South Korean yard giant Daewoo Shipbuilding and Marine Engineering (DSME) ended the third quarter of this year with a profit of KRW 45.7 billion (USD 41 million), compared to a net loss of KRW 284 billion posted a year earlier, Yonhap said…
The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…
Dachser USA Air & Sea Logistics announces the relocation and expansion of its Dallas, Texas office. The Dallas office originally opened in October of 2011, and has experienced strong growth over the last few years due to increased demand…
SpotSee, a leader in shock and vibration monitoring through low-cost connectivity and data, and parent to established brands such as ShockWatch, ShockLog and OpsWatch, announced that it has appointed Jill Malone as the company’s marketing director…
MarTID – the Maritime Training Insights Database -- a historic initiative to study global maritime training practices -- launches today.There is broad agreement that as much as 80% of maritime accidents involve human factors causes. As such…
Oman Ship Management Company (OSMC) has staged a conference in India enabling seafarers to share best practices and expand industry knowledge.It comes as OSMC figures reveal growth in its managed fleet expanding from 27 to 38 in last two years…
Family-owned Craig Group, of Aberdeen, has sold its core North Star Shipping business to international investors Basalt Infrastructure Partners in a move described as “restructuring for a new era”. 'North Star Shipping has been acquired by Basalt Infrastructure Partners…
DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company's 2020 annual shareholders meeting. In connection with Reedy's appointment, the company's board has increased to six directors…
Sean S. Fitzgerald has been named Chief Executive Officer of Maersk Container Industry (MCI), effective January 1, 2018. MCI develops and manufactures refrigerated containers, dry containers and the Star Cool refrigeration machine for the global intermodal industry and is part of A…
For the third consecutive year, CMA CGM received the 'Gold Recognition Level' by Ecovadis, the first collaborative platform providing Supplier Sustainability Ratings for global supply chains. The Ecovadis’ report underline's the CMA CGM Group's performance in environmental compliance…
Patriot Contract Services, LLC (PCS) is celebrating the 20th anniversary of its operations as a completely U.S.-owned ship management company. During the past 20 years PCS and its affiliate American Ship Management, LLC have provided ship…
Aegean Bunkering Pte Ltd will halt physical supply operations in Singapore by January, the company said, becoming the fourth such firm to exit the world’s largest marine refuelling hub after it adopted tougher bunkering procedures this year…
Crowley Maritime Corporation announced it will begin offering weekly, fixed-day, full and less-than-container-load (LCL) shipping and logistics services between Wilmington, N.C., Guatemala and Honduras, effective with the northbound sailings on Tuesday…
Ocean Signal has appointed Kris Nieuwenhuis as its new global Commercial Sales Manager.An experienced technical sales manager in the maritime industry with a strong background in AIS and marine safety, Nieuwenhuis will focus on launching upcoming Ocean Signal productsto the commercial sector…
V.Group announced Bob Bishop has been appointed chairman of Selandia Ship Management in addition to his current role in business development of the Group. The acquisition of Selandia Ship Management in 2016 provided V.Group a unique opportunity…
