Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan, Vice Chairman of Bahri, who possesses extensive experience in oil and gas…
The Minister of Shipping in India, Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin, after laying the foundation stone for a INR 970-crore (USD 148 million) International Ship Repair Facility (ISRF) for Cochin Shipyard Limited…
Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year…
Nils Smedegaard Andersen has been appointed Chairman of the Board of Directors of Denmark based feeder and shortsea operator Unifeeder, taking up his first directorship within the logistics and shipping industry after stepping down from his position as Group Chief Executive Officer of A…
Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST). Fincantieri, which holds a 79.34 per cent stake in Vard through a subsidiary Fincantieri Oil & Gas…
Tsakos Energy Navigation Ltd (TEN) has reported the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15-vessel, pre-employed on long-term business, growth program, which increased the size of TEN's fleet by 30 percent over the last 18 months…
Rollie Webb, Senior Vice President at Robert Allan Ltd., was presented with the SS Beaver Medal for Maritime Excellence by the Lt. Governor of B.C. Judith Guichon on behalf of the Maritime Museum of British Columbia in a ceremony held on November 9 in Victoria…
Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers. OSM’s…
The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer. QTerminals was established as a jointly-owned…
One of the world’s biggest shipping companies, China COSCO Shipping Group, has placed an order for 10 large ore carriers from China State Shipbuilding Corporation. COSCO specified the order to include the cylinder lubrication system ‘HJ Lubtronic SIP’ from Hans Jensen Lubricators A/S…
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…
