A new study says revenues generated by levy on nitrogen oxide (NOx) emissions for shippingcould be used to fund the uptake of NOx abatement measures. Transport & Environment (T&E) study said the results of a new study show that the revenues…
The Port of Virginia processed 219,398 twenty-foot equivalent units (TEUs) in May, bringing the port to 2 percent growth in TEU volume for the calendar year and 2.6 percent growth in the fiscal year, which ends July 1.“Volume for May was not as high when compared with last year…
The SOLAS Container Weight Verification Requirement Verified Gross Mass (VGM) - System readiness by UASC. United Arab Shipping Company (UASC) announced that the following e-channels will be ready for receiving and processing the VGM information on/after 18 June…
ABS has been selected by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) as Japan’s first foreign Recognized Organization (RO) for maritime labor inspection.Maritime Labor Convention comprises 16 articles, containing general provisions…
The offshore supply ship, MV Malaviya Seven detained, at the Port of Aberdeen, UK, by the International Transport Federation [ITF] with the support of the Port State Control, MCA – was operating under what the shipping union, RMT, has described as a ‘blatant example of modern day slavery’…
Further to Hapag-Lloyd's information to their Customer circular issued in 4th March 2016 on the preventive actions of Zika virus for all cargoes entering China, the company has now provided an updated list of origin countries.All shipments…
International law firm Wikborg Rein has further strengthened its leading presence in the shipping and offshore and onshore construction sectors with the appointment of three key senior hires to its London offices. Nick Shepherd has joined as a partner from Ince & Co…
The Korean government has said that it will consider merging ailing Hyundai Merchant Marine (HMM) and Hanjin Shipping should they successfully normalize their management, according to The Korea Times. 'Once the normalization program for the two shipping companies is wrapped up…
International law firm Wikborg Rein has further strengthened its leading presence in the shipping and offshore and onshore construction sectors with the appointment of three key senior hires to its London offices. Nick Shepherd has joined as a partner from Ince & Co…
Independent Lloyd’s broker Tyser & Co Ltd (Tysers), has announced the appointment of Nigel Montgomery as a non-executive Director.Montgomery is a lawyer with long experience of the insurance industry and was a partner at leading international US law firm…
Kalmar, part of Cargotec, has appointed Tero Kokko Senior Vice President, Automation and Projects as of 1 July 2016. He will report to Antti Kaunonen, current Senior Vice President, Automation and Projects who will start as President of Kalmar as of 1 July 2016…
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation.A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours…
The buy-out of the Greece's Piraeus Port by Chinese shipping giant COSCO is closer to completion, as shareholders approved a new concession agreement, reports Reuters. Greece had already agreed in April to sell a 67 percent stake in Piraeus to COSCO for $415…
STX Offshore & Shipbuilding may be put under a court-led restructuring scheme, paving the way for the shipyard to avert liquidation, says a report in Korea Times quoting local court. Last month, STX Shipbuilding, once Korea's No. 4 shipbuilder…
Prosecutors on Sunday sought the arrest warrant of the ex-chairman of Hanjin Shipping, who has been hit with insider trading charges, says Yonhap. Choi Eun-young is specifically charged with violating the Financial Investment Services and Capital Markets Act…
