Latest News - page 1271


Seafarers’ Charity Aids Crew of Grounded MV Benita

Jun 23, 2016

A seafarers’ charity in Mauritius has been providing pastoral support to the crew of a bulk carrier which ran aground off the country’s southern coast.  Apostleship of the Sea (AoS) Port Louis chaplain Fr. Jacques-Henri David has been visiting…

Skou Replaces Andersen as Maersk CEO

Jun 23, 2016

Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007.Soren…

InterManager Welcomes Seafarers Awareness Week

Jun 23, 2016

InterManager, the international trade association for in-house and third party ship management, is giving its full support to this week’s Seafarers Awareness Week (20-26 June), co-ordinated by Seafarers UK. “Maritime Jobs for Future Generations” is the theme…

TEN Sends New Aframax Tanker to Work for Statoil

Jun 23, 2016

Tsakos Energy Navigation Ltd. (NYSE:TNP) has taken delivery of the aframax tanker Elias Tsakos, part of the 15-vessel newbuilding program and the first of the nine assigned for the Statoil long-term business. The vessel was delivered from…

Slowing Shipping Fleet Growth to Ease Officer Shortage - Drewry

Jun 23, 2016

Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.The global shipping fleet – encompassing all sectors except the non-cargo carrying ship types…

Viscometer Helps Coating Process

Jun 23, 2016

Oxfordshire based Chiltern Connections specialist is a provider of conformal coating machines and associated solutions for a wide range of industrial customers. Applications for their coating machines are generally highly specialised and a means…

Demand for Helm CONNECT Software Soars ahead of Subchapter M

Jun 23, 2016

Helm Operations  signed on more than 50 commercial maritime companies to its  maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M. Helm CONNECT’s customers come from a variety of commercial maritime industries…

ECB Reviews Shipping Loans

Jun 23, 2016

European Central Bank (ECB) kicked off a review into the risks of banks’ shipping exposure, Reuters reported. ECB is conducting an in-depth review of banks’ exposure in shipping amid rising provisions for bad debt in an industry still mired in crisis…

Tracking Global Piracy Trends

Jun 23, 2016

Piracy has existed since the conception of shipping, and pirate attacks on vessels continue to disrupt trade, raising vessel security concerns and impacting the operation and insurance costs for ships, says Clarkson Research Services. The…

HMM in Talks to Join 2M Alliance

Jun 23, 2016

Maersk and MSC have initiated meetings with Hyundai Merchant Marine (HMM) to discuss the South Korean carrier joining the 2M alliance, says local media reports. According to Korea Herald,  Korea’s second-largest shipping company is considering joining the 2M Alliance…

Negative Outlook for Global Shipping Industry: Moody’s

Jun 23, 2016

Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative. 'The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply…

Maersk Line's Remote Control Management

Jun 23, 2016

One of Maersk Line's  innovations turns the reefer container into a digitally connected device! 'At Maersk Line, we’re always looking for ways to improve cargo care on behalf of our customers. As the world’s biggest container shipping company…

Greece's Competition Commission Okays OLP-COSCO Deal

Jun 23, 2016

The Competition Commission approved the sale of a majority stake in Piraeus Port (OLP) to China’s COSCO during its meeting on Wednesday, saying it is in line with Greek competition laws. According to Greek national news agency AMNA, the…

Maritime Security Experts Weigh in on West Africa

Jun 22, 2016

Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa Maritime operations in West Africa are affected by threats from piracy and other maritime crime…

Win-Tron Promotes Bench to National Sales Manager

Jun 22, 2016

Gerald “Jerry” Bench II has been appointed to the position of National Sales Manager at Win-Tron Electronics, announced company president, Eddie Winder. Bench will report directly to Winder, and his new responsibilities will encompass management…

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