August 6 - The chief executive of STX Pan Ocean Co, Duk Soo Kang has resigned.
The embattled company has announced that the new composition of its Board of Directors is Chun Il Yu (deputy president and chief executive officer and executive director; Dong Moo Choi (independent director); Yun Jae Baek (independent director) and Joon Woo Han (independent director).
The shipping company has been under court receivership since June amid a deepening liquidity crisis.
Günther Siemens will take over the role of managing director at Briese Chartering effective January 1, 2025.
The introduction of the FuelEU Maritime regulation marks a significant shift in decarbonisation compliance for the shipping industry. With stricter greenhouse gas intensity requirements taking effect in January 2025, BIMCO’s newly launched FuelEU Maritime Clause for Time Charter Parties 2024 provides contractual clarity.
China’s Protranser delivered an energy storage cabinet weighing 48 tonnes from Qingdao, China to Iraq.
Silk Way Alat Free Economic Zone Company (SW AFEZCO) has signed a design and build agreement with Modern Construction Group for the development of the Silk Way Cargo Village.
Heerema Marine Contractors’ (HMC) motion compensated gripper frame has been loaded out ahead of installation aboard its heavy lift vessel Thialf.
Amasus Shipping has launched its offshore wind ro-ro vessel, Rotra Futura, at Jiangsu Zhenjiang Shipyard in China.
