FONASBA Endorses ITIC' s Post-Fixture Clause
ITIC has recommended that brokers place a post-fixture clause at the end of recap messages to reduce the chances of exposure to severe financial loss as a result of important messages being overlooked. It is essential that all messages in respect of operations be sent to the relevant email addresses ([email protected]). We can accept no responsibility for delay or other consequences if messages are sent to any other email address within the company.
Korean Prosecutors: Death for Ferry Master
South Korean prosecutors on Monday sought the death penalty for the captain of a ferry that capsized in April, leaving 304 people, most of them school children, dead or missing…
High Arctic Costs Deter Business Despite Thaw
Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense.
Software Upgrade for Ahrenkiel Steamship Fleet
Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels. The implementation of ShipManager on the entire fleet of 60 vessels, including containerships and bulk carriers, is scheduled to start this year. The implementation will be carried out by a project team consisting of experts from both DNV GL and Ahrenkiel Steamship. The shipping group Ahrenkiel Steamship was formed this year after the merger of the Christian F.
Stolt-Nielsen Norwalk Tanker Staff will move to Houston
Stolt-Nielsen Limited (Oslo Bors: SNI) announced its intention to relocate its tankers' staff in Norwalk, Connecticut to Houston, Texas. The move will consolidate…
Suez Canal Sept.Revenues Near $470 mln
Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state information website said on Monday. The waterway…
China, Vietnam Want Amicable Sea Dispute Solution
China and Vietnam agreed on Monday to use an existing border dispute mechanism to find a solution to a territorial dispute in the South China Sea, saying they did not want it to affect relations.
Tanzania: China-Funded Port Work Starts in 2015
Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president's office said in a statement on Monday…
Transneft Cites Weather, Suspends Some Liftings
Russian pipeline monopoly Transneft has suspended oil loadings through all Russian ports except for Makhachkala due to bad weather conditions, RIA news agency said on Monday.
Pirates Launch Renewed Attacks in Nigeria's Oil Delta
Pirates have launched a spate of attacks in the creeks of Nigeria's oil-producing Niger Delta region since last Thursday, killing three policemen and abducting at least nine people…
Brazil's Petrobras Finds Oil in Libra Prospect
Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it found "good quality" oil in an exploration well in the giant Libra prospect, off the coast of Rio de Janeiro state.
Svanevik Elected to Seadrill Board
Seadrill Limited announced today that Carl Erik Steen has resigned from the board of directors with immediate effect. Filling the position is Ørjan Svanevik, who…
Multiple Pirate Attacks in Nigeria's Oil Delta
Pirates have launched a spate of attacks in the creeks of Nigeria's oil-producing Niger Delta region since last Thursday, killing three policemen and abducting at least nine people…
Liberian Registry Backs IMO’s Ebola Advice
The Liberian Registry has come out in full support of the International Maritime Organization’s recommendation that there should be no general ban on international…
Algerian Tanker Arrives with Venezuela's First Crude Import
Oil tanker Carabobo, carrying Venezuela's first importation of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million…
UN Climate Change Draft Sees Risks of Irreversible Damage
Climate change may have "serious, pervasive and irreversible" impacts on human society and nature, according to a draft U.N. report due for approval this week that…
Costa Diadema Presented in Marghera
Costa Diadema the fifteenth ship and new flagship of Costa Cruises fleet, was presented today by Costa Cruises and Fincantieri. Costa Cruises has invested a total…
Executive Appointments at Long Beach Port
The Long Beach Board of Harbor Commissioners recently filled key Harbor Department executive posts with staff veterans as the Department continues to undergo a reorganization…
Leighton Reports Q3 UNPAT up 21%
Leighton Holdings Limited today announced its unaudited results for the nine months to 30 September 2014. Executive Chairman and Chief Executive Officer, Mr Marcelino Fernández Verdes…
Magnolia LNG Project Progresses
Liquefied Natural Gas Limited informed that an update on the status of Environmental Information Requests from the Federal Environmental Regulatory Commission (FERC)…
