OW Tanker Saves Its Assets through Alba’s Takeover

OW Tanker Saves Its Assets through Alba’s Takeover

OW Tanker A/S, a unit of Danish oil trader OW Bunker, has been taken over by Alba Tanker ApS, thus securing the company’s assets, according to Agence France-Presse (AFP). The agreement was reached on Wednesday, ...

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ICTSI Stretches Manila Terminal

ICTSI Stretches Manila Terminal

Philippines’ largest port terminal operator International Container Terminal Services, Inc. (ICTSI) has ...

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Shell Facing USD 4 Bln Bonga Oil Spill Fine

Shell Facing USD 4 Bln Bonga Oil Spill Fine

Oil major Shell might be facing a fine worth up to USD 3.96 billion as Nigerian National Assembly announces plans ...

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Stealthgas Snags Charters, Starts Shares Repurchase

Stealthgas Snags Charters, Starts Shares Repurchase

Athens-based Stealthgas Inc. has concluded chartering arrangements for nine LPG carriers, spanning from two months ...

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MHI Ushers In Sayaringo STaGE

MHI Ushers In Sayaringo STaGE

Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the “Sayaringo ...

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IMO Approves IGF Code

IMO Approves IGF Code

IMO’s Maritime Safety Committee approved, in principle, the draft International Code of Safety for Ships ...

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MPA Kicks Off SRS Forum

MPA Kicks Off SRS Forum

30 maritime organisations signed the Maritime Singapore Green Pledge at the the 2nd Singapore Registry of Ships ...

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Image of the Day: Chasing the Sun

Image of the Day Chasing the Sun

The image shows the U.K. Navy’s HMS Atherstone which has spent the last two weeks working in close company ...

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Crew of Grounded Bulker Running Out of Supplies

Crew of Grounded Bulker Running Out of Supplies

Crew of the Liberian-flagged bulk carrier Adamastos that ran aground in August and is left stranded in Rio Grande, ...

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CMA CGM Eyes OPDR Acquisition

CMA CGM Eyes OPDR Acquisition

French shipping giant CMA CGM revealed plans to acquire the German company OPDR (Oldenburg-Portugiesische ...

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ICS Questions Benefits of China’s Ship Recycling Policy

Illustration

The International Chamber of Shipping (ICS) voiced concern in relation to China’s new ship recycling policy, saying ...

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Steel Cut for SCF’s Icebreaking Supply Vessel

Steel Cut for Sovcomflot's Icebreaking MSV

The steel for Sovcomflot’s icebreaking multipurpose supply vessel has been cut today, 26th of November 2014 ...

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Third Strike and Mansour Is Out

Third Strike and Mansour Is Out

The 1977-built, 4150 dwt general cargo carrier M/V MANSOUR M has been banned for the third time from the Paris MoU ...

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SRI Warns of Mediterranean Rescue Budget Cut Effects

SRI Warns of Mediterranean Rescue Budget Cut Effects

Seafarers’ Rights International (SRI) has warned that merchant ship masters will be negatively affected by the new ...

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Approaching Limits in Ship Size Development

DNV GL’s Container Ship Forum and Bulk Carrier Forum

The shipping industry is slowly approaching limits in ship size development, DNV GL Business Director Jost Bergmann ...

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BIMCO to Develop Standard Ship Financing Term Sheet

BIMCO

The Baltic and International Maritime Council (BIMCO) has announced its intention to develop a standard term sheet ...

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UK Launches Study to Improve Maritime Industry

UK Launches Study to Improve Maritime Industry

The United Kingdom’s Transport Minister John Hayes has launched a wide-ranging study that will look at how to ...

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Second-Hand Market More Active than Newbuilding

Second-Hand Market More Active than Newbuilding

The Panamax and 2,500TEU sectors continued to be the two areas that sparked the most interest and the highest ...

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Two-Way Shipping Routes at PNG’s Jomard Entrance

Two-Way Shipping Routes at PNG’s Jomard Entrance

A new ship routeing system will come into effect on 1 June, 2015 at Papua New Guinea’s Jomard Entrance. The ...

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