People & Company News

 

Cargo Container Security Alliance Formed

Sep 16, 2014

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of supply chain assets and cargo on a global basis.LoJack SCI will exclusively offer…

DHT Closes Common Stock for Samco Acquisition

Sep 16, 2014

DHT Holdings, Inc. announced  the closing of its registered direct offering of 23,076,924 shares of its common stock at a price of $6.50 per share. DHT received net proceeds of approximately $145,500,000 after the payment of placement agent fees…

OMV's Huijskes to Leave in 2016 for 'Private Reasons'

Sep 16, 2014

OMV's head of exploration and production, Jaap Huijskes, will leave the company in the first half of 2016, well before his contract expires in September 2018, the Austrian oil and gas group said on Tuesday.Huijskes' decision is 'based solely on private reasons'…

Atlantic Power Slashes Dividend, Replaces CEO

Sep 16, 2014

Power producer Atlantic Power Corp slashed its dividend by 70 percent and asked its chief executive to step down as part of a strategic review process.The company said it appointed Ken Hartwick, director of the board, as a replacement for Barry Welch…

Trelleborg Report Optimistic for Port Investment

Sep 16, 2014

The latest 'Barometer Report' from Trelleborg's marine operations business sector, discusses the issues impacting ports and terminals around the globe, and reveals the most optimistic outlook on investment since the annual industry survey began in 2010…

Caterpillar Named to Dow Jones Sustainability Indices

Sep 16, 2014

Caterpillar Inc. has been named to the 2014 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 13th year for Caterpillar to be included in the list since DJSI debuted in 1999…

KVH to Provide Transas Electronic Chart Updates

Sep 16, 2014

KVH Industries, Inc., and Transas announce a strategic relationship designed to ensure vessels at sea receive affordable, timely updates of mandatory electronic chart data.The CHARTlink channel of KVH’s IP-MobileCast content delivery service…

CAGTC Members Win Big in TIGER VI

Sep 15, 2014

The U.S. Department of Transportation (USDOT) announced Friday that 72 projects will receive a total of $600 million from the sixth round of the Transportation Investment Generating Economic Recovery (TIGER) program. Of these, 12 Coalition for…

Commissioner Doyle Addresses NCBFAA

Sep 15, 2014

Federal Maritime Commissioner William P. Doyle spoke today at the National Customs Brokers & Forwarders Association of America (NCBFAA) Government Affairs Conference in Washington, DC. There, he addressed OTI regulations, port congestion forums and the upcoming U…

Scorpio Bulkers Upsizes Public Offering

Sep 15, 2014

Scorpio Bulkers Inc. announced today that it has further upsized and priced its previously announced offering of senior unsecured notes due 2019 in a registered public offering.The size of the offering has been further increased from the…

CMA CGM Awarded for CSR Performance

Sep 15, 2014

The results of the evaluation of the Group in terms of CSR (Corporate Social Responsibility) have just been published by EcoVadis, a rating agency specialized in CSR that is evaluating more than 100 multinational groups in the framework of their Sustainable Procurement policies…

Damen Shiprepair Dunkerque Offers Strategic Advantages

Sep 15, 2014

Acquired less than two years ago, Damen Shiprepair Dunkerque is a relatively new addition to the group’s worldwide network of ship repair and conversion yards. Originally called Arno Dunkerque, the shipyard was officially renamed Damen Shiprepair…

Delta "T" Moves Into Latin America

Sep 15, 2014

Already the United States agent for the Cranston Eagle line of marine off-load hooks, Delta 'T' Systems is expanding its territory to now include all of Latin America. In conjunction with its engineering-based sister company, DPSS, Inc., Delta 'T' Systems provides sales…

ProSep Appoints McPherson for Middle East

Sep 15, 2014

Houston headquartered oil, gas and water treatment specialist, ProSep has appointed a General Manger for the Middle East as it plans for significant growth in the region.Ryan McPherson joins the company from the Industry Technology Facilitator (ITF)…

European Shipping Week 2015 Date Announced

Sep 15, 2014

The week of March 2-6, 2015 has been chosen as the date for the inaugural European Shipping Week when shipping industry leaders from Europe and around the world will descend on Brussels to meet and network with top legislators from the European Commission…

Logistics News

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Maersk Reopens Cargo Acceptance to Port of Haifa

Maersk Reopens Cargo Acceptance to Port of Haifa

Panama Canal Celebrates Nine Years Since Expansion

Panama Canal Celebrates Nine Years Since Expansion

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Sources: India refuses entry to UN aviation expert in Air India crash investigation
Spanish court suspends fines against two airlines for cabin bag fees
Gulf shares increase as Iran-Israel ceasefire is maintained