People & Company News

Photo: Bahri

Bahri Optimistic of Oil Tanker Market

 Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan,

Photo: Boston Carriers Inc

Boston Carriers Completes Contract of MV Nikiforos

 Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East.    The contract contributed approximately 1,

The Indian Minister for Shipping Nitin Gadkari addressing at the foundation stone laying ceremony of the International Ship Repair Facility of Cochin Ship Yard Limited, at Cochin, Kerala on November 17, 2017. Photo: PIB

International Ship Repair Facility at Cochin Shipyard

 The Minister of Shipping in India,  Nitin Gadkari has said that Cochin is all set to become a global ship repair hub.    He was speaking at Cochin, after laying the  foundation stone for a INR 970-crore

Photo: TNPA

Ports of Durban and Cape Town Up Next for New Transnet Tugs

Transnet National Ports Authority (TNPA) launched its penultimate tug as part of its R1.4 billion, nine-tug construction contract, at Southern African Shipyards.   UMKHOMAZI, meaning “place of cow whales” in isiZulu,

Photo: "K" Line

“K” Line Introduces Auto Logistics in Chile

KAR Logistics S.A. (hereinafter shown as KAR*), Joint Venture Company between “K” Line and Agencias Universales S.A.(AGUNSA), which handles Total Logistics Services in Chile and other South and Latin American,

m/v Naias. Photo: Diana Shipping Inc.

Diana Shipping Time Charter for Naias With Phaethon

 Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG,

Rolf Habben Jansen, CEO. Photo: Hapag-Lloyd AG

Hapag-Lloyd Reports Better Results for Q3 2017

 Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost

Nils Smedegaard Andersen (File photo: Danish Maritime Days)

Former Maersk Boss Named Unifeeder Chairman

Nils Smedegaard Andersen has been appointed Chairman of the Board of Directors of Denmark based feeder and shortsea operator Unifeeder, taking up his first directorship within the logistics and shipping

Photo: Tsakos Energy Navigation Ltd (TEN)

TEN Completes Fleet Expansion

 Tsakos Energy Navigation Ltd (TEN) has reported the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15-vessel, pre-employed on long-term business, growth program, which increased

Photo: Vard Holdings Ltd

Fincantieri to Delist Vard

 Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST).   Fincantieri, which holds a 79.

(Photo: WICET)

Aurizon in Talks to Buy Debt-saddled Coal Port

Australian coal rail operator Aurizon Holdings said on Monday it was in talks to buy the Wiggins Island Coal Export Terminal (WICET), which urgently needs to restructure $3 billion in debt.   A purchase