Foss Hires VP, General Counsel & Chief Ethics Officer
Foss Maritime announced that Lam Q. Nguyen-Bull has joined the company as the Vice President, General Counsel and Chief Ethics Officer. Based in Seattle, Nguyen-Bull will lead Foss's Legal and Risk Management Group, where in addition to providing counsel on legal issues and business strategies and practices, she will head up the company's ethics and compliance programs and work to safeguard the values and reputation of Foss.
French President Inaugurates CMA CGM’s New Mega Ship
The CMA CGM Bougainville, the largest containership sailing under French flag, was inaugurated Tuesday by French President François Hollande in Le Havre. Other key figures present for the inauguration include Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group; French Minister of Foreign Affairs and International Development Laurent Fabius; French Secretary of State for Transportation Alain Vidalies…
Teekay Veteran Glendinning to Retire
Long-time Teekay leader David Glendinning, president of Teekay Gas Services, will retire December 17, 2015, after more than 28 years at Teekay. Stepping up to replace Glendinning is Mark Kremin…
China Opposed to Parties Entering 'territorial' Waters
China's Foreign Ministry said on Friday it was against parties entering territorial waters in the name of freedom of navigation, as the United States is considering…
Asia-N.Europe Box Rates Plunge 17 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday…
Traders Eye Floating Diesel Storage in Atlantic
Europe diesel stocks reach fresh record high; huge imports from Asia, Middle East weigh on supplies. Oil traders are preparing to store diesel in giant tankers off…
Shell Want Shipper Guarantees on Nigerian Crude Exports
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee it is not stolen, according to an email from the company seen by Reuters.
ICCOPR Approves Updated Oil Pollution Research Plan
The Interagency Coordinating Committee on Oil Pollution Research (ICCOPR) unanimously approved the Oil Pollution Research & Technology Plan (OPRTP) for FY2015-2021…
Hapag-Lloyd Announce Service Improvement
Following market requirements we will employ an additional vessel in our AT2 service and replace the direct Liverpool eastbound call from our AT1 service by a direct…
Danish-South Korean Co-operation Strengthened
The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister of…
Volvo Penta Doubles Service Interval
Volvo Penta today announced a new extended service interval for its commercial marine diesel engines. “We recognize that minimizing downtime is a critical requirement for commercial marine operators…
Wärtsilä 31 Engine for Aker ARC 124 Icebreaker
The recently introduced Wärtsilä 31 engine, which has been acknowledged by Guinness World Records as being the world's most efficient four-stroke diesel engine,…
Carnival Corporation Adds Third Berth to Cozumel Pier
Carnival Corporation & plc today officially opened an all-new, highly anticipated expansion of its operations in Cozumel, Mexico, adding a third berth to the company's pier at Puerta Maya…
Indonesian Ports to Allow Foreign-flagged Cruise Ships
Indonesia’s government has given the go-ahead for foreign-flagged cruise ships to stop over in five of the country’s largest ports. Previously, such vessels could only dock at one port…
IMTRA Debuts Omega LED lights
IMTRA today released its Omega LED lights. Designed specifically for recessed lighting applications in large yachts, the DC-powered Omega LED lights feature a high-quality…
Approvals Launch VIKING Nadiro into New Markets
New lifeboat release systems and bracket type approvals for VIKING Nadiro SOLAS products are extending the company’s core capabilities beyond cargo to offshore and…
Zim plans Wall Street IPO
Israel’s Zim Integrated Shipping Services has hired two banks to carry out its initial public offering (IPO) in the US, Bloomberg reported. Zim Integrated Shipping…
Friendship to Green Ships
Korea and Denmark both have ambitious national plans for a transition to greener and more energy efficient economies. The Danish-South Korean Green Growth Alliance met for roundtable talks.
EfficienSea2 Rolls out Maritime Cloud
The Danish-led e-navigation project, EfficienSea2, got one step closer to being launched when a core element of the project – Maritime Cloud – was debated by a group…
Tsakos Fixes Three LR2s on Timecharter
Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd (TNP) announced the charter for an average of 36-months per vessel for its three LR2 Aframax…
