Category archives for: Company News

ESC Delivers AEO Manifesto

ESC Delivers AEO Manifesto

The European Shippers’ Council (ESC) presented its Authorised Economic Operator manifesto (AEO manifesto) to the European Commission.   With this manifesto, the ESC aims to give an indication of how, five years after the introduction of the AEO programme, this status is regarded by European Shippers and what the experiences are in practice. The aim […]

Choosing Body Armor for Maritime Workers

Choosing Body Armor for Maritime Workers

High risk jobs need to be faced with the correct levels of protective clothing. In the case of maritime personnel, body armor is one form of protection that should not be overlooked. The fact that there’s an increased level of difficulty in determining just when a threat may be faced, prepared maritime security personnel will […]

Quingdao Port Contests CIVIC’s USD 108m Claim

Quingdao Port Contests CIVIC’s USD 108m Claim

Qingdao Port International Co. Ltd. voiced its intention to dispute a demand from a unit of Citic Resources Holding Ltd. asking for that delivery of copper and alumina or pay $108 million in compensation.   Qingdao Port International disclosed that on July 28, 2014, Dagang Branch of Qingdao Port Group (QDP Dagang) received a writ of […]

UN Sanctions Operator of North Korean Ship Smuggling Arms

UN Sanctions Operator of North Korean Ship Smuggling Arms

The U.N. Security Council committee has imposed sanctions on Ocean Maritime Management, operator of a North Korean ship seized near the Panama Canal last year for smuggling Soviet-era arms from Cuba.   Under the sanctions, issued by the UN Council’s North Korea (DPRK) sanctions committee, the company is now subject to an international asset freeze […]

Northern Sea Route Accessible a Month Early

Northern Sea Route Accessible a Month Early

The Northern Sea Route (NSR) will open in August both on the northeastern passage on the Russian side and northwestern passage along Canada, making the route fully accessible to commercial shipping traffic approximately one month earlier than last year, Global Ice Center at Weathernews Inc. said in its 2014 predictions for ice concentration in the […]

Strong First Half for Navios

Strong First Half for Navios

Navios Maritime Partners L.P., an international owner and operator of drybulk and container vessels, has had a strong financial performance according to its financial results for the second quarter ended June 30, 2014.   Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, said: “We achieved EBITDA of USD 54.2 million and net income of USD […]

Peters & May Introduce USA to Australia Vessel Shipping Service

Peters & May Introduce USA to Australia Vessel Shipping Service

Peters & May boat transport operator has announced the departure schedule of its newly introduced sailings from USA and Europe to the East Coast of Australia.   The first sailing is scheduled from Newport and Fort Lauderdale in early October with a return trip from Sydney and Brisbane to West Palm Beach, which will start […]

Steady Sailing for Scorpio Tankers

Steady Sailing for Scorpio Tankers

Scorpio Tankers Inc. had a net loss of $0.6 million, or $0.00 basic and diluted loss per share, according to the shipper’s first quarter results.   The company’s fleet expanded for 12 vessels, as it took delivery of four vessels (one LR2, two MR, and one ice-class 1A Handymax) in July 2014 and eight vessels […]

RS Turns to Baku Shipyard for Newbuilds

RS Turns to Baku Shipyard for Newbuilds

Russian Maritime Register of Shipping (RS) has signed a contract with Baku Shipyard LLC for the construction of three 38М high speed crew boats (designer – SHIPTECH, Singapore) for Azerbaijan State Caspian Sea Shipping Company. Construction is set to begin in August 2014 and the boats should be delivered to the customer by May 2016. […]

Evergreen Improves Ireland and UK Services

Evergreen Improves Ireland and UK Services

Taiwanese-based Evergreen Line has revealed enhancements to its services to/from Dublin (Ireland) and Liverpool (Northwest England). From its hub in Rotterdam the line will offer a twice-weekly service to Dublin and dedicated slots on a weekly basis to Liverpool.   The move is designed to more effectively integrate the line’s services to/from the North of England and Ireland […]

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