from the shipping industry have called for Brexit talks to be extended to avoid the "disruption" of a no-deal scenario. Maritime UK, whose members facilitate 95 per cent of all of the UK’s imports and exports, has urged the government and EU to extend
the Article 50 process if a deal is not agreed by October.
container transport businesses, which trades under the name OOCL. As at June 30, 2018, the Group had total liquid assets amounting $2.2 billion and total indebtedness of $4.2 billion. On July 13, a joint offer made by
COSCO Shipping and Shanghai International Port to acquire all the shares of OOIL achieved the necessary level of shareholder acceptance to become unconditional.