People & Company News

 

MOL Launches Sunflower Kirishima

Sep 19, 2018

Mitsui O.S.K. Lines (MOL) announced that the newly built large-scale ferry Sunflower Kirishima operated by its group company Ferry Sunflower was launched on September 15, and with many passengers aboard, departed the Nanko Sunflower Terminal in Osaka Prefecture for the Port of Shibushi…

Hapag-Lloyd Launches Optimised Mobile App

Sep 19, 2018

Beginning immediately, all Hapag-Lloyd customers can make use of the advantages offered by the carrier’s optimised app, says a press release from the company.The app’s functionality has been expanded to include Quick Quotes and online booking…

Portugal Joins WISTA International

Sep 19, 2018

The Women’s International Shipping & Trading Association (WISTA) has welcome Portugal to the global network of executive women in shipping.The launch of WISTA Portugal was announced today by Ana Paula Vitorino, Portugal’s Minister of the Sea at Portugal Shipping…

IUMI Appoints Richard Turner as President

Sep 19, 2018

Richard Turner, European Director of Global Risk Solutions at RSA Insurance Group has been elected President of the International Union of Marine Insurance (IUMI).In accordance with the Articles of Association, IUMI’s Council formally elected Richard at their annual meeting which was held today…

San Pedro Bay Ports Ready Cleaner Truck Rules

Sep 19, 2018

New trucks entering service at the Port of Long Beach and the Port of Los Angeles as of October 1, 2018, must be model year 2014 or newer, as the San Pedro Bay ports move forward with efforts to improve air quality and reduce the health impacts of air pollution…

Maersk to Merge Damco, Ocean Product Units

Sep 19, 2018

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world…

Key Appointments at MAC

Sep 19, 2018

Maritime Assurance & Consulting (MAC), a Bureau Veritas Group company, has announced four new appointments to strengthen its offering and add further expertise to the business.In the wake of MAC recording its highest ever number of offshore…

Coles joins Wallem as CEO

Sep 19, 2018

Following the purchase of Transas by Wärtsilä, Transas' ubiquitous CEO Frank Coles will depart the newly merged company, finding a spot on top as the CEO of Wallem Group. Coles offers a diverse background and long career in maritime, spanning law…

Gulftainer Signs 50-year Lease for Port of Wilmington

Sep 19, 2018

Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year concession agreement with the state of Delaware to operate and develop the Port of Wilmington…

Diana Shipping Issues USD100mln Bond

Sep 18, 2018

Diana Shipping announced the pricing of a US$100 million private placement of senior unsecured bonds maturing in September 2023 and callable beginning three years after issuance.In addition, the global shipping company specializing in the ownership…

Dan-Bunkering DMCC Welcomes Three New Bunker Traders

Sep 18, 2018

Dan-Bunkering said it has hired three new Bunker Traders in its Dubai office.Benedek Nagy was born and raised in Hungary, however, at the age of 18 he moved to Denmark to study International Shipping and Trade as well as gain experience within the shipping industry…

TNPA Appoints Business Development Officer

Sep 18, 2018

Transnet National Ports Authority (TNPA) has appointed Linda Seroka as its Business Development Officer, effective September 18.Seroka’s role will be to explore and unlock growth opportunities for TNPA and its clients in the fields of commercial and marketing…

DP World to Issue $3.3 bln of Multi-Currency Bonds

Sep 18, 2018

Dubai port operator DP World is to issue more than $3.3 billion in bonds divided across different currencies and formats, according to bank documents seen by Reuters.The company will issue $1 billion in 10-year sukuk, or Islamic bonds, offering 175 basis points over mid-swaps…

DP World Markets Eight-year Euro-denominated Bond

Sep 18, 2018

Dubai's port operator DP World has started marketing an eight-year euro-denominated bond, a document by one of the banks leading the deal showed.The transaction would add to the expected issue of 10-year sukuk, or Islamic bonds, and 30-year…

BSM Launches a Offshore Division

Sep 18, 2018

In what can be construed as another positive sign for the turnaround of the offshore energy markets, Bernhard Schulte Shipmanagement (BSM) said it has set up a new business unit to focus on the oil and gas and offshore energy renewables markets…

Logistics News

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

CMA CGM Celebrates Maiden Call of New Port Kobe Service

CMA CGM Celebrates Maiden Call of New Port Kobe Service

New Wildlife Trafficking Compendium Released for Singapore

New Wildlife Trafficking Compendium Released for Singapore

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