People & Company News

 

Navios Maritime Acquisition Corporation to Acquire Outstanding Units of Navios Maritime Midstream Partners

Jun 28, 2018

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has submitted a proposal to the board of directors of Navios Maritime Midstream Partners to acquire the publicly held units of Navios Midstream…

VescoPlastics Celebrates 60

Jun 28, 2018

This year is the 60th anniversary of VescoPlastics and Vesconite, its first engineering plastic. The company's line of thermopolymers is used extensively in the marine, agriculture, heavy off-road equipment, pump, and hydroelectric and renewable energy industries…

Drewry Survey: Container Transport Dissatisfaction Grows

Jun 28, 2018

Satisfaction survey in container transport: Customers more dissatisfied with the service quality of ocean carriersThe service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders as more problematic…

BRP Marine Group Created With Evinrude, Alumacraft

Jun 28, 2018

Evinrude has announced  that it is now a part of the newly established BRP Marine Group. Tracy Crocker, Senior Vice-President and General Manager of Evinrude since 2017, has been appointed President of the Group, effective immediately. Crocker…

Euroseas Sells Bulk Carrier

Jun 28, 2018

Euroseas Ltd. (NASDAQ: ESEA) delivered M/V Monica P, a 46,667 dwt drybulk vessel, built in 1998, to its buyer, an unaffiliated third party.  The gross proceeds of this sale were $6.45m. The vessel was held for sale as of March 31, 2018.Following the sale of M/V Monica P…

FairfieldNodal Changes Name

Jun 28, 2018

FairfieldNodal has changed its name to Fairfield Geotechnologies (Fairfield Geo).   The name change reflects Fairfield Geo’s strategy and continuing evolution as a provider of life-of-field technology, data and solutions.FairfieldNodal pioneered…

Fraser to Head DNV GL’s Noble Denton Marine Services

Jun 28, 2018

DNV GL has appointed Neil Jamieson Fraser as its new head of Noble Denton marine services in the UK and West Africa. The role will focus on marine warranty, marine advisory/assurance, technical assurance, and advanced engineering services. Fraser…

PGNiG and Venture Global LNG Sign Pact

Jun 27, 2018

Polish Oil & Gas Company (PGNiG) and Venture Global LNG have entered into an agreement relating to the terms of delivery of liquefied natural gas from Calcasieu Pass LNG and Plaquemines LNG facilities. The agreement defines basic terms…

Diana Shipping, BNP Paribas Pact for Five Year Loan Facility

Jun 27, 2018

Diana Shipping announced that on June 20, 2018, it signed a term sheet with the French bank BNP Paribas for a five year loan facility of up to US$75 million, subject to loan documentation.  The global shipping company specializing in the…

Foss Maritime Centralizes Ops with Helm

Jun 27, 2018

Foss Maritime will centralize fleet management and operations with Helm CONNECT. The announcement comes as Foss progresses to better organize and streamline operations across core business units and wholly-owned subsidiaries along the U.S. West Coast…

Timmerman Appointed as CEO at Royal Huisman

Jun 27, 2018

Royal Huisman appointed Jan Timmerman as CEO commencing August 1, 2018. Timmerman has a successful track record as Managing Director and President of international businesses in the fields of Premium Coated Aluminum and Lighting Solutions supplying…

UK P&I Sees Donation Impact on Seafarers' Families in Philippines

Jun 27, 2018

Capt Anuj Velankar, Senior Loss Prevention Advisor at UK P&I Club travelled to Manila with The Mission to Seafarers to visit the Family Support Network (FSN) supported by the Club’s £20,000 ($26,000) donation in 2017. They were able to witness…

TNPA Focuses on Ship Repair

Jun 27, 2018

Transnet National Ports Authority (TNPA) appointed Preston Khomo, previously Richards Bay Port Manager, as Executive Manager: Ship Repair, to manage and administer the organization’s ship repair resources nationally.Thamsanqa (Thami) Sithole…

MMT Appoints Sverlinger CEO

Jun 27, 2018

P-O Sverlinger was named CEO of MMT Group. Sverlinger comes from the management consultancy firm Triathlon Group, where he is one of two founders, as well as CEO.During his time at Triathlon, the firm has grown into a sizeable, stable and successful…

Former AWO Chairman Earns Public Service Award

Jun 27, 2018

The Coast Guard recently awarded Mr. James Farley a Meritorious Public Service Award in recognition of his outstanding contributions to navigation safety, environmental stewardship and homeland security during his decades-long involvement with the American Waterways Operators (AWO)…

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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