People & Company News

 

International Propeller Club Looks for new Executive VP

Dec 31, 2018

The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry…

Rosetti Marino Withdraws from Heerema Deal

Dec 24, 2018

Italy's Rosetti Marino has withdrawn its offer to buy Heerema Fabrication Group’s (HFG) Zwijndrecht facility in the Netherlands, with HFG confirming the yard is to close.Rosetti Marino and HFG entered into a letter of intent on the 16th of November…

Moody's Downgrades MOL

Dec 24, 2018

The rating company Moody's Japan K.K. has downgraded  Japanese shipping company Mitsui O.S.K. Lines, Ltd.'s (MOL) corporate family rating to Ba2 from Ba1. The rating outlook is stable.'We expect MOL's debt will not decline materially over the…

CMA CGM Takes Delivery of First LNG-Powered Vessel

Dec 24, 2018

The CMA CGM Group, a leading shipping group, has announced its subsidiary Containerships, an expert in Intra-Europe which it acquired in October, took delivery on December 12th of its first container ship powered by liquefied natural gas (LNG)…

Port of Amsterdam CEO Appointed Energy Commissioner

Dec 23, 2018

Port of Amsterdam CEO Koen Overtoom and ten other Amsterdam residents have been named Energy Commissioners by Platform 02025, a non-profit that aims to make Amsterdam a leader in clean energy.Amsterdam port said in a press release that the appointment…

Rotterdam Port Contributes USD 51.86 billion to Netherlands

Dec 23, 2018

USD 51.86 billion (EUR 45.6 billion) or 6.2% of the added value of the Netherlands is due to the Port of Rotterdam. This emerged in ‘The Rotterdam effect - Impact of Mainport Rotterdam on the Dutch economy’ study conducted by Erasmus University Rotterdam (EUR)…

Moda Midstream Loads First Supertanker at South Texas Terminal

Dec 21, 2018

Moda Midstream LLC, owner of a U.S. Gulf Coast crude export terminal, on Thursday began partially loading the first supertanker at its Ingleside, Texas, facility, the company said.The Houston-based operator, which purchased the facility from Occidental Petroleum Corp…

Port NOLA: Board Elects Baker as Chairman

Dec 21, 2018

The Board of Commissioners of the Port of New Orleans selected a new Executive Committee with the election of Arnold B. Baker as Chairman, Tara C. Hernandez as Vice Chair and Darryl D. Berger as Secretary-Treasurer during the Dec. 20 monthly Board meeting…

Arison Take the Helm for FCCA

Dec 21, 2018

The Florida-Caribbean Cruise Association (FCCA), the trade association that represents the mutual interests between destinations and stakeholders in the Caribbean and Latin America and FCCA Member Lines, which operate 95 percent of the global cruising capacity…

Dan-Bunkering Promotes Pagh

Dec 21, 2018

A/S Dan-Bunkering Ltd. announced that Rikke Pagh as per December 18, has been promoted to Senior Bunker Trader.Rikke started her career in Bunker Trading with Dan-Bunkering in 2004 and has during her employment been stationed abroad for a longer period…

Port NOLA, Ports America Expand Partnership

Dec 21, 2018

The Board of Commissioners of the Port of New Orleans approved a resolution to expand its partnership with Ports America, the largest U.S. terminal operator and stevedore. The long-term lease and infrastructure agreements will bolster capabilities…

PSA, ONE Launch Container Terminal in Singapore

Dec 20, 2018

The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture  company  based at Pasir  Panjang Terminal in Singapore…

HMM to Take Control of Busan Terminal

Dec 19, 2018

The number one Korean national containers carrier Hyundai Merchant Marine (HMM) and Singapore-based terminal operator PSA International have secured complete ownership of the Hyundai Pusan New-Port Terminal (Pier 4) in the Port of Busan, South Korea…

Teekay LNG Partners Repurchases USD 100mln Common Units

Dec 19, 2018

Bermuda-based shipping company Teekay GP, the general partner of Teekay LNG Partners, has announced that its Board of Directors has authorized a common unit repurchase program for the repurchase of up to $100 million of Teekay LNG’s common units…

Navios Maritime Containers Adds Two Boxships

Dec 19, 2018

The owner and operator of containerships Navios Maritime Containers announced that it took delivery of the Bahamas and the Bermuda, two 2010-built 4,360 TEU containerships on December 7, 2018 and December 17, 2018, respectively.As previously announced…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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