Latest News - page 1427


Green Groups Urge Arctic Council Urged to Ban HFO

Feb 02, 2016

Environmental groups want the eight countries that ring the North Pole to take a stand on banning the use of heavy fuel oil (HFO), considered one of the greatest threats to the Arctic ecosystem, reports  Canadian Press. The use of heavy…

Four-star General Visits SUNY Maritime College

Feb 01, 2016

General Darren McDew, commander of the U.S. Transportation Command, visited State University of New York Maritime College February 1. During the visit McDew toured the campus and Maritime College’s Training Ship Empire State VI, where he…

Former Petrobras Exec Sentenced over Vantage Drilling Contract

Feb 01, 2016

A Brazilian judge sentenced the former head of state-run oil company Petrobras' international division to 12 years and two months in jail for corruption and money laundering on Monday, part of the country's largest-ever graft investigation. Federal…

IMarEST Campaign Aims to Support Seafarers

Feb 01, 2016

The Institute of Marine Engineering Science & Technology (IMarEST) has launched a campaign aimed at supporting seafarers in developing skills and demonstrating competencies. The campaign raises awareness of options available to seafarers…

Fitch Ratings Appoints Head of EMEA Infrastructure Group

Feb 01, 2016

Fitch Ratings today announced the appointment of Ian Dixon as Managing Director and Analytical Head of the EMEA Infrastructure & Project Finance Group. Dixon will join Fitch Ratings on February 10, based in London.  In this role, Dixon will oversee ratings coverage of the energy…

Has the Oil Price Hit the Low Point?

Feb 01, 2016

There are questions whether the low oil price is benefiting South Africa. ICE Brent spot price is trading around $30, the lowest level in 12 years, seen in the context of market surplus. The December meeting in which OPEC failed to set a total…

Safety Milestone for Maydon Wharf Infrastructure Upgrade

Feb 01, 2016

Transnet Capital Projects (TCP) – which is overseeing Transnet National Ports Authority’s project to reconstruct the quay walls and deepen berths at Maydon Wharf – recently achieved a safety milestone of 1,000,000 man hours without a lost time…

China to Implement Emission Control Measures

Feb 01, 2016

The Chinese Ministry of Transport has announced that from April 1, 2016, vessels ‘at berth’ at the core ports in the Yangtze River Delta (YRD) emission control area (ECA) must use fuel oil containing 0.5 percent sulphur or less. These core ports are Shanghai…

Polarcus Announces Further Job Cuts

Feb 01, 2016

Marine geophysical company Polarcus announced it will implement further measures to cut costs, including additional headcount reductions and changes to the executive management team. The expanded cost reductions are part of a longer term…

SMM Hamburg Opens the Door for Iran

Feb 01, 2016

For the first time after the end of the trade sanctions, Iran will be represented by a national pavilion at international maritime trade fair SMM Hamburg. “An industry fair is a great platform for building new relationships and getting to know each other…

More than 100 Graduate from SUNY Maritime

Feb 01, 2016

More than 100 students crossed the stage to receive their degrees at State University of New York Maritime College Jan. 29.  Graduates represent 15 fields of study, a quarter of them at the graduate level. More than 60 of them will also graduate with U…

STCW 2010 - Employers Need to be Ready, Says ICS

Feb 01, 2016

The transitional period for the 2010 amendments to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW 2010) comes to an end on 1 January 2017.  To prevent last minute certification ‘logjams’…

Shipping Lawyer, Lovell Joins Reed Smith

Feb 01, 2016

Global law firm Reed Smith has announced the arrival of market-leading admiralty and casualty response lawyer, Richard Lovell, as a partner in the firm’s Singapore office. Richard joins Reed Smith from Ince & Co, where he was head of shipping and managing partner of the firm’s Singapore office…

What if Shippers Miss Weight Rule Deadline?

Feb 01, 2016

It seems increasingly unlikely that all shippers will be ready to meet their new verified gross mass obligation in July. What impact will this have on supply chains?  Drewry has previously alerted exporters and importers of the lack of…

VARO Energy Takes Full Control Over Hydrocarbon Hotel Tankstorage Terminal

Feb 01, 2016

VARO Energy, a growing downstream player in the North West European-market, today announced that the group has completed its acquisition of Hydrocarbon Hotel (HCH), a modern hydrocarbon product blending and storage terminal in the port of Amsterdam from Blue Ocean Associates Ltd (BOA)…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News