Business Network News

28 Oct 2019

Aalund Named International Propeller Club's President

Niels Aalund, President, International Propeller Club

Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club. Mr. Aalund will serve a two-year term, commencing from October 17th. Aalund, a well-known maritime subject matter expert and executive, currently serves as an Officer and as Senior Vice-President of the West Gulf Maritime Association (WGMA).

12 Jul 2019

Shipping Majors Join CargoSmart Digital Initiative

Pic: CargoSmart

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement…

04 Jul 2019

MACN's Port Integrity Campaign in India

Pic: Maritime Anti-Corruption Network (MACN)

The Maritime Anti-Corruption Network (MACN) has announced the launch of a groundbreaking Port Integrity Campaign in India, with the support of the Government of India.The global business network of over 110 companies working together to tackle corruption in the maritime industry said that the campaign, which aims to reduce and (in the long term) eliminate integrity issues and bottlenecks to trade during operations in Indian ports, is a collective action of MACN, the Government of India…

01 May 2019

Propeller Club Names Cullather as EVP

The Board of Directors of the International Propeller Club of the United States has selected Mr. John M. Cullather as its new Executive Vice President.In the role of Executive Vice President, he will be responsible for the day-to-day operations of the International Propeller Club, will oversee all activities and functions of the International Propeller Club of the United States, and will serve as the primary liaison to the Club’s 70 port chapters worldwide. Along with the Board of Directors…

01 May 2019

Port of Baku Pact with European Logistics Hub

Port of Baku begins cooperation with leading European logistics hub. Photo: Port of Baku

The leading companies operating in the city of Venlo in the Dutch province of Limburg, which is one of the largest logistics and transport hubs in Europe, have started cooperation with Baku International Sea Trade Port CJSC.Last week, a Memorandum of Understanding was signed between the government of the state of Limburg, which includes the city of Venlo and leading companies with the Port of Baku.The Memo envisages cooperation with the government of the province of Limburg, companies Cabooter Group…

19 Mar 2019

Hapag-Lloyd Collaborates with XVELA

Pic: XVELA

German-based global cargo container shipping line, Hapag-Lloyd AG Hapag-Lloyd set to implement XVELA’s collaboration services to increase transparency throughout the transportation supply chain and more efficiently employ assets and resources.A press release from XVELA, the world’s first maritime business network for ocean carriers and terminal operators, said that both companies plan to initiate the global rollout on one of Hapag Lloyd’s premier Latin American services and will continue to broaden throughout its terminal partners.

31 Dec 2018

International Propeller Club Looks for new Executive VP

The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry, commerce, and global trade. It has 5,000 members in more than 75 ports around the world who represent a cross-section of the maritime industry. The Propeller Club is ninety-one years old and serves as the premier…

05 Dec 2018

International Propeller Club Looks for new Executive VP

The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry, commerce, and global trade. It has 5,000 members in more than 75 ports around the world who represent a cross-section of the maritime industry. The Propeller Club is ninety-one years old and serves as the premier…

06 Nov 2018

Global Shipping Business Network on Blockchain Platform Launched

Shipping industry executives initiate blockchain consortium at a signing ceremony. Photo: CargoSmart Ltd.

Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.According to a statement, the participants include COSCO Shipping Lines, CMA CGM, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International and Shanghai International Port, as well as software…

23 Oct 2018

One-on-One with Suzanne Beckstoffer

Suzanne Beckstoffer, an accomplished engineering leader and business woman, the first woman president in SNAME’s 125 year history. Photo: HII/NNS

One-on-one with Suzanne Beckstoffer, an accomplished engineering leader and business woman, the first woman president in SNAME’s 125 year history.As the Society of Naval Architects and Marine Engineers (SNAME) celebrates its 125th anniversary in 2018, it will celebrate another historical milestone at the start of 2019 when Suzanne M. Beckstoffer takes the helm of SNAME as president, the first woman to hold this position in the association’s history. We met recently with Beckstoffer to discuss her distinguished shipbuilding career…

06 Jul 2018

U.S.-China Trade Battle Heats Up

https://magazines.marinelink.com/nwm/MaritimeProfessional/201805/

Dueling tariffs raise fears of long A U.S.-China trade fight resulting in duties on $34 billion worth of each other's imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions.Friday marked the start of the U.S. duties that were promptly met with retribution by China, as Beijing accused the United States of triggering the "largest-scale trade war."The escalating fight between the…

10 Jun 2018

BIMCO to Step Up Fight Against Maritime Corruption

Image:  International Maritime Organization (IMO)

BIMCO is helping the industry raise its voice against maritime corruption and supports initiatives that help fight unfair trade. At the 42nd session of the International Maritime Organisation’s Facilitation Committee (FAL) in London on June 5-8th, BIMCO has backed a request made by The Maritime Anti-Corruption Network (MACN) for the IMO and member States to fully recognise the scale of maritime corruption and to take a stand against this type of crime. MACN is a global business network working towards a corruption free maritime industry that enables fair trade to the benefit of society.

12 Apr 2018

Top Five Trends in Offshore Wind

A turbine at the Hywind Scotland floating wind farm offshore Scotland (Photo: Arne Reidar Mortensen / Statoil)

As technologies mature and dramatic cost-cutting continues, the future is looking bright for offshore wind. Below are five trends to keep an eye on.Follow the LeaderOffshore wind’s established leader, Europe, will continue to show the way forward and build capacity. At the end of 2016, nearly 88 percent of the world’s offshore wind installations were located in European waters. In 2017, Europe saw a record 3,148 MW of net additional offshore wind capacity installed, with 560 new offshore wind turbines across 17 wind farms, according to WindEurope.

