present, according to the ITF, there is a potential contractual gap for seafarers who are unlucky enough to be kidnapped by pirates. Under the amendment, seafarers and their families would continue to benefit from contractual wages during the period of captivity,
"regardless of whether the date fixed for [contract] expiry has passed or either party has given notice to suspend or terminate it."
has caused three fatal accidents at Italian ports this year. Lashing is dockwork and abuses must be sanctioned, the dockers section of the European Transport Workers Federation said on its Twitter account over the
three carriers have signed off their final annual accounts covering the period before the transfer of their container businesses on 1 April. Henceforth, the Japanese trio will record container earnings through their equity
in ONE, in which NYK holds a 38% stake and K Line and MOL a 31% share each.
money at container shipping, building ships that are not needed . . . for companies who [are] not profitable and who do not have a profitable business model," AP Moller-Maersk CEO Søren Skou said in an address at Singapore Maritime Week. "In my mind there
is no longer anything strategic about governments investing in shipping."
looking for government and private investors for a scheme to guide huge chunks of ice across the ocean, chop them into a slury and melt them down into millions of liters of drinking water. We want to show that if there
is no other source to solve the water crisis, we have another idea no one else has thought of yet, said Sloane, who led the refloating of the capsized Italian passenger liner Costa Concordia.
Thwaites and an adjacent, similar ice sheet were to collapse, it would raise sea levels by up to three feet. The Thwaites Glacier already accounts for about four percent of global sea level rise – an amount that has doubled since the mid-1990s. Several studies
have concluded that it is only a matter of time – very roughly, about 200-1000 years – before Thwaites and other nearby glaciers disappear into the sea.
model to make it easier for clients to book marine freight. Allcargo, which reported a drop in profit in four of the past five quarters, is betting on technology to revive volumes and take on overseas rivals such as DHL
Worldwide Express in Asias third-largest economy. The nation jumped 19 positions to 35 in the World Banks logistics performance including infrastructure, customs and timeliness.
regulations have required since 2012 that any ship carrying polluting and/or hazardous cargoes in bulk, or vessels above 10,000 GT enter into a pollution clean-up contract with a competent SPRO before it enters a China port. The
International Group has also published various standard documents to assist members in meeting the requirements, including a recommended SPRO agreement wording.
market participants have placed orders for a wide variety of ship types, and the chart above includes all major vessel segments from offshore to VLCCs, it added. There will be some slipping in these planned orders as market weakness
persists in the tanker and offshore segments, but even with this considered 2018 should be a bumper year.
forward for the industry. The facility, developed in partnership with Azendian Solutions, a Singapore based analytics company, will initially allow OSM to connect all its data sources around the world. In the near future, the
operations centre will also be a maritime innovation hub, with plans to develop game-changing technologies through an ecosystem of digital partnerships.
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