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People & Company News

 

Odfjell Reports Weak Q4 2012 Chemical Tankship Market

Feb 14, 2013

Tankship & terminal storage owners/operators Odfjell also noted significant losses at their Rotterdam terminal in its Q4 2012 report.Jan A. Hammer, President/CEO Odfjell SE comments on the financial report as follows:The chemical tanker market improved seasonally towards the end of the year…

California Port Container Volumes: One Up, One Down

Feb 14, 2013

Port of Long Beach report surge in January container volumes, while those at Port of Los Angeles were slightly down.Up – Port of Long Beach Cargo volumes at the Port of Long Beach surged in January with 17.5 percent more containers overall…

Cruise Shipping Asia-Pacific Conference 2013: Date Set

Feb 14, 2013

Third annual Cruise Shipping Asia-Pacific Conference to meet in Singapore, October 8-10, 2013.The two-day annual Cruise Shipping Asia-Pacific conference provides an opportunity to assess the pace and direction of growth in the world’s newest and growing cruise sector…

Greek Investment Company Closes Assetplus Purchase

Feb 14, 2013

Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…

Euroseas Report Dip in Profits

Feb 14, 2013

Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results.Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52…

Bulk Transport Leadership: Clark Todd

Feb 14, 2013

Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…

Bulk Transport Leadership: Merritt Lane

Feb 14, 2013

Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…

Kobelt Manufacturing Acquired by Private Equity Firm

Feb 14, 2013

Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…

“Bob” Long Honored

Feb 14, 2013

Long recognized during annual Industry Breakfast at Progressive Insurance  Miami International Boat Show & Strictly Sail. The National Marine Manufacturers Association (NMMA) today honored Bob Long, Owner and CEO of Marine Concepts, with the 2013 Alan J…

2012 Annual ASNE Award Winners

Feb 14, 2013

Each year, the American Society of Naval Engineers (ASNE) celebrates excellence in naval engineering by recognizing individuals who have demonstrated exceptional achievement in one or more facets of the industry.ASNE is pleased to announce…

Drydocks World , Maritime World Excellence Awards

Feb 14, 2013

Drydocks World & Maritime World today announced the institution of an employee award scheme to recognize performance excellence among its staff.  The award which recognizes an employee’s commitment & work ethic in embracing the challenges…

New Chief Accountant for A/S Dan-Bunkering

Feb 14, 2013

We are pleased to announce that as from 1 February 2013 Jan Eckhoff, 37, has been employed as Chief Accountant with Dan-Bunkering.Jan has several years of experience both within accounting and management, and will be a part of the accounts department in the company’s head office in Middelfart…

Navis TOS Passes the Century Milestone

Feb 14, 2013

Navis SPARCS N4 Terminal Operating System (TOS) reaches critical milestone with 100 terminals globally. Navis, a part of Cargotec Corporation and the global technology standard for managing the movement of cargo through terminals, has reached…

Wärtsilä Secures Finance for R&D Work

Feb 13, 2013

Wärtsilä and Nordic Investment Bank sign a EUR 50-million loan agreement to support Wärtsilä's R&D activities.The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term…

State of the Union Address 2013: AAPA Comments

Feb 13, 2013

Kurt Nagle, president & CEO of the American Association of Port Authorities (AAPA), comments on President Obama's address.Mr. Nagle remarked as follows:“AAPA was extremely pleased that President Obama mentioned the value and need for…

Logistics News

MSC to Offload All Cargo Bound for Gulf

MSC to Offload All Cargo Bound for Gulf

Saudi Arabia Tries to Divert Oil to Red Sea

Saudi Arabia Tries to Divert Oil to Red Sea

London Marine Insurance Market Widens Risk Zone in Middle East

London Marine Insurance Market Widens Risk Zone in Middle East

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

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US lawmakers criticize State Dept for not helping Americans trapped in Mideast during Iran war
Loveholidays will postpone its $1.3 billion London IPO because of Gulf travel chaos.
Israel's UN representative says that Israel and the US control nearly all Iranian airspace.