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.
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…
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 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…
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.…
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, 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…
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…
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 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…
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…
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…
Ilya Espino de Marotta, who played a lead role in the expansions of the Panama Canal took office on January 1 as the first woman deputy administrator of the waterway.She was chosen by the board of directors of the Panama Canal Authority to replace Manuel Benítez…
North America's dredging company Great Lakes Dredge & Dock Corporation (GLDD) announced the receipt of several major dredging awards totaling $ 83 million.David Simonelli, President of Dredging said: “Great Lakes is pleased to announce these important deepening…
NCSP Group, Europe's third largest port operator in terms of cargo turnover, its subsidiary Novorosleseksport (NLE AO) will receive port equipment from Liebherr-Russland OOO.Dmitry Korchnev, General Director at NLE AO, and German Ignatov, Director…
