Classification society the Korean Register (KR) has elected Lee Jeong-kie as its new Chairman and CEO. Lee assumes the role of Chairman and CEO, following the death of B. S. Park, who passed away after a short illness in October 2016. Lee has worked for KR for 29 years…
Descartes Systems Group, a leader in uniting logistics-intensive businesses in commerce via the Global Logistics Network (GLN), announced that it has acquired Datamyne, a provider of cloud-based trade data content solutions for customers to analyze import and export trade activity…
Hector Rail and Samskip have agreed to develop their partnership on Sweden and the continent further. As of the 1st of January six round trips per week between Helsingborg in Sweden and Duisburg in the Ruhr area in Germany, via Copenhagen in Denmark…
Matson, Inc. ('Matson') announced the issuance of $75 million in privately placed 11-year final maturity senior unsecured notes (the 'Notes') pursuant to a previously announced commitment letter dated October 27, 2016. The Notes will have…
Marine security, tracking, monitoring and video surveillance systems company GOST (Global Ocean Security Technologies) has promoted Rob Yoder to Director of Research & Development. Yoder has served the company for over four years in the…
Ship Finance International Limited (SFL) has appointed Gary S. Vogel to its Board of Directors. Vogel currently serves as Chief Executive Officer and Director of Eagle Bulk Shipping Inc., a U.S listed owner and operator of geared dry bulk vessels…
A new niche bank for the shipping and offshore sector opened its doors for business on December 20, 2016. Serving the global maritime markets from its main office in Oslo, Maritime & Merchant Bank ASA (M&M) will provide secured lending in the form of first priority terms loans…
International law firm Hill Dickinson has reached an agreement that will bring the shipping practice of Swinnerton Moore LLP to the firm. The agreement is expected to be finalized by the end of February and will see founding partners Tony…
South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ. Hanjin, which for bankruptcy protection in August…
The Florida-Caribbean Cruise Association (FCCA) announced the appointment of the new FCCA Operations Committee Chairman, Carlos Torres de Navarra, vice president of strategic and commercial port development, Carnival Cruise Line, effective January 1…
Moody's downgraded A.P. Moller-Maersk's credit rating on Tuesday, piling pressure on the world's biggest container shipper as it juggles a major restructuring with a multi-billion dollar acquisition of a German rival. Moody's said the downgrade…
Wilhelmsen Ships Service announced that Michael Chen has accepted the role as General Manager for Wilhelmsen Huayang Ships Services China (WHSS). Based in Shanghai, Chen takes up the role immediately, replacing Captain Bi Yuping, who leaves the company after a decade…
Corporate governance has been a topical subject in the commercial world for many years. Now the association world is catching up. One that has seized it with enthusiasm is the International Marine Contractors Association (IMCA) with the result…
This morning CMA announced that Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers, has been named as the CMA Commodore for the year 2017. Noonan joins a presigious list of previous award winners, including Ole Skaarup, Jacob Stolt-Nielsen, George Livanos…
Conrad Shipyard’s Johnny Kinkle has retired in December after 51-years in shipbuilding. Kinkle went to work for Conrad on December 2, 1969, and for five decades his reply to any request was, “No problem, babe. Whatever the customer wants…
