Shipping

MSC Set to Adopt New Regulations for Gas-Fuelled Ships

2nd June, 2015

In the 95th session of its meeting scheduled from the 3rd to the 12th of June 2015, the IMO’s Maritime Safety Committee is expected to adopt new man. . Read More

Australia Takes Chinese Ship Owner to Court for Damages to its Barrier Reef

2nd June, 2015

The Commonwealth of Australia is filing case against the Chinese owner of the bulk carrier MV Shen Neng 1 over unpaid reimbursement from the ship’s . . Read More

UASC Launches North Europe–US East Coast Services

2nd June, 2015

United Arab Shipping Company (UASC), a leading container shipping line recently announced the launch of a North Europe–US East Coast (NEU1) service.. . Read More

Petrobras Cancels Leases for Five Offshore Vessels with Schahin

28th May, 2015

Schahin  has reported that Brazil’s state-run oil company Petrobras has canceled leases with Schahin Petroleo e Gas SA for five offshore oil drill. . Read More

Ghana Approves Flag State Implementation

25th May, 2015

Director General of the Ghana Maritime Authority, Peter Azuma told Citi Business News, that Flagstate Implementation will ensure maximum security in G. . Read More

Uncertainty Over VLCC Rates from Middle East to Asia

25th May, 2015

Brokers were of the opinion that rates for very large crude carriers (VLCCs) on key Asian routes from the Middle East would face some uncertainty next. . Read More

Odfjell Drilling Declares Net Profit of 18 Million USD in the First Quarter of 2015

22nd May, 2015

Odfjell Drilling has declared a net profit of 18 Million USD in the first quarter of 2015. The operating revenue was 240 Million USD and the EBITDA st. . Read More

IMO Adopts Environmental Part of Polar Code

22nd May, 2015

From the 1st of January 2017 internationally binding regulations in polar waters become effective, the IMO having adopted the environmental part of th. . Read More

Increased Turnover in Dutch Maritime Technology Sector

22nd May, 2015

Reports suggest that the Dutch maritime technology sector has witnessed an increase in its turnover by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 bi. . Read More

Iran to Up Natural Gas Production to One bcm Per Day by 2020

22nd May, 2015

In a meeting with gas industry contractors, Hamid Reza Araqi, Managing Director of the National Iranian Gas Company disclosed that Iran had plans to i. . Read More

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