Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). The certificates must be renewed once a year when the underlying insurance expires.According to DMA, ships that…
The world's largest container shipping company A.P. Moller -Maersk has pledged to cut net carbon emissions to zero by 2050.The Danish business conglomerate with activities in the transport, logistics and energy sectors said in a press note that to achieve this goal…
Indian Oil Corp (IOC) issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed.The tender says Indian shippers will be given first right of refusal for…
Legislation that sets standards for incidental water discharges from vessels passed the House on Nov. 29.The Frank LoBiondo Coast Guard Authorization Act of 2018, S. 140, which includes the Vessel Incidental Discharge Act (VIDA), passed the…
Giampiero Soncini will assume the role of CEO, Marine Division, at IB Marine.“Under his guidance IB Marine is looking to become a major player in the Marine IT sector”, says Maurizio Ricci, IB President, who will retain the role of CEO IB Industry Division…
Fifteen migrants have died in a boat off the Libyan coast after spending 12 days at sea without food or water, an Egyptian survivor said on Tuesday.Only 10 migrants from the capsized boat survived, all of whom were suffering from severe dehydration…
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, marked its first gain in five days on Tuesday, helped by firmer rates across vessel segments.The overall index, which factors in rates for capesize…
Limited availability drove LNG shipping rates to highs; but prices now falling as more ship supply becomes available.Inflated spot charter rates for liquefied natural gas (LNG) tankers are easing as more ships becoming available, which could…
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings says. Higher fuel costs and sulphur regulation will also put pressure on shippers.Partly offsetting…
The Classification Society Korean Register (KR) and Swiss Climate EcoCare GmbH has signed a memorandum of understanding (MOU) to provide enhanced International Maritime Organization (IMO) Data Collection System (DCS) services to the maritime industry…
Carnival Corporation-owned Princess Cruises said that Regal Princess will be the second ship in its fleet to offer the Princess Medallion wearable technology.Regal Princess will be fully activated for her Caribbean Season starting February 17…
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the…
The floating liquefied natural gas (LNG) company Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective…
Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The new platform NiBiKi is useful for the onboard crew helping…
Northeast Georgia Inland Port to serve fast-growing Gainesville region. Gov. Nathan Deal speaks during the announcement for the Georgia Ports Authority's new inland terminal, Monday, Dec. 3, 2018, in Gainesville, Ga. Cargo moved via the Northeast…
