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The leading tanker major DHT is back in takeover mode with asset prices poised to fall, DHT preps to buy. The quarterly call of DHT Holdings (NYSE: DHT) was easy listening for its investors. Not so for stockholders of...
US conbulk shipping operator Westwood Shipping Lines has appointed Jack Mahoney as the new president and CEO of the company, reports Marine Link. He will be replacing Guy Stephenson who is retiring after 13 years in the role. VP of Automotive...
Korean shipyards replace Chinese rivals and retake the global top spot in July with LNG vessels, says an article published in Korean Investors. LNG newbuilds South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order...
A recently published article in the Insurance Business Magazine highlights what makes the maritime insurance industry click and how it functions to strengthen the world of seafarers. Maritime Insurance, the Connecting Thread A connecting thread between so many of those who...
Crane Worldwide Logistics has hired Brannon Kuykendall as chief information officer. The company aims to focus on technology, service, and people to drive business growth beyond 2020. CIO will focus on automated solutions that will be presented to clients around...
According to a recent news report in the Bloomberg, written by Claire Ballentine and Vildana Hajric, stocks are mixed and oil price rises most in almost three weeks. Stocks mixed U.S. stocks Most of the U.S. stocks were mixed.  This scenario prevailed...
According to a recent article published in Splash 247, law firm HFW research findings reveal that London continues to dominate the market for international maritime arbitration, accounting for more than 80% of all cases globally. HFW’s analysis Maritime arbitrations London handled London...
Diana Shipping Inc. Announces Time Charter Contract for m/v Melia with Ausca, reads a press release by the company. Time charter for Panamax dry vessel The gross charter rate is US$10,000 per day, plus US$500,000 gross ballast bonus, minus a 5%...
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced the formation of a new strategic joint venture (JV) with Wanhua Chemical Group (Wanhua), reports Tanker Operator. The aim...
According to a Business Insider report, millionaires are giving away a lot of their money but most of it is not reaching the people. What is it? When the foundation went public, there were 40 billionaires from the US who pledged...
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