against him. The prosecutor charged Marinakis with financing and storing drug substances and setting up a criminal group to traffic and sell drugs, a judiciary source said. The 50-year
old shipowner denied any wrongdoing saying that the charges were legally unfounded and accused the countrys leftist-led government of plotting against him.
have given STX and its workers until April 9 to agree to the package or face court receivership. STX has been told it can continue to build ships so long as it slashes 40% of its workforce and focuses on product, chemical
and LPG carriers.
has always been of those ashore. At last we are building a picture of what it means to be happy at sea, as the Mission to Seafarers has relaunched the Seafarers Happiness Index. Why is happiness so important and what difference can it make when it comes to
safety, performance, efficiency, even recruitment and retention of seafarers?
the Marshall Islands-flagged, 1993-built converted ore carrier sank in the South Atlantic, the start of what would turn into a dire year for Polaris with many more of its ageing bulker fleet found to have deficiencies. Keen to put the bad news behind it, Polaris
initiated a fleet rejuvenation programme last year.
countrys government to manage and invest in the Atlantic Coasts Port of Banana. DP World will hold 70% equity interest in the joint venture. The company will make an initial investment of $350m, which will be spread
over 24 months. The total project cost will be over $1bn, spread over four phases.
study by the Joint Group of Experts on the Scientific Aspects of Marine Environmental Protection (GESAMP), a United Nations advisory body, provides a new estimate of the extent that human beings are altering the cycling of nitrogen in the oceans. Extra nitrogen
is reaching the oceans through rain or dust fall, as a result of fossil fuel burning and intensive agriculture.
off the nation’s southwest coast. Conditions were foggy, says South Korea’s Coast Guard.
Sewol. The ferry sank in April 2014, killing over 300 people.
ships. The strategy is expected to set out the future vision for international shipping, the levels of ambition to reduce GHG emissions and guiding principles; to include candidate short-, mid- and long-term further measures
with possible timelines and their impacts on States as well as capacity building, technical cooperation and research and development.
origins, contents and whereabouts. The company says that these technologies could cut the multi-billion-dollar problem of fraudulent goods in half. "Almost everything has been copied," says Andreas Kind, manager of industry
platforms and blockchain at IBM Research. "The total value of counterfiet goods was estimated in 2015 to be $1.8 trillion dollars."
is especially pertinent given that Maersk has now declared general average, which means that the surviving cargo has to pay a share of the cost for the vessel damage, the tow, clean up, legal settlements, etc, said iContainers vp of sales and operations
Klaus Lysdal. By law, all shipping carriers are obliged to offer a minimum amount of insurance, but it offers limited coverage.
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