooperation to address shared maritime security challenges like smuggling…
A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. Two major factors have lowered VLGC rates in…
INTTRA announced that Peter Spellman has joined the company as a Senior Vice President and Chief Technology Officer. He brings 25 years of experience as a software executive with a strong track record of conceiving, designing, developing and deploying innovative products…
NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing…
