People & Company News

 

Global Problem, Local Action: IMO/EU Initiative

May 15, 2019

A new IMO video puts the spotlight on how an IMO/EU initiative is helping cut maritime emissions in the Solomon Islands as part of a global project to help tackle climate change.When the solar-powered LED lights go on at night in the port of Honiara…

Schulte Launches VC Fund for Maritime

May 15, 2019

Germany’s Schulte Group has launched a venture capital unit - INNOPORT - to identify investment opportunities in the global maritime start-up eco-system.The INNOPORT team, based in Hamburg, Limassol and Singapore, is headed by Yiannis Sykas…

Bristow Files for Chapter 11 Bankruptcy

May 15, 2019

Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its debt load.The struggling Houston-based helicopter operator for offshore oil and…

Cosco Eyes PIL Takeover

May 15, 2019

After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target.The Chinese state-run ocean…

Interview: Rolf Stiefel, Winterthur G&D

May 13, 2019

The May 2019 edition of Maritime Reporter & Engineering News features a 10-page feature section on 'Thought Leadership' in the marine power sector. Here we extract and present the interview with Rolf Stiefel, Vice President Sales, Winterthur Gas & Diesel Ltd…

Q-Flex LNG Tanker Transits Panama Canal

May 13, 2019

Qatargas’ Al Safliya recently transited the Panama Canal, the first Q-Flex and the largest liquefied natural gas (LNG) tanker to ever transit the waterway.The tanker–which measures 315 meters in length and 50 meters in beam with an overall cargo capacity of 210…

Cruise Interior Expo Draws Leaders

May 13, 2019

Cruise Ship Interiors Expo, a focused event dedicated exclusively to interior design, architecture, and outfitting for the cruise industry,  announced its first conference session to kick off the inaugural two-day event. Professionals at the…

KVH Unloads Videotel for $90m

May 13, 2019

KVH Industries, Inc., (Nasdaq: KVHI) sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free, debt-free basis, subject to working capital adjustments…

Thad Allen Joins HudsonAnalytix

May 13, 2019

HudsonAnalytix, announced that Admiral Thad Allen, U.S. Coast Guard retired, has joined their operation as a Senior Executive Advisor.Admiral Allen served as the 23rd Commandant of the Coast Guard from 2006 to 2010.  He will be focusing on risk…

Geoquip Marine Names Laloe as Director

May 13, 2019

Switzerland-headquartered  geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of industry veteran Jean-Luc Laloe to its Board of Directors.Jean-Luc, who has almost 40 years of experience in the offshore oil and gas industry…

Wilhelmsen Reduces Plastic Usage Onboard

May 10, 2019

Wilhelmsen Ship Management (WSM), a global maritime industry group, headquartered in Lysaker, Norway, is taking measures to reduce plastic waste from its ships enforcing new criteria for its vendors in its selection process,  as part of their commitment to make maritime trade sustainable…

U.S. Imposes Venezuela Sanctions on shippers, tankers

May 10, 2019

The United States has imposed sanctions on two shipping companies and two tankers involved in trade with Venezuela, the U.S. Treasury Department said on Friday.The two companies are based in Marshall Islands and Liberia, and both tankers have Panama flags…

HHLA's Earnings Up in Q1 2019

May 09, 2019

German terminal operator Hamburger Hafen und Logistik AG (HHLA) revenue increases by 10.3 % in the first quarter of 2019, despite a challenging market environment, said the company.Container throughput increased slightly, partly due to the successful…

APL Enhances Japan Thailand Vietnam Service

May 09, 2019

APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The refined service will be calling three additional ports in Manila, Shekou and Nansha as part of its service rotation…

New Savannah-Central America Route

May 09, 2019

The Port of Savannah welcomed its first Seaboard Marine vessel Wednesday. The new shipping line customer supports Savannah's cold chain logistics system with one new service to Central America, and a second to Latin America and the Caribbean…

Logistics News

"Green" Vessel Investments Continue Despite Delays

"Green" Vessel Investments Continue Despite Delays

Western Bulk Returns to Profit

Western Bulk Returns to Profit

Old Livestock Carriers Spark Animal Welfare and Pollution Debate

Old Livestock Carriers Spark Animal Welfare and Pollution Debate

Digital Threatscape is Rapidly Evolving for Global Energy Systems

Digital Threatscape is Rapidly Evolving for Global Energy Systems

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