Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel's manager said on Friday.A fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added…
The White House has reached a 'deal in principle' with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said…
NAVIGATE 2020 has announced increased participation from leading Finnish and Nordic companies and maritime professionals during its upcoming event on January 22nd and 23rd.NAVIGATE 2020 brings together the shipowners and operators, the terminal operators and regulators…
Alewijnse Marine has won the contract for the electrical fit-out of two additional Damen Combi Freighter 3850s currently in build at Damen Yichang Shipyard for delivery in January 2020.The contract is based around the design, build and delivery…
Valletta Cruise Port has welcomed a record 900,000 cruise passenger movements.A lucky recipient, who arrived in the Port of Valletta aboard the MSC Grandiosa, was the designated 900,000th passenger and given the opportunity to return to Malta…
The Supervisory Board of MANN+HUMMEL Verwaltungs GmbH has appointed Kurk Wilks as the new President and CEO as of January 1, 2020.Kurk Wilks succeeds Werner Lieberherr, who left the world market leader for filtration in October by mutual agreement…
After a trial period, Corsica Linea has deployed Moment’s technology on all its fleet. The new service was implemented this last October.Moment has been selected by Corsica Linea, a major private French maritime company transporting passengers and goods…
Danish logistics conglomerate Maersk launches its new logistics center in Bac Ninh to address the needs of a high-demand North Vietnam market.The new warehouse offers premium Warehousing and Distribution solutions to support our customers and the significant trade growth in the region…
America’s largest military shipbuilding company Huntington Ingalls Industries (HII) announced on Wednesday that Bharat Amin has been named executive vice president and chief information officer.In this newly created position, Amin will be responsible…
Amsterdam IJmuiden Offshore Ports (AYOP), a networking organization, has appointed Sylvia Boer as director effective from 1 February 2020. In this new position within the association for offshore companies in the North Sea Canal Area, Boer acts as a link between the members…
Dutch pension investor APG and UK-based The Renewables Infrastructure Group (TRIG) have agreed to acquire the Merkur offshore windfarm.TRIG will acquire a stake of around 36% in the 396-MW Merkur farm in the German North Sea, while APG has agreed to buy the remaining 64%…
The Norwegian oil and gas major Equinor ASA said it has completed the purchase of a 50% stake in the Baltyk I offshore wind project (OWP) in Poland from Polenergia.The Bałtyk 1 offshore location license allows for a development of a wind farm with a capacity up to 1560MW…
Amoil has appointed Alexandros Margaritis as Managing Director as of January 1, 2020.Margaritis brings 14 years of industry experience and has held previous positions in Singapore and Dubai respectively.Amoil was established in 1984 as the first…
The Port of Savannah moved 363,000 twenty-foot equivalent container units in November, a 5.4 percent increase over the same month last year, or an additional 18,460 TEUs.For the fiscal year to date (July-November), the Georgia Ports Authority has handled nearly 2 million TEUs…
The Baltic Exchange's main sea freight index fell for a fifth straight session on Tuesday, weighed down by softer demand for capesize vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities…
