Cosco Shipping International said its net profit rose 42% in the first half of 2017, thanks to higher net exchange gains and net finance income. In the first half of 2017, the global economy saw an upward trend in growth with improving market confidence…
Speedcast International Limited, the provider of remote communication and IT solutions, and Danaos Peripherals announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos…
Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, Fujairah Terminals at the Port of Fujairah, and Khalifa Industrial Zone Abu Dhabi (KIZAD), celebrates Emirati Women’s Day…
The Board of Directors of Petroleum Geo-Services ASA (PGS) has appointed Rune Olav Pedersen (47) as the new President & CEO of the Company. He will succeed Jon Erik Reinhardsen on 1 September 2017. 'The Board has run a thorough succession process since early spring…
Capital Product Partners, an international diversified shipping company, announced that it has secured new time charter employment for three Medium Range (MR) Product Tankers. The M/T 'Amadeus' (50,108 dwt, IMO II/III Eco Chemical/Product Tanker built 2015…
A German ship management company and corporate vessel owner have been indicted for falsification of pollution records The U.S. Justice Department announced a federal grand jury in Portland, Maine, returned a nine-count indictment today charging…
APM Terminals Pier 400 Los Angeles hosted U.S. Secretary of Labor R. Alexander Acosta today, as he toured the world’s largest proprietary container terminal, and met with leadership officials of the International Longshoremen and Warehouse Union…
Following its move to acquire MERCOSUL from Maersk Line, the CMA CGM group has furthered its development strategy in South America by reshuffling its container shipping services between the East Coast of South America and Europe with North of Europe and the Mediterranean…
Danos has promoted Clay Carter as coatings operations manager, a position with responsibility for all day-to-day activities of the company’s coatings service line. The appointment follows Carter’s tenure as acting coatings operations manager since 2016…
Hong Kong-based container shipping company OOCL said it has made progress in its pursuit of higher standards and transparency in Greenhouse Gas (GHG) reporting. According to classification society Lloyd’s Register, OOCL has not only met…
Thirty-year marine industry veteran John R. Hotz has accepted the position as the Assistant Director at the National Maritime Law Enforcement Academy (NMLEA), which together with its International Maritime Law Enforcement Academy (IMLEA) provides education…
King Abdullah Port announced the increase of its throughput to 821,694 TEU in the first half of 2017, representing an increase of around 14% compared to the same time last year, where the throughput was 720,483 TEU. The port also announced…
Abu Dhabi is marking a new milestone, as the first three Emirati women graduate as masters (Captain) of 24-Meters vessels from the Maritime Training Centre at Abu Dhabi Ports. Abu Dhabi Ports is the master developer, operator and manager of…
Grindrod, the South Africa-listed freight logistics and shipping services firm, is planning to separate and list its shipping business in order to unlock its value, the company said on Wednesday. Grindrod, which also has a financial services business…
FairfieldNodal is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the U.K.FairfieldNodal continues to seek opportunities to strengthen and expand its technology portfolio…
