Chief Executive of the Baltic Exchange stands down

Chief Executive of the Baltic Exchange Jeremy Penn is standing down after more than 12 years in the role. The Baltic Exchange has announced that it will be looking for someone to take over Mr Penn when he leaves next summer. He said: “It has been a privilege to work for the interest of the Baltic, its members and […]

Wilhelmsen Ship Service signs deal with Timm AS.

Wilhelmsen Ships Service (WSS) has signed a definitive agreement to acquire rope manufacturer TIMM AS. Timm is a leading provider of high performance ropes worldwide with five distribution hubs. The company has been in business for more than 240 years and has gained a firm foothold in the merchant fleet, especially in the European market. The […]

Icebreaker Vladivostok hoists the flag

Russian Maritime Register of Shipping (RS) has participated in the official ceremony of hoisting the RF national flag on a new diesel-electric icebreaker Vladivostok of project 21900 М. The ceremony was held on Wednesday at Naberezhnaya Leitenanta Shmidta, St Petersburg in the frame of the International Maritime Exhibition and Conferences of Russia – NEVA 2015. […]