As widely reported in the maritime press, the United Kingdom's Supreme Court has granted an expedited hearing to Product Shipping & Trading's case against the collapsed OW Bunker (the Res Cogitans). The hearing will take place on 22 March…
Steady growth recorded by Maritime Cook Islands for 2015; Flag continues to thrive with more owners placing their faith in the registryMaritime Cook Islands (“MCI”), the leading ship registry, registered an 11% growth in the fleet last year with 201 new vessels…
The Chennai Port Trust has signed a fresh memorandum of understanding with the Port of Zeebrugge (Belgium), reports the Hindu. 'Belgium is working towards getting an agreement between the ports of Zeebrugge in Belgium and the port of Chennai…
The Islamic Republic of Iran and Switzerland signed on Sunday a memorandum of understanding (MoU) on expansion of shipping and sea transport cooperation, Irna reported. Iran’s Ministry of Roads and Urban Development in a statement said…
The European Union fears Mediterranean migrant smuggling gangs are reviving a route from Egypt, officials told Reuters, putting thousands of people to sea in recents months as they face problems in Libya and Turkey.'It's an increasing issue…
THE International Federation of Freight Forwarders' Associations (FIATA) has called for enhanced communication from container shipping lines ahead of the deadline by which new IMO regulations requiring verification of a freight container’s gross mass become mandatory…
The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall shifted direction on Friday, as the Coast Guard wrapped up its initial public hearings on the accident that killed all 33 people onboard. The…
Cyprus has announced the names of successful bidders who will undertake three sectors of operations at the eastern Mediterranean island's primary port of Limassol. The first – comprising Germany’s logistics company EuroGate International…
John K. DeCrosta will serve as the Federal Maritime Commission’s (FMC) Senior Advisor for Legislative and Public Affairs, announced FMC Chairman Mario Cordero. The position reports directly to the Chairman and coordinates all legislative and public affairs activities throughout the Commission…
AkzoNobel has announced the issue of more than 126,000 carbon credits worth more than $500,000 – the first to be awarded under the company’s landmark scheme for the shipping industry – which was developed in conjunction with the Gold Standard Foundation and the Fremco Group…
CMA CGM acquisition target Neptune Orient Lines (NOL) has made all necessary anti-trust filings and expect that the approvals will come sometime in the middle of 2016. NOL group president and chief executive Ng Yat Chung said NOL, which…
The German shipping line Hapag-Lloyd posted an operating profit of €366m ($406m) in 2015 compared with a loss of €382m a year earlier. The ocean carrier, which merged with the container arm of Chile’s CSAV in late 2014, reported revenue of $9…
The Sustainable Shipping Initiative (SSI) is calling on the wider industry to embrace new finance models to fund clean tech upgrades and back calls for a new international framework for tackling shipping emissions. SSI has announced the…
India’s biggest private port operator Adani Ports and Special Economic Zone (APSEZ) is actively looking at acquisitions to complete its “string of pearls” ports strategy, reports Livemint. CEO Karan Adani is leading the drive, it adds. In India…
International accountant and shipping adviser Moore Stephens has warned that shipping sector employers need to take action to ensure that they meet their compliance obligations following a recent ruling by the High Court in London that peripatetic ships’ crew living in the UK…