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People & Company News

 

Offshore Services Chooses MarineCFO Software

Jul 27, 2011

MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services…

GAC Appoints Steindamm, Bjorklund

Jul 27, 2011

GAC has expanded its regional Shipping Marketing team with the appointment of Niko Steindamm. As Marketing Manager, Shipping, based in Bremen, Germany, Steindamm will promote GAC's global shipping and related services to the maritime and commodity/trading communities in Germany…

NAT Issues Statement on "Unusual" Trading of its Stock

Jul 27, 2011

Hamilton, Bermuda, July 26, 2011 - There was an unusual trading in the NAT stock yesterday. NAT is not aware of any corporate news or market news that caused the irregular trading. The dividend report for the second quarter 2011 will be published August 8…

Danos & Curole Wins Contract from Chevron Liberia

Jul 26, 2011

Danos & Curole has been awarded a multi-million dollar contract from Chevron Liberia to provide drilling support services in Liberia, West Africa. The company’s consultant service business will carry out preparation work for exploratory drilling…

DryShips to Acquire OceanFreight

Jul 26, 2011

DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc…

Weld Tooling Appoints Sted and Clouser

Jul 26, 2011

Weld Tooling Corporation has appointed Norm Sted Sales and Marketing Director for weld.com. Norm brings over 30 years of welding and business experience from his position as Regional Manager for one of the largest manufacturers of arc welding products in the world…

USNI Appoints VAdm Daly Chief Executive Officer

Jul 26, 2011

On July 27, 2011, the U.S. Naval Institute (USNI) begins an important new chapter with the appointment of Vice Admiral Peter H. Daly, U.S. Navy (Ret.) as the professional society’s Chief Executive Officer. Daly served from August 2008 until June 2011 as Deputy Commander and Chief of Staff…

IBIA Chief Executive Resigns

Jul 25, 2011

Bunker trade association IBIA announced the resignation of its Chief Executive Ian Adams, effective from 31 July 2011. Adams had been at the helm of IBIA since 2001 during which time the organisation has grown in size, reputation and influence…

Danaos Appoints Chatzis as CFO

Jul 25, 2011

Danaos Corporation (NYSE: DAC), an owner of containerships, announced that the Board of Directors of the Company has appointed Evangelos Chatzis to the position of Chief Financial Officer, effective July 22, 2011. Chatzis has more than 16…

Crowley Names Cosgrove VP, Marine Ops

Jul 25, 2011

Crowley Maritime announced that Cole Cosgrove has assumed the role of vice president of marine operations for Crowley's liner services groups. Cosgrove will continue to work out of the company's Jacksonville office while reporting to John Hourihan…

Mike Toohey Tapped to Lead Waterways Council, Inc.

Jul 22, 2011

Washington, DC – It was announced today that Mike Toohey has been selected to become President and CEO of Waterways Council, Inc. by the organization’s Search and Executive Committees.  A special meeting of the WCI Board of Directors has been called for August 2…

AMEC names Andy Sallis President of Oil & Gas Americas

Jul 22, 2011

Houston, TX (21 July 2011) – AMEC, the international engineering and project management company, has named  Andy Sallis to the position of President, AMEC Oil & Gas Americas, responsible for Houston-based project operations, including supervision…

Military Sealift Command Pacific Welcomes New Commander

Jul 22, 2011

Military Sealift Command’s San Diego-based office, MSC Pacific, changed leadership today as Capt. Sylvester Moore assumed command from Capt. Jerome F. Hamel. The ceremony was held aboard fleet replenishment oiler USNS Yukon at Naval Base Point Loma in San Diego…

Videotel and Mines Rescue Marine Launch New Training Series

Jul 22, 2011

Accidents in enclosed spaces are frequent, often fatal – but crucially, also avoidable. Today, Videotel Marine International joins forces with Mines Rescue Marine to launch a brand new training series, Entry into Enclosed Spaces.  The programme…

IMarEST Transfers Historic Library to Lloyd's Register

Jul 21, 2011

Lloyd's Register has taken delivery of the Institute of Marine Engineering, Science and Technology's (IMarEST) library, giving the collection a secure new home and assuring its preservation for the future.The historic IMarEST collection…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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German industry leaders to meet with EU sector chiefs on sector challenges
The rupee has its best week for over two years, as the dollar struggles to recover.
China bans power banks that are not certified and have been recalled from planes