Change at the top at Hamburg Süd
HAMBURG Süd chief commercial officer Poul Hestbaek will be CEO of the Maersk-owned shipping company as executive Arnt Vespermann steps down after more than 20 years with the...
Stolt Tankers appoints new CFO as it eyes IPO
STOLT Tankers has appointed Emile Hoekstra as the new chief financial officer, effective from 15 February. Stolt Tankers president Lucas Vos said Mr Hoekstra’s appointment is an...
Australia’s first barley shipment to Mexico worthy of a toast
AUSTRALIAN barley is heading to a significant new market this month after the nation’s biggest grains exporter, CBH Group, signed a deal to ship 35,000 tonnes of malting barley to...
Air cargo demand plummets in 2020: IATA
THE INTERNATIONAL Air Transport Association said demand for air cargo decreased by 10.6% in 2020 compared with 2019. IATA said this was the largest drop in year-on-year demand...
Wallenius Wilhelmsen convicted and fined for criminal cartel conduct
WALLENIUS Wilhelmsen Ocean was convicted of criminal cartel conduct in the Federal Court on Thursday (4 February) in a case prosecuted by the Commonwealth Director of Public...
Ammonia changes the game in the maritime sector: report
A NEW report from a US-based consulting company explores the business risks that flow from the International Maritime Organization’s most recent sulphur and GHG emissions...
Platform publishes list of ships dismantled in 2020
ACCORDING to new data released by the NGO Shipbreaking Platform, 630 ocean-going commercial ships and offshore units were sold to the scrap yards in 2020. Of these vessels, 446...
Abandoned seafarers on hunger strike at Kuwaiti port
SEAFARERS onboard the MV Ula bulk carrier, in the port of Shuaiba, Kuwait, have been refusing all food since 7 January, saying they cannot eat while their families back home go...
Bulker breaks up in Black Sea
The MV Arvin sank in heavy weather off the coast of the Turkish province of Bartın. According to the Turkish government-run Anadolu Agency, rescue workers saved six of 12 crew...
Pathway for logistics sector to reduce enviro impact
THE logistics sector tackled multiple challenges in 2020 while simultaneously meeting a boom in delivery volumes, thanks to an increase in online purchases. A new and growing...
PIL creditors approve debt restructuring plan
PACIFIC International Lines’ plan to restructure its debt was approved by the requisite majority of shareholders, which, it says, demonstrates broad commitment across all creditor...
Geodis acquires Pekaes
GEODIS has finalised its acquisition of the Polish logistics company Pekaes after obtaining regulatory approval. Geodis CEO Marie-Christine Lombard said she was pleased with the...
AAL commits resources to Europe-Asia liner service
AAL Shipping is marking the one-year anniversary of its Europe–Middle East/India–Asia Monthly Liner Service with a long-term commitment to employing six mega size (30,000+ DWT)...
K LINE to share operational data
KAWASAKI Kisen Kaisha Ltd. and Ship Data Center Co. have agreed to share operation data of all K LINE fleet equipped with Kawasaki Integrated Maritime Solutions through IoS Open...
OPINION: Underwriters' view of the lessons of 2020
By Paul Jennings WITH COVID-19 testing improving and vaccine roll-out accelerating, there is much to feel hopeful about in 2021 for a maritime industry learning from its 2020...
