Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery.The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd…
The court order to have the megayacht arrested in the Port of Amsterdam had been obtained earlier by the designer Philippe Stark.The vessel, which reportedly cost over 100 million euros ($130 million) to build, was impounded after Starck…
Paragon Shipping Inc. raises US$ 10-million working capital in sale of newly-issued shares to an entity affiliated to its own chairman.The Paragon Board agreed to sell 4,901,961 newly-issued shares of the Company's common stock to an entity affiliated with Mr…
The Federal Mediation and Conciliation Service (US) calls meeting & parties in conflict over East Coast ports new contract agree to attend.Statement by FMCS Director George H. Cohen on East Coast Ports Labor Negotiations:“FMCS Director…
Twenty-two hostages seized by pirates nearly three years ago have been freed from the Panama-flagged 'MV Iceberg One'.Authorities in Somalia's semi-autonomous region of Puntland informed the BBC that their maritime force began the operation…
Wärtsilä's AQUARIUS® UV Ballast Water Management System (BWMS) has been granted Type Approval in accordance with the 2004 IMO Convention.This approval endorses Wärtsilä’s BWMS market entry and provides ship owners with greater cost effective…
UK Government announce its decision on international aviation and shipping emissions.Government will defer a decision on whether to include international aviation and shipping emissions in carbon budgets until the setting of the fifth carbon budget in 2016…
The International Chamber of Shipping (ICS), representing + 80% of the world merchant fleet, issues a new position paper on Arctic shipping.As the Arctic becomes more accessible, ICS has set out some key principles with regard to the future governance of Arctic waters…
Union activists in India & Sri Lanka inspected flag of convenience vessels at ports across South Asia to help improve seafarers’ pay & conditions.Riding on the success of the first staggered week of action in October, dockers’ and seafarers’…
Amver participating cargo ship CAP Domingo save 3 sailors & 1 dog from sinking 34-ft catamaran west of Jamaica.The crew of the catamaran activated their Emergency Position Indicating Locator Beacon (EPIRB) after their boat struck a submerged object and began taking on water…
U.S. Senator Robert Menendez pushes for approval of the $60.4 billion Sandy Recovery package now being debated in the U.S. Congress. Menendez took to the floor of the house of the Senate in response to criticisms being leveled by some Republicans…
Negotiations between International Longshoremen's Association & U.S. Maritime Alliance (USMX) broke off abruptly Tuesday afternoon.The union and management said they were going to discuss container royalties, payments that are made to longshoremen based on the weight of containerized cargo…
A new European Union regulation gives passengers travelling by water improved rights to assistance in cases of cancelled or delayed departures.Passengers travelling by water are set to enjoy improved rights to assistance in cases of cancelled…
The company is subject to the jursidiction of several courts, but restructuring is essential in order to avoid bankruptcy.The Company previously announced on 5 October 2012 that some of its subsidiaries which had obtained protective orders…
EU Naval Force Belgian Frigate 'BNS Louise-Marie' apprehends five suspected pirates off Somali coast.Directed to the scene by ship's helicopter, BNS Louise-Marie issued verbal warnings to the skiff whose crew quickly raised their hands.…