Lenders to Eagle Bulk Shipping Inc gave it a few more days to negotiate a deal to boost its liquidity and avoid default. The supramax specialist Eagle Bulk has extended its forbearance and standstill agreement with its creditors by a further…
Seafarers International House will hold its 16th annual awards banquet from 6-10 p.m. on April 21 at the New York Athletic Club. The banquet will honor Marshall Ainley, president of Marine Engineers’ Beneficial Association (MEBA); Ian Blackley…
SAAM’s Ordinary Board Meeting appointed Macario Valdés Raczynski as new General Manager of the company, a position that he will take on as from March 16. Valdés holds a degree in commercial engineer from Pontificia Universidad Católica de Chile and an MBA from University of Berkeley…
Bernhard Schulte Shipmanagement (BSM) and the University of Nicosia have signed a cooperation agreement granting the University’s Maritime Academy full access to BSM’s state-of-the-art Maritime Training Center, located at the Limassol Marina…
As a part of its global restructure, Tranas has announced that Andrew Ward has joined the team as the Vice President of Sales, Asia Pacific. Ward succeeds Johan Gustavsson, who moves into the newly created role of a Vice President Global Customer Support…
Safebridge, a provider of web-based e-learning products for the maritime industry, providing online, onboard and classroom training for nautical officers and captains, hosted the Port State Control of Germany in January 2016 offering a customized…
ISP (International Safety Products), whose global portfolio of marine safety products and services covers commercial, leisure and military markets, have announced the appointment of James Tinkler as Head of Sales. Tinkler, who was formerly…
Delta 'T' Systems has named industry veteran Tony Matherly as its production manager, company president Lynn Oien announced. Matherly has worked within the marine industry for 25 years, most recently at Rybovich. Always in the systems end of ship and yacht building…
Current Executive Vice President Koichi Fujiwara has been appointed as Chairman and President as well as a Representative Director of classification society ClassNK, effective March 7, 2016. Current Executive Vice Presidents Yasushi Nakamura…
Mumbai-based ship management company MMS Maritime India (MMSI) announced that its crew workforce has grown by a quarter in the last year. MMSI said its total crew staff is now 300 with at least 50 new officers and 26 ratings, joining the team…
Orient Overseas (International) Ltd recorded an almost 5% increase in profit for the full year 2015, despite the weakness in the container shipping market, thanks in part to yield and cost management efforts. Though the year started well for the Hong Kong corporate…
DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai. The project comes in response to an increased demand for luxury yachts. Tenders for construction will be invited soon. The first phase of the project is scheduled to open by 2018…
Hawaii charities received $1.2 million, Pacific Islands $500,000 mainland $400,000 Funded by the businesses of container shipper Matson, Inc., the Matson Foundation last year provided more than $2 million in cash and in-kind donations to…
Commodities trader Cargill has appointed a new head of its shipping business, weeks after announcing it would close its London freight unit amid a worsening global seaborne market. The dry bulk sector, which transports commodities such as coal and grain…
As of March 4, 2016, A/S Dan-Bunkering Ltd.’s Copenhagen office changed location. The company said it has moved into new and modern facilities in another part of Copenhagen, Hellerup, where several other Danish companies within the shipping industry also reside.
