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Vessels News

 

Newport International Boat Show Highlights

Sep 02, 2014

Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today activities and amenities for those planning to attend its 44th boat show season, the Newport International Boat Show provides visitors…

Chevron Announces Alliance with Petrol Ofisi

Sep 02, 2014

Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production…

Gibdock Rreputation Rises in German Market

Sep 01, 2014

Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers, underlining…

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…

Logistics News

Cocoa Futures Drop While Sugar, Coffee Steady

Cocoa Futures Drop While Sugar, Coffee Steady

Maersk Orders 26 Large Containerships in Fleet Renewal

Maersk Orders 26 Large Containerships in Fleet Renewal

October Deliveries of Aramco Crude Halted to Some European Refiners

October Deliveries of Aramco Crude Halted to Some European Refiners

London Marine Insurance Market Widens Black Sea Risk Zone

London Marine Insurance Market Widens Black Sea Risk Zone

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