Following is the statement of FMC Commissioner William P. Doyle follows:We do not take our hands off the wheel just because an agreement is allowed to go into effect without the Commission taking any further action to delay the implementation of the agreement…
Recognising that effective leadership and collaboration are fundamental elements in the future success of the maritime industry, Europort 2015 will feature a series of masterclasses as part of this year’s conference programme. Each masterclass…
Broadband Satellite Services Ltd (BSS), parent company of satellite communications provider Satcom Global and marine engineering firm AND Group, has received a $10m investment from UK based organisation, Business Growth Fund (BGF).This…
Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens saysShipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been…
Inchcape Shipping Services (ISS) has advised that the Bosphorus Strait in Turkey will be closed in both directions on 10 July between 06:00-14:00 approximately due to ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge)…
P.Sudhakar, Chairman & Managing Director, Electronics Corporation of India Limited (ECIL) handed over a critical homeland security system - Radiological Detection Equipment (RDE) to Neeraj Bansal, Chairman In charge, Jawaharlal Nehru Port (JNPT)…
Nantong Mingde Heavy Industry (NMHI), a subsidiary of the financially troubled shipbuilder Jiangsu Sainty Marine Corporation, has missed the June 26 deadline to submit its restructuring plan to the Nantong People’s court. In other words…
The Egyptian Natural Gas Holding Company (EGAS) signed an initial agreement with Russian company Rosneft to supply oil products and liquefied natural gas (LNG) shipments. The document defines key terms of the future cooperation between the companies in the area of LNG supplies…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today the completion of the Captain Jimmie H. Hobaugh Coast Guard Community Center. The…
IRClass Academy of the Indian Register of Shipping (IRS) signed a Memorandum of Understanding last month with Lloyd’s Maritime Academy (LMA) and IBC Academy (IBCA) that are part of Informa PLC in the UK. The objective of this collaboration…
Hyundai Heavy Industries announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE), a leading industrial gas turbine maker, and has secured Approval in…
With a new resolution, United Nations' International Maritime Organization (IMO) stresses the need for better regulation and fewer administrative burdens for the benefit of seafarers, shipowners and administrations alike.At the IMO Council meeting held last week…
APL was the most reliable carrier with a global on-time performance of 85.5% in May 2015, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis. The report, which ranks the performance of the top 20 carriers…
At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework Agreement on cooperation in the area of small scale LNG was signed by the two parties…
GB Group inaugurated their Port Lafito, a world-class modern container port in Haiti. They informed that the port is now open and operational.Port Lafito is Haiti’s first Panamax Port with state of the art equipment and technology. The multi-million dollar project…