USTC has acquired 60% of CM Biomass, the world’s largest independent wood pellet trading company, a move designed to consolidate USTC as a global force in shipping and trade. USTC, which has a long history within commodity trade, shipping, and logistics…
2020 presented a monumental challenge for many industries and workers, particularly seafarers, as COVID-19 effectively left hundreds of thousands of seafarers stranded at sea, unable to disembark and partake in crew changes due to onerous restrictions by the majority of port states…
U.K.-based Windship Technology said its board of directors has confirmed the appointment of Graham Harvey as chief executive officer. Harvey's remit will be to convert the progress that has been made in the overall Windship Technology auxiliary wind power system and to commercialize the proposition…
Rick Hall, CEO of SOFEC, a company providing mooring systems for the international offshore oil and gas industry, has decided to retire.According to SOFEC, a subsidiary of Japan's FPSO specialist MODEC, Hall, who has been with SOFEC for almost three decades…
The U.S. Senate on Wednesday voted unanimously to confirm veteran government trade lawyer Katherine Tai as the first woman of color to serve as U.S. Trade Representative, putting her to work enforcing trade deals, confronting China’s trade practices and patching up ties with U…
Oslo-listed LNG tanker operator Awilco LNG has appointed Per Heiberg as its CFO. Heiberg will assume his new position on April 6, 2021.The news follows the announcement from October 2020, when CFO Øyvind Ryssdal gave his notice of resignation…
U.S.-based ballast water treatment sysems manufacturer Ecochlor has appointed Zen Hong Oh as Regional Service Manager for Southeast Asia.Oh has more than 11 years of involvement in the maritime industry both in shipbuilding and in project management of vessel repairs and retrofits…
GAC has opened a new office in Shenzhen, China. Having its own Non-Vessel Operating Common Carrier (NVOCC) license and Ship Agency license, GAC (Shenzhen) Ltd will handle the croup’s shipping and logistics operations in South China.GAC Shenzhen’s…
Alter Logistics Company announced that Paul Ferguson has joined the company as Senior Vice President.“Paul’s responsibilities will include expansion projects at Alter’s St. Paul, Minnesota Terminal as well as new growth development opportunities for the company…
Galveston, Texas-based Callan Marine has launched a new Marine Construction Division to provide turnkey marine, civil and specialty construction services along the U.S. Gulf Coast.The Marine Construction Division has the capability to complete projects requiring 110- to 300-ton crane barges…
Norwegian/Swedish shipping company Wallenius Wilhelmsen announced its CEO, Craig Jasienski, has stepped down from his role and left the company effective March 8.The car carrier operator said its current CFO, Torbjørn Wist, will assume the role…
Mahindra Logistics Limited (MLL), a provider of logistics and people transport services, announced the appointment of Dr. Anish Shah as the chairman of the board, effective April 2. Dr. Shah will join the company's board of directors on the same date…
Training Institute launches reseller campaign to help get more seafarers quality STCW training.Rood Boven Groen (RB) launched its reseller campaign to help get more seafarers quality STCW training. The announcement comes as many merchant ships are still sailing…
Minnesota Governor Tim Walz this week reappointed Yvonne Prettner Solon to a third term on the Duluth Seaway Port Authority Board of Commissioners.Prettner Solon served previously on the board as a Duluth City Council appointee from 1990-1994…
Royal IHC and Royal Doeksen reached an agreement on the acquisition of all shares in Vuyk Engineering Rotterdam, a continuation of IHC's plan hatched in mid-2020 to return its core business and divest itself of pieces that did not fit. The decision was taken that Vuyk…
