People & Company News

 

Diamond S Shipping Taps Kilcullen as CFO

Mar 22, 2019

US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo-listed chemical and product tanker owner/operator Team Tankers International Ltd…

BDO: Shipping Confidence Rises

Mar 22, 2019

Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…

Port Authority: 'A strong start to 2019'

Mar 22, 2019

Tonnage on river increases 60 percent from 2018Through the first two months of 2019, the Port of Little Rock and its stevedorer, LSI, have seen a year-to-year increase of 33 barges, a 62% increase in activity. Additionally, tonnage is up 49…

Lloyd's of London CEO Sees Success in 2019

Mar 22, 2019

Lloyd's of London is making changes that will make it more successful this year, its new chief executive said on Friday.The 300-year-old insurance market publishes the 2018 results in aggregate of the more than 80 syndicates under its roof next week…

Rhenus Acquires World Net Logistics

Mar 22, 2019

European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg-headquartered firm WNL is still subject to approval by the relevant cartel authorities…

ZIM: Higher Revenues, But a Loss in 2018

Mar 21, 2019

The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years, reflecting an increase of 9.1% compared to $2.98 billion in 2017.However…

HMM Intros Scrubber Installation Fund

Mar 21, 2019

South Korean shipping company Hyundai Merchant Marine (HMM) announced that it has signed a memorandum of understanding (MOU) to establish a win-win fund for scrubber installation in preparation for IMO 2020 and to seek cooperation in the shipping-related industries…

China: U.S. Trade Officials to visit Beijing

Mar 21, 2019

China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U…

SeaKing Electrical Completes DFDS Ferry Upgrades in France

Mar 20, 2019

SeaKing Electrical has completed a series of upgrades to three DFDS ferries at Damen Dunkerque Shipyard in France.The package of work was delivered to short ferries including the MS Dunkerque Seaways, MS Dover Seaways and MS Delft Seaways operated by Danish shipping company DFDS…

IAMPE's Newest Class Of Maritime Port Executives

Mar 20, 2019

The International Association of Maritime and Port Executives (IAMPE) has announced the latest group of Maritime Port Executives who completed the accredited seminar the week of March 11th at DHS/USCG Headquarters in Washington, DC.The latest class of graduates include LCDR…

NWSA Container Volumes Up

Mar 20, 2019

The Northwest Seaport Alliance’s February container volumes reached 269,199 twenty-foot equivalent units (TEUs), a 4.1 percent decrease from last year. Despite the dip, the year-to-date container volumes are up 10.9 percent, with imports and exports growing 10…

Port of Durban: Growing Cargo Volumes

Mar 20, 2019

The Port of Durban has noted growth in volumes in the container, liquid bulk and dry bulk sectors in 2018, according to recent data released by Transnet National Ports Authority (TNPA).Container volumes in the Port of Durban ended 9.5% higher…

AAPA Elects Nelson as 2019-2020 Board Chair

Mar 20, 2019

The American Association of Port Authorities (AAPA) has elected Gary G. Nelson, executive director of  Washington State’s Port of Grays Harbor, to serve as the association’s chairman of the board for the 2019-20 activity year that begins in October…

Roxtec Honored

Mar 19, 2019

Roxtec received the 2019 Sweden’s Best Managed Companies recognition, sponsored by Deloitte in cooperation with Nasdaq. Mikael Helmerson, CEO of Roxtec, sees the award as an acknowledgement of the company’s determined improvement work.Best Managed…

Cruise Meet at Posidonia Forum

Mar 19, 2019

The biennial Posidonia Sea Tourism Forum will be held from May 28-29, 2019, at the Domotel Kastri Conference Center, in Athens’ northern suburbs. Here there will be more than 30 senior cruise executives responsible for ports and destinations from the world’s biggest cruise lines…

Logistics News

US Container Imports Decline in May as China Tariffs bite

US Container Imports Decline in May as China Tariffs bite

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

US Ethane Vessels Stalled After Export Licenses Requested

US Ethane Vessels Stalled After Export Licenses Requested

GAIL LNG Terminal Receives First Cargo During Monsoon Season

GAIL LNG Terminal Receives First Cargo During Monsoon Season

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