People & Company News

 

ClassNK Creates Cyber Security Team

Sep 09, 2019

ClassNK established a cross-sectional cyber security project team made up of ship and security experts of the society, as cyber security for ships is entering a practical stage, including the Maritime Safety Committee (MSC) resolution encouraging…

DP World’s Topaz, P&O Merger Complete by Year-end

Sep 09, 2019

Port operator DP World's planned merger of its P&O Maritime and recently acquired Topaz Energy and Marine businesses is expected to be completed by the end of the year, Topaz CEO Rene Kofod-Olsen said on Monday.DP World bought Dubai-based oil…

Gazprom, Kogas for Tighter LNG Cooperation

Sep 09, 2019

Russian oil and gas company Gazprom Neft has announced that a working meeting has been held between Alexey Miller, Chairman of the Gazprom Management Committee, and Hee-Bong Chae, President and Chief Executive of KOGAS.The meeting participants…

NYSE Begins to Delist Seadrill Partners

Sep 09, 2019

The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…

TS Lines Adds Pan Asia Service Loop

Sep 09, 2019

Taiwanese ocean carrier TS Lines (TSL)  has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage…

Gazprom Neft, USC Join for LNG Project

Sep 08, 2019

Russian oil producer Gazprom Neft, Gazprom gas-engine fuel, and the United Shipbuilding Corporation (USC) have concluded a tripartite cooperation and strategic partnership agreement on developing a liquid natural gas (LNG) fleet and related infrastructure…

Liebherr Invests in Hamburg Port

Sep 08, 2019

The Swiss multinational equipment manufacturer Liebherr, has officially opened its new service center in Hamburg. The center, comprising an area of 44,000 square meters in the Kuhwerder.“We are investing in a location which offers long-term potential for growth in several directions…

Tallink Enters Singapore

Sep 08, 2019

Estonian shipping company Tallink Grupp has announced establishing a subsidiary in Singapore this week – Tallink Asia Pte Ltd – which is the group’s first subsidiary in Asia.  The operator of cruise ferries and ropax ships said that the purpose…

Hill International to Develop Thessaloniki Port

Sep 06, 2019

A consortium led by Hill International has won a contract from Thessaloniki Port Authority (THPA) in Greece to support major expansion works at Thessaloniki port.Hill International, a player in managing construction risk, announced that it has…

2Q Red Ink for CMA CGM Again

Sep 06, 2019

CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy…

Maritime Coordinator Honored with Kiel Port Award

Sep 06, 2019

The Federal Government Coordinator for the Maritime Industry, Norbert Brackmann, has been honored with the Port Award 2019. The prize was presented to him on September 5th on the occasion of the traditional “Sprottenback” event hosted by the companies of Kiel’s maritime industry…

First X-BOW Polar Vessel Ready to Explore

Sep 06, 2019

The first expedition cruise vessel in SunStone’s INFINITY class series was named ‘Greg Mortimer’ at the China Merchants Heavy Industry (CMHI) Haimen base on September 6, 2019. The vessels have been designed and developed by Norway-based Ulstein…

Polaris Celebrates 70 Years of Taylor-Dunn

Sep 06, 2019

It’s an industrial workhorse with humble beginnings and it’s turning 70. Taylor-Dunn, part of Polaris Inc., started in the garage of RD Taylor in 1949 when he designed and built his first electric-powered cart to help him drive new efficiencies across his small poultry supply business…

BMT Wins Multiple Nav Simulator Orders

Sep 06, 2019

BMT, a leading, multidisciplinary management consultancy, has reported phenomenal growth in sales of its maritime simulator and has just signed multiple key contracts with select cruise lines including Holland America Line, Princess Cruises…

Naylor Named Resolve Maritime Academy Director

Sep 06, 2019

Resolve Maritime Academy, the learning arm of the Resolve Marine Group, has welcomed Chauncey Naylor as the Academy’s new Director responsible for operational management, strategic course, and certification development. Naylor comes to Resolve from Williams Fire and Hazard Control in Port Arthur…

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

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China closes its ports before Typhoon Dolphin reaches Japan's Okinawa
US Postal Service reports $2.5 billion quarterly loss
Wall Street Journal, August 7,