CMA CGM has reported its all-cash voluntary unconditional general offer for Neptune Orient Lines Ltd (NOL) closed on July 18, 2016, with CMA CGM now owning approximately 97.83 per cent of NOL's share capital. Monday July 18 marked the last…
The panel of speakers who will join Lord Clarke of Stone-cum-Ebony at the 2016 Cadwallader Debate has been announced.Chairman of the debate Lord Clarke will be joined by a panel of five speakers. They are Kuba Szymanski, Secretary General of InterManager…
ACO Marine has welcomed the findings reported in the Friends of the Earth 2016 Cruise Ship Report Card, the annual survey of cruise shipping’s impact on the environment, which highlights a growing need for the sector to update its sewage treatment technology…
Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Besides the Business Combination Agreement (BCA) between the two companies…
Philly Shipyard, a U.S. commercial shipyard constructing vessels for operation in the Jones Act market has announced acash dividend to be paid by PHLY. The schedule is as follows: Dividend amount: USD 0.25 per share…
BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now reliably estimate all of its remaining material liabilities in connection with the incident…
NOIA President Randall Luthi released the following statement after the House of Representatives passed the 2017 Interior and Environment Appropriations bill:“NOIA applauds members of the House of Representatives for passing the first Interior and Environment Appropriations bill since 2009…
The crew of the Coast Guard Cutter Kathleen Moore repatriated 12 Cuban migrants Tuesday and another 21 Cuban migrants Friday to Bahia de Cabañas, Cuba.These repatriations are a result of four separate migrant interdictions at sea within the last week in the south Florida Straits…
Vice Adm. Jan Tighe assumed the duties of the Deputy Chief of Naval Operations (DCNO) for Information Warfare (N2N6) and Director of Naval Intelligence (DNI) July 15 at the Pentagon.Tighe succeeded Vice Adm. Ted N. 'Twig' Branch, who has…
ZIM Integrated Shipping Services, one of the world's leading container shipping carriers, and INTTRA, the world's ocean shipping electronic marketplace, stated that ZIM's implementation of the INTTRA eVGM Service, which will facilitate compliance…
Alfa Laval is ready to help customers meet a global 0.5% sulphur fuel limit, no matter what the outcome of the MEPC70 meeting. The new Alfa Laval PureSOx Global is part of a major expansion of the PureSOx platform that will be released at SMM in Hamburg…
Thailand-based Thoresen Thai Agencies (TTA) has disposed of all its holdings in affiliated ship agency Thoresen Shipping and Logistics Ltd (TSL). TTA said in an exchange filing that it had disposed of around 240,000 TSL shares to Thailand-based Naxco Shipping and Logistics…
The European Union Ship Recycling Regulation has been effective since 2013 and applies to all ships entering ports and terminals of EU Member States. While it is consistent with the broad objectives established in the International Maritime…
The captain and first officer of an ocean going tug boat have been found guilty of drug trafficking following the biggest ever U.K. seizure of class A drugs, the country’s National Crime Agency (NCA) announced. The cocaine, worth an estimated…
International law firm Hill Dickinson continues to strengthen its growing commodities team with the return of partner Andrew Buchmann.Following qualification in South Africa, Andrew joined Hill Dickinson’s London office in 2003. He returned to South Africa in 2008…
