Many nations are pushing for swift ratification of a Paris agreement to slow climate change and lock it in place for four years before a change in the White House next year that might bring a weakening of Washington's long-term commitment.More…
Navig8 Chemical Tankers has signed sale and leaseback agreements with China's Bank of Communications Financial Leasing (BCFL) for a quartet of medium range tankers. The for four 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding Co…
The Bureau of Ocean Energy Management (BOEM) is holding meetings to seek public input on the Draft Programmatic Environmental Impact Statement that analyzes potential impacts of oil and gas activities that could result from lease sales scheduled…
Frances Keeler, Senior Counsel, Clyde & Co US LLP, might not necessarily be your typical ‘maritime professional’ but what she does on a daily basis is no less important to the waterfront – and the environment – than, for example, anything the…
The Danish Energy Agency has awarded DEA Deutsche Erdoel AG two licences in Denmark. The concession area of about 530 square kilometres is located in the southern Central Graben in the western part of the Danish North Sea.The German upstream company DEA…
United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April. These initiatives…
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…