French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday.CMA CGM granted the Bollore group an option to sell it the logistics business…

Tom Godfrey, President & CEO of Colonna’s Shipyard, Incorporated (CSI), today announced the promotions of three executives from the company’s leadership team to new positions. Randall Crutchfield has been promoted to Executive Vice President and Chief Operating Officer (COO) and Jordan Webb…

A maritime industry safety group is calling for the total reinvention of lifeboats on board cargo vessels amid frequent injuries among seafarers.“Lifeboats are an essential part of crew safety onboard every vessel, but seafarers are way too often getting injured when launching the lifeboat…

A fuel contamination issue led to the grounding of a Washington State Ferries (WSF) vessel in April, the operator said in a recent update.The 440-foot double-ended Jumbo Class ferry Walla Walla was traveling from Bremerton, Wash. to Seattle…