Odfjell SE and Japan’s Nissen Kaiun Co., Ltd. have formed a new Bergen-based joint venture, Odfjell Hakata Maritime AS, marking a significant expansion of their long-standing partnership and adding substantial capacity to the global chemical tanker market.The JV will launch with a fleet of 10 stainless-steel chemical tankers, equally contributed by the two companies. Nine of the vessels are already operating under Odfjell Tankers via existing charter agreements…
ZIM Integrated Shipping Services reported third-quarter 2025 earnings that, while sharply lower year-on-year, demonstrate the carrier’s ability to generate meaningful profit and cash flow in an increasingly volatile global container market. Revenues fell 36% to $1…
Ryan Foley appointed COO Energy, Ports & Projects at Blue Water ShippingBlue Water Shipping appointed its first Board of Management member from outside Denmark: Ryan Foley from the UK. Foley will join Blue Water as Chief Operating Officer (COO) of Energy…
Tidalis, a global provider of maritime software solutions for port authorities, coast guards, ports, and inland waterways, appointed Geert-Jan den Besten as Chief Executive Officer. Ivo-Paul Tummers will transition from his role as CEO to become an Advisor to the Board…
The Vancouver Island Ferry Company (VIFC), operator of the Hullo fast ferry service, appointed Ryan Dermody as its permanent Chief Executive Officer, following his successful tenure as Interim CEO.Dermody’s leadership has been pivotal in guiding…
Ellerman City Liners, part of GB Global, has acquired Viasea Shipping from Norway’s ColliCare Holding AS, a move that strengthens Ellerman’s position in the European shortsea shipping market and deepens its commitment to sustainable logistics solutions…
The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer…
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control…
Medov Group acquired a majority stake in Programma Mare S.r.l., a historic La Spezia-based company that has modernized traditional packaging methods for the storage and international shipment of yachts.The announcement was made by Giulio Schenone…
Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1…
United Heavy Lift (UHL) said that Managing Director Lars Bonnesen has sold his shares in United Heavy Lift to the United Shipping Group and will step down from his role as of December 31, 2025. In a related development, Christian Monsted has…
After three years of leading the South Carolina Ports Authority as President and CEO, Barbara Melvin has announced her resignation, with plans to pursue other opportunities.Melvin joined SC Ports in 1998, serving in a variety of roles and leading…
Inyanga Marine Energy Group announced that Martin Murphy has been appointed as Chair of the Board.Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership…
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, opened its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international…
