The UAE Shipping Association (UAESA) was founded 12 years ago. But Tahir Lakhani, UAESA Vice-Chairman, indicates that in that time the UAE has been much more conducive to foreign companies than domestic ones, owing to a lack of options for ship finance…
The Carbon Trust’s Offshore Wind Accelerator (OWA) launched a competition to accelerate the development of technologies with the potential to reduce vessel emissions and fuel consumption.Up to $127,000 in funding will be awarded to the winning technologies…
The owner and operator of liquefied natural gas (LNG) carriers GasLog and spin-off GasLog Partners are withdrawing their LNG carriers from their pooling joint venture with Golar LNG.The Cool Pool was launched in September 2015 with 14 tri-fuel…
At Nor-Shipping this week, Kongsberg will unveil Vessel Insight, a unique subscription-based service addressing the key challenges for digital adoption in the maritime industry. Vessel Insight’s secure and cost-efficient data infrastructure enables ship owners…
Edda Accommodation, a specialized provider of offshore accommodation service vessels, has announced that Johan Rokstad retired as CEO.The managing director role of Edda Accommodation is now transferred to Kenneth Walland, CEO of Østensjø Rederi…
South Africa's transport workers union Satawu threatened a 'total shutdown' at major ports across the country from Thursday after issuing a 48-hour strike notice for mariners over a payment dispute, the union said on Tuesday.The South African…
MISC has announced its financial results for the financial period ended March 31, 2019.Financial Highlights:Group revenue for the quarter ended March 31, 2019 was higher than the corresponding quarter ended March 31, 2018.Group profit before tax for the quarter ended March 31…
Hamburg Süd christened the Polar Ecuador containership in Antwerp.The new vessel belongs to a group of four structurally identical vessels in the Polar class that have been built for Hamburg Süd by the Chinese shipyard Jiangsu New Yangzi Shipbuilding…
Palau International Ship Registry (PISR) reports it has recorded a zero percentage detention record with the United States Coast Guard (USCG) in the latest figures issued for 2016-2018 Port State Control examinations.The USCG targets flags for…
Danish tanker shipping company Maersk Product Tankers has just entered a sale-and-leaseback agreement for four medium range (MR) vessels with the Chinese bank, Industrial and Commercial Bank of China (ICBC).The four ships were built in 2015…
Neo-Panamax container vessels experienced increased activity during the first quarter of 2019, compared to the fourth quarter of 2018, said Capital Product Partners.While charter rates for feeder and panamax vessels remained relatively flat due to…
The Wilhelmsen group recorded a $29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the previous quarter…
International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.By way of illustration…
Shipping emissions: International measures needed to cut operational greenhouse gas emissions of existing fleet by 2030 – new studyThe international shipping sector needs to quickly adopt short-term policy measures to cut operational greenhouse gas (GHG) emissions of the existing fleet…
In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…