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People & Company News

 

Port of Baltimore Gets $1.8 Mln EPA Grant

Jan 06, 2020

The Helen Delich Bentley Port of Baltimore has secured $1.8 million in grant funding from the U.S. Environmental Protection Agency (EPA) to replace older diesel-powered equipment with newer, cleaner versions.The Diesel Emissions Reduction Act (DERA) funds will cover about 44 dray trucks…

ShipServ Appoints Hyldahn as CEO

Jan 06, 2020

ShipServ has appointed Henrik Hyldahn as its new CEO, effective January 1, 2020. Hyldahn was previously ShipServ’s Chief Solutions Officer. He replaces CEO Kim Skaarup, who will join the company's board as Vice ChairmanAs new CEO, Hyldahn will…

APM Terminals Pipavav Appoints Sørensen

Jan 06, 2020

APM Terminals Pipavav (Gujarat Pipavav Port Limited), has appointed Mr. Jakob Friis Sørensen as Managing Director, effective January 1, 2020Sørensen has been a part of A.P. Moller Maersk Group since 1987 starting at the internal A. P.  Moller Shipping School in Copenhagen…

KPI Bridge Oil Appoints Managing Director

Jan 06, 2020

KPI Bridge Oil has appointed Patrick Hoé as Managing Director for its Denmark operations.Hoé  joins KPI Bridge Oil from an international sales position in the wind power industry but he previously spent eiight years with a global trading house as senior bunker trader.

KR Appoints New Chairman & CEO

Jan 06, 2020

The Korean Register (KR) has appointed Hyung-chul Lee as its 24th Chairman & CEO. His term began on December 23, 2019 and runs for three years until December 22, 2022.Hyung-chul Lee joined KR in 1988 and has until now held the position of Executive Vice President of KR…

MTS Appoints Dr. Josh Kohut as VP

Jan 05, 2020

The Marine Technology Society (MTS) announced that its membership has elected Dr. Josh Kohut, a professor at Rutgers University at the Center for Ocean Observing Leadership, to serve on its Board of Directors as the Vice President of Education…

Adani Buys 75% Stake in Krishnapatnam Port

Jan 05, 2020

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private sector port operator, has agreed to buy a 75% stake in Krishnapatnam Port Co. Ltd (KPCL) at an enterprise value of INR 13,572 crore (US $1.9 billion). KPCL is located in the southern part of Andhra Pradesh…

Borr Drilling Appoints Neil Glass as Director

Jan 05, 2020

International drilling contractor to the oil and gas industry Borr Drilling Limited announced the appointment of Mr. Neil Glass as a new director of the Board.Glass graduated from the University of Alberta in 1983 with a degree in Business.…

APSEZ to Buy 75% Stake in Krishnapatnam Port

Jan 03, 2020

Adani Ports and Special Economic Zone (APSEZ) said on Friday it would buy a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of 135.72 billion rupees ($1.89 billion).The deal will take its domestic market share to 27% from 22% on a pan-India basis…

Evac Appoints Tapio Kolunsarka as CEO

Jan 03, 2020

Evac, a supplier of integrated waste, wastewater, and water management systems for the marine, building and offshore sectors, has appointed Tapio Kolunsarka as new CEO of Evac Group effective 1 Jan 2020.He succeeds Tomi Gardemeister who has…

2 Shahid Ports Join Chabahar

Jan 03, 2020

The Members of Parliament (MPs) of Iranian Parliament (Majlis) approved the general outlines of a bill on attaching Shahid Kalantari Port and Shahid Beheshti Port to Chabahar Free Trade Zone in southeast of Iran.The attachment of two ports to…

Wilgus Elected Partner at Blank Rome

Jan 02, 2020

Maritime and international trade attorney Lauren B. Wilgus has been elected partner at law firm Blank Rome, effective January 1, 2020.Wilgus, based in New York, focuses her practice on international and maritime litigation, alternative dispute resolution and business matters…

Konecranes Acquires MHE-Demag

Jan 02, 2020

Konecranes said on Thursday it has completed the acquisition of Jebsen & Jessen’s 50% stake in MHE-Demag, as announced on December 5, 2019.The combined operations of Konecranes and MHE-Demag start on January 2, 2020.With the acquisition, Konecranes…

APM Terminals Mumbai Tops 2 Mln TEU in 2019

Jan 02, 2020

For the second consecutive year, APM Terminals Mumbai has achieved the milestone of handling more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2019. The terminal has continued its focus on strong collaborative efforts with all its customers – shipping lines…

Research Vessel Equipped with Integrated IoT System

Jan 02, 2020

KVH Industries, Inc. and Kongsberg Digital completed the installation of their first joint maritime IoT system on an active working vessel.The team installed a KVH Watch VSAT antenna for IoT connectivity and the Kognifai Vessel Insight platform on Simrad Echo…

Logistics News

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana Handles First Aluminum Shipment

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

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