People & Company News

 

LOC Opens Paris Office

Aug 05, 2015

LOC, a leading global marine and engineering consultancy for the shipping and offshore energy industry announces the expansion of its European operations with the opening of its Paris office today (4 August 2015).The office is the first…

Australia's Massive Shipbuilding Plan Announced

Aug 05, 2015

The Australian Government has thrown domestic shipbuilders an A$89 billion (US$ 66 billion) lifeline. It plans to deliver a long-term plan for a strong and sustainable naval shipbuilding industry. Over the next 20 years the Government will…

Matson Declares 2Q EPS Of $0.23

Aug 05, 2015

Matson, Inc., a U.S. carrier in the Pacific, reported net income of $9.9 million, or $0.23 per diluted share for the quarter ended June 30, 2015.  The company said its second quarter results were negatively impacted by $13.5 million of additional selling…

Stoody Debuts Technical Services Hotline

Aug 05, 2015

Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking answers about product selection and the application of hardfacing and high alloy joining consumables…

Totem Inks LNG Conversion Deal with Keppel

Aug 05, 2015

Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of  the  Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion…

Marad Visits TX Maritime Technology & Training Center

Aug 04, 2015

United States Maritime Administration tours Maritime Technology and Training Center site. Administrators from the United States Maritime Administration (MARAD), along with staff from United States Senators John Cornyn and Ted Cruz, recently…

Shipping Executive Begins Kitesurf Challenge

Aug 04, 2015

Solo kitesurf along East Africa coast in aid of Mission to Seafarers and Adeso. Pacific Basin shipping executive Jacob Bliksted Sørensen has begun his 1,000km kitesurf challenge between Mozambique and Somalia, in aid of Mission to Seafarers and Adeso (African Development Solutions)…

ISS Announces CEO Transition

Aug 04, 2015

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).   The current Chief Financial Officer, Chris Whiteside, has been appointed as acting Chief Executive Officer. Captain…

Ocean Youth Trust South Buys Sail Training Vessel

Aug 04, 2015

Ocean Youth Trust South, one of the UK’s leading sail training charities for young people, has  announced that the charity has just agreed the purchase of Prolific – a stunning vessel with real beauty and genuine character.Prolific was built in 2005…

2015 LAGCOE Looey to Honor Leon Charles Moncla Jr.

Aug 04, 2015

This year the Louisiana Gulf Coast Oil Exposition (LAGCOE), one of the world's pioneer oil and gas expositions, honors Leon Charles Moncla Jr. as LAGCOE Looey 2015 in recognition of his 45-plus years of service in the oil and gas industry. LAGCOE…

BSM Appoints CFO and New HR Marine Director

Aug 04, 2015

Bernhard Schulte Shipmanagement (BSM) has recently announced the appointment of a new Chief Financial Officer, Sebastian Graf von Hardenberg. Responsible for the organization’s global financial operations, he is based in Limassol, Cyprus.Graf…

SKANReg Recruits UK Ship Register's Mazumdar as CEO

Aug 04, 2015

After four groundbreaking years as head of the UK Ship Register (UKSR), Debasis Mazumdar is moving on to become CEO of the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg), with a mission to drive further growth for the ambitious ten-year-old Caribbean flag state…

FMC Collects $1,227,500 in Penalties from NVOCC's

Aug 04, 2015

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties. The agreements were reached with seven non-vessel-operating common…

NYK Hosts Safety Conference

Aug 04, 2015

Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held every year as part of the “Remember Naka-no-Se” safety campaign…

Koole Expands Rotterdam Operations

Aug 04, 2015

Koole Terminals has begun operations at the storage facility for petrol and diesel in Pernis that it recently acquired from BP. The companies have a long-standing relationship. The newly acquired terminal is adjacent to the existing Koole terminal…

Logistics News

CMA CGM Reverses Mali Suspension

CMA CGM Reverses Mali Suspension

LNG Canada Starts Up Kitimat Train 2

LNG Canada Starts Up Kitimat Train 2

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

AD Ports Signs Deal for Minority Stake in Latakia International Container Terminal

AD Ports Signs Deal for Minority Stake in Latakia International Container Terminal

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US strikes on Caribbean and Pacific have killed over 60 people as calls for investigation mount
CMA CGM suspends Mali shipments due to safety concerns and fuel shortage
Russia backs down on some of its VAT increases after small business pushback