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…
Chembulk Tankers appointed David Ellis as Chief Executive Officer (CEO), succeeding Jack Noonan who will retire after 10 years of leading the team at Chembulk Tankers. Effective November 1, 2017, Jack will take on the role of CEO Emeritus…
TOTE Maritime is increasing its service offerings and customer support to meet a growing demand for services as part of the ongoing relief and rebuilding efforts in Puerto Rico.TOTE Maritime is adding two barges to its fleet. The first barge…
Seaspan Corporation announced that Bing Chen will be joining the Company as its Chief Executive Officer (CEO), and appointed to the Board of Directors in January, 2018. Gerry Wang will be retiring as CEO and Director of Seaspan effective November 3…
Paying crew members in cash will lead to further challenges of increased incidents of piracy and theft, says global financial payments company ShipMoney. ShipMoney President Stuart Ostrow will address delegates at Crew Connect Global, taking place between in Manila November 6 to 8…
Chinese container carrier Cosco Shipping is thirsty for expansion and will raise CNY 12.9billion (USD 2billion) in new capital, according to Reuters report. The money will go to the construction of 20 new vessels. The carrier will use the raised fund to fund the building of six 21…
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced the expansion and diversification of the Company's commercial activity with the launch of the new subsidiary Star Logistics Management S…
Attica Group has announced that it reached an agreement with Minoan Lines, owned by Naples-based Grimaldi Group, for the acquisition of its 48.53 percent stake in Hellenic Seaways. According to an announcement, the agreement provides for Attica Group to purchase Hellenic Seaways’ shares for 78…
International law firm Watson Farley & Williams (WFW) advised Banca Popolare di Milano S.p.A. (BPM) regarding a US$28.8m loan facility granted to L.G.R. di Navigazione and secured by, inter alia, mortgages over two medium range ice class tankers…
Wallem Ship Management has been appointed to manage Sanasia’s new pure car/truck carrier (PCTC )vessel, currently under construction and to be delivered next year.Wallem said it was first choice for Sanasia thanks to a relationship which goes…
Nordic American Tankers Limited (NAT) has announce that it has signed the main terms with a major international financial institution for the financing of the outstanding commitments, due on delivery, for the three Suezmax newbuildings to be delivered during the latter part of 2018…
DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with gross container volumes growing by 10.0% year-on-year on a reported basis and 9…
Diversified Port Holdings (DPH)/Patriot Rail, parent company to Seaonus and Portus, announced the promotion of Scott MacGregor to Vice President of Operations. He will have the primary responsibility of overseeing all DPH port operations in Florida…
Suez Canal revenues fell 2.2% month-on-month in September 2017, according to official data. Revenues amounted to $459.8 million in September 2017, versus $470.6 million in August 2017, the data showed. However, Suez Canal Authority (SCA)'s revenues raised by 3…