Until 31 October 2013, the IMO will carry out an internet-based public consultation on the experience of administrative tasks in the maritime industry. The purpose is to reduce requirements that are unnecessary, disproportionate or obsolete. International regulation is of great importance to the administrative tasks to be lifted by the maritime industry. In 2011, the [...]
May 21, 2013 | Posted in
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Jacking gears are by definition the most characteristic systems of self-elevating units and jack-ups. However, this gear remains often neglected on board, with a high potential for dire consequences. In order to achieve higher availability, reduce the risk of gear failure and lower the life cycle cost, DNV is inviting the industry to participate in [...]
April 11, 2013 | Posted in
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The silent world is becoming less and less quiet: one reason for this is the increase in global maritime traffic whose effects on marine biodiversity are complex and still largely unknown. Quiet-Oceans has been selected to participate in a joint project funded by the European Commission to reduce the underwater noise footprint of shipping and [...]
The Panama Canal Authority (ACP) signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed. The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama [...]
The challenges of preparing to meet the next generation of shipping regulations were very much on the minds of the participants at Germanischer Lloyd’s (GL) latest exchange forum in Szczecin, Poland. Reducing the impact of global shipping on the environment and making improvements in efficiency are the focus of looming legislation that over the next [...]
At the end of a year in which the World Maritime Day theme of “Piracy: orchestrating the response” has been central to the work of IMO, the Organization can look back on 12 months of relatively good progress that have laid the foundations for cautious optimism about the future. Recently compiled statistics show that the [...]
December 16, 2011 | Posted in
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![Monaco: Scorpio Tankers Inc. Converts its Credit Facility into Reducing Revolving Credit]()
Scorpio Tankers Inc. announced today that it has amended its 2010 Credit Facility converting it to a reducing revolving credit facility from a term loan and that it has agreed to time charter-in two vessels. The Company executed an amendment to its 2010 Credit Facility with Nordea Bank Finland plc, acting through its New [...]
