People & Company News

 

Aumann Named CEO of Oman Drydock

Jul 11, 2017

Stephan Aumann has been appointed by ASYAD (formerly Oman Global Logistic Group) board of directors as the new CEO of the Oman Drydock Company S.A.O.C. in Duqm/Oman.Aumann assumed the role June 15 and replaced the former CEO Jin Han Lee (DSME)…

Rucker Named President of Tideworks

Jul 11, 2017

Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank…

Camenzuli Named to Federal Coast Guard Committee

Jul 11, 2017

SUNY Maritime College physician assistant Danielle Camenzuli has been appointed by the Secretary of the Department of Homeland Security to the U.S. Coast Guard’s Merchant Mariner Medical Advisory Committee.  The committee is responsible…

A Full Agenda for the International Container Trades

Jul 11, 2017

The past couple of months have been chock-a-block full of maritime activity in the international container trades.  As the Big-3 Japanese Lines remain still on track to spin-off their container business units into a single standalone container carrier company…

BOURBON to Support World's First Autonomous OSV Project

Jul 11, 2017

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in collaboration with the project’s primary technology partner…

Jeremy Nixon is CEO of ONE Ocean Network

Jul 10, 2017

The management of the new company,  Ocean Network Express Holdings (ONE) -  the joint venture between three Japanese shipowning societies Kawasaki Kisen Kaisha ('K' Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) was unveiled…

TUI Sheds Its Stake in Hapag-Lloyd to Focus on Tourism

Jul 10, 2017

Europe's largest tourism group TUI Group said on Monday it had sold its stake in container shipper Hapag-Lloyd, bringing to a close plans for the sale of non-core businesses in order to focus on its tourism operations. TUI Group has been…

ABP Humber and RBT Join ABTO Membership

Jul 10, 2017

ABP Humber has joined the Association of Bulk Terminal Operators (ABTO) as a full member, in what marks a significant milestone for the newly formed trade association.Associated British Ports’ terminals in Hull, Grimsby, Goole and Immingham…

Hunting Appoints Granberg as Development Manager

Jul 10, 2017

Hunting Energy Services has appointed a new business development manager for Norway as it targets further growth in the Scandinavian oil and gas sector.  The company has appointed Ståle Granberg who will oversee the business development…

Chartco Appoints Gieskes as Chairman

Jul 10, 2017

Global supplier of maritime digital data and compliance services, ChartCo, has announced the appointment of Hans Gieskes as Chairman.In addition to chairing a range of companies, including the successful AXIO Data Group, Mr Gieskes has been…

COSCO to Buy OOCL for USD 6.3 bln

Jul 09, 2017

Chinese Shipping Major Cosco Group has agreed in principle to buy its shipping rival and  Hong Kong’s No. 1 box mover, Orient Overseas Container Line (OOCL), in deal that could be valued around USD 6.3 billion. The takeover will catapult…

Alexandria is Bahri’s New Direct Port Call in Egypt

Jul 09, 2017

Bahri Logistics, one of the top 10 breakbulk carriers in the world and one of the six business units within Bahri, has added Alexandria to its portfolio of ports in Egypt.  The addition of Alexandria will enable Bahri to offer breakbulk…

NIMASA Executive Director, 23 Others Bags NSE Fellowship

Jul 07, 2017

The Executive Director in charge of Operations in the Nigerian Maritime Administration and Safety Agency (NIMASA), Engineer Rotimi Fashakin has been conferred with the Fellowship of the Nigerian Society of Engineers (FNSE), the umbrella body of the Engineering profession in Nigeria…

Stephen Joins Ashtead Technology

Jul 07, 2017

Subsea equipment specialist Ashtead Technology has appointed Scott Stephen as its new Non-Destructive Testing (NDT) sales manager. Based at the company’s headquarters in Aberdeen, Stephen will be responsible for business development and general sales and rental of NDT equipment and accessories…

Yildirim to Sell its Stake in CMA CGM

Jul 06, 2017

Turkish port operator Yildirim Holdings AS has announced plans to sell its 24 percent stake in the French shipping major CMA CGM, Bloomberg reported. The company mandated China Citic Bank Corp. to find investors from Asia or the Persian…

Logistics News

Shipping Costs Spike Amidst Iran War Anxiety

Shipping Costs Spike Amidst Iran War Anxiety

Ammonia-Fueled Vessel Delivered to EXMAR

Ammonia-Fueled Vessel Delivered to EXMAR

China Oil Imports Collapse; Down 29%

China Oil Imports Collapse; Down 29%

Western Africa Import of Clean Petroleum Crashes 44% YOY

Western Africa Import of Clean Petroleum Crashes 44% YOY

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US Energy regulator approves PJM’s rapid-tracked plan for power plant interconnection
Wall Street indexes drop 1% due to tech and Iran War worries
There are some flights to the Middle East that have resumed but there is still disruption.