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People & Company News

 

Crowley Announces Additional Promotions

Aug 05, 2019

Crowley Maritime Corp. announced new leaders in its Solutions group to support the continuing focus and growth in its government service offerings. This enhanced alignment will leverage commercial best practices in the transportation, energy…

Report: Cruise Sector Seafarers Unhappiest

Aug 05, 2019

The latest Seafarers Happiness Index report, published by The Mission to Seafarers, has revealed that seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry.The report, which is produced in association with leading mutual P&I insurer the Shipowners’ Club…

MSI Launches Digital 'MSI Horizon' Platform

Aug 05, 2019

Maritime Strategies International has unveiled MSI Horizon, a new digital platform which enables clients to access the consultancy’s proprietary macro and shipping market models and asset valuations data via a single interface.The creation of…

AEU Named an Alabama 'Best Company to Work for'

Aug 05, 2019

The American Equity Underwriters, Inc. (AEU) was recently named as one of the Best Companies to Work for in Alabama in an annual ranking compiled by Business Alabama and Best Companies Group.This survey and awards program was designed to identify…

Andersen Appointed New CEO of StormGeo

Aug 05, 2019

The Board of Directors of StormGeo has appointed Søren Andersen as the new CEO of StormGeo. Andersen will take up his new position on September 2, 2019. Interim CEO, Henrik Dahl, will reassume his role as Non-executive Director on the Board of Directors of StormGeo…

NASCENT Appoints Teti President, CEO

Aug 05, 2019

Fabio Teti, Chairman of the Board of NASCENT Technology, has announced the appointment of Ray West to President and CEO effective August 5, 2019.West is an experienced executive with a 30-year successful track record in the transportation industry…

Seacor to Acquire JV Partner's Sea-Vista Stake

Aug 05, 2019

Seacor Holdings Announces Acquisition of Joint Venture Partner’s Interest in Sea-Vista.SEACOR Holdings Inc. announced that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest…

Pacific Basin Hopeful on Dry Bulkers

Aug 04, 2019

The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installation, said Hong Kong-based Pacific Basin Shipping Limited.The…

EU Okays Investment in Romanian Port

Aug 04, 2019

The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of Galați, the largest sea-river port in the country.In April 2019, Romania notified the Commission of its plan to grant investment aid to the Port of Galați…

Baltic Exchange, GeoSpock to Track Emissions

Aug 04, 2019

Cambridge-based data visualization company GeoSpock  is collaborating with the  Baltic Exchange to build the world’s most advanced maritime spatial database.'This digital initiative will have a specific focus on shipping emissions, enabling…

CEVA Logistics Implements Turnaround Plan

Aug 02, 2019

Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset. CEVA’s new operations center opened in Marseilles.The CMA CGM Group now holds 99…

Tentative Deal to End Alaska Ferry Strike

Aug 02, 2019

Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…

McCorkle Named President, Yusen Terminals

Aug 02, 2019

Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors…

Port of Stockton 'Green Marine' Certified

Aug 02, 2019

The Port of Stockton in San Joaquin Valley has achieved certification from Green Marine, the largest voluntary environmental certification program for North America’s maritime industry. Certification recognizes the Port of Stockton’s commitment to continuously reducing its environmental footprint…

Panama Canal starts Speed Limits to Protect Whales

Aug 02, 2019

Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales…

Logistics News

Ukraine Explores Using Baltic Ports for Grain Exports

Ukraine Explores Using Baltic Ports for Grain Exports

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

Supply Pressurei in Container Vessel Sector

Supply Pressurei in Container Vessel Sector

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Saudi Arabia restarts East West oil pipeline, according to sources
Study finds that global biofuel production will increase by nearly 70% in 2030 as a result of the Gulf energy crisis
Sources say that traders are pushing for lower prices for Venezuelan crude oil, as shipping costs have risen.