[ad_1] Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announced they have appointed Jim Marcotuli as CEO...
[ad_1] MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC for the time charter contracts of two LNG carriers. Each of the LNG carriers will respectively serve the transportation needs of ExxonMobil’s worldwide LNG portfolio...
[ad_1] Nigeria has been recognized globally as a reputable maritime nation with over 8,000 kilometers of navigable inland and coastal channels, as well as its fresh water lakes. However, it is struggling to strengthen its maritime sector with modern maritime architecture capable of boosting the...
[ad_1] Private equity investor Vaaka Partners has become the majority shareholder of Foreship LTD, a Finnish company specializing in ship design and engineering. With headquarters in Helsinki, Finland and more than 100 naval architects and marine engineering experts on board, Foreship is a market leader...
[ad_1] The digital transformation train is leaving the station and maritime companies need to get onboard now or risk missing the trip! “Digitalization brings great benefits and has the potential to create greater equality in the world”, said Nabil Ben Soussia, IEC Telecom’s Vice-President Maritime. “The...
[ad_1] [By Captain James L. McClane (ret.) and Captain Kevin Eyer (ret.)] It is entirely possible that the enormous superstructure of the U.S. Navy is actually working against maintaining an effective Fleet. We seem to be mired in a time in which counterproductive institutional incentives and dynamics...
[ad_1] The recent publishing of our fifth annual Human Rights at Sea report on October 1, 2019 was another milestone in being able to publicly disseminate examples of the charity’s work, scope, current reach and increasing influence. Delivered on a surprisingly small budget, we are tackling...
[ad_1] ONE SEA, the industry alliance whose primary aim is to lead the way towards an operating autonomous maritime ecosystem by 2025, has appointed Riku-Pekka Hägg as Chairman of its Management Board. Hägg, who will oversee ONE SEA while retaining his current role as Vice President,...
[ad_1] Hurricanes form over the ocean, often beginning as a tropical wave - a low pressure area that moves through the moisture-rich tropics, possibly enhancing shower and thunderstorm activity. Hurricanes are powerhouse weather events that suck heat from tropical waters to fuel their fury. These violent...
[ad_1] France-based company Traxens has led the development of the first standards for smart container data exchange now published by the United Nations Centre for Trade Facilitation and Electronic Business. Although many smart containers are already in use, there are no global standards in place to...
