Police in South Korea have raided Polaris Shipping's offices in Seoul and Busan. Investigators are hoping to find new information concerning the cause of the tragic accident in April in which the carrier's vessel, Stellar Daisy, sank in the South Atlantic.
A 38-year-old crew member from the Philippines has been killed in an accident on board Norden vessel Nord Quebec when the ship berthed at Troi-Riviéres in Canada. The Canadian authorities are investigating the accident.
Pacific Basin has hired a new CFO who is joining the company from tanker carrier BW Pacific. He has a background in the finance sector and will start in his new position in August when the current CFO steps down.
US-based multi-purpose carrier Intermarine, which merged with Scan-Trans in 2012, has changed its business model and now holds the sector's largest orderbook. Too much poor tonnage in the market, says Ask Michael Munck, Managing Director Worldwide Chartering Services, Intermarine, in an interview with ShippingWatch.
One of APM Terminals' largest investments, the acquisition of Spanish Grup Maritim TCB, has yet to bring in major gains. This is evident from the annual report for the Maersk family's investment company A.P. Møller Holding, which has had to cut its dividends in half after a tough year for the Maersk Group.
"We were too slow," says DFDS' VP of Communications, Gert Jakobsen, about the case in which the Danish carrier was accused of wage dumping earlier this year. Crisis management is just one of the purposes of communication in the maritime sphere.
The major Finnish supplier has established a new digital division. New people have been hired and 400 current employees from other divisions have been transferred to the division, which will focus in particular on cyber crime.
Since the first generation of larger container vessels hit the water in 2012, things have only gone one way for the number of weekly departures on major routes. SeaIntel has reviewed how many departures the major vessels have cut from their schedules.