Shipping companies

Crowley Awarded MARAD Vessel Acquisition Management Contract

Retrieved on: 
Wednesday, July 28, 2021

JACKSONVILLE, Fla., July 28, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).

Key Points: 
  • JACKSONVILLE, Fla., July 28, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).
  • Crowley's strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability.
  • To carry out the contract, Crowley will use a new, proprietary information technology system to assess, research and make purchasing recommendations.
  • After ships enter the fleet, Crowley will maintain and operate the vessels on behalf of MARAD.

Global Container Names Stephen Controulis As Chief Financial Officer

Retrieved on: 
Monday, July 19, 2021

Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.

Key Points: 
  • Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.
  • Steve is an accomplished C-Suite executive with significant experience in financial services, including more than 20 years in the container leasing industry where he was the Chief Financial Officer of Triton Container International Limited.
  • Most recently, Steve was the Chief Financial Officer of Solar Mosaic, a specialty clean-energy finance company.
  • Global Container International LLC is a Bermuda-based marine container leasing company with worldwide operations including offices or agency representation in the United States, Hong Kong, Shanghai, Singapore, Antwerp, Taipei, and Seoul.

Chemical Warehousing and Storage Market in Air Freight & Logistics Industry|Emerging Trends, Company Risk, and Key Executives|Technavio

Retrieved on: 
Monday, July 19, 2021

Buy our market report now to gain access to detailed analysis on the chemical warehousing and storage market: https://www.technavio.com/talk-to-us?report=IRTNTR70728

Key Points: 
  • Buy our market report now to gain access to detailed analysis on the chemical warehousing and storage market: https://www.technavio.com/talk-to-us?report=IRTNTR70728
    Chemical Warehousing and Storage Market 2021-2025: Vendor Analysis and Scope
    Some of the major vendors of the chemical warehousing and storage market in the Air Freight & Logistics industry include A.P.
  • Moller - Maersk AS, Agility Public Warehousing Company KSCP, Ahlers, ALFRED TALKE GmbH & Co. KG, Americold Realty Trust, BDP International Inc., C.H.
  • To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
  • Chemical Warehousing and Storage Market 2021-2025: Key Highlights
    Related Reports on Industrials Include:
    Global Chemical Logistics Market- The chemical logistics market is segmented by service (transportation, warehousing, and others) and geography (APAC, North America, Europe, MEA, and South America).

CGX Energy Provides Operational Update and Results of Annual General Meeting

Retrieved on: 
Monday, July 12, 2021

Toronto, Ontario--(Newsfile Corp. - July 12, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or "the Company"), today announced an update on the activities related to its offshore exploration blocks, deep water port project and on the results of the CGX Annual General Meeting.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 12, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or "the Company"), today announced an update on the activities related to its offshore exploration blocks, deep water port project and on the results of the CGX Annual General Meeting.
  • CGX and Frontera Energy Corporation ("Frontera") (TSX: FEC), the majority shareholder of CGX, and its joint venture partner (collectively, the "Joint Venture") in the Demerara and Corentyne blocks, also separately announced an update on activities related to the Corentyne block.
  • As previously announced, Kawa-1 will be drilled by the Maersk Discoverer, a sixth-generation semi-submersible currently working in Trinidad for another operator.
  • CGX Resources Inc., a wholly owned subsidiary of CGX and operator of the Corentyne block, has secured all necessary contracts for the drilling of Kawa-1 and is now commencing operational activities to meet the targeted spud window.

JinkoSolar Announces Strategic Cooperation Agreement with Maersk Shipping for End-to-end Transportation and Digitalized Logistics Solutions

Retrieved on: 
Friday, July 9, 2021

The two companies will jointly conduct multi-dimensional cooperation based on existing end-to-end transportation agreements, and explore in-depth cooperation in digitalized logistics services to provide clients with a range of comprehensive logistics solutions, and to create a green logistics ecosystem.

