People & Company News

 

Autonomous Shipping Firm Massterly Appoints Top Brass

Apr 24, 2018

The world’s first autonomous shipping company, Massterly, has appointed Tom Eystø as managing director and Per Brinchmann as chair of the Massterly board.Announced on April 3, 2018 as a new joint venture company between Norwegian ship owner Wilhelmsen and systems and solutions provider KONGSBERG…

Mori Named Sales Manager at APS Stevedoring

Apr 24, 2018

Long Beach based stevedoring company APS Stevedoring LLC announced the appointment of Nick Mori as its manager of sales and marketing.Reporting to President John Hering, Mori will be focused on customer service, rate negotiations, promoting the company…

GAC expands into Port Elizabeth

Apr 24, 2018

GAC South Africa has opened its fifth branch, to provide a portfolio of shipping services for oil & gas projects and LPG shipments at Port Elizabeth as well as its neighbouring port Ngqura (Coega). GAC has served customers with vessels calling…

Hapag-Lloyd's First-Ever Call at Prince Rupert

Apr 23, 2018

Hapag-Lloyd, the market leader in Canada, is expanding its local network. On April 21, the “YM Masculinity” called at a new destination, the Port of Prince Rupert, for the first time. The ship, which operates on the ‘PS8’ service of THE Alliance…

Louis Dreyfus Names Maserati as COO

Apr 23, 2018

Louis Dreyfus Company has named Andrea Maserati as Chief Operating Officer and former Edesia head Ian McIntosh as Chief Strategy Officer as part of a management reshuffle.As the 'D' in the 'ABCD' quartet of trading houses, Louis Dreyfus Company…

Tanker Rescues Castaway in South China Sea

Apr 23, 2018

Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14, while underway in the South China Sea toward the port of Kawasaki…

AAL Expands Its European Team

Apr 23, 2018

Multipurpose shipping operator AAL announced it is expanding its European team, agency network and service capabilities. Its Hamburg team is bolstered with the appointment of Eike Muentz to General Manager Europe and Jan-Henrik Heyken to Senior Chartering Manager Europe…

Hapag-Lloyd to Cut CO2 Emissions by 20 % by 2020

Apr 22, 2018

Hapag-Lloyd is publishing the company’s first sustainability report ever yesterday (April 22) as the world celebrates “Earth Day,” which says that the company had achieved 46 percent reduction between 2007 and 2016. Within the report, the…

Star Bulk Acquires 16 Ships

Apr 21, 2018

Star Bulk Carriers Corp. agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…

Mark Chu Steps Down as COO of Seaspan

Apr 20, 2018

Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities…

Diana Shipping TC for m/v Arethusa with Glencore

Apr 20, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Arethusa.  The global shipping…

Star Bulk Carriers Acquires 16 Vessels

Apr 20, 2018

Star Bulk Carriers Corp announced that it has agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…

JAXPORT Names McCague Interim CFO

Apr 20, 2018

Experienced financial executive Beth McCague has been tapped to serve at Interim Chief Financial Officer of the Jacksonville Port Authority (JAXPORT).McCague, who has been serving as an advisor to JAXPORT’s CEO and finance group, will assume responsibility for the port’s budget and accounting…

U.S. Coast Guard Honors Foss Exec Johnson

Apr 20, 2018

The U.S. Coast Guard awarded Grant Johnson, Foss Maritime's Vice President for Health, Safety, Quality and Environment (HSQE), with a Meritorious Public Service Award in recognition of his achievements as a member and Vice Chair of the National Offshore Safety Advisory Committee…

Krishnapatnam Port Container Throughput Rises

Apr 20, 2018

Krishnapatnam Port Company Limited (KPCL), the largest deepwater port on the east coast of India, announced that it has handled 45 Million Metric Ton (MMT) of cargo in 2017-18 (FY18) thus, achieving a 25 percent growth over 36.10 MMT handled in the previous fiscal…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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