and Beijing. Papagiannopoulos, from Greek dry bulk firm Common Progress, said: The global shipping industry naturally gets concerned when two nations of huge importance…get in the ring to fight a trade war gloves
off. I am still hopeful that world trade will not implode and encourage the involved parties to avoid a brutal and harmful escalation that will affect the shipping industry badly.
out of the multi-party agreement, which he had labelled a horrible deal because he claimed it gave up too much to the Tehran authorities. When the deal was put in place three years ago the US and other major powers lifted
a number of sanctions and embargoes already imposed on Iran in return for that country reining in its civilian nuclear program in a verifiable fashion.
ICS fully supports the objectives of the IMO cap, the overnight introduction of this regulatory game-changer will have enormous implications for ship operations. It will be vital to get the implementation right, Poulsson noted in the just published ICS annual
been arrested by the Tripoli-based government of Libya on charges of oil smuggling over the last several years, and they remain in prison awaiting trial. Black market petroleum smuggling is a serious problem in Libya, and as the government attempts to crack
down on illegal activity, foreign vessels may find themselves caught up in enforcement actions (whether they are aware of an alleged offense or not).
professionals from around the world puts a human perspective on the sweeping changes that autonomous shipping could bring to the industry. The survey found that the reaction of seafaring personnel and shoreside professionals
was generally cautious and largely sceptical, not unsurprisingly concerned about their jobs.
Panama Canal. Rather than address safety issues that the tugboat captains and others say contributed to recent accidents, the ACP has now begun disciplinary proceedings for 22 Panama Canal tugboat captains who raised questions
about short-staffing and crew fatigue.
handled 56.81 Million Tonnes of cargo during the period April 2018 as against 55.82 Million Tonnes handled during the corresponding period of previous year," said a press release from the government. The Nine Ports Kolkata
(including Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic.
to the scrapping of the vessel owned by Sanbo. The deregistration of Sanbo is not expected to have any material impact on the net tangible assets and earnings per share of the company for the financial year ending December
31, 2018, COSCO Shipping International said.
upon the existing Directive. The existing Directive 2000/59 has contributed to decreasing significantly waste discharges at sea. The minimum fixed fee, which has to be paid by all ships calling at EU ports, regardless of whether they use the waste facilities
or of the quantities they deliver, has delivered. As a result, only 2.5% of oily waste is not delivered at waste facilities in ports.
was USD 211 million, a 3% increase from USD 205 million reported in the previous quarter, supported by stable or higher operating revenue within all three reporting segments. The companys net profit surged by 280% to
USD 142 million from USD 37 million seen in the quarter ended December 31, 2017.
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