BW LPG Establishes a JV in India
BW LPG Limited and Global United Shipping India Private Limited, have agreed to establish a joint venture in India in which the parties will own 50% each. The purpose of the new joint venture…
SOHAR Port Breaks Container Throughput Record
SOHAR has released new figures showing a solid first-half of 2017, as both the Port and Freezone continue to play a crucial role in the diversification and globalisation of Oman’s economy.
Seaspan CEO Gerry Wang to Retire
Seaspan Corporation announced that Gerry Wang, its Chief Executive Officer, Co-Chairman and Co-Founder, will retire from Seaspan effective December 31, 2017 to focus…
Hyundai Heavy Wins $600 Vitol Tanker Contract
The Korean shipbuilder Hyundai Heavy Industries (HHI) won a contract worth up to $600 million from Netherlands-based energy and commodities company Vitol to build as many as eight gas tankers…
Sri Lanka in China Port Deal
Sri Lanka’s government on Saturday signed a long-delayed agreement to sell a 70% stake in a USD 1.5-billion port to China in a bid to recover from the heavy burden…
Bahri Pushes for Saudi Arabian Entry to IMO Executive Council
Senior representatives from Bahri recently joined members of a Saudi Arabia delegation for board meetings of the International Maritime Organization (IMO), which…
V.Group Appoints Ian El-Mokadem as CEO
UK-based ship management company V.Group announced the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer.
USS Gerald R. Ford Completes First Arrested Landing
Less than one week after Pres. Donald J. Trump commissioned the U.S. Navy's newest aircraft carrier, USS Gerald R. Ford (CVN 78) launched and recovered its first fixed-wing aircraft July 28…