Safmarine has announced the appointment of Grant Daly as its new CEO, effective February 1, 2012. South African-born Daly, currently Safmarine’s Head of MPV (Multi-Purpose Vessel) unit, replaces Tomas Dyrbye, who has been Safmarine’s CEO for the past two and a half years. Daly joined Safmarine 17 ye
Hagland Shipping based in Haugesund, Norway will during 2nd quarter this year take over 2 new dry cargo ships of 4750 dwt from the Indian yard Chowgule & Co. Private Ltd. in Goa. The ships are of well-known Dutch design and part of a series of some 20 ships built by the same yard for […]
On Thursday 12th January, 2012 the first 20 metre Wind Farm Service Vessel will be launched in Arklow. “Gardian 8″ has been commissioned to service the offshore renewable industry in the U.K. Sea trials will take place in Arklow next week and the official launch will be on Tuesday 24th January, 2012
Höegh LNG has entered into an agreement for the LNG carrier “LNG Libra” for shipping services to the North West Shelf project in Australia. The six month charter is expected to commence in July 2012, following the delivery of the vessel from its previous owner to Höegh LNG. The EBITDA contribution f
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, announced that it has signed today two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v “APL Sardonyx” and the m/v “APL Spinel”. The m/v
The International Chamber of Shipping (ICS) has published its latest annual Shipping Industry Flag State Performance Table. The Table collates various data available in the public domain. Under the supervision of ICS’s member national shipowners’ associations, the presentation of the Table for 2011
The GAC Group has further expanded its Nordic ship agency, liner agency and project logistics network with the acquisition of all the shipping subsidiaries of the Lehmann Nordic Group (LN), one of the region’s oldest transportation groups. The move brings to the GAC team more than 45 staff at 5 offi
STEALTHGAS INC., a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the sale of one vessel and an update on chartering arrangements. Sale of Vessel The Company has entered into an agreement to sell the smallest ves
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that the vessel Star Sigma, which was time chartered to Pacific Bulk Shipping Ltd. of Hong Kong until October 2013 at a gross daily rate of $38,000, was redelivered to the Company. Pacif
Cargotec has received an order for two more Kalmar E-One² rubber-tyred gantry (RTG) cranes featuring Zero Emission(TM) technology to Tan Cang Technical Services Joint Stoke Company, one of subsidiary of Vietnam’s leading terminal operator Saigon Newport (SNP). The order was received during the last
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has appointed Allen & Caron Inc., headquartered in New York City with offices in Irvine, California and London, as its agency for investor relations. Paragon Shipping’s fleet of drybulk
It is a truth that there is very hard competition between container handler ports in Turkey. Local competitions, specially between close ports are at top level. Together with new privatizations in Turkey, this competition becomes warmer and harder. As a result of it, also profits are getting lower.
Maersk Supply Service has won four major contracts worth about DKK 1.5 billion (around USD 250 million) with the major Brazilian oil company Petrobras and American oil major ExxonMobil for operation in Australia. Brazil is a strategically important area for Maersk Supply Service and the A. P. Moller
The successful transfer of 54,305 tonnes of vacuum gas oil from the vessel Genmar Companion to the BW Seine in Belfast Lough is now complete. The Genmar Companion had been sheltering off the Copeland Islands since reporting a crack on its deck on 16 December. In order for repairs to take place in Be
