People & Company News

 

ADELTE Strengthens Its International Presence

Aug 23, 2017

Port cities like Miami or Barcelona are global benchmarks for cruise ship traffic. Their infrastructures must ensure efficient, incident-free travel for passengers and, of course, impeccable safety standards and quality of service. This year…

Maersk to Face Price War

Aug 22, 2017

A.P. Moller-Maersk's main sea freight business faces the threat of a new price war in a consolidating industry, though the company has been fortified by the $7.5 billion sale of its oil and gas business to France's Total Reuters reported. Maersk…

CMA CGM Invests in NYSHEX Market

Aug 22, 2017

CMA CGM, a world leader in container shipping, is pleased to announce its participation in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made alongside Hapag Lloyd…

Window Joins SIMWAVE as Navigation Manager

Aug 22, 2017

As of August 2017 Steve Window has joined SIMWAVE, the maritime simulation center in Rotterdam, the Netherlands. As the Manager for Navigation, Window will be responsible for overseeing all training and assessments on the various full mission bridge simulators that will be installed at the 5…

Qatar Shipper Milaha Starts Turkey Service amid Crisis

Aug 22, 2017

Qatar Navigation (Milaha), the Doha-based maritime and logistics group, has launched a direct shipping service between Qatar and Turkey amid a regional diplomatic crisis that has cut Doha cut off from three of its closest neighbours. Saudi Arabia…

MOL Breached South Korean Antitrust Law

Aug 21, 2017

The Fair Trade Commission of South Korea (KFTC) announced on August 21, 2017 that several companies including MOL have breached South Korean antitrust law with respect to car carrier services. 'MOL and other shipping companies have been…

NAMEPA to Honor Founding Chairman Maitland

Aug 21, 2017

The North American Marine Environment Protection Association (NAMEPA) announced that Clay Maitland will receive the organization’s Lifetime Achievement Award at an awards dinner in New York on October 26. Maitland, who is a Managing Partner of International Registries…

Diana Reactivates Idle Containership

Aug 21, 2017

Diana Containerships Inc. said plans to reactivate one of its idle Panamax container vessels, the m/v Pamina, a 5,042 TEU container vessel built in 2005.The company also announced that, through a separate wholly-owned subsidiary, it has entered…

German Ship Agent Wins FONASBA Award

Aug 21, 2017

The FONASBA Young Ship Agent or Broker Award 2017, co-sponsored by International Transport Intermediaries Club (ITIC), has been awarded to Niklas Soltow of SCA Logistics GmbH of Kiel, Germany. Katy Aldrick of Seaforth (Kenya) Ltd also received…

Bahri Completes Registration Of ASLAF Under Saudi National Flag

Aug 20, 2017

National Shipping Company of Saudi Arabia  Bahri announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated by Bahri…

NORDEN Expands Tanker Fleet

Aug 17, 2017

NORDEN is in the process of increasing its tanker exposure. The purpose is to take advantage of the business opportunities provided by the fluctuations of the cyclical market, said a communicaion from the company. ”During the strong tanker…

Crooks Joins Superior Industries

Aug 17, 2017

Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, has named Mark Crooks as its vibratory product manager. Crooks’ responsibilities will include managing and further developing Superior’s vibratory product line…

Buzby Sworn in as Maritime Administrator

Aug 16, 2017

Rear Adm. Mark H. Buzby, USN, Ret. has been sworn in as the Administrator of the Maritime Administration by U.S Secretary of Transportation Elaine L. Chao. As Maritime Administrator, Buzby will lead the agency tasked with promoting the use…

KBA Europe, Batok Offshore Partner in West Africa

Aug 16, 2017

KB Associates Europe Limited KBA(E) has announced a new partnership with the local representative – Batok Offshore and Oil Services Nigeria Limited for the arrangement of KBA(E)’s specialist training courses in country; such as Client Worksite Representative…

New Sales Manager with Dan-Bunkering in Middelfart

Aug 15, 2017

A/S Dan-Bunkering Ltd. has announced that Mikkel Søholm Vestergaard took up the position as Sales Manager in the head office in Middelfart after having been relocated to Houston for a period of two years as the Managing Director of the offices in North America…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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Middle East flights suspended by airlines
Tanjug Agency reports that the US has postponed sanctions against Serbian NIS Oil Company for a fourth time.
Heathrow Airport in the UK increases revenue forecast by nearly $5 billion due to a rebound in travel demand