in full or in part, without economic substance and improperly accounted for." In response Aegean said that it has dismissed or suspended several employees, reconstituted its board, revamped its management team, and created an
independent audit committee.
Gas has come a long way in the past decade. It seems that once more, especially with rising fuel bills and environmental pressures that gas is being seen as the answer.
result of improved market sentiment, despite the fact that it has not translated, yet, to higher freight rates. In its latest weekly report, shipbroker Affinity Research noted that with summer practically at the doorstep, trade flows pick up in line with
section of the wreck is now listing 18 degrees to starboard, complicating salvors’ efforts to board it and prepare for its removal, even under normal weather conditions.
is set to launch at Singapore ports Marina South Pier in the third quarter of 2018, where Wilhelmsen Ships Service and Airbus will be piloting the delivery of spare parts, documents, water test kits and 3D printed consumables via Airbus Skyways unmanned
air system (UAS) to vessels at anchorage.
Wales, Australia last Friday. The Liberian-flagged YM Efficiency was sailing from Taiwan to Port Botany with 2,252 loaded containers when it encountered rough weather off Port Stephens, News South Wales shortly after midnight on
June 1, 2018.
focus on challenges and future prospects for the dry bulk and oil tanker shipping markets, including implications of the 2020 global sulphur cap. The debate will be hosted by BIMCO chief shipping analyst Peter Sand and BMCO
president Anastasios Papagiannopoulos who will inaugurate the event.
last Tuesday, but the company’s vessel Seabed Constructor is reported to have moved to a new search area at a latitude of 25 degrees South and 101 degrees East where the Chinese navy ship Haixun 01 detected a suspected black box ping less than a month after
the plane disappeared on March 8, 2014 during a flight from Kuala Lumpur to Beijing with 239 people on board.
at times, so why not let the bridges go unmanned for select periods of time? A recently published white paper from the company suggests that technology is robust enough to allow this to happen if the regulatory landscape would
be adjusted to permit it.
55.81 MT cargo in April 2017, as per the Indian Ports Association. Fertilizer traffic volumes were up 60.66 percent to 0.58 MT during the month as against 0.36 MT in April 2017 while thermal coal volumes surged by 24.34
percent to 9.69 MT.
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