Danish shipping and offshore energy conglomerate Maersk Group reported its profit at US$ 224 million for the first quarter of 2016, a drop of 86 percent compared to $ 1.6 billion seen in the same period a year earlier. Hit by low oil prices and freight rates…
On August 1, 2016, Ulf Hahnemann, current Vice President for Strategic Programs at Mars Inc. will join Maersk Line as Chief Human Resources Officer (CHRO) and be part of the management board of Maersk Line. Maersk Line’s current Chief Human Resources Officer…
Jennifer Boykin, vice president of engineering and design for Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, has received the 2016 YWCA Women of Distinction Award. “We are thrilled to celebrate Jennifer and her accomplishments in the STEM and engineering fields…
The members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders during AWO's Spring Convention held recently in Washington, D.C. James F…
South Korea’s largest container operator by capacity Hanjin Shipping's creditors are expected to approve a corporate rehabilitation program for the struggling container line, local media reports suggest. Creditor banks of cash-strapped…
The 42nd Conference of the Comité Maritime International (CMI), hosted by The Maritime Law Association of the United States (MLA), will take place in New York between May 3-6 at the New York Hilton. This is the first time since 1965 that the CMI has held it’s a conference in New York…
Caroline Johnson has joined the Cruise Lines International Association (CLIA) as Senior Vice President, Membership Operations. Johnson will be responsible for leading membership strategy, planning and business operations in North America. Johnson…
Mercury Marine announced that Marty Bass has been appointed President - EMEA Mercury Marine, effective immediately.Bass, who previously was vice president of Mercury's product category management group based at Mercury headquarters in Fond du Lac…
Diamond Offshore Drilling, Inc. has appointed Kelly Youngblood as Senior Vice President and Chief Financial Officer, to be effective May 3, 2016. Youngblood succeeds Gary T. Krenek, who is retiring after 33 years of service to the Company and its predecessors…
Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas. This expansion, under the name of Damen North America, meets the increasing demand for Damen’s shipbuilding concepts and repair and conversion services…
Coast Guard Cutter Steadfast and the Mexican navy conducted a joint operation to save three stranded fishermen from their sinking vessel, the Wendy II, 40 miles off the coast of Huatulco, Mexico Tuesday.While on a routine patrol, Steadfast…
Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is 'on target' to lay off a total of 8000 workers by the end of 2016, up from a previously stated goal. Chevron reported a net loss of $725 million…
On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager, held a ground breaking ceremony for a new multimillion dollar…
Port of Palm Beach Executive Director Manuel Almira was inducted into the Florida Custom Brokers & Forwarders Association Hall of Fame. Almira was recognized and awarded the distinction during the organization’s 57th Annual Gala in Miami, Fla…
Kawasaki Kisen Kaisha, Ltd. (“K” Line) reviewed its medium-term management plan, which was formulated in March 2015 as the business strategy toward our 100th anniversary in 2019, in response to the structural changes afoot in the business environment…
