The Financial and Sustainability Reports cover the period January 1, 2012 to December 31, 2012 and together provide a summary of Port Metro Vancouver’s overall performance, as set out below:“Port Metro Vancouver is seeking ways to engage with…
Intermarine, LLC appoint Scott Stadelman as Vice President of Global Sales and Marketing, effective June 3, 2013.Scott's success growing sales organizations provides additional expertise to our already talented group of professionals at Intermarine…
W. P. Carey Inc., a provider of corporate sale-leaseback financing, has acquired the R&D and class-A office facilities of Cargotec Corporation in Tampere, Finland.The premises are subject to a 20-year triple-net lease with the company. The total acquisition cost of the 183…
Rolls-Royce Plc signed a memorandum of understanding with Spanish shipping company Baleària to design gas-powered propulsion systems for three of the company’s high-speed ferries, which currently run on diesel.Baleària, which operates ferry…
Crowley Maritime Corporation’s Caribbean logistics group is now offering regularly scheduled, weekly less-than-containerload (LCL) services to and from San Juan, Puerto Rico, & select countries within Central America. The new service utilizes…
Boothbay Harbor Region Chamber of Commerce announces 11 sailing schooners will visit the harbor for 'Windjammer Days'.The 2013 Windjammer Days are scheduled to take place June 25 and 26, 2013, with the schooners appearing in Linekin Bay on Tuesday the 25th and in the harbor on Wednesday the 26th…
The International Chamber of Shipping (ICS) explained the serious economic challenges presently confronting shipping to 50 transport ministers.ICS explained its position on the financing of sustainable maritime transport at this year’s Organisation…
Bellzone Mining's joint venture Forecariah has sold a trans-shipping vessel for $8.9m (£5.8m). An in-depth analysis into the operational efficiency of the Forecariah operations showed that the ship was neither an operational requirement nor a material economic benefit…
Huntington Ingalls Industries announced that Don Perkins has been named vice president of contracts and pricing for the company's Ingalls Shipbuilding division.Operationally, Perkins' organization is responsible for contract administration…
The Nautical Institute took its AGM to South Asia for the first time on May 31 and June 1 in Colombo, Sri Lanka. The theme was challenges facing maritime administrations. Speakers and delegates highlighted the need to devise and promote best…
CEO in GC Rieber Shipping, Irene Waage Basili, has been awarded the WISTA LeaderShip Award 2013 by WISTA Norway. Basili received the award as an acknowledgement of her strong efforts and diversified achievements within the Norwegian maritime industry…
NOL Group announced thatTom Behrens-Sørensen will join its board of directors July 1 and will serve as a member of both the Executive Resource and Compensation Committee and the Enterprise Risk Management Committee.A shipping veteran with more than three decades of international experience…
GulfMark Offshore, Inc. announced that it has appointed James (Jay) M. Mitchell as Executive Vice President and Chief Financial Officer (CFO). Mr. Mitchell replaces Quintin Kneen who, as previously announced, will assume the role of President and Chief Executive Officer (CEO) on June 4…
Latvian Shipping Company (LSC) owners of 19 medium-size tankships reports a profit in Q1 2013.LSC and its affiliates made a profit of US$ 77,000 despite an impairment charge of US$ 1.7-million against the decrease of the fleet value. Though in absolute terms the profit is merely symbolic…
The master of Crowley’s 'S.S. Wright, Capt Fred Walley, receives the 'Spirit Award' in recognition of Hurricane Sandy relief efforts .Capt Walley of the Ready Reserve Force (RRF) ship, was presented with the Spirit Award at the Nationals…