The International Maritime Organization (IMO) has published revised guidelines for onboard operational use of shipborne automatic identification systems (AIS), as Resolution A.1106(29). These are operational guidelines, developed to promote the safe and effective use of AIS…
The Nigerian Navy has foiled an attempt by suspected pirates to hijack and abduct 25 foreign nationals aboard a container ship operated by A.P. Moeller-Maersk A/S carrying general cargo to Nigeria with 25 sailors on board, say local media. Executive…
Shipping impacts the world in many positive ways by enabling trade around the world, But despite all the positive impacts, you also have negative impacts, especially environmental impacts, CNBC quoted as Mads Stensen, global sustainability manager at Maersk saying…
Cyprus shipping sector has evolved in the recent years as one of the leading sectors of the economy and “navigates” Cyprus to economic recovery, President of the Republic Nicos Anastasiades stressed says a report by CNA. President Anastasiades…
The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions, says BIMCO. 2016 has shown no improvements so far and prospects for the rest of the year are not looking promising…
Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited resigned on December 28, 2015, the Company’s Board of Directors was comprised of two Class II directors…
The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry, says a report in the WSJ. The merger will free the…
Recently, the World Health Organization designated the Zika virus as a global public health emergency. This has prompted questions from the maritime industry regarding reporting requirements for any vessel crewmembers or passengers who may be exhibiting symptoms of the Zika virus…
The Nautical Institute and CIRM (the principal international association for marine electronics companies) today launched a joint initiative to improve the usability of navigation and communication technology on board ships.Speaking at the International e-Navigation Underway Conference today…
The worst dumper prize goes to IDAN OFER, son of shipping magnate Sammy Ofer. Idan Ofer owns QUANTUM PACIFIC GROUP and has a controlling stake in Israel’s largest publicly traded company, ISRAEL CORPORATION. Combined, these shipping companies…
Dry bulk shipping companies being hit the hardest on account of the deteriorating business climate are likely to be swept by a new wave of bankruptcies, reports Nikkei. The global commodities bust has rocked the dry-bulk shipping industry…
Bernhard Schulte Shipmanagement (BSM) yesterday joined with parent company, Bernhard Schulte, in hosting a reception in Tokyo to engage with the shipping community and recognize the long-standing relationships that have been developed with Japanese partners over a 40 year period…
Videotel, a provider of e-Learning maritime training solutions and a company of KVH Industries, has joined forces with online maritime training business Safebridge GmbH, which specializes in ECDIS training, to provide shipping companies with…
DNV GL’s Maritime CEO Knut Ørbeck-Nilssen recently met with Konstantin Palnikov, Director General of the Russian Maritime Register of Shipping (RS), at the RS head office in St. Petersburg to sign a bilateral framework agreement for cooperation between both class societies During the talks…
Kolkata, 3rd Feb, 2016: Industry leaders, corporate heads, policy makers and senior executives took part in the very first road show which served as a run up to the Maritime India Summit’16.Maritime India Summit is being organized by the…