The Facilitation Committee, meeting this week (4-8 April), is expected to adopt mandatory requirements for the electronic exchange of information on cargo, crew and passengers as part of a revised and modernized annex to the 1965 Convention on Facilitation of International Maritime Traffic (FAL)…
The Sustainable Shipping Initiative (SSI) has called on the International Maritime Organisation (IMO) to show its true intent to reduce Greenhouse Gas emissions from shipping at the forthcoming Marine Environmental Protection Committee meeting (MEPC 69)…
U.S. Judge Carl Barbier granted final approval on Monday to BP Plc's civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states…
The wording of instructions can potentially widen the scope of liability for marine service providers, warned International Transport Intermediaries Club (ITIC), citing the recent case of a marine surveyor sued for €1.56 million for alleged poor onboard stowage of a cargo…
A group of 26 institutional investors has issued a summons against bankrupt Danish ship fuel supplier OW Bunker in the latest stage of a legal campaign for allegedly misleading them in its 2014 initial public offer (IPO). The investors had said last year they would sue Bunker…
With the help of Maritime New Zealand, maritime operators prepare to meet the requirements of the new Health and Safety at Work Act 2015 (HSWA) that came into force April 4, 2016. “Many maritime operators have a head start because they’ve entered the Maritime Operator Safety System (MOSS)…
Johan Sverdrup is by far the largest ongoing project on the Norwegian Continental Shelf for the next few years. Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by…
Russian tanker player Primorsk International Shipping has dropped its restructuring plans in favour of pushing through asset sales, reports WSJ. This is what Primorsk's lawyers told a bankruptcy court in Manhattan on Friday. Creditors have until Wednesday to object to the motion…
Israel has extended the distance it permits Gaza fishermen to head out to sea along certain parts of the coastline of the enclave, which is run by the Islamist terror group Hamas, reports Reuters. Fishermen in Gaza are now sailing further…
The U.S. Navy plans to conduct another passage near disputed islands in the South China Sea in early April, a source familiar with the plan said on Friday, the third in series of challenges that have drawn sharps rebukes from China.The exact…
The crew of the Coast Guard Cutter Charles Sexton, a 154-foot fast response cutter, repatriated 10 Cuban migrants to Bahia de Cabañas, Cuba, Friday.These repatriations are a result of two separate migrant interdictions at sea within the last week in the south Florida Straits…
Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14…
The International Transport Workers’ Federation (ITF) maritime coordinator Jacqueline Smith today described the Australian senate hearings into flag of convenience (FOC) shipping taking place in Canberra as raising “shocking concerns”. According to the ITF…
China Shipping Container Lines Co. posted a net loss of 2.9 billion yuan ($448.5m) in 2015, compared with profit of 1.04 billion yuan in 2014, the nation’s second-biggest container shipping company said in a statement. China Shipping in January had forecast a loss of 2…
China Shipping Development Company Limited (CSDC) achieved 34.95% higher profit for 2015 totaling in RMB417 million ($64.3 million) when compared to figures from 2014, mostly due to a very strong tanker market. The revenue was stable at RMB12…