06 Apr 2018

Kudlow says U.S.-China Trade Talks Are Ongoing

There are ongoing talks on trade between the United States and China, White House economic adviser Larry Kudlow said on Friday but he did not specify at what level the negotiations were occurring. "There are ongoing talks. I don't want to name names, I don't want to put anyone on the spot, there are ongoing talks. They'll be back and forth, U.S. and Beijing, and so forth," Kudlow told Fox Business Network. However, in an earlier interview Bloomberg TV, Kudlow said discussions had not begun.   Reporting by Makini Brice

15 Feb 2018

Port of Antwerp Looking for Full-Time Representative in the UK

Photo: Port of Antwerp

The port of Antwerp has decided to appoint a full-time representative in the UK, based in London, in order to keep in closer touch with the economic situation there now that Brexit is looming closer. "Antwerp Port Authority is now in search of a full-time representative to further raise Antwerp’s profile on the British market," said a press statement from the company. Attracting additional sources of trade and cargo will also form part of the new port representative’s job. With an annual freight volume of nearly 14 million tonnes (2017)…

19 Dec 2017

HMM Holds a “2018 Sales Strategy Meeting”

Photo: Hyundai Merchant Marine

South Korea's Hyundai Merchant Marine (HMM) has  held a “2018 Sales Strategy Meeting” to prepare sales strategies for the next year. At the meeting being held on 18-22 December 2017, approximately 150 people attended including HMM President & CEO C.K. YOO, and 50 HMM expatriates in US, EU, and Asia etc, and discussed each unit’s sales strategy and a detailed promotion plan for 2018. C.K. Moreover,  Yoo also commented about a new shipbuilding plan to order 22,000TEU that “This will be the mega-ship building project in accordance with the national expectation for being a leading shipping nation.

24 Nov 2017

Propeller Club elects RADM Whitehead as International President

Rear Admiral Joel Whitehead. Photo: International Propeller Club

At its 91st annual convention last month, the International Propeller Club of the United States elected and installed its leaders for the coming year and beyond. Representatives of the Club’s more than 75 chapters from around the world elected Rear Admiral Joel Whitehead, US Coast Guard (retired) to a two-year term as International President. RADM Whitehead is a member of the Club’s Port of New Orleans chapter. Niels Aalund, a member of the Club’s Port of Houston and the Senior Vice President…

15 Aug 2017

PSA, PIL, IBM on Blockchain Development

Photo: Pacific International Lines Pte Ltd

Ocean carrier Pacific International Lines (PIL), terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance. Three companies signed a Memorandum of Understanding (MOU) today to explore and trial proof of concept (POC) blockchain-based supply chain business network innovations. The MOU was signed by Ms Lisa Teo, Executive Director (Corporate Development) of PIL; Mr Oh Bee Lock…

09 Dec 2016

US Offshore Wind Faces Pushback from Fishing Groups

© Shaun Wilkinson / Adobe Stock

The auction for the rights to the wind farm off the coast of New York has encountered pushback from fishing groups concerned about the impact a large-scale wind project will have on the access to prime fishing areas. The U.S. Bureau of Ocean Energy Management (BOEM) was set to administer the lease sale on December 15, when a petition to delay the auction was presented to the federal court. The U.S Bureau of Ocean Energy and Management (BOEM) requires an extensive stakeholder marine spatial planning process that de-conflicts the wind energy area prior to the Point of Sale Notice (PSN).

15 Mar 2016

MOL Appoints Chief Country Representatives

List: Mitsui O.S.K. Lines Ltd

Mitsui O.S.K. Lines Ltd. (MOL) will appoint dedicated chief country representatives to manage operations in Asia and Oceania effective on April 1, 2016. Currently, MOL assigns Chief Executive Representatives, who manage regions of the Americas, Europe and Africa, and Asia, the Middle East and Oceania to help the group provide services tailored to customer needs in each market. The appointment of Chief Country Representatives will help enhance cross-sectional, intra-regional ties throughout the MOL Group. The Chief Executive Representative was introduced in June 2015.

27 Oct 2014

MES Launches Two After-sales Service Companies

Mitsui Engineering & Shipbuilding Co., Ltd., (MES) has established service companies in Doha, Qatar and Ankara, Turkey, to perform after-sales service business, which includes supply of spare parts, repair and periodical overhauling maintenance, for MES manufactured industrial machinery. MES has supplied such industrial machinery products, as reciprocating compressor, centrifugal compressor, axial-flow compressor, steam turbine and others, to users around the world. This is especially true in Middle Eastern countries where reciprocating compressors play a crucial role in the refineries and petrochemical plants. MES has a large number of supply records in its reciprocating compressors.

13 Aug 2014

W&O’s Emerson Elected Propeller Club VP

Tammy Emerson

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation, and engineered solutions, announced that Senior Account Executive Tammy Emerson has been elected as vice president of programs of the Jacksonville Propeller Club. Emerson’s marks the first time in Jacksonville Propeller Club history that there is an all-female Executive Board. “Tammy has been an outstanding ambassador at W&O for many years, and continually displays her passion to succeed within our company and the marine industry.

22 Jul 2014

Container Shippers Join Forces for Safety

Photo courtesy of CMA CGM

The Container Ship Safety Forum (CSSF) has been launched as a global business-to-business network that aims to improve safety performance and management practices in the container shipping industry. Founding members CMA CGM Group, Costamare Shipping Company S.A., E.R. Schiffahrt GmbH & Cie. KG, Hamburg Südamerikanische Dampfschiffahrts-Gesellschaft KG, Maersk Line, Rickmers Shipmanagement and Zodiac Maritime Agencies Ltd., have joined forces to improve safety performance through collaboration.

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

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