DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits of fixed premium P&I cover for ship owners and operators in the Middle East…
To offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the new regulation, Maersk Line will introduce a new Low Sulphur Surcharge (LSS). The surcharge will be effective from 1 January 2015 and affect all cargo with load port…
As the offshore sector expands internationally and new areas of operation come on stream in hard-to-reach parts of the world, the task of obtaining quality produce and spare parts becomes ever more challenging. Distance, time zones, local customs and bureaucracy…
TransAtlantic and Stora Enso have signed and started the installation of the first order of a new innovative scrubber that washes out sulphur oxides from ship exhaust gases in a totally closed loop. It has taken years to find a solution that…
OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. Nine months 2014 – Financial Highlights (IFRS accounts) USD millions…
This year’s “Award for Exceptional Bravery at Sea” is given to the crew from the DFDS ship BRITANNIA SEAWAYS. The award is presented by United Nations’ International Maritime Organization (IMO) for exceptional bravery displayed at sea.The…
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS James E. Williams (DDG 95) participated in a community relations project in Port Victoria, Seychelles, Nov. 14.The project took place at Nature Seychelles, a local nature sanctuary…
Vessel performance monitoring and optimization solution ClassNK-NAPA GREEN was named the maritime industry’s top IT system by earning the IT Solutions Award at the International Bulk Journal (IBJ) Awards held at the Beurs-World Trade Center in Rotterdam on 17 November…
Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date. Buchanan has served as President of Genco since June 2005…
Seafarers arriving at Associated British Port’s (ABP) Port of King’s Lynn in East Anglia now have a place to call their own with the launch of a seafarers’ center at the port on November 17.Initiated by seafarers’ charity Apostleship of…
Charterers’ future procurement decisions will be driven by an increasing drive to improve sustainability within shipping supply chains.The Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global…
The world’s largest containership was named at a ceremony held by builder Hyundai Heavy Industries Co., Ltd. (HHI) this week.The ship, named CSCL Globe, is the first of five 19,000 TEU containerships for China Shipping Container Lines (CSCL)…
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas…
Containers Adrift in Oakland EstuaryContainers fell into the water from motor vessel NYK Aquarius while offloading cargo at SSA Facility Berth 57 in the Oakland estuary, causing the U.S. Coast Guard (USCG) and local fire department personnel to enforce a safety zone in the area…
The Chamber of Marine Commerce announced that Rear Adm. Michael N. Parks, USCG (Ret.), has joined the Chamber as Special Advisor.In his new role, Rear Adm. Parks will be working with the chamber to promote the distinct economic, environmental…