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People & Company News

Vopak Expands Pengerang Terminal

Pic: Royal Vopak

 Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor in southern Malaysia.    PITSB will be expanded with 430,000 cbm to a total capacity of 1.7 million cubic meters.The expansion which is subject to final formalities,

Deschenes Joins Bouchard as VP

Christopher Deschenes has joined Bouchard Transportation Co., Inc. as Vice President of Maintenance and Repairs. (Photo: Bouchard Transportation Co., Inc.)

Bouchard Transportation Co., Inc. said that Christopher Deschenes has joined the company as Vice President of Maintenance and Repairs.   Prior to joining Bouchard, Mr. Deschenes served as a Project Engineer with Overseas Shipholding Group, Inc. as a member of the Worldwide Technical Service Group,

TOTE to Enter U.S.-Mainland-Hawaii Trade Route

Photo:  TOTE Maritime

 Transportation and logistics company TOTE announced its intention to establish a new domestic shipping service to Hawai’i.   The company is working with Philly Shipyard to construct four new environmentally advanced containerships, custom built for the trade. This week began conversations to secure

NORDEN Expands Tanker Fleet

Photo: NORDEN

 NORDEN is in the process of increasing its tanker exposure. The purpose is to take advantage of the business opportunities provided by the fluctuations of the cyclical market, said a communicaion from the company.   ”During the strong tanker markets throughout 2015 and the first half-year of 2016, NORDEN prioritised coverage.

Trade Across North Sea To Grow: DFDS

Photo: DFDS

 In spite of the ongoing Brexit discussion, DFDS continued to increase its volumes on the North Sea freight routes to and from the UK. Continued growth in the UK and EU economies is good news for all, said a press release from Northern Europe's largest shipping and logistics company.   DFDS' recently

DoJ Closes Vantage Probe Over Petrobras Deal

Photo: Vantage Drilling International

 Vantage Drilling International, announced  that it has received a letter from the United States Department of Justice (DOJ) acknowledging Vantage's full cooperation in the DOJ's investigation concerning possible violations by Vantage of the Foreign Corrupt Practices Act, and indicating that the DOJ has closed its investigation without any action.

Detyens Sees Uptick in International Repair Work

Photo: Detyens Shipyards, Inc

International vessels have been trading in the Port of Charleston, S.C. for centuries. While Charleston is the sixth largest container port in the U.S., it is also home to Detyens Shipyards, Inc (DSI). In the past several years, DSI has seen an increase in the number of dry dock inquiries and bookings from International vessel operators.

OI London Issues Final Call for Speakers

Marine science and ocean technology event Oceanology International 2018 has issued a public call for abstracts by September 15, 2017 for the opportunity of inclusion in its technical conference program line-up of speakers.   Technologists, scientists, engineers and experts in their field are invited

Aquabotix Names Curley CDO

UUV Aquabotix Ltd has appointed Ted Curley to the position of Chief Development Officer (CDO) of its U.S. subsidiary, Aquabotix Technology Corporation. Curley will be based in the Massachusetts office and his duties include overseeing all facets of the sales and business development functions.    Curley

Buzby Sworn in as Maritime Administrator

U.S Secretary of Transportation Secretary Elaine L. Chao administers the Oath of Office to Rear Adm. Mark H. Buzby, USN, Ret. as Maritime Administrator (L to R: Admiral Mark H. Buzby,  Gina Buzby and Secretary Elaine L. Chao) (Photo: MARAD)

Rear Adm. Mark H. Buzby, USN, Ret. has been sworn in as the Administrator of the Maritime Administration by U.S Secretary of Transportation Elaine L. Chao.   As Maritime Administrator, Buzby will lead the agency tasked with promoting the use of waterborne transportation and its seamless integration

Volvo Penta Names Ljungström VP of Finance, CFO

Lars Ljungström (Photo: Volvo Penta)

 Lars Ljungström has been appointed to vice president of finance and chief financial officer (CFO) for Volvo Penta of the Americas, effective July 2017.    Ljungström will provide strategic leadership over finance, planning, budgeting and reporting for North, South and Central America and the Caribbean.

Boskalis Acquires Subsea Survey Firm Gardline

(Photo: Royal Boskalis Westminster N.V.)

Netherlands based Royal Boskalis Westminster N.V. said it has acquired all shares of the U.K. based Gardline Group, a firm specializing in marine geophysical surveys, offshore geotechnical services and environmental surveys. The consideration paid including assumed debt amounts to approximately £40 million ($51.

Voices: Dr. Cleopatra Doumbia-Henry, President, World Maritime University

Dr. Cleopatra Doumbia-Henry, President, World Maritime University (Photo: World Maritime University)

To say that Dr. Cleopatra Doumbia-Henry is passionate about all matters surrounding maritime and seafarers is a bit of an understatement. Prior to taking the helm as president of the World Maritime University (WMU) two years ago, she served as the Director of the International Labor Standards Department

DSME Bounces Back with USD 1 Bln Profit in Q2

Photo: DSME

 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) said that its net profit reached 1.26 trillion won (USD1.1 billion) in the April-June period.   According to a report in Yonhap, it posted a profit for the second straight quarter in the second quarter, largely thanks to

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