Maersk Line, the world's largest container shipping company, said on Wednesday it will slash costs, cut staff by almost a fifth and pull out of vessel orders as trade along the busiest routes in the world, from Asia to Europe, slows down. The business…
Rickmers Group will migrate to multiband VSAT (Very Small Aperture Terminal) from Marlink Maritime VSAT for its fleet of 90+ vessels including containerships, bulk carriers and heavy lift vessels, in a move that aims to improve operational…
Intelsat S.A., a provider of satellite services, and SKY Perfect JSAT Corporation has announced that the two companies have signed a definitive agreement to form a joint venture that will launch a new satellite with optimized C-band and high…
GMS is proud to announce that Ms. Jasvinder Virdi has joined the company to further develop its growth within the industry.Jasvinder comes with a wealth of determination and enthusiasm, as well as experience of working within the shipping industry…
BMT JFA Consultants, together with sister company BMT Oceanica, subsidiaries of BMT Group (BMT), have announced that the Western Australian Department of Transport (DoT) has taken up the Contract option to extend its current contract for a further two years…
The Renewables Consulting Group (RCG) announced the addition of Dan Pearson as a Director and head of the firm’s private equity and financial services practice. In his new role, Pearson will advise developers, technology companies, private equity…
Royal Dutch Shell plc announced the appointment of Maarten Wetselaar Integrated Gas Director with effect from January 1, 2016. Integrated Gas in Shell has grown into a business that generated $11 billion of cash flow per year average over the last three years…
A ship management company has pleaded guilty and was sentenced October 27, 2015 for deliberately concealing pollution discharges from the ship directly into the sea and for falsifying its oil record book, announced U.S. Attorney Kenneth Magidson along with Rear Admiral David R…
Inchcape Shipping Services (ISS), the marine, cargo and supply chain solutions provider, said it is continuing its expansion program in the Black Sea region with the opening of a new office in Ukraine.Situated in Odessa, this new base is…
The German lender Commerzbank is making money in tough market as it sheds another $1.2bn of ship loans. For the first time ever, Commerzbank's shipping portfolio stands at less than EUR 10 billion, according to the third quarter interim report…
Marlow Navigation and Kherson State Maritime Academy (KSMA) have renewed their longstanding maritime training cooperation in Ukraine. The agreement was signed between Marlow Navigation’s Chairman, Hermann Eden and Rector of KSMA, Professor V…
Shipping company NYK announced it has switched the coffee served inside its head office reception rooms to a brand carrying the International Fairtrade certification mark. More than 50,000 cups of coffee are served in the NYK head office reception rooms every year…
Trelleborg’s marine systems operation has announced plans to host a one-day seminar for port consultants on November 11 at the Windsor Excelsior Hotel in Rio de Janeiro, Brazil. Designed to provide consultants with everything they need to…
Though raised in Germany’s industrial heartland, Philipp Wallutis has chosen to pursue a life at sea. Currently a second officer on board a Hapag-Lloyd ship, he might one day proudly wear the four stripes of a captain. Never let it be said…
Marine Corps colonel selected as new liaison to Port of Long Beach Board U.S. Marine Col. Richard Jordan was selected by the Long Beach Board of Harbor Commissioners last week as the new Chief of Staff, to assist the Commission in making key decisions in governing the Port of Long Beach…
