As 2015 draws to a close and the Worldscale Organisation published the new 2016 Flat Rates, Poten and Partners goes through the annual exercise of updating Flat Rates in its systems. This highlighted once again the significant changes in bunker prices that occurred over the last 2 years…
Lim Ki-Tack, who has been elected as the next secretary-general of the International Maritime Organization (IMO) in a ballot, will start his four-year term in the beginning of next year, the South Korean government said, reports Yonhap. Lim…
Polarcus Limited announced a two-year extension of the support services agreement with Turkish Petroleum covering seismic data acquisition management, maritime management and crewing support. Reference is made to the stock exchange notice…
Transparency Market Research (TMR) have given a detailed insights and analysis of the global market for LNG bunkering fuel in its recently published market research report. On the basis of capacity, the market, which had a valuation of mere 70 kilo tons in 2013…
More than 3,770 migrants and refugees died in 2015 trying to reach Europe by crossing the Mediterranean Sea, making the year the deadliest on record for those seeking sanctuary from conflict and poverty, an international migration group said on Thursday…
The Coast Guard assisted representatives of the Washington and Oregon Departments of Fish and Wildlife patrol the waters of the Pacific Northwest during the pre-soak period of the commercial Dungeness Crab season, which opens Jan. 4, 2015…
Capt. B.B. Sinha, Director (P&A) of The Shipping Corporation of India limited (SCI) has assumed the additional charge of the post of Chairman & Managing Director, SCI w.e.f. 01.01.2016 as per the Office Order received from the Ministry of Shipping till 31…
The Dredging Conference organized by Hinode in Kolkata on Thursday, January 21, 2016 will spotlight the vast opportunities that exists for dredging companies and other allied agencies in Inland Waters waters. The event is set to take place at the Park Hotel…
Four managers from the GAC Group start 2016 with a new challenge as they take on new roles for the global provider of shipping, logistics and marine services.Peter Österman moves to his native Sweden to take on the new role of Commercial Manager – Shipping for Denmark…
Scorpio Bulkers Inc. informed yesterday that its board of directors has determined to effect a one-for-twelve reverse stock split of the Company's common shares, par value $0.01 per share, and a reduction in the total number of authorized common shares to 56…
The Geneva-based Swiss company, Mediterranean Shipping Company S.A. (MSC), which is the world’s second-largest shipping line in terms of container vessel capacity, has returned to Iran more than six years after it docked at an Iranian port the last time…
China has confirmed it is building a second aircraft carrier in a move that is likely to further inflame tensions with its regional rivals over the South China Sea. Beijing wants to exert its presence in the South China Sea, after complaining of “provocations” from the US…
In an unprecedented endeavour, the ship manager Reederei NSB is widening its Panamax-class container vessels. DNV GL, the class in charge, is on board, says a report in DNV GL, Maritime Impact. Too young for scrapping, too old to compete…
When a ship is sent to die, 95 per cent of its components live on. But the safety and sustainability record of ship recycling yards could be improved. MARITIME IMPACT explains how EU regulations aim to achieve this. Every year up to 1,500…
Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points. These containers are large rectangular boxes made of a special…
