Mercy Ships Cargo Day is being held for the second year, and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. The participants can either donate part of their commission this day or choose a sum of money they want to donate…
Geneva-headquartered energy and commodities trader Vitol has signed an US$8bn loan refinancing of credit facilities agreed in October 2016, the company announced on Wednesday. The revolving credit facility, which is used for working capital and general corporate purposes…
Pioneer Marine, a leading shipowner and global drybulk handysize transportation service provider enters into cooperation with BaltNav A/S, Copenhagen. The owner of 16 handy size bulk carriers commenced as of October 3rd, a cooperation with the Danish operator BaltNav…
Harley Marine Services is pleased to welcome Sterling Adlakha to its executive team where he will assume the role of Chief Financial Officer. A graduate of the U.S. Coast Guard Academy, Sterling served 10 years in the U.S. Coast Guard. He…
CGG SA announces that all creditor classes entitled to vote on the chapter 11 plan proposed in the chapter 11 cases commenced on 14 June 2017 in the US Bankruptcy Court for the Southern District of New York by CGG SA’s 14 main foreign, direct and indirect subsidiaries…
Following the profound strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the name DONG Energy does not fit the company anymore. Consequently, DONG Energy has today called…
The Interlake Steamship Company has become the first U.S. Great Lakes ship owner to join Green Marine, a voluntary environmental certification program for the maritime industry in North America. As the largest privately held U.S.-flagged fleet on the Great Lakes…
CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade. With operations in the South Pacific region for almost 50 years…
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, met with the President of Mali, Ibrahim Boubacar Keïta, last week to discuss a trade and logistics master plan to unlock the resource rich country’s economic potential. The plan…
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem has met with Senegalese President Macky Sall as part of a tour of West and North Africa to confirm development of infrastructure projects in the country. The discussions, attended…
MacGregor, part of Cargotec, has established a head office in Singapore, bringing to an end a period of more than three years where the company operated with a virtual head office. MacGregor president Michel van Roozendaal and vice president…
Kalmar, part of Cargotec, has received the first order of Gloria reachstacker with K-Motion Technology from Kunming Tianfu Logistics Co. Ltd. in China. The order was booked into Cargotec's 2017 third quarter order intake with delivery scheduled on September 2017…
Hapag-Lloyd AG will now carry out the capital increase that was agreed upon as part of the merger of Hapag-Lloyd and UASC. The gross proceeds are expected to amount to approx. EUR 352 million (approx. USD 414 million). The official merger of the two companies occurred on 24 May 2017…
APM Terminals Gothenburg has signed an agreement with the staffing agency Adecco to hire temporary personnel effective 1 October 2017 to address adhoc extra staffing needs at peak times. “The main work carried out at our container terminal will continue to be performed by our permanent staff…
Seafarers’ House at Port Everglades has announced that Executive Director Lesley Warrick was appointed a trustee of the International Christian Maritime Association (ICMA). Warrick, who also is vice president of the board of the North American Maritime Ministry Association (NAMMA)…
