Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries.The company said it did not know yet how many jobs would go.(Reporting by Nikolaj Skydsgaard and Jacob Gronholt-Pedersen; Editing by Edmund Blair)
UK-based subsea geotechnical specialist Bluefield Geoservices has said that it is expanded into the Americas to meet growing demand in the sector.The subsea geotechnical services provider will initially open two offices in the US, one in the…
Denmark-based energy giant successfully issued green hybrid capital securities for €600m ($660m) to refinance existing securities issued in 2015.The latest issue will have a maturity in 3019 and first call option after eight years, the Danish energy company said…
The prestigious International Maritime Prize for 2018 has been presented to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated…
BoatUS Manager of Government Affairs David Kennedy was elected chairman of the Atlantic Intracoastal Waterway Association (AIWA). Kennedy, who will serve a one-year term, previously served as the organization’s vice-chair and board secretary…
The prestigious International Maritime Prize for 2018 has been presented to Mr. Joseph J. Angelo. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who…
Simpson Spence Young (SSY) is partnering with Gothenburg based tech company Marine Benchmark.This new partnership will enhance and strengthen SSY's client offering, as Marine Benchmark will bring a competitive advantage by providing expertise…
Shipments of limestone on the Great Lakes totaled 3.8 million tons in October, an increase of 11.4 percent compared to a year ago. Limestone cargos also bettered the month’s 5-year average by 8.5 percent.Loadings from U.S. quarries totaled 3…
Atlantic Container Line (ACL), a Grimaldi Group Company, has agreed a new 15-year contract extension for container and roll-on/roll-off operations at the Port of Liverpool until 2035. Peel Ports Group is making a significant investment at RSCT to accommodate ACL’s new fleet of G4 vessels…
Marine Jet Power (MJP) has appointed Michael Rickey as President and Regional Director of Marine Jet Power, Inc. effective as of December, 2. Rickey will be responsible for business development in the Americas region, where the company holds a corporate office in Blacklick…
National Bank (NBG) has signed deals to sell a 262 million euro ($288.78 million) portfolio of shipping loans to investment funds as part of its effort to reduce its load of soured credit, Greece's second-largest lender said on Wednesday.The…
World shares made another push for an all-time high on Wednesday after U.S. President Donald Trump said Washington and Beijing were in the final throes of inking an initial trade deal.European trading was restrained, with MSCI's all-country world index now within 0…
Monaco-based international owner, operator and manager of liquefied natural gas (LNG) carriers GasLog has announced plans to relocate more of its people and most of the senior management to the Piraeus, Greece office, home of its operational platform…
Steerprop appointed Riku-Pekka Hägg as its new Chief Executive Officer (CEO), starting January 2020.Formerly Hägg was Vice President of Ship Design at Wärtsilä. “Steerprop shares my passions and values to ensure efficient and sustainable shipping in the future…
Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this year…
