International accountant and shipping adviser Moore Stephens said that changes recently approved by the Greek parliament to the country’s tax laws will impact companies engaged in the shipping industry. There is a new requirement for Greek shipowners to pay tonnage tax on ships operating under flags other than the Greek flag which are managed by [...]
May 29, 2013 | Posted in
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In future, commercial shipping will have to observe a speed limit of 10 knots in the port of Hamburg. The speed limit is to help reduce erosions on the river embankment caused by waves generated by ships. So far the commercial shipping regulations applicable on the river Elbe require ships to travel at a “safe [...]
May 27, 2013 | Posted in
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A team of editors of World Maritime News portal has paid a visit to one of the major ports of the Adriatic coast, the Port of Bar in Montenegro. Over the past five years, the port management was divided into two operators, Luka Bar AD and AD Container Terminal. Luka Bar AD rated this year’s [...]
At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world’s transport ministers from more than 50 countries (22-24 May), the views of the global shipping industry were represented by the International Chamber of Shipping (ICS), the principal global trade association for shipowners. ICS explained the realities of the very serious [...]
May 24, 2013 | Posted in
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Gasum and the owners of the Tornio ManGa LNG project are collaborating to explore opportunities for liquefied natural gas (LNG) sourcing and shipping logistics for terminals in Tornio and Turku. The joint effort aims to create a cost-efficient, Finnish LNG sourcing and shipping solution for industrial, energy production and maritime transport use. The aim is [...]
May 21, 2013 | Posted in
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Recent analysis by energy research firm Zeus Development Corporation has identified International Organization of Standardization (ISO) intermodal tanks as an important enabling technology for marine operators to switch from petroleum fuels to natural gas. The marine industry is accustomed to transporting and storing ISO containers for general freight and bulk liquids. Specialized insulated containers increasingly [...]
North-Western Shipping Company, JSC took delivery of the third self-propelled dry-cargo vessel of RSD49 project ‘NEVA-LEADER 3′ from Nevsky Shipyard on May 16th 2013. The Project was developed by “Marine Engineering Bureau-Design-SPb”, JSC in close co-operation with the specialists of the customer and the shipyard. The feature of RSD49 project vessel is the existence of [...]
May 17, 2013 | Posted in
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The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Ravi”, a Handymax dry bulk carrier. The 1997 built vessel of about 45,300 dwt will be delivered to the buyers in Q1FY14. The Company’s current fleet stands at 31 vessels, comprising 22 tankers (9 crude carriers, 12 product carriers, [...]
On May 16th, Capt. Wei Jiafu, Chairman of COSCO Group met with the state-visiting Prime Minister of Greece Antonis Samaras and his senior delegation in Diaoyutai State Guest House. Both parties thoroughly exchanged views on collaboration between COSCO Group and the Port of Piraeus. At the meeting, Prime Minister Samaras said that COSCO Group enjoys [...]
May 17, 2013 | Posted in
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Effective from 9th June 2013, COSCON and ANL will jointly operate Sino Australia Service (SAS) service with 6 vessels deployment, in which 5 vessels from COSCON and 1 vessel from ANL. The new loop will enhance COSCON existing service network in the Japan, Korea, China, Hong Kong and Taiwan / Australia trade and offer competitive [...]
May 17, 2013 | Posted in
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