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Higgins Named CEO of Nichols Brothers Boat Builders

Dec 16, 2014

Gavin Higgins has been appointed Chief Executive Officer of Ice Floe LLC dba Nichols Brothers Boat Builders (NBBB), the company announced today. Effective immediately, Higgins replaces Matt Nichols, one of the company’s founders who has served as CEO of NBBB since February 2012…

Westerhoud Steps Down as President of ECT

Dec 16, 2014

Jan Westerhoud, President of Europe Container Terminals (ECT), will step down and retire from the company effective January 1, 2015, the company announced today in a press release. This decision was made in consultation with main shareholder Hutchison Port Holdings Limited (HPH)…

McDonald's Japan Rations Fries as U.S. Port Labor Dispute Continues

Dec 16, 2014

McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports.The fast-food chain said it was importing more than 1…

Water Levels Low on Lake St-Louis

Dec 16, 2014

Mariners are advised that due to low precipitation, and declining outflows, the water levels on Lake St-Louis are lower than normal. For this reason, the speed limit between buoys A30 and A40 is reduced as follows: Vessels with a draft…

Rotterdam Mentality Ties City, Port & University

Dec 16, 2014

The Municipality of Rotterdam, Port of Rotterdam Authority (PoR), Erasmus University of Rotterdam and Rotterdam partners are joining hands to put Rotterdam more clearly on the map, both at home and abroad. The concerted profile under the…

DONG Energy Appoints CEO for E&P

Dec 16, 2014

Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer and Head of Oil & Gas at the Abu Dhabi National Energy Company, TAQA. Søren…

Erik Henriksen Quits Noreco's Chairmanship

Dec 15, 2014

Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be considered by the Board in due course in accordance with applicable regulations. The…

Northrop Grumman Sponsors Jubilee Sailing Trust

Dec 15, 2014

Northrop Grumman Corporation (NYSE: NOC) is among the sponsors of  the Jubilee Sailing Trust (JST), a registered charity whose mission is to promote the integration of people of all physical abilities, including injured and recovering servicemen and women…

Damen Wins Sitecore Business Transformation Award

Dec 15, 2014

Damen Shipyards Group, together with its website partner Evident,has won the ‘Benelux Sitecore Experience Award 2014’ in the category ‘Business Transformation’. This prize is awarded to the best Sitecoresolution, meaning a solution which generates measurable…

Oil Price Slid Beyond Fundamentals - OPEC

Dec 14, 2014

The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.Speaking at an event in Dubai, Abdullah al-Badri added…

China, Kazakhstan to Ink $10 bln in Deals

Dec 14, 2014

China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday.Xinhua did not give details, but…

Investors Gamble Forest Preservation Will Pay Off in Carbon Markets

Dec 14, 2014

Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.London-based Permian Global said on the sidelines of U…

First Dividend from Nordex Likely

Dec 14, 2014

German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor base, its chief financial officer told a German newspaper.'We will…

Russia Says Will React if U.S. Imposes New Sanctions

Dec 14, 2014

Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis, Russia's Deputy Foreign Minister Sergei Ryabkov said on Saturday.The U.S. Congress has readied new sanctions on Russian weapons companies…

UN Climate Talks Head for Watered-down Deal

Dec 14, 2014

United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughest issues for next year's Paris summit.Peruvian Environment Minister Manuel Pulgar-Vidal…

Logistics News

Bunge Charters Argentine Soy Meal Cargo to China

Bunge Charters Argentine Soy Meal Cargo to China

NYK-TDG Maritime Academy Celebrates 80 Graduates

NYK-TDG Maritime Academy Celebrates 80 Graduates

Israel Attacks Three Yemen Ports

Israel Attacks Three Yemen Ports

Gladstone Ports Welcomes New CEO

Gladstone Ports Welcomes New CEO

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