In June 2015 the IMO’s Maritime Safety Committee adopted Resolution MSC.393(95) and amendments to the International Maritime Solid Bulk Cargoes (IMSBC) Code. Administrations may choose to apply the amendments on a voluntary basis from 1 January 2016…
Hong Kong is to establish a new government body - Hong Kong Port and Maritime Board - this year that oversees the local maritime sector, in a bid to enhance the city’s shipping sector. Hong Kong's chief executive Leung Chun-ying in his…
NOIA President Randall Luthi issued the following statement following President Obama’s 2016 State of the Union Address: 'The President missed a golden opportunity to promote a broad-based energy policy consisting of both traditional and non-traditional sources of energy…
GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015…
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port, gaining a key foothold to expand China's economic and military presence in Europe and Africa under the 'One Belt…
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m)…
BP plans to cut 4,000 jobs in upstream operations, 600 in North Sea.British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.It said it aims to reduce its global oil production…
A complete package of training materials on IMO’s energy efficiency requirements is now available to download free of charge from the IMO website. The package, including presentations, posters, exercises and assignments, will be of interest…
Keppel Telecommunications & Transportation Ltd (Keppel T&T) is pleased to announce the appointment of Mr Wong Wai Meng as its Chief Executive Officer, Keppel Data Centres with effect from 18 January 2016.As CEO of Keppel T&T's data centre division…
Beach Energy Ltd has appointed Matthew Kay as its new Chief Executive Officer, effective July 17, 2016 or such earlier date as is available and mutually agreed.Kay holds tertiary qualifications in economics and a Master of Business Administration…
A new concept in ship propulsion developed by Caterpillar has triumphed at the 17th annual Platts Global Energy Awards in New York. Winning the Commercial Application of the Year category, the twin fin system secured the prestigious award…
An Indian court on Monday sentenced crew members of a private American ship, including 25 foreigners, to five years in prison for illegal possession of arms in Indian waters in a verdict that could spark diplomatic tension.The crew, which included foreign nationals from Ukraine…
French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner, reports Business Times…
The French State has implemented new provisions regarding tax exemptions on commercial vessels of at least 15 meters in length, including yachts. The provisions came into force on the 1st January 2016. These provisions can be found in…
The “Rules and Regulations for Construction and Classification of Indian Coast Guard Ships”, developed by the Indian Register of Shipping (IRS) were formally released by the Director General Indian Coast Guard, Vice Admiral HCS Bisht AVSM…