Arun Sharma, Executive Chairman of the Indian Register of Shipping (IRClass), has been elected as the new Chairman of the International Association of Classification Societies (IACS) in a recent Council meeting held in Busan, Korea.Sharma took…
Hapag-Lloyd is expanding its African liner services and will offer its MIAX (Middle East-India-Africa Express) service starting in October 2019. It will include direct connections between the Arabian Gulf, India, Colombo (Sri Lanka), La Réunion…
The Port of Oakland has reported that containerized export volume increased 4.2 percent in June 2019 compared to June 2018 totals. The Port said it handled the equivalent of 74,901 20-foot loaded export containers last month—compared to 71,894 in June 2018…
ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers.The agreement covers seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the U…
C-Job Naval Architects will expand its business to the United States by opening a dedicated branch office in Houston, Texas this summer.Basjan Faber, CEO at C-Job, an independent ship design and engineering company in the Netherlands, said “At…
Hanseaticsoft GmbH a leading provider of innovative, cloud-based maritime software has launched a new app as the latest addition to its Cloud Fleet Manager - CFM Go - to make it easier and faster for customers to access relevant data about their fleet from their mobile phones…
John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway…
Japanese shipping major Mitsui OSK Lines (MOL), the first company in Japan to issue sustainability bonds aimed at individual investors, has revealed interest and investor details of its new JPY 20bn ($185.7 million) “sustainability bonds” to fund its latest green initiatives…
Cestra “Ces” Butner will serve a third term as President of the Port of Oakland Board of Port Commissioners. President Butner joined the Board of Port Commissioners in 2012. He first served as President from July 2013 to July 2014. He was voted to a second term in July 2018…
Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…
Ulstein and Schottel announced that they will start cooperating to take the next step in automation and digitalization within marine operations. The former Ulstein subsidiary, Ulstein Blue CTRL, will continue as an independent company under the name Blue CTRL…
Samskip, a European multimodal service provider group, appointed Kari-Pekka Laaksonen as the Group Chief Executive.Laaksonen, who takes up his post at Samskip’s Rotterdam headquarters on August 1st, 2019, is the former CEO of Samskip competitor Containerships…
U.S. Customs and Border Protection (CBP) officers seized 1,626 counterfeit Edison Professional speakers in Philadelphia July 9. If authentic, the speakers would have a manufacturer’s suggested retail price (MSRP) of $253,572.The speakers arrived in two shipments to Philadelphia from China June 13…
Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that will help it provide financing to Greek shipping companies, Greece's largest lender by assets said on Friday.Piraeus did not name the Asian partner…
Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…
