People & Company News

 

Sulphur Regulation Enforcement Support Gathers Momentum

Nov 28, 2014

Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations, broadens its platform as some of Germany’s and Denmark’s most prominent shipping companies join its ranks together with new members from Chile…

High Seas Becoming Less Secure

Nov 28, 2014

Despite the significant reduction in piracy attacks over the last few years it is now widely accepted by the maritime community that the safety of the High Seas cannot always be guaranteed by Governments. The future of security in the marine…

Kleven Wins New Yacht Contract

Nov 28, 2014

Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart, who currently has another vessel of the same type under construction at Kleven Verft…

Golar LNG Dividend

Nov 27, 2014

Reference is made to the third quarter 2014 report released on Nov 26, 2014. Golar LNG will be trading ex-dividend of a total dividend of $0.45 per share on December 3, 2014. The record date will be December 5, 2014 and the dividend will be paid on or about December 30, 2014.

NAVCENT Commander Recognizes Journey of Hope Sailors

Nov 27, 2014

Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship, Journey of Hope, during a port visit in Bahrain…

NYK Holds 8th Environmental Management Conference

Nov 27, 2014

NYK welcomed about 60 environmental supervisors from 47 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference with NYK Group companies to share information on environmental practices…

Fednav Celebrates Anniversary Trio in Cleveland

Nov 26, 2014

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner…

New Company Takes Over OW Tanker

Nov 26, 2014

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday. Henrik Pedersen said the takeover by Alba Tanker ApS, which has the trustees of the bankrupt company on its board…

BIMCO to Develop Standard Term Sheet for Ship Finance

Nov 26, 2014

BIMCO announced its intention to develop a standard term sheet to assist the shipping industry in the creation of ship financing documentation.  The aim of developing this document would be to offer lenders and borrowers a comprehensive…

Kings Point Student Earns NMRA Scholarship

Nov 26, 2014

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades. Jacqueline Weymann, of Kings Point, New York, was honored in a presentation made by NMRA past president Norm MacLeod…

UniMarine Opens Office in Greece

Nov 26, 2014

UniMarine has opened a new office UniMarine South Europe & Mediterranean.Located in Piraeus (Greece), the office will service the Southern European and Mediterranean region, headed by Spiros Stamou who has been active in the marine lubricants…

Stena Bulk Joins World Ocean Council

Nov 26, 2014

Stena Bulk reports it is the first Swedish shipping company to join the World Ocean Council (WOC), a global organization that converges a diverse range of maritime operations to promote the sustainable use of the world’s oceans.  The World…

CMA CGM Acquires OPDR

Nov 26, 2014

The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25…

MacGregor's Deck Equipment For Chinese Shipyard

Nov 26, 2014

MacGregor, part of Cargotec, has secured a comprehensive deck equipment contract from New Times Shipyard, in China, for Intership Navigation Co Ltd's three new 36,500 dwt Laker-class bulk carriers. The vessels will each feature an optimised…

Thrustmaster Names Pineda Director of Sales and Marketing

Nov 25, 2014

Marcela Pineda has been promoted to Director of Sales and Marketing at Thrustmaster of Texas. Pineda, a graduate of the University of Texas at Austin, is a seasoned professional with over 20 years experience in oil and gas, heavy construction and manufacturing…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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