Vessels News

 

Can the Green Approach to Shipping be Profitable?

Aug 29, 2014

In recent times, growing concern about the state of the world’s oceans and the impact that shipping has on quality of the air has led to ever more legislation on emissions. As such, the Institute of Marine Engineering, Science and Technology (IMarEST) and Colfax Fluid Handling…

Report: Ports Lack Maintenance Support

Aug 27, 2014

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide. While 75% of those surveyed think that it’s essential or important…

Pariah Containership Banned from Australian Ports

Aug 27, 2014

The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship from using or entering any Australian ports due to repeated breaches relating to seafarer welfare and maintenance of the ship…

NorSea Group Makes Long-term UK Commitment

Aug 25, 2014

NorSea Group (U.K.) Limited is making a major, long-term commitment to the U.K. with the announcement that it will take over operatorship of Smith Quay and Embankment at Peterhead on a 10-year agreement as of September 1. NorSea Group also has…

Amver Awards Presented to Wallem-Managed Fleet

Aug 25, 2014

More than 10 percent of Wallem’ Ship Managements fleet was presented with Amver (Automated Mutual-Assistance Vessel Rescue System) Awards by Captain Michael H. Sim, United States Coast Guard Liaison Officer to China, in Hong Kong today.Simon Doughty…

Otto Marine Brings in Subsea Adviser

Aug 25, 2014

Otto Marine Limited, an offshore marine company which owns and operates a fleet of offshore support vessels, shipyard and offers specialized offshore services, announced that the group has appointed UOB Kay Hian Holdings Limited to advise the group on strategic options…

Maersk Line Still the Leading Carrier on Reliability in Q2

Aug 21, 2014

During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can continue to lead the industry on reliability. The midyear review of Maersk Line…

TMT CEO Files $100m IP Suit Over Vessel Sale

Aug 21, 2014

Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group (TMT) launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co…

North Sea OSVs Liable to Detention if MLC Non-compliant

Aug 19, 2014

The Maritime Labour Convention (MLC), an international agreement which safeguards the employment rights, working conditions and health care of seafarers, came into force in the UK on 7 August. Shipping and maritime law expert Katie Williams of Pinsent Masons…

Star Bulk to Acquire 34 Drybulk Vessels

Aug 19, 2014

Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash.Star Bulk Carriers Corp…

MOL Launches 'Global Management College'

Aug 19, 2014

Cultivating next generation of leaders  from head office and overseas subsidiaries,  promoting management skills to drive future innovation.Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company launched a program on August 4 to train…

'MV Cape Ray' Crew: Chemical Weapons Destruction Applauded

Aug 18, 2014

The Maritime Administration (MARAD) says it is proud to support the international effort to destroy Syrian chemical weapons and agents by providing the M/V CAPE RAY and its all-volunteer U.S. Merchant Marine crew to support this critical mission…

Orme Named Shipowners’ Club Chairman

Aug 18, 2014

The Shipowners’ Club marked the conclusion of Donald MacLeod’s six year tenure as Chairman with a Board meeting in his home town of Halifax, Nova Scotia, as well as a reception there for local Members and brokers. Philip Orme was appointed to…

Port of Hamburg Continues Cargo Records, Adds Jobs

Aug 18, 2014

The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburg’s universal port with 50.7 million tons of predominantly container handling achieves a result of 4…

MOL Ships Medical Supplies to Myanmar for Free

Aug 15, 2014

Mitsui O.S.K.Lines,Ltd. (MOL)  announced that it supported PH-Japan’s (Peoples’ HOPE Japan’s - PHJ) Myanmar healthcare program to provide free transportation of PH-Japan’s container filled with 2,000 units of digital thermometers and electronic…

Logistics News

SEA-LNG: LNG Bunkering is Surging

SEA-LNG: LNG Bunkering is Surging

Baltic Index Falls as Capesize, Panamax Decline

Baltic Index Falls as Capesize, Panamax Decline

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

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