against U.S. goods. The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential tariff exemptions and suggested a hardening of the Trump administrations
approach to trade negotiations. It also sent a chill through financial markets, with the Dow Jones Industrial Average down about 1 percent.
crowning John Angelicoussis (pictured left) as the highest valued Greek shipping billionaire, whose 129 ships are valued at $7.9bn. In second place is George Economous whose diverse fleet is valued at $7.17bn, while George Procopiou is in third with a fleet
(H2H) project was established in November 2017, and with the help of the European Global Navigation Satellite System (GNSS), EGNOS and Galileo, aims to help mariners in taking correct navigation decisions and create a fundamental basis for autonomous vessel
operations: specifically targetting solutions that can enhance safety in busy waters and during close maneuvering.
time charters attached to the vessels run until 2024, and include options to extend by 18 months. The seller and price were not revealed, and payment will be made via a mix of cash and around 4 million new shares in Ship
Finance International. Financing of the cash portion is via cash on hand and a $320m unsecured loan from Fredriksens Hemen Holding.
of 25.8 million. Asia, accounting for about 15 percent of total global ocean passenger volume in 2017, experienced a 20.5 percent increase last year in comparison to 2016. Domestically, the U.S. and Canada saw ocean passenger
growth in 2017 with a five percent increase over the prior year. Australia also experienced some positive growth at around five percent.
at proof of concept stage and will create an end-to-end supply chain with a digitized flow of trading information to improve connectivity and reduce supply chain costs. PwC Partner, Ben Lannan said: The port whether sea or air is the first and last point
of domestic contact in the international supply chain, and is the primary point at which all significant supply chain participants converge."
the importance of brand. You want a Lego container ship itll be Maersk branded (and awesome). No names, of course, but several liner companies have excelled at telling the industry just how good and successful they are at
social media use. But how well do they really stack up against each other on LinkedIn, the most business-focused of all the social media platforms?
Among them was that of his friend, the ships 23-year old electrician Matthew Clements, from Bournemouth. Holloway said: The shipping industry is a tightly-knit community, with lifelong friendships formed. Matthews loss was
a huge blow to many, and he is never far from our thoughts, particularly this week.
while navigating westbound in the St. Lawrence Seaway. The vessel remained aground as of Wednesday afternoon with two tugs on scene attempting to the refloat it.
countrys immigration policy and regulations. The changes are predominantly positive for the maritime and offshore industries as they have shed light on some of the grey areas that existed under the previous legislation. A useful guide on how the new immigration
regulations apply to seafarers provide a practical overview of the main regulatory aspects related to foreign seafarers in Brazil.
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