ClassNK Opens New Survey Office in Reggio Calabria
On December 5, the operations started for a leading classification society ClassNK, that has opened a new exclusive survey office in Reggio Calabria, Italy.
Demand for audit and surveys
Reggio Calabria, located in Southwest Italy, faces...
Samskip’s UK Investments Secure Supply Chain
The leading multimodal operator Samskip has become a major beneficiary of the Brexit. Within just 2 years of pre-Brexit investment in North Sea container shipping services, the company has secured the supply chain of...
Tanker Report – Week 49
VLCC
Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at WS 96. Going west, 280,000mt to the US Gulf remains...
VIDA Signed into Law
On December 4, the White House announced the bill which included the Vessel Incidental Discharge Act of 2018 (VIDA).
Bill passed
The 'Vessel Incidental Discharge Act of 2018 (VIDA)' bill (S.140) was signed into law and has...
World’s First Full Digital Shipping Company Shaping Up
Under "The Contopia Factor”, entire container fleet of one shipping company will be digitalized in 2019.
Mid to small size shipping companies have the chance to get selected to equip their entire fleet...
Divers Exceptional Bravery Gets IMO Award
On December 6, The International Maritime Organization (IMO) awarded the 'IMO Award for Exceptional Bravery At Sea 2018' to a Chinese diver.
Collective decision
This annual award was established by IMO to provide international recognition for...
New SRTI Platform For Disclosing Information On Ship Recycling
Ship Recycling Transparency Initiative(SRTI) launched in London to support sustain shipping
SRTI is an online tool for sharing information on ship recycling and to drive responsible practice
SRTI to support responsible recycling and is...
HMM to Leave 2M Alliance! May Join the Rival Ocean Alliance?
HMM plans to leave the shipping alliance with the 2M Alliance
HMM ready to forge a new ocean alliance when its ties with the 2M Alliance expire in April 2020
The contract is unfavourable for...
ONE Bunker Surcharge On All New Contracts from Jan. 1, 2019
ONE will implement a bunker surcharge on all new contracts beginning Jan. 1, 2019, "to be valid till further notice," to help offset the costs of preparing for 2020 sulfur regulations change.
The...
WFW to Retrofit Scrubbers On Selected Vessels
In a recent development, WFW advises MPCC on major scrubber acquisition order says a news letter published on their website.
Acquisition and finance info
Watson Farley & Williams (“WFW”) advised MPC Container Ships ASA (“MPCC“) on...