Vijay Kamath, Senior Vice President and Chief Commercial Officer (CCO) at First Ship Lease Trust (FSL Trust), will depart the company October 4, 2013 to pursue other career opportunities.Mr. Kamath was responsible for new business development…
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8% in 2012. This compares with the 2.1% average rise in costs recorded for the previous year. There…
Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
TOP Ships Inc. an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three stock purchase agreements with an affiliate of the AMCI…
The fifth annual Iron Ore and Coal World Shipping Summit will take place on October 1 in Athens, Greece.The conference will focus on the maritime transportation of iron ore and coal, making an attempt to forecast the trends of global economy…
LR has issued an alert applicable to all shipowners & operators involved in the carriage of solid bulk cargoes: amendments to the International Maritime Solid Bulk Cargoes (IMSBC) Code will enter into force on 1 January, 2015, and may be implemented voluntarily from 1 January…
The future dry cargo vessel must be able to adjust quickly to changing transportation needs. The Finnish industrial production structure is anticipated to change and therefore maritime transportation ought to be tighter integrated to production chains…
Nautical Bulk Holdings Limited, a newly formed Bermuda-based dry bulk shipping company, has raised in excess of $100 million of equity capital to fund the construction of eight ultramax, eco-friendly vessels under construction by Jiangsu Hantong Ship Heavy Industry…
33rd Annual Event to be Hosted by Al Roker and Honor Joseph Pyne of the Kirby CorporationThe Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced that…
The largest vessels in the world will be moored in the port of Rotterdam in the next 7 days, thanks to the port's deep-draft facilities.On Friday 16 August, all attention will focus on the first visit of the Maersk Mc-Kinney Moller. With a capacity of 18…
Rickmers-Linie, the Hamburg-based specialist in the worldwide ocean transportation of breakbulk, heavylift and project cargo recently appointed an owner’s representative in Sao Paulo, Brazil. Mr Celso H B Pavao assumes the role as Owner’s Representative – South America…
A review of recent incidents has highlighted a failure of not only ship’s crew, but also charterers and shippers, to comply with the mandatory requirements of the International Maritime Solid Bulk Cargoes (IMSBC) Code.The IMSBC Code became…
Intertek will tackle the issue of mercury pollution across industries during the “International Conference on Mercury as a Global Pollutant” (ICMGP) in Edinburgh, Scotland, July 28 to August 2, 2013.Intertek will showcase expertise in detecting…
US exports have been relatively robust in a backdrop of a moribund global economy, but slowing growth means that President Obama’s ambitious plan to double outbound trade in five years will fall short.In his first State of the Union speech in January 2010…
Ports America issued a release stating that it has made several promotions within the company.Ports America promoted Steve Loevsky, formerly vice president-cruise operations division, to vice president operations – auto, ro-ro and cruise…