P&I Insurer recognised for best practice to the shipping industry NEW YORK, MAY 23, 2015: The American Club has won the Lloyd’s List North American Maritime Services Award for 2016. The presentation of the award took place in New York at...
A national awareness workshop on the implementation of the international maritime solid bulk cargoes (IMSBC) code was co-organised by IMO in Malaysia on 25-28 April, with special reference to cargoes that may liquefy – which can be a serious problem...
GAC EnvironHull’s innovative HullWiper hull cleaning technology has won the Clean Shipping title in this year’s Seatrade Awards presented this week in London on 6 May 2016. It is the fourth major industry award the diver-free remote-controlled...
China’s port operator Cosco Group (Hong Kong) Limited has signed an agreement on April 8, 2016 with the TAIPED (Hellenic Republic Asset Development Fund) for the transfer of a majority stake in Piraeus Port Authority, local media reported. Cosco...
Brokers report the German powerhouse Oldendorff has just offloaded the 53,700 dwt Sapphire Seas, built 2005. The ship comes from this Christmas’s bank sale from troubled Paragon Shipping’s fleet, and has only been with Oldendorf long enough to...
The signing of a new declaration at Buckingham Palace committing the leaders of the global transportation industry to major steps to fight criminal wildlife trafficking has been hailed by The Duke of Cambridge as ‘a game changer in the race...
Rio de Janeiro, March 07, 2016 – Vale S.A. (“Vale”) announces that it has signed a Memorandum of Understanding (the “MoU”) with Australia’s Fortescue Metals Group Ltd. (“Fortescue”). The MoU sets out the...
MITSUI OSK Lines has announced plans to establish two new business units as part of its restructuring process in an attempt to weather the current downturn in the dry bulk market. The two new business units — dry bulk and energy transport — will be...
One of the world’s best known classification executives Tor Svensen is retiring from his position as evp of DNV GL, from 1 August. Svensen will remain working within shipping industry, including as a Professor at the University of Strathclyde...
Greece-based dry bulk shipping company Star Bulk Carriers Corp. has entered into a Capesize Chartering Ltd (CCL) pooling agreement for nine of its Capesize dry bulkers. The deal was signed with three companies, namely, Bocimar International NV...
In response to the current freight rates in the dry bulk shipping industry, Japanese shipping company Nippon Yusen Kaisha (NYK Line) is planning to take a number of its Capesize bulkers out of service for a period of months, or even years, until...