Moore Stephens gets out the crystal ball
JANUARY 7, 2013 — International accountant and shipping consultant Moore Stephens predicts that banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further,
shipping
BIMCO looks at challenges ahead
JANUARY 4, 2013 – BIMCO has published Reflections 2013, which it calls “a concise, condensed and thought-provoking analysis of the challenges facing the shipping industry today and during the coming year.” It
Matson to acquire Reef Shipping assets
DECEMBER 26, 2012 — Matson, Inc. (NYSE: MATX) announced today that it has signed a definitive agreement to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company
Defense Authorization Act adds to Iran shipping sanctions
DECEMBER 18, 2012 — Sanctions against Iran’s maritime activities have found their way into the Fiscal Year 2013 National Defense Authorization Act Conference Report. Sanctions against these sectors are already strong and
Crowley makes senior leadership changes
DECEMBER 5, 2012 — Crowley Maritime Corporation has made changes to the senior leadership of its shipping and logistics business lines and has put their commercial marketing, sales, customer care and pricing
CIT Group launches maritime finance business
NOVEMBER 13, 2012 — Svein Engh has been appointed Managing Director and Group Head of CIT Maritime Finance, a new business launched by CIT Group Inc. (NYSE: CIT) to originate and underwrite
Inchcape’s Brazil unit celebrates tenth anniversary
OCTOBER 17, 2012 — Maritime services provider Inchcape Shipping Services (ISS) has celebrated the tenth anniversary of its operation, ISS Brazil, with a special event for customers and staff as business continues
New CEO for TransAtlantic’s Industrial Shipping Division
OCTOBER 9, 2012 — Heléne Mellquist has been promoted to CEO of Rederi AB TransAtlantic’s (STO:RABTB)(OMX: RABT) Industrial Shipping Division effective immediately. Ms. Mellquist joined TransAtlantic in January 2012 as CFO. Prior
DNV to carry out operations through three separate companies
As of March 1, DNV’s operations will be carried out through three separate companies: DNV Maritime and Oil & Gas, DNV KEMA Energy & Sustainability and DNV Business Assurance. Each company in
Saltchuk rebrands American Shipping Group as TOTE, Inc.
Saltchuk Resources’ American Shipping Group, formerly known as ASG, is now TOTE, Inc. and its five independently managed businesses have been reorganized into to three groups: Maritime, Logistics and Ship Management. TOTE