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Fastnet Appoints Non-executive Director

Dec 21, 2015

In line with the Company's strategy to acquire companies or businesses in the healthcare sector, Fastnet has appointed Mr. Harry Stratford as a Non-Executive Director with immediate effect. Harry has over 40 years' experience in the pharmaceutical…

Three Dead, Dozens Missing After Indonesian Ferry Sinks

Dec 21, 2015

Indonesian rescue teams continue their search todau (Monday) for 78 people still missing at sea, after their ferry ran into bad conditions, took on water and sank near Sulawesi island on Saturday night, officials said. Rescuers have pulled…

Black Sea MOU - New Inspection Regime

Dec 21, 2015

Quality ship operations will be rewarded with a reduced inspection burden when the Black Sea MOU launches its new inspection regime on 1 January 2016. The Black Sea (BS) MOU had announced that their new inspection regime, BS-IR (2016), will be in force from 1 January 2016…

Swedish Shipping Joins Fossil Free Initiative

Dec 21, 2015

The Swedish Shipowners Association has expressed its disappointment that shipping was not included in the new climate agreement that was struck in Paris by countries represented at the United Nations Framework Convention on Climate Change. They…

Delay 'Likely' in Opening of Expanded Panama Canal

Dec 21, 2015

The opening of a newly expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, EFE quotes Panama Canal Authority (ACP) head Jorge Quijano as saying…

Dynagas LNG Partners Acquires LNG Carrier

Dec 21, 2015

Dynagas LNG Partners LP has entered into an agreement with Dynagas Holding Ltd to purchase 100% of the ownership interests in the entity that owns and operates the Lena River, a 2013 built 155,000 cubic meter ice class liquefied natural gas carrier…

CMES Orders Six VLCCs at Dalian Shipbuilding

Dec 21, 2015

China Merchants Energy Shipping Co Ltd (CMES)  has firmed up orders to build six very large crude carriers (VLCCs) at Dalian Dalian Shipbuilding Industry Corp for $522 million, reports Reuters. The deliveries of 308,000dwt VLCCs are scheduled between August 2018 and October 2019…

Dozens Rescued at Sea after Abandoning Indonesian Ferry

Dec 20, 2015

Dozens of people with life jackets were found floating in Indonesia's Gulf of Bone on Sunday, some clinging to a fish trap, after abandoning their ferry in rough seas off Sulawesi Island, said officials, adding that two passengers had died…

Panama Sues Italy for Vessel Arrest, Detention

Dec 19, 2015

Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…

Not Younger Than 18 Yrs, Unless…

Dec 19, 2015

International dry bulk shipowners seem only to scrap ships aged 18 years or older. While a couple of Chinese owners have scrapped ships that were even younger than that. 19 ships out of 28 ships built in 1998 to 1999 and demolished between…

RS STC Presidium Session

Dec 19, 2015

The meeting of the Scientific and Technical Council (STC) Presidium of Russian Maritime Register of Shipping (RS) was held on 15 December 2015.The STC is one of the crucial components to ensure the RS activity on rendering the wide range…

Australian Defense Minister Visits Austal

Dec 18, 2015

Shipbuilder Austal on Wednesday welcomed the Australian Minister for Defense, Senator Marise Payne, to Austal’s Western Australian shipyard for a look at the company’s naval vessel design, construction and sustainment capabilities. The Defense Minister’s delegation…

Harris CapRock President Joins VF Board

Dec 18, 2015

Tracey Haslam, president of Harris CapRock Communications, has been elected to serve on the Global VSAT Forum’s (GVF) Board of Directors. The GVF Board leads the association as it continues to create greater awareness of the commercial, economic…

"Shipmate For Life"

Dec 18, 2015

A Nautical SoleMr. Sam is many things. He’s forever a Coast Guard chief, a cutterman by trade and a chief warrant officer by choice, but above all he’s a shipmate for life. Known by those who work with him as Mr. Sam, Chief Warrant Officer…

BMT Isis Adds Marketing and Sales Director

Dec 18, 2015

BMT Isis, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has announced the appointment of Barry Flower as Marketing and Sales Director.  Flower has 25 years of experience in the…

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

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