V.Group Announces New Leadership
Following the appointment of Chairman, John Pattullo and non-executive director Jesper Kjaedegaard on 9 March, V.Group is pleased to announce its decision to appoint a new CEO to start in Q4 2017. This decision...
World’s Dirtiest Fuel Seen Holding Out Even as Ships Clean Up
Even as the owners of ships carrying everything from bananas to oil spend billions of dollars to meet tighter clean-air rules, demand to buy the dirtiest fuel will still hold out in some parts...
Italian Submarine Collides with Cargo Ship
On Thursday, the Italian military has confirmed that a navy submarine had struck a cargo ship off the coast of Calabria.
What happened?
Naval officials said the Scire, a 180-foot U212 sub, had been sailing to...
Maersk Line Reports Loss Due to High Bunker Price
CEO of A.P. Møller - Mærsk A/S, Søren Skou, states: "A.P. Møller - Mærsk A/S delivered an underlying profit of USD 201m in line with same quarter last year. Whilst we cannot be satisfied with...
Dual Fuel Retrofit Studies Initiated by CEDA
A project being led by Central Dredging Association (CEDA) member Dragages Ports (DP) will see the Spanish dredging contractor’s 8,500m3 capacity trailing suction hopper dredger 'Samuel de Champlain' retrofitted from MGO to a dual...
Swedish Owners Face Triple Lock on LNG
A lack of infrastructure, a lack of financing and a lack of a ready market represent a triple lock for Swedish tanker owners pioneering the use of LNG fuel.
Outside the behemouth that is Stena...
Egypt’s Suez Canal Revenue $853.7 Million in April and March
Egypt's revenue from the Suez Canal was $853.7 million in April and March, 4.1 percent higher than the same period a year earlier, the Suez Canal Authority said in a statement on Wednesday.
The statement...
[Watch] Heart-stopping Moment Daredevil Leaps Off Cruise Ship
A guest on board Princess Cruises’ Star Princess has been caught on camera performing an extreme forbidden act.
Being filmed from the dock more than 50ft below, the man could be seen perched at...
IUMI Releases Statistics at Spring Meeting
Statistics released at the International Union of Marine Insurance (IUMI) annual spring meeting have raised a series of issues that will continue to challenge marine underwriters for the foreseeable future. Some of the areas...
Accused Ship Arrived at Port, Raises Question
A second ship accused by the NGO Mother Nature of illegally exporting dredged ocean sand last week is expected to arrive at a port in China today with a cargo of silica sand, which...