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…
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…
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 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 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…
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 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 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…
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…
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 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…
Jaime L. Lee, the newest Los Angeles Harbor Commissioner, has been elected president of the Los Angeles Harbor Commission. Lee was appointed by Los Angeles Mayor Eric Garcetti and confirmed by the Los Angeles City Council last week. “I’m humbled…
French container shipping company CMA CGM said on Friday it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market.CMA CGM said that as part of this process, it would subscribe to a 380-450…
Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”)…
Soya bean trade lanes may change due to the ongoing trade war. The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.Soya bean…
