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People And Company News

 

ASRY, Priya Blue Unveil Brand Identity of Ship Recycling Venture

Nov 09, 2026

The Arab Shipbuilding and Repair Yard Company (ASRY) and Priya Blue Group have unveiled the brand identity of their joint venture, ASRY Green Ship Recycling, during ADIPEC 2026 in Abu Dhabi.The launch builds on the partnership between the two companies, which has progressed into active operations with the commencement of its first ship recycling project in the Kingdom of Bahrain. Best Oasis serves as the vessel acquisition and commercial partner for the joint venture…

Fratelli Cosulich Marine Energy Expands With New Office in Tokyo

Nov 03, 2026

Fratelli Cosulich Group has expanded its Marine Energy network with the opening of a new office in Tokyo, Japan, further strengthening its presence in Asia and extending its international bunker trading activities.Following the recent expansion into South Korea…

Ports of Indiana Makes November 1 Leadership Transition

Nov 02, 2026

Jody Peacock concluded his service as Chief Executive Officer of Ports of Indiana effective November 1. On that date, Ports of Indiana Chief Operating Officer Dave Parrott and Chief Financial Officer Erica Jackson began serving as the organization’s interim leadership team…

HDI Global US Appoints New Underwriting Staff

Nov 02, 2026

Corporate & Specialty insurer HDI Global US announced two senior underwriting appointments. Maria Duhart joins as Chief Underwriting Officer, US Specialty, and Dan Feige has been promoted to Chief Underwriting Officer, US Short-tail Lines. Both report to Shadi Albert…

Dr. Afif Saif Al Yafei Appointed Group Chief Executive Officer at AD Ports Group

Nov 02, 2026

AD Ports Group announced the appointment of Dr. Afif Saif Al Yafei as Group Chief Executive Officer.Dr. Al Yafei joins AD Ports Group from TAQA Transmission, where he served as Chief Executive Officer. He brings more than two decades of executive experience across the infrastructure…

Surging Tanker Rates Buoy Bahri Profit

Oct 28, 2026

Saudi Arabian shipping company Bahri reported a sharp increase in third-quarter and nine-month earnings for 2026, benefiting from higher very large crude carrier (VLCC) freight rates, increased chartering activity and shifting trade patterns amid continued disruption in the Arabian Gulf and Red Sea…

Stena AB to Acquire Shipping Company Color Line

Oct 26, 2026

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color Line, subject to regulatory approval. The transaction will bring together two companies…

Nakilat Brings In $355m Net Profit for Q3 2026

Oct 20, 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter ending September 30, 2026, with a net profit of USD$355 million (QAR 1.29 billion) compared to USD$360 million (QAR 1.31 billion) for the corresponding period in 2025…

Charlie Cunnion Named as Massport Port Director

Oct 15, 2026

The Massachusetts Port Authority (Massport) announced the appointment of Charlie Cunnion as Port Director. Cunnion brings over 25 years of leadership experience across global transportation, supply chain management, operations, organizational transformation…

Jason Varsamidis Appointed as DP World CEO, Managing Director for Asia Pacific

Oct 15, 2026

DP World announced the appointment of Jason Varsamidis as Chief Executive Officer and Managing Director of its Asia Pacific region, effective immediately.Jason will lead DP World Asia Pacific’s portfolio of ports and terminals and logistics businesses across 22 geographies…

Richard Crowther Named HDR Maritime Director for Europe, Middle East

Oct 15, 2026

HDR has named Richard Crowther regional maritime director for Europe and the Middle East.A chartered civil engineer with 17 years of experience, Crowther has worked across the full life cycle of port and marine infrastructure, including due diligence…

JPMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

Oct 14, 2026

JPMorganChase has added two senior leaders to support shipbuilding and maritime efforts within its Security and Resiliency Initiative (SRI), the firm's $1.5 trillion, 10-year effort focused on strengthening industries critical to economic and national security…

Jotun President & CEO Morten Fon Shares Industry Thoughts Ahead of Nor-Shipping

Oct 13, 2026

As President and CEO of Jotun, the world’s leading provider of marine coatings, Morten Fon follows the industry closely. But he doesn’t let today’s headlines determine the company’s long-term growth strategy.In 2026, Jotun not only celebrated its 100th anniversary…

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

Oct 07, 2026

Michelle Awad, K.C., has been elected to the position of Vice-Chair of the Halifax Port Authority Board of Directors. Her appointment takes effect immediately. She has served on the Board since 2021 as the Director appointed by the Halifax Regional Municipality…

Richard Hendrick Elected as American Association of Port Authorities Chairman

Sep 30, 2026

Port of Albany-Rensselaer, NY CEO Richard J. Hendrick was unanimously elected Chair of the Board of Directors of the American Association of Port Authorities (AAPA) at its Annual Convention in New Orleans. AAPA represents more than 130 public port authorities in the U…

Logistics News

OPEC+ Oil Production Rises in October, Nearing Pre-Iran War Rates

OPEC+ Oil Production Rises in October, Nearing Pre-Iran War Rates

Paris Wheat Futures Rise With No Black Sea Deal in Sight

Paris Wheat Futures Rise With No Black Sea Deal in Sight

COSCO SHIPPING Development Orders 16 VLCCs

COSCO SHIPPING Development Orders 16 VLCCs

Asia Turns to African, Brazilian Oil as Shipping Costs Decrease

Asia Turns to African, Brazilian Oil as Shipping Costs Decrease

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Maricarmen Abascal has died. She was the evicted Spanish 80-year-old who was at the heart of Spain’s housing protests.
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash
Maguire: The cement boom in Africa signals the next big shift in global energy usage.