American Commercial Lines Inc. (ACL) opened its new Liquid Transportation Division Headquarters in Houston, Texas. The opening of the new regional headquarters, combined with ACL's recent announcement to build 30 new 30,000 barrel tank barges in 2008, begins the foundation for the Company's long-term strategy to increase liquid business from 24% to 40% of its total transportation revenue.
Björn Ingemanson, 53, has been appointed new President of Volvo Penta. Ingemanson is currently President of Volvo Trucks’ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year. Ingemanson has a long history at the Volvo Group and his past positions include CFO of Volvo Trucks and European head of the Group’s customer financing company, Volvo Financial Services
INTERTANKO has announced the following personnel changes affecting its Asian Representative Office and Latin American Panel. The Association’s Asian office, located in Singapore, was set up in 1999 and has been managed to date by Ms Minerva Alfonso. Ms Alfonso will be relinquishing her post as Asian Regional Manger in August to commence maternity leave. John Fawcett-Ellis has been appointed as the new Regional Manager for Asia–Pacific
Alps Wire Rope Corporation announced John Shwartz as Northwest Regional Sales Manager. Shwartz, has over 25 years of sales experience in the crane industry including selling experience in boom trucks, carry decks, rough terrains and crawler crane markets.
UAE based GMMOS Group, backed by Abraaj Capital and Waha Capital, has acquired 100% of the share capital of Minnow Marine Projects Limited (MMPL) through its newly formed Singapore based division Stanford Asia. MMPL founder and CEO Robin Reeves will remain actively involved in the further development of the combined group as head of Stanford Asia. According to Elias Nassif, CEO of GMMOS Group, Stanford plans to make additional acquisitions in the OSV sector while expanding its geographic
Raymond Lim Siang Keat, Member of the Singaporean Parliament for East Coast GRC, officially opened Swire Oilfield Services Regional headquarters for Asia Pacific in Singapore on January 17, 2012. The establishment of the new regional office in this key strategic hub for the oil and gas industry is part of the company’s long term growth plan and will see Swire Oilfield Services develop an important presence in South-East Asia and beyond
Barry Baldwin has been named the new Director of Business Development, Harbor Services for Foss Maritime Company. Baldwin, previously Regional Director, Southern California and an 18 year veteran of Foss will be based in Long Beach and report to Steve Scalzo, President and CEO of Foss Maritime Company. “Baldwin’s in-depth experience and knowledge of the Harbor Services market will significantly augment the development and expansion of current and new Harbor Services opportunities
Hapag-Lloyd and Regional Container Lines announce service cooperation connecting China and Subcontinent
Hapag-Lloyd and Regional Container Lines (RCL) will start a new weekly service from China and Korea to Sri Lanka, India and Pakistan to be operated under the name CIS (Hapag-Lloyd) and RCI (Regional Container Lines) respectively. Hapag-Lloyd and Regional Container Lines (RCL) will start a new weekly service from China and Korea to Sri Lanka, India and Pakistan to be operated under the name CIS (Hapag-Lloyd) and RCI (Regional Container Lines) respectively
Mitsubishi Heavy Industries (MHI ) install Chief Regional Officers to enhance business strategies in Latin America & Asia-Pacific. Through creation of the posts MHI aims to enhance its marketing capabilities by strengthening its relationships with government agencies and important customers in the two regions and by further advancing cross-functional coordination among its various business operations. The Chief Regional Officers will also provide support in formulating locally rooted
OW Bunker announced it is organizing its Asia business into three regional centers of operation: Greater China, East Asia and Korea/Japan. The move is part of the company’s strategy to deliver further growth in Asia and to provide more support to customers in key local markets within the region. Commenting on the development, CEO Jim Pedersen, OW Bunker, said, “Asia is a critical area for OW Bunker, where we have realized significant growth over the past few years
Cargo growth on intra-Asia routes is attracting deep-sea carriers due to the availability of cheap charter vessels and economies of scale between China and SE Asia, but regional players also know how to form defensive alliances, reports Drewry Maritime Research in its latest 'Container Insight
From July 1, 2014, Dampier Port Authority will be merged with Port Hedland Port Authority to form a new body named Pilbara Ports Authority, GAC reported in its daily hot news report. The Western Australian Government recently passed the Ports Legislation Amendment Bill 2013
Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region. OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku, Azerbaijan and Aktau, Kazakhstan, and Turkmenistan
Stanford Marine, a regional offshore marine business, announced today from its Dubai headquarters the delivery of the latest addition to its fleet. Stanford Mustang, a 50m DP2 Anchor Handling Tug was specially designed to handle a specific charter in Qatar and was built at Fujian Mawei shipyard
China’s aim of 7.5% GDP growth for 2014 is positive news for the shipping market – in particular, dry bulk, the Baltic and International Maritime Council (BIMCO) said in a report published today. Despite being a little down on the 2013 GDP growth of 7
Auto-Maskin, the makers of the Marine Pro range of diesel engine controllers, announced the opening of a new regional office in Houston, Texas to support the continued expansion in the marine and oil and gas sectors in North America. The facility in Houston will be staffed by sales, engineering
The warship "Kunming", hull number 172, was officially handed over to the People's Liberation Army Navy (PLAN) at a recent ceremony held at the Jiangnan Shipyard in Shanghai, informs Xinhua. The new warship belongs to the new generation of China-made guided missile destroyers and
In an event that gathered the main regional authorities, Angel Cabrera, president of Chilean port company Empresa Portuaria Iquique (EPI) -Iquique’s port authority-, and Alfredo Leiton, general manager, launched the terminal 1 tender process officially.
Relocates Norwegian oil and gas HQ to Stavanger, led by Marianne Hauso; to increase staff in Western Norway by 10% in 2014 DNV GL is relocating its oil and gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers, the company said
Inchcape Shipping Services (ISS) has expanded its network in Central and South America with the opening of ISS Venezuela in Puerto La Cruz. Port Manager, Aldo M. Limongelli, who brings 38 years of experience in maritime operations such as chartering, bunkering, stevedoring, transportation
Kenya on Friday launched a single electronic system for processing imports and exports, to simplify red tape blamed for holding up trade in the trading hub of the region. Kenya is the main trade gateway to east Africa, through its Indian Ocean port of Mombasa
The International Maritime Rescue Federation (IMRF) has successfully registered its Asia Pacific regional centre (APRC) in China, giving it formal legal status and providing a timely boost to maritime Search and Rescue (SAR) development in the region.
The Australian Defence Force informs that military strength and diplomatic might will come together in the coming weeks in Malaysia for Exercise Bersama Shield during one of South East Asia’s most significant regional exercises involving Australia and its regional security partners.
His Excellency Khamis Juma Buamim, Chairman of Drydocks World and Maritime World and chairperson of the DNV GL Offshore Technical Committee outlined the key focus areas for the Regional Committee meeting that will be held in Dubai on October 23, 2014
The Government of Ireland's Minister for Transport, Tourism & Sport Leo Varadkar, informs that the Cabinet has approved the draft General Scheme of a new Bill with important implications for Ireland’s vital port sector. The Harbours (Amendment) Bill 2014 will allow the five