People & Company News

 

Vartdal Wins WISTA LeaderShip Award

May 24, 2017

Birgitte Ringstad Vartdal, CEO of Golden Ocean, has been awarded the WISTA LeaderShip Award 2017 by WISTA Norway as recognition of her contribution to the maritime industry, her competency and leadership skills within the traditionally male dominated role of CEO…

AEU’s Martone and LeVeque Appointed to LCA Board

May 23, 2017

The American Equity Underwriters, Inc., a provider of workers’ compensation insurance for maritime employers, announced that two employees – John A. “Jack” Martone and Ryan LeVeque – have been named to the board of directors of the Longshore Claims Association…

Gulf Bidders Emerge for UASC-linked Shipping Unit

May 23, 2017

Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…

OSC Launches VLCC Chartering Business

May 23, 2017

Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…

Mercy Ships President Receives Honorary Doctorate

May 22, 2017

Honored for his nearly 40 years of service after founding a global charity which operates the world’s largest private hospital ship, Mercy Ships founder and president Don Stephens received an honorary Doctor of Divinity degree at Gordon College Saturday at the institution’s commencement ceremony…

CMA CGM Expands India/Middle East/Africa Service

May 22, 2017

Shipping group CMA CGM will launch on May 23, 2017 a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. Betting on the economic dynamism of both India and the countries of Africa, CMA…

Shipbuilders Council Names McCreary Chairman

May 22, 2017

Shipbuilders Council of America  names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter  At its annual spring meeting in Washington, D.C. this week, the Shipbuilders Council of America (SCA), the national trade association representing the U…

Jinhui Shipping Sees Bumpy Road to Recovery

May 22, 2017

Oslo-listed dry bulker Jinhui Shipping sees a bumpy road ahead despite signs of a recovery in the dry bulk market. The road to recovery will be challenging and the market will remain volatile, vice president Raymond Ching told the Q1 conference call on Monday…

Gulf Navigation Sails to Profit

May 21, 2017

Dubai-based shipping company Gulf Navigation Holding  has reported a 39% growth in net profit at the end of the first quarter of 2017 compared to the same period in 2016.  The result came at a stage while the company is witnessing a significant improvement in its performance…

Columbia Shipmanagement Receives DNV GL Certification

May 19, 2017

DNV GL has confirmed that Columbia Shipmanagement complies with the highest standards in energy and safety management. Torsten Schramm, President at DNV GL – Maritime, recently presented the ISO certification for the standards ISO 50001:2011 and OHSAS 18001:2007 to Carsten Sommerhage…

CMA CGM Posts Higher Q1 Profits

May 19, 2017

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump. The…

Baltic Exchange Names Sykes Chief Commercial Officer

May 18, 2017

The Baltic Exchange has appointed a new chief commercial officer; Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on July 3. Sykes worked at Clarksons Platou between…

Hapag-UASC Tie-up Nears Completion

May 18, 2017

German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters.The deal to create the world's fifth-biggest shipping company…

MXB Begins Physical Operations in Mumbai

May 18, 2017

Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is…

WSS to Trial Drone Deliveries to Ships

May 18, 2017

Marking a shift in how ship agents can support customers, Wilhelmsen Ships Service (WSS) said it will soon begin delivering its agency essentials via drone.A much talked about technology, with obvious applications for the shipping industry…

Logistics News

Oil Supply to Outpace Demand in Medium-Term

Oil Supply to Outpace Demand in Medium-Term

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

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