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People & Company News

 

Safariland Appoints Kubasik to BoD

Dec 17, 2013

Maui Acquisition Corp, the parent corporation of The Safariland Group, has  announced the appointment of Christopher E. Kubasik to its Board of Directors effective immediately.  In addition to serving on the Board, Mr. Kubasik will also serve as the Chairman of the Company’s Audit Committee…

Port of LA: Container Volumes Up 17.3%

Dec 16, 2013

The Port of Los Angeles has released its November 2013 cargo volumes. November overall volumes increased 17.3 percent compared to November 2012. The increase is due in part to larger vessels calling at the Port as well as improvement in the U…

Transas Simulators Selected for Two Training Centers in Egypt

Dec 16, 2013

Transas Marine simulators have been chosen by the College of Maritime Transport and Technology and the Integrated Simulators Complex (ISC). These are the two institutions of Arab Academy of Science, Technology and Maritime Transport (AASTMT)…

Transas Upgrades Training Center in Jordan

Dec 16, 2013

Transas Middle East has won a contract to re-equip and expand Jordan Academy for Maritime Studies (JAMS) with new maritime simulators.The project includes relocation of existing navigational simulator NTPRO 5000 and Transas GMDSS Simulator…

Sigma Nexeon710: New Coating From PPG

Dec 16, 2013

PPG plans for future environmental standards with its range of copper-free antifouling coatings.  The  Sigma Nexeon  range is designed to provide a complete copper-free antifouling solution. Sigma Nexeon710 is the antifouling solution for…

Diana Containerships Sells M/V Spinel for Scrapping

Dec 16, 2013

Diana Containerships Inc. (Nasdaq:DCIX) signed, through a separate wholly-owned subsidiary, a Memorandum of  Agreement to sell to an unaffiliated third party the 1996-built vessel Spinel (formerly APL Spinel) for demolition, with delivery due to  the buyers by December 20…

MPE Helps on Stena Ferry Interior Refit

Dec 16, 2013

MPE Interiors has completed a contract for ferry operator Stena Line to deliver an extensive fit out on the Stena Adventurer vessel. MPE carried out the refurbishment works at the forward end of passenger decks seven and eight on the vessel which operates between Holyhead…

Keppel Wins $120m in Offshore Contracts

Dec 16, 2013

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) won five contracts worth about $120m in total.'We are glad to have the support of repeat…

Cuccias to Succeed Edenzon as Ingalls President

Dec 13, 2013

Huntington Ingalls Industries (HII) announced today that Irwin F. Edenzon will retire on Dec. 1, 2014. Edenzon is currently corporate vice president and president of Ingalls Shipbuilding, a division of Huntington Ingalls Industries. Although Edenzon will not officially retire until December 2014…

London's Baltic Exchange Redefines Capesize Terms

Dec 13, 2013

The Baltic Exchange inform it will be making significant amends to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes, as follows:  

The move follows…

Former NCIS Director Named Advisor at Ridge Global

Dec 12, 2013

Tom Ridge, President and CEO of Ridge Global, an international provider of security and risk management services, today announced that Thomas Betro, former Director of the Naval Criminal Investigative Service (NCIS), and VP at NTT DATA, has joined as an advisor…

Sea Star Line, TOTE Leadership Changes

Dec 12, 2013

Effective January 1, 2014, Sea Star Line (SSL) President Peter Keller will become Executive Vice President of Sea Star Line’s parent company, TOTE, Inc.  In this new capacity he will assist in the oversight of both TOTE Shipholdings and the TOTE Maritime Division…

Charleston Freight Station Adds Intermodal Logistics Coordinator

Dec 12, 2013

Charleston Freight Station, a freight logistics company that has provided container freight station services for the Port of Charleston’s customers since 1995, has hired Kate Brady as logistics coordinator.Brady will be responsible for intermodal supply chain logistics…

Panama Canal Expansion Should Slice US Grain Freight Rate

Dec 11, 2013

Upon completion of the expansion of the Panama Canal, the cost to transport grain from the U.S. corn belt to Asia will drop by an estimated 12%, thus increasing the cost competitiveness of the U.S. as a grain exporter to Asia, Rabobank forecasts…

Suga to Chair Tanker Forum

Dec 11, 2013

The Tanker Structure Cooperative Forum (TSCF) has elected Hayato Suga as its next Chairman at a recent Steering Committee Meeting. Hayato Suga is the General Manager of ClassNK’s Natural Resources and Energy Department and one of ClassNK’s foremost experts on tanker vessels…

Logistics News

Report: COSCO Shipping Suspends Operations at Panama's Balboa Port

Report: COSCO Shipping Suspends Operations at Panama's Balboa Port

Cruise Shipping: Seatrade Cruise Global Debuts Wellness Oasis

Cruise Shipping: Seatrade Cruise Global Debuts Wellness Oasis

US Navy Says Escorts Not Possible but Destroys Mine-Layers

US Navy Says Escorts Not Possible but Destroys Mine-Layers

'Quality' Coal Rallies as LNG Spikes

'Quality' Coal Rallies as LNG Spikes

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Boeing warns that wiring problems could cause a delay in the first quarter of 737 MAX deliveries
Cathay Pacific reports 9.5% increase in annual profits on strong passenger demand and cargo demand
EIA: Brent will trade above $95 in the next two months due to Iran war