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Lim Ki-tack, president of Busan Port Authority (BPA), has been elected as the next secretary general of the IMO.

The secretary general of the International Maritime Organisation (IMO), Koji Sekimizu, and director general of the International Organisation for Migration (IOM), William Swing, have restated their commitment to tackling migration crisis in the Mediterranean.

Sevan Marine has employed a law firm to investigate claims that a former manager and agent at the firm was involve in corruption in Brazil.

GC Rieber Shipping has secured a total of $225m of financing on five of its ships with a group of six lenders.

APM Terminals Yokohama has held onto the top spot in JOC's 2014 global container terminal productivity rankings with 186 moves per hour (MPH).

Daewoo Shipbuilding & Marine Engineering (DSME) has put on hold its plans to acquire STX France, according to DSME ceo Jung Sung-Leep.

Nippon Yusen Kaisha Line (NYK) has announced a new service between South America's East Coast and Asia, due to start in July.

Nordic American Tankers (NAT) has no plans to drastic changes to its fleet size, even as tanker rates remain high in the second quarter.

Norden has raised its EBIT forecast for 2015 to $50m-$90m as its tanker and dry bulk fleets perform better than expected.

Odfjell has agreed to sell the last three of its vessels serving the European short sea market.

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