Changes on BHP Billiton Board
BHP Billiton Chairman, Jac Nasser, today announced a number of changes to the BHP Billiton Board of Directors. Anita Frew has been appointed to the BHP Billiton…
Allcargo Acquires 2 Vessels for Coastal Operations
Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo…
APSEZ, NCML Ink Management & Services Deal
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and a part of Adani Group, a global integrated player, entered into a strategic…
Otto Marine 2Q Losses Lower
• Marked improvement in performance as losses after tax for 2Q2015 reduced to US$2.5 million from US$13.3 million in 1Q2015. Otto Marine Limited, a leading offshore…
Maersk Cuts Growth Forecast
Though the Danish conglomerate AP Møller-Maersk posted higher-than-expected earnings, it has cut its forecast for global trade growth and abandoned several medium-term profit forecasts…
Obama to Visit Arctic
President Barack Obama is traveling to Alaska in late August to visit the front lines of climate change, which he called "one of the greatest challenges we face this century".
Can't Touch This: The Climate Case Against Arctic Drilling
A new report released today by Oil Change International and Greenpeace USA details a clear case against drilling for oil in the Arctic ocean based on climate science imperatives.
Pon Holdings Acquires Imtech Marine
Pon Holdings BV will take over part of the bankrupt Royal Imtech, a leading company in the global maritime market. Dutch engineering services company Imtech Marine…
China to Investigate Deadly Port Blast
Chiness president Xi Jinping promised a “thorough investigation” after huge explosions in the world’s 10th largest port- Tianjin - killing at least 50 people and disrupting operations.
Port of Virginia Cargo Volumes Mount in July
The Port of Virginia handled 226,000 TEUs in July, the highest amount ever recorded for that monthly period in the port''s history. The Virginia Port Authority, which operates terminals in Portsmouth…
Filippetti Unveil Navetta 35 Motor Yacht
Italian builder Filippetti Yachts has unveiled the brand new Navetta 35 design. The new design is principally on a three-deck design -Lower, main, upper with an open air sun deck area.
Rickmers Maritime in Red
Rickmers Trust Management (Rickmers Maritime) suffered a loss of USD15.7 million for the second quarter ended 30 June 2015 from a profit of USD16 million in 2Q14.
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