The Competition Commission approved the sale of a majority stake in Piraeus Port (OLP) to China’s COSCO during its meeting on Wednesday, saying it is in line with Greek competition laws. According to Greek national news agency AMNA, the…
Ahead of the International Maritime Organization’s (IMO) decision on the timing of the global 0.5 percent sulphur cap for marine fuels, the International Bunker Industry Association (IBIA) is advising its members on the potential impact of the shift…
Six government officials from South Korea are visiting the Danish Maritime Authority and, in this connection, they exchange experiences and knowledge about shipping, inspections and safety with the Danish authorities.The South Korean government officials are…
The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted today in U.S. District Court in Seattle of 12 felony counts related to their dumping of oily waste at sea, announced U.S. Attorney Annette L…
ABS Chairman, President and CEO Christopher J. Wiernicki concludes his term as Chairman of the International Association of Classification Societies Ltd. (IACS) encouraging the organization to continue setting high standards for performance and raising the bar of excellence…
Elektrans Group has promoted Capt. Deepak Arora to Managing Director of Elektrans Shipping Pvt. Ltd.Arora has been with the Elektrans Group for four years during which he has served in several executive positions within Elektrans.Arora will…
DNV GL has issued a report on fire incidents in Ro-Ro spaces to address growing safety concerns in this segment and provide guidance to shipowners. DNV GL’s “Fires on Ro-Ro decks” has examined fires within Ro-Ro spaces on Ro-Pax vessels, vehicle…
Helle Hammer, Managing Director Cefor & Chair of the International Union of Marine Insurance (IUMI) Political Forum discuss about Container Weighing Rules. As of 1 July 2016, only containers with a verified gross mass will be allowed to…
Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of Maine Maritime Academy (MMA). The four recipients, J.T. DiGuglielmo, Jordan Harmon, Sean O’Connor and Luke Olson…
Indonesian navy officials detained a Chinese boat along with seven Chinese crew members for allegedly fishing in Indonesian maritime territory in the disputed South China Sea region, Ap reported quoting Indonesia's navy spokesman. The Indonesian…
Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries to sell itself to the Singaporean financial giant SGX, reports the Telegraph…
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the…
Brazil's Environment Ministry fined mining company Samarco 142 million reais ($41.6 million) for damages to three protected areas resulting from a tailings dam burst in November, the ministry said on Friday.The ministry said in a statement…
France's hardline CGT union ended on Friday a strike that had paralysed traffic for 26 days at the Fos Lavera oil terminals on the Mediterranean, the country's biggest oil hub, a management official at port operator Fluxel said.'Unloading resumed at the port at 9 p…
Government is planning to locate logistics parks next to ring road and by-pass roads in an effort to reduce pollution and traffic and facilitate multi-modal transport (MTO) across the country, said Honourble Union Minister for Shipping and road transport…
