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Nordic American Appoints New CFO

Sep 01, 2017

Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO).  He is expected to join us later this year and as early as possible. Giaever joins NAT/NAO from the well…

Columbia, Marlow Receive Regulatory Approval for Merger

Sep 01, 2017

Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger brings together two of the shipping industry’s privately owned shipmanagement companies…

China Merchants Port's 1H Profit Soars 86%

Aug 31, 2017

Hong Kong-Listed China Merchants Port Holdings reported an 86% surge in first-half net profit, thanks to a one-off gain and higher volume handled by the company's ports. Net profit attributable to shareholders rose to HK$3.15 billion ($402…

Coast Guard Foundation: Harvey Relief

Aug 31, 2017

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, has activated its Disaster Relief and Response Fund to assist Coast Guard Members impacted by Hurricane Harvey…

‘Lunch-and-Learn’ Planned for Fleet Optimization Conference

Aug 31, 2017

The organizers of SHIPPINGInsight 2017 say a Lunch-and-Learn program will be held during the annual Fleet Optimization Conference & Exhibition, to be held October 10-12, at the Stamford Marriott Hotel & Spa in Stamford, Conn. The Lunch-and-Learn event on Wednesday…

PBES Hires Christensen to Develop Mediterranean Markets

Aug 31, 2017

Plan B Energy Storage (PBES) has announced Sven Thy Christensen has joined the firm to develop marine and power markets in the Mediterranean region. Christensen brings decades of experience of green solutions for ship efficiency, emissions reduction…

Bekkenes Steps Down from Palfinger President Post

Aug 31, 2017

Styrk Bekkenes, President of Palfinger Marine, has stepped down from his position. “With the strengths that lie within the company, both in terms of personnel and products, Palfinger Marine is very well positioned to be the preferred supplier of cranes…

SCF's Balancing Act in Tanker Market

Aug 30, 2017

Despite the turbulent conditions seen in conventional markets, SCF Group has continued to demonstrate resilience whilst remaining able to position itself to take advantage of the future upswing in these markets when it comes. The first…

Cernak Elected Chairman of Florida Ports Council

Aug 30, 2017

Port Everglades Chief Executive/Port Director Steven Cernak will succeed Port Tampa Bay Director Paul Anderson as chairman of the Florida Ports Council, a professional association of Florida’s public seaports, providing advocacy, leadership…

Blanchard Named President of Association of Pacific Ports

Aug 30, 2017

The Port of Stockton Commissioner Dr. Elizabeth “Liz” Blanchard has been named President of the trade association Association of Pacific Ports (APP) for 2017-2018. The appointment was announced at the recent 104th Annual Conference of the APP held in American Samoa…

Bahri Ship Management Complies with EU MRV

Aug 30, 2017

Bahri Ship Management, one of the six business units within transportation and logistics company Bahri, said it is in compliance with the submission of EU MRV (Monitoring, Reporting, Verification) plans for the full fleet, ahead of the deadline…

Rickmers Maritime Wound Up

Aug 29, 2017

Rickmers Trust Management, a trustee-manager of Rickmers Maritime, informed that the trust has been wound up. The units of the trust and its notes shall cease to exist, said its trustee-manager in a Singapore Exchange (SGX) filing.  The trust has made final distributions to unsecured creditors…

Cosco Shipping H1 Net Profit Up 42%

Aug 28, 2017

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, Danaos Partner on Maritime Digitalization

Aug 28, 2017

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 Celebrates Emirati Women’s Day

Aug 28, 2017

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…

Logistics News

Exmar Launches FSRU Conversion Work for Dutch LNG Terminal

Exmar Launches FSRU Conversion Work for Dutch LNG Terminal

Report: Over 20 Commercial Ships Transit Hormuz

Report: Over 20 Commercial Ships Transit Hormuz

CMA CGM Acquires Fattal Group

CMA CGM Acquires Fattal Group

Democratic Republic of Congo Copper Exports Fall 15%, Cobalt Rebounds

Democratic Republic of Congo Copper Exports Fall 15%, Cobalt Rebounds

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