Gulf Petrochem has appointed John Phillips as Head of Credit Risk for the Group’s Bunkering division. With over 30 years experience in the Maritime sector, John is a well known expert in the industry and will focus on areas such as Credit Management (focused on Bunker business)…
As carriers withdraw from unprofitable routes, is there really too little competition in container shipping? A new report from UNCTAD highlights risks to competition in the container sector, specifically for smaller nations, says Drewry…
Until now, there has been no international standard describing the methods for fiscal measurements and suitability for liquefied natural gas (LNG) as a marine fuel, despite the growing international market for small scale LNG bunkering. DNV…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Seoul, Republic of Korea on 16 and 17 October 2015. The meeting was attended by 100 high level representatives of the industry, including…
On 29 October 2015 the research icebreaker Polarstern will leave its homeport in Bremerhaven for Cape Town, South Africa, where it is expected to arrive on 1 December. It will take 32 students hailing from 19 countries on board, who will…
NYK Line (China) Co., Ltd. has donated 30 bunk beds and some sports supplies to NYK Wangping Middle School, which is located in the rural area of Luoyang in Henan province. On October 21, Yuji Isoda, a corporate officer at NYK and the company’s chief representative for China…
The Asian Shipowners’ Forum (ASF) warmly welcomes the tremendous effort made by ship recyclers in Alang, India that have recently received Statements of Compliance (SoC) with the Hong Kong Convention from ClassNK, one of the world’s leading classification societies…
Moses Kirkconnell, the Cayman Islands’ minister of tourism said that future off-shore tendering of cruise ships is out of the question in lieu of building a $150 million cruise pier and terminal in the Cayman Islands. Given that in 2014…
China Ocean Shipping (Group) Company (COSCO) plans to launch regular services through the Arctic Ocean to Europe, as global warming makes the route viable and Beijing steps up its northern ambitions, says a report in AFP. Cosco’s Yong Sheng…
The shipping industry emissions is back in the draft Paris COP 21 agreement following a meeting of negotiators in Bonn last week. Shipping was dropped earlier in October. However, on October 14, E.U. parliamentarians called for emissions…
Oslo-listed Siem Shipping reported a net profit of USD2.5 million (Q3 2014: net loss USD-0.2 million). The container lines are continuing to use very aggressive pricing strategies to win market share in the reefer segment. The specialist…
Marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has won a new contract with MSI Ship Management Pte Ltd to provide crew logistics services (CLS) across the globe.Under the new contract, MSI Ship Management will assign numerous vessels including bulk carriers…
FSL Trust Management Pte. Ltd. (FSLTM), as the trustee-manager of First Ship Lease Trust (FSL Trust), announced that FSL Trust has entered into a memorandum of agreement to purchase a 2007, Japanese-built, 45,998-dwt MR product tanker for $21…
Wärtsilä launches an innovation contest, Wärtsilä Marine Mastermind, aimed at start-up companies and entrepreneurs, in connection with the start-up event Slush. The purpose of the contest is to find new and unique digital services for the marine industry…
Hindustan Shipyard Limited (HSL) may sell its bulk carrier under construction at the yard to the Indian Navy, reports the Hindu. Goodearth Maritime Limited (GML) has failed to settle its dues for nearly a year after placing the order under Diamond Series of 53…
