People & Company News

 

TEN Announces Sale of Aframax Tanker

Jun 21, 2011

Tsakos Energy Navigation Limited (TEN) has announced the sale of the 1991-built Aframax tanker Vergina II to third party owners. Vergina II, sister vessel of Victory III sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1…

Sea Level Marine Completes Cruise Ship Renovations

Jun 21, 2011

Miami-based outfitting contractor Sea Level Marine announced its recent successful completion of a dry-dock refit of Crystal Cruises’ Serenity on May 21, 2011 at Meyer Werft yard in Hamburg, Germany.  The scope of the 14-day project was an interior…

TITAN Appoints Hoddinott and Ives

Jun 21, 2011

TITAN Salvage has appointed Mark Hoddinott to global director, marketing and strategy, responsible for developing, delivering and managing the company's strategic marketing and business development plans. He will operate out of Titan's UK facility at Newhaven…

A.M. Best Awards TT Club "A-" Rating

Jun 21, 2011

TT Club, the leading mutual insurer in the international freight and logistics arena, has had its financial strength rating of A- (Excellent) re-affirmed by the US rating agency, A. M. Best.  TT’s issuer credit rating was also maintained at 'a-' by the agency…

KPI Project: A New Tool to Measure Performance

Jun 21, 2011

InterManager, the international trade association for the shipmanagement industry, announced the completion of the development phase of its six-yearproject to produce an industry wide performance measurement tool. The Project is set to be rolled-out to the worldwide shipping industry…

Faststream Taps Ellis to Lead Business in the Americas

Jun 21, 2011

Maritime recruitment specialist Faststream appointed a new Vice President to manage its team of recruitment specialists in the USA. Tamara Ellis, a former senior employee with Ranstad, the world’s second largest staffing organisation, will…

Maritime Foundation to Offer STCW Training

Jun 20, 2011

Renee Marazon, CEO of The Maritime Academy of Toledo Foundation, has announced that The Maritime Foundation has been approved by the U.S. Coast Guard to offer Standards of Training, Certification and Watchkeeping (STCW training) effective immediately…

Bureau Veritas Augments Fleet

Jun 20, 2011

The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80 m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels…

Hurtigruten: 5 Day TV marathon in the Midnight Sun

Jun 20, 2011

Norwegian Public Service broadcaster NRK transmitted the 134 hour boat trip from Bergen to Kirkenes live and non stop, starting last Thursday June 16 at 19:45 CET. For those curious if 134 hours of television is a Guinness World Record, it's not…

Shell, China Petroleum Agree on Joint Venture

Jun 20, 2011

Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed…

Merchant Marine Reserve Program becomes Strategic Sealift Officer Program

Jun 17, 2011

After extensive coordination with several Navy organizations and the U.S. Maritime Administration, the Deputy Chief of Naval Operations for Fleet Readiness and Logistics approved revisions to the latest CNO Instruction (OPNAVINST 1534.lD) transitioning…

Kvaerner Announces Election of New Board Members

Jun 16, 2011

The Directors to Kvaerner's Board have been elected.  From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner's employees…

ORBIT Communications Sytems Appoints Rizzo

Jun 15, 2011

ORBIT Communication Systems, Ltd., a subsidiary of Orbit Technologies Ltd. (TASE:ORBI), today announced that it has recruited Dr. Carlo Rizzo to head its Telemetry and Earth Observation business operations in Europe. A seasoned industry expert…

MarPro INTERVIEW: USCG Admiral Robert Papp

Jun 13, 2011

When Admiral Robert J. Papp assumed the duties of the 24th Commandant of the U.S. Coast Guard on May 25, 2010, he also served notice that it won’t be business as usual at headquarters. Papp, unlike his three immediate predecessors, apparently…

Interview: Joe Angelo, MD, INTERTANKO

Jun 13, 2011

In shipping, there’s little that one can count on from year to year. The word “change” comes to mind immediately. Another constant is a steady hand at the helm at the International Association of Independent Tanker Owners (INTERTANKO), the voice of the world’s collective tanker market…

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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