Yearly Archives: 2019
Two International Shipping Companies To Pay $1.8 Million Criminal Penalty
Shipping companies to pay $1.8 million in Delaware Valley oil pollution case, reports DelawareBusinessNow.
What is the violation?
Two shipping companies incorporated in Liberia pleaded guilty...
Maersk Wins Customer Service Award, 2 Years in a Row
Maersk won the prestigious Customer Service Award at the 2019 Global Freight Awards, says a press release published on their website.
The Global Freight Awards...
A Downtrend for Ex-Wharf HSFO Bunker Premiums
The Singapore ex-wharf premium for 380 CST high sulfur bunker fuel extended its downtrend to a four-month low at Asian close Thursday, S&P Global...
Pirates Abduct 18 Sailors Off Nigeria Coast
Eighteen Indians on board a Hong Kong-flagged vessel were kidnapped by pirates near the Nigerian coast, reports NDTV.
The Hong Kong-flagged ‘VLCC, NAVE CONSTELLATION’ was...
Shippers Angry of EC Block Exemption Regulation Extension
According to a LoadStar report, shippers have “slammed” the EC’s recent decision to renew the consortia block exemption regulation (CBER) for four years, claiming...
Unifeeder Takes a Major Stake in the Feedertech Group
Unifeeder, a 100% owned subsidiary of DP World, has announced the acquisition of a 77% stake in the Feedertech Group, reports Investegate.
Emergence of end-to-end...
Year End Witnesses a Plunge in Oil Market
Crude oil prices were up in Asia-Pacific markets as Chinese manufacturing data came in stronger than expectations, reports Freight Investor Services.
Deeper production cuts
The weekend...
Standard Portable Sampling To Effectuate BWM Convention
Maintaining an accurate portable testing will enable enforcement of IMO’s Ballast Water Management Convention, reports Riviera Maritime Media.
Need for compliance testing
A total number of...
Underage Stowaways Aboard UK-Bound Cargo Ship
The crew members of an Estonian cargo ship, the MV Anetta, have found four irregular migrants, reports Morocco World News.
The vessel sailed from Zeebrugge...
80% German Maritime Companies To Opt for LSFO
German shipping companies are planning to switch to the new sulfur-reduced Low Sulphur Fuel Oil (LSFO) from next year on, reports Xinhuanet.com.
Switch to LSFO
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