A few months ago the Essar Group from India decided to buy back the shares from her daughter company Essar Ports Limited (EPL). Port of Antwerp International (PAI), the international consulting and investment subsidiary of Antwerp Port Authority…
Danos announces the hiring of Marc Distefano, John Danos and Jack Roszelle to leadership positions with the company. “We welcome Marc, John and Jack to the Danos team,” said CEO and President Hank Danos. “Their expertise and experience…
Classification society ClassNK has issued Statements of Compliance (SoC) to two ship recycling facilities in Gujarat, India, Shree Ram Vessel Scrap Pvt. Ltd and Leela Ship Recycling Pvt. Ltd, verifying that the facilities are in line with the…
Global marine terminal operator DP World has agreed to a set of 11 principles designed to help tackle the US$ 19 billion illegal wildlife trade.In a groundbreaking meeting in London last week, members of the United for Wildlife International…
International shipping groups remain divided over how to reduce carbon emissions after being left out of the climate-change pact reached over the weekend in Paris, reports WSJ. The International Chamber of Shipping (ICS), representing the global shipping industry…
A federal grand jury in Greenville, North Carolina, has returned a nine-count indictment charging two engineering officers employed by Oceanfleet Shipping Limited with crimes relating to the illegal discharge of oily wastes directly into the sea…
The global shipping industry, represented by the International Chamber of Shipping (ICS) throughout the United Nations Climate Change Conference, greatly welcomes the ‘Paris Agreement’, adopted unanimously on 12 December by 195 nations. The…
The International Association of Classification Societies (IACS) has created a Cyber Panel to lend support and resources to address what has become a key industry issue.IACS panels represent the top tier of the Association's issue-specific bodies…
According to the Independent, oil tankers owned by Bilal Erdogan, son President Erdogan, has involved in the illicit oil trade with Islamic State (ISIS). The ships are registered in Malta and all fly the Maltese flag. Russia's allegations…
Shares of Cosco Group and China Shipping have taken a hammering on the stock markets as two major companies lost about $900 million in total market value after the government proposed combining its two key ocean liner groups, reports Bloomberg…
CMA CGM SA has bought about 3.68 million shares of Singapore-based Neptune Orient Lines (NOL) on the open market at S$1.22 per share. The shares purchased make up 0.14 per cent of NOL's issued share capital, reports Straits Times. The purchase…
Bulkcarrier investors are generally an optimistic lot, with little time for pessimistic analysts, says a research report by Clarksons. They know that however gloomy the forecasts, some time they will make a nice profit. After all, the ships last 30 years…
Time has come for most shipowners to apply for renewal of Bunker, CLC, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). Certificates must be renewed when the underlying insurance expires. Ships subject to…
The Arleigh Burke-class guided-missile destroyer USS Gonzalez (DDG 66) participated in a bilateral passing exercise (PASSEX), Dec. 11, with the Turkish Navy.PASSEXs are conducted to improve maritime capabilities between the U.S. Navy and other naval forces…
With the SOLAS Convention now requiring container weight verification from 1st July 2016 onwards following the amendment approved by the International Maritime Organization (IMO) last November, the Company of Master Mariners of India (CMMI)…