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...

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...

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...

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...

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...

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...

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...

Cosco Considers London Stock Exchange Listing

Cosco trying to raise capital on the London Stock Exchange in a bid to move to the European market. Through the global depository...

Crowley Adds 400 New Refrigerated Containers to its Fleet

Crowley Logistics received 400 new reefers in Santo Tomas, Guatemala to accommodate the northbound reefer season through May 2019. Crowley has invested over...

Ballast Water Management Systems With High Flaw Rates

American Shipping Bureau survey reports that 30% BWTS have problems and 15% are inoperable. The survey conducted among 220 vessels cutting across 27...