People & Company News

 

Hyundai Merchant Marine Joins NYSHEX

Jul 25, 2018

The New York Shipping Exchange (NYSHEX), the innovator of the first reliable digital forward freight contract for global container shipping, announced the addition of Hyundai Merchant Marine (HMM) as the newest carrier member to join the exchange…

Eurotainer Appoints APM Terminals as Agent for Argentina

Jul 25, 2018

Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in Argentina.APM Terminals serves the Argentinian market through five strategically…

K Line Settles Lawsuit Against APL Logistics

Jul 25, 2018

APL Logistics and K Line have announced that they have settled in a legal dispute, that sparked when employees from the logistics company spread bankruptcy rumours about the Japanese carrier.'In September 2016, employees of APL Logistics Ltd…

New Scholarship Established at SUNY Maritime

Jul 25, 2018

Rear Adm. Michael Alfultis, president of SUNY Maritime College, today announced the establishment of the Ruth Mulan Chu Chao and James Si-Cheng Chao Endowed Scholarship Fund as a permanent, need-based scholarship. The scholarship has been funded by Dr…

Navis Taps Krishnamoorthy to Drive Tech Development

Jul 25, 2018

Terminal operating systems (TOS) provider Navis, part of Cargotec Corporation, announced that former Sabre and PayPal leader Lakshmanan “Laks” Krishnamoorthy has joined the company as Vice President and General Manager of Engineering.In his new post…

TOTE Maritime Continues Equipment Investment

Jul 25, 2018

TOTE Maritime Puerto Rico said it continues to invest in equipment to meet the needs of its customers as well as Puerto Rico as the island continues with recovery efforts following last year’s hurricane season.In the last few months, TOTE Maritime has secured more than 200 additional 53’ containers…

GCT Bayonne Welcomes the ONE Stork

Jul 25, 2018

GCT USA has welcomed the Ocean Network Express’ (ONE) first magenta ship on its first dual call to the most advanced terminal in the Port of New York and New Jersey, GCT Bayonne.Following the merger of NYK Line, Mitsui OSK, and “K” Line on April 1…

DP World to Build Logistics Hub in Mali

Jul 25, 2018

DP World is set to build and operate a logistics hub in Mali under a 20-year concession agreement signed with the West African country's government, the Dubai state-owned company said on Wednesday.Construction of the first phase of the 1,000 hectare (10 square kilometers) hub…

NYK Group Celebrates Successful O3 Challenge

Jul 24, 2018

Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018…

TOP Ships Terminates ATM Program

Jul 24, 2018

TOP Ships, an international owner and operator of modern announced that, effective immediately, it is terminating the equity distribution agreement with Maxim Group LLC providing for the “at-the-market” equity offering program (ATM Offering)…

DP World Volume up 6.0% in H1 2018

Jul 24, 2018

DP World Limited handled 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross container volumes growing by 4.8% year-on-year on a reported basis and 6.0% on a likefor-like1 basis…

CN Board Appoints Jean-Jacques Ruest President and CEO

Jul 24, 2018

The Board of Directors of Canadian National Railway Company (CN) announced the appointment of Jean-Jacques Ruest as President and Chief Executive Officer of CN effective immediately. Ruest has also been appointed to CN’s Board of Directors.“In JJ…

Diana Containerships Repays Loan from Diana Shipping

Jul 24, 2018

Diana Shipping announced that on July 23, 2018, it received the full and final repayment of the loan to Diana Containerships Inc.Simeon Palios, Director, Chief Executive Officer and Chairman of the Board of the global shipping company specializing in the ownership of dry bulk vessels…

Diana Containerships Completes Sale of m/v Hamburg

Jul 24, 2018

Diana Containerships has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Hamburg, with the delivery of the vessel to her new owners.The global shipping company specializing in the ownership of containerships…

ABB Accelerates Logistics Growth with Acquisition of Intrion

Jul 24, 2018

ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the warehouse and distribution…

Logistics News

Port Everglades Signs 10-Year Lease Agreement with Everglades Company Terminal

Port Everglades Signs 10-Year Lease Agreement with Everglades Company Terminal

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

UAE Blamed for Port Sudan Drone Attacks

UAE Blamed for Port Sudan Drone Attacks

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