Key Points: 
  • The two companies will jointly conduct multi-dimensional cooperation based on existing end-to-end transportation agreements, and explore in-depth cooperation in digitalized logistics services to provide clients with a range of comprehensive logistics solutions, and to create a green logistics ecosystem.
  • Mr. Kangping Chen, CEO of JinkoSolar Co., Ltd., commented, "As an international container shipping company with integrated logistics capabilities, Maersk has been an important strategic partner for JinkoSolar since 2017.
  • We are very pleased to expand our strategic cooperation with Maersk, and deepen our resources to jointly develop flexible and convenient solutions to manage the current shortage of containers due to the pandemic and improve transport efficiency.
  • JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world.

Matson Announces Preliminary 2Q21 Results, Provides Business Update And Announces 2Q21 Earnings Call Date

Retrieved on: 
Thursday, July 8, 2021

HONOLULU, July 8, 2021 /PRNewswire/ --Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter earnings call date will be held on July 29, 2021.

Key Points: 
  • HONOLULU, July 8, 2021 /PRNewswire/ --Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter earnings call date will be held on July 29, 2021.
  • Currently in the Transpacific tradelane, supply chain congestion continues, and consumption trends remain elevated.
  • In Hawaii, we experienced elevated westbound freight demand as the state's tourism and economy rebounded sharply from the pandemic lows.
  • As a result, Matson expects second quarter operating income for Ocean Transportation of $197.0 to $202.0 million and Logistics operating income of $12.0 to $13.0 million.

Marubeni and Navigator Gas: World's First Carbon Neutral Ethylene Voyage

Retrieved on: 
Wednesday, July 7, 2021

LONDON, July 7, 2021 /PRNewswire/ -- Marubeni Corporation ("Marubeni") and Navigator Holdings Ltd. ("Navigator Gas"), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, today announce that they will achieve an environmental milestone with the world's first carbon neutral ethylene voyage.

Key Points: 
  • LONDON, July 7, 2021 /PRNewswire/ -- Marubeni Corporation ("Marubeni") and Navigator Holdings Ltd. ("Navigator Gas"), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, today announce that they will achieve an environmental milestone with the world's first carbon neutral ethylene voyage.
  • Marubeni and Navigator Gas will ensure this voyage is carbon neutral through offsetting the CO2 emissions[1] from the voyage by investing in an environmental project in Cambodia designed to reduce emissions from deforestation and forest degradation.
  • Due to the increasing customer requirements for low carbon and carbon neutral solutions, Marubeni intends to further develop this service for its customers.
  • "We are happy to achievethefirst ever carbon neutral ethylene voyage together with Navigator Gas.

Boiler, Tank, and Shipping Container Global Market Report 2021-2025 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 6, 2021

The "Boiler, Tank, and Shipping Container Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Boiler, Tank, and Shipping Container Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global boiler, tank, and shipping container market is expected to grow from $182.
  • Western Europe was the largest region in the global boiler, tank, and shipping container market, accounting for 31% of the market in 2020.
  • Asia Pacific was the second largest region accounting for 30% of the global boiler, tank, and shipping container market.

Crowley Appoints John Claybrooks as Chief Marketing Officer

Retrieved on: 
Thursday, July 1, 2021

JACKSONVILLE, Fla., July 1, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation has appointed John Claybrooks to the newly created position of chief marketing officer, leading the company's strategic marketing and communications to enhance and differentiate the Crowley brand across its worldwide services.

Key Points: 
  • JACKSONVILLE, Fla., July 1, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation has appointed John Claybrooks to the newly created position of chief marketing officer, leading the company's strategic marketing and communications to enhance and differentiate the Crowley brand across its worldwide services.
  • In this new role, Claybrooks leads allmarketing and communications functions for the global enterprise, including the harmonization of integrated marketing and communications for all business units and geographies.
  • Claybrooks, who is based in Jacksonville, Fla., is a seasoned marketing and communications professional.
  • Claybrooks comes to Crowley from Schneider, where he served as the vice president of marketing and corporate communications.

International Seaways to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on June 29th, 2021

Retrieved on: 
Monday, June 28, 2021

International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.

Key Points: 
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.
  • International Seaways owns and operates a fleet of 36 vessels, including 11 VLCCs, two Suezmaxes, four Aframaxes/LR2s, 13 Panamaxes/LR1s and 4 MR tankers.
  • Through joint ventures, it has ownership interests in two floating storage and offloading service vessels.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.