German container carrier Hapag-Lloyd is looking to sell shares for a total US$500 million, and will seek listings in Hamburg and Frankfurt before the end of 2015. Hapag-Lloyd has confirmed that it is preparing for a US500 million initial public offering (IPO) this year…
The Crowley-managed, Philadelphia Express – a 3,237 TEU containership – recently provided assistance to nine Cubans on a makeshift raft adrift near Key West, Fla. As the vessel was steaming from Houston, Texas to Savannah, Ga., crewmembers spotted…
Press releases - Singapore Shipping Association (SSA) commemorated its 30th Anniversary this evening at the Sands Grand Ballroom, Sands Expo and Convention Center, Marina Bay Sands, with a mass birthday celebration involving over 2100 guests cutting 210 birthday cakes simultaneously…
Ron L. Phillips has been appointed Senior Vice President of Human Resources – Office of People and Potential for Carnival Cruise Line. In this capacity, Phillips will oversee shoreside and shipboard human resources for the world’s largest cruise line…
Sparking speculation that a recovery in commodities could be around the corner, the Baltic Dry Index, a measure of shipping costs for commodities, has risen 17.5 per cent since September 15, reports Business Standard. The indexis up 21 per cent at 943…
The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs to rise substantially from September levels, according to Charles R.Weber Weekly…
Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., delivered a theme address at the World Maritime Day symposium on 'Shipping's future needs people: Is global maritime education and training on course…
GC “Hidromek” (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement at NEVA 2015GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International Exhibition and Conferences yesterday…
The Managers have released, on September 22, 2015, the Club’s latest loss prevention DVD – 'Fit for Life'. The launch took place at a premiere screening of the film at the Barbican Center, central London before an invited audience of a number of the Club’s Member…
The National Marine Manufacturers Association (NMMA) this week presented the 12th consecutive Customer Satisfaction Index (CSI) award to Volvo Penta recognizing excellence in customer satisfaction in marine sterndrive engines. The CSI award is based on an independent survey of over 50…
The impressive response to the INMEX SMM India 2015 that was officially opened yesterday by Deepak Shetty, Director General of Shipping, Government of India, seems to be a clear indication that the green shoots of economic recovery are finally making their appearance in the country…
Shipping company SC Line has started up service between Fort Lauderdale's Port Everglades and Cuba, reports Sun Sentinel. The cargo and cruise vessels no longer require a special license to ply between US and Cuba. SC Line can serve…
On April 30, next year the 11th amendment of the Marine Equipment Directive (MED) comes into force, making compliancy with the Bridge Alert Management (BAM) concept mandatory for all navigation equipment.Imtech Marine, as a bridge systems integrator…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…
NYK has been selected for the Dow Jones Sustainability Indices (DJSI)* for a 13th straight year. The DJSI, which is a major yardstick for companies engaging in socially responsible investment (SRI),** is composed of select sustainability-driven companies from over 3…
