UK- based shipping consultants Drewry said that it was only a matter of time before these carriers make the formal announcement that Hamburg Süd is to become a fully-fledged member of Ocean Three, or Ocean Four as it will presumably have to be re-named…
XPO Logistics has made a deal to acquire Bridge Terminal Transport (BTT) Services, one of the largest motor carriers serving ports and intermodal facilities in the United States, for $100 million. A few days ago, XPO spent $3.5 billion…
Baltic Trading Limited, a Marshall Islands company formed by Genco Shipping & Trading Limited, reported a loss of $42.4 million in its first quarter. The New York-based shipping company focused on the drybulk industry spot market said it had a loss of 75 cents per share…
The booming VLCC tanker market has started to be reflected on the companies’ earnings and is “firing on all cylinders” and it is set to continue Poten & Partners say in their weekly report. The boom is evident by the rather impressive first…
South Africa’s charity National Sea Rescue Institute (NSRI) was warning fishermen and other boaters in and around the Cape Peninsula and False Bay Coast to be aware of a “barely visible” capsized boat. A few days later though, the wreck had disappeared…
Willard Marine, Inc. has hired Jimmy Sorenson as regional sales manager for the Gulf Coast and Florida. Sorenson served 11 years with the U.S. Coast Guard in many roles including machinery technician and maritime law enforcement instructor…
At the 152nd Annual Meeting of the Members of ABS, industry leaders were elected to serve on a number of bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment…
David Price has started in the role of Managing Director Wallem Ship Management, taking a key position in Wallem’s continued growth as a ship management and technical services provider, the company announced. David has worked in all senior…
IHC IQIP, part of Royal IHC, is expanding its global presence with a new office and yard in Perth, Australia. With the acquisition of its Australian agent Machinery Supply on May 4, IHC IQIP reaches a new milestone in her aim to be a strong local partner for its clients…
ABS chairman, president and CEO delivers commencement address at Maine Maritime Academy, receives honorary Doctor of Science degree, speaks at dedication ceremony for ABS campus building Christopher J. Wiernicki, chairman, president and CEO of ABS…
Thomas Rayburn has joined Lake Carriers’ Association (LCA) in the newly created position of Director of Environmental and Regulatory Affairs. Prior to joining LCA, Rayburn was Program Manager for EnSafe Inc. Before that, he spent seven years with the Great Lakes Commission…
The board of directors of Odfjell SE has appointed Kristian Mørch as the company's new president and CEO. He will succeed current president and CEO Tore Jakobsen by November 1, 2015. Mørch is a Danish citizen and presently holds the position as co-CEO of Clipper Group…
Willard Marine, a manufacturer of aluminum and fiberglass commercial and military boats, will present at the High Speed Boat Operations (HSBO) Forum in Lisbon, Portugal from May 4-6. The HSBO Forum, gathers professionals from around the world to discuss new development…
China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which faces the challenges of spending cuts, low oil prices and easing demand.Earlier…
Charity endurance event ‘Row Around Singapore Island (RASI)’ beats electrical storm and finishes with time triumph, high emotion and VIP celebrations at the finish line.‘Mission RASI’, took place last week as part of Singapore’s 50th Anniversary celebrations…
