General Mills Strategically placed in Port Salford
General Mills UK & Ireland – responsible for a range of market-leading brands, including Old El Paso, Green Giant, Betty Crocker and Nature Valley – is to be the…
Technip dividend FY 2014
At the Annual General Meeting, held today, Technip’s shareholders approved the proposed €2.00 per share dividend for the 2014 financial year and decided to offer…
ABB wins Brazil $30 mi Wind Farm Order
ABB has won orders worth around $30 million from Casa dos Ventos, a leading renewables company in Brazil, to provide substations and related power infrastructure…
MHI to Shift Operations from Yokohama Kanazawa
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have decided on a policy to transfer operations currently performed at…
Huat Retires as Non-Ex Dir. of ST Engineering
Singapore Technologies Engineering Ltd (ST Engineering) today announced the retirement of Mr Quek Poh Huat as non-executive Director of the Company at its Annual General Meeting on 23 April 2015.
USCG Responding to Vessel Aground in St. Marys River
The Coast Guard continues to monitor the 603-foot bulk carrier Mississagi which ran aground in the St. Marys River near De Tour Village, Michigan early Wednesday.
GOST System Tracks Stolen Boat in Abacos
GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced…
Navios Buys 14 Distressed Ships from HSH Nordbank
Navios Group has agreed to acquire another 14 vessels from HSH Nordbank in the second major distressed fleet deal between the two parties in the past two years.
MOL Orders Four Car Carriers
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a contract covering construction of four next-generation "FLEXIE" car carriers at Minaminippon Shipbuilding Co., Ltd.
Iranian Ships Turn Away from Yemen
An Iranian convoy, believed to be carrying weapons destined for the Houthi rebels in Yemen, turned around and is headed north towards home country, WSJ quoted as U.S. defense officials saying.
IMO Head Predicts Surge in Med Migrants
Koji Sekimizu, secretary-general of the International Maritime Organization (IMO) said that number of migrants crossing the Mediterranean could surge to 500,000…
Hamburg Süd Hit by Slowdown
The Hamburg-headquartered shipping line Hamburg Süd was hit by the economic downturn on the carrier's key markets in Brazil, Argentina and Venezuela. The modest…
Cyprus Cabinet Okays Ports Privatisation Framework
Cyprus is pushing ahead with the privatisation of its ports as part of the nation’s rehabilitation plans which will see a number of state-run entities turned over to the private sector.
SIPG to Acquire Jinjiang Shipping
Shanghai-listed Shanghai International Port Group (SIPG) is currently considering acquiring part of the equity stakes in Shanghai Jinjiang Shipping, a container…
