Euroseas Spins Off Its Drybulk Fleet
Greece-based owner of containerships and bulk carriers Euroseas has spun off its drybulk fleet into a separate company. The Company announced that it filed a registration…
SMT Shipping, CSL Rolls out Joint Venture
SMT Shipping and The CSL Group announced they have entered into an agreement for CSL to acquire 50% of Eureka Shipping, SMT's pneumatic cement vessel business.
Digitisation Helps APM Terminals Pipavav
With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to 100s of hours saved per day.
MOL to Open New Maritime Academy in Philippines
Mitsui O.S.K. Lines announced that the establishment of MOL Magsaysay Maritime Academy in Salitran, Dasmariñas City, the Philippines — a joint project with Magsaysay…
MSC Cruises Raises EUR 8million for UNICEF
MSC Cruises, the world’s largest privately owned cruise company and leading cruise line in Europe and South America, has announced today that to date it has raised…
ICS Chairman on Implementation of Global Sulphur Cap
“Time is fast running out” for implementation by IMO Member States of the 0.5% global sulphur in fuel cap by 1 January 2020, says Esben Poulsson, Chairman of the…
Tightening Noose: Venezuela's Crisis Deepens
The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come.
PDVSA Halts Caribbean Storage, Shipping; Diverts Oil Cargo
Venezuela's state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm's assets on four islands, according to a PDVSA source and Reuters data.PDVSA has begun concentrating most shipping in its main crude terminal of Jose on Venezuela's eastern coast and recalling tankers to Venezuelan waters to avoid seizures that…
V.Group Names Zou Managing Director for China
V.Group said it has appointed Junshan Zou to build, lead and drive V.Group’s activities in China, including business development, ship management and marine services.“We have made a long-term commitment to growing our business in China,” said Alastair Evitt, Group Managing Director for V.Group’s Ship Management East division. “This new role will enable us to focus our efforts on growing all aspects…
Nigerian Migrants Sue Italy for Aiding Libyan Coast Guard
Nigerian migrants who survived a deadly sea crossing last year filed a lawsuit against Italy for violating their rights by supporting Libya’s efforts to return them to North Africa, their lawyers said on Tuesday.Seventeen plaintiffs petitioned the European Court of Human Rights last week, Violeta Moreno-Lax, a legal advisor for the Global Legal Action Network, told reporters. She was among four lawyers…
Memphis Orders Fire Rescue Patrol Boat
San Francisco Bay Area boat designer and builder Moose Boats said it has been awarded a contract from The City of Memphis Fire and Police Departments for the construction…
Trade War All About the Eastbound Transpacific -BIMCO
When two of the world’s top trading partners get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, BIMCO says we’d better prepare for what may come while hoping that it will never take place.The U.S. is China’s largest trading partner measured by value – and China is the largest one-country trading partner that the U.S. has.“The global…
Fishing Companies to Pay $400,000 for Pollution Claims
Challenge Fisheries LLC, Quinn Fisheries Inc., Charles Quinn II, and Charles Quinn III have agreed to pay a total of $414,000 in civil penalties and to perform fleet…
Thailand Emerges as an International Maritime Training Center
Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses.Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket…
Lindsay Goldberg Mulls Selling Stake in Odfjell Terminals
Odfjell SE said it has been informed by Lindsay Goldberg that they are considering a sale of its 49% shareholding in Odfjell Terminals B.V.Lindsay Goldberg has been Odfjell's joint venture partner in Odfjell Terminals's U.S. and European terminals since 2011. In 2013, the partnership was expanded to include Odfjell Terminals's global terminal operations.Odfjell said it continues to consider Odfjell Terminals as core business and emphasized its long term commitment to owning…
Fundraising Cruise Raises $100,000 to Help Save SS United States
A fundraising cruise dedicated to saving America’s Flagship has raised $100,000 for the cause.Once America’s fastest and most glamorous ocean liner, the SS United States has spent years away from her former glory in an escalating state of disrepair, at dock in Philadelphia, out of commission and relying on donations to stay afloat and out of the scrapyard.This week a group dedicated to preserving the…
PDVSA Diverts Crude Tanker from Curacao
Venezuela's state-run PDVSA ordered a tanker carrying Russian oil that was waiting to discharge at its Curacao terminal to divert to Venezuelan waters after ConocoPhillips…
Keel Laid for Second Bibby Wavemaster
Construction on Bibby Marine Services’ second service operations vessel (SOV) is underway at Damen Shipyards Galati in Romania less than a year after Bibby took delivery of sister ship Bibby Wavemaster 1.Bibby ordered the new SOV in early 2018 after lining up a charter for the vessel in December 2017. The new vessel, scheduled to be delivered in 2019, will go to work under contract for Siemens Gamesa…
Bibby Offshore Bags Spirit Energy Contract
Subsea services provider Bibby Offshore said it has secured a fixed term framework agreement with independent oil and gas operator Spirit Energy.Awarded in April, the two-year agreement, which follows on from a previous five-year agreement, will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, remotely operated vehicle (ROV) inspection and subsea survey operations across a number of North Sea structures and pipelines.The project will utilize Bibby Offshore’s diverse fl
Maritime Cybersecurity: A New Approach is Needed
It is time to move toward a quantitative approach that provides deeper understanding of individual risk elements observed in marine operating systems.Increasing connectivity in complex maritime operating systems is escalating the potential impact of cyber-related incidents and complicating the task of defending against them. Traditional methods for assessing cyber risk provide inadequate guidance for applying limited security resources.Currently…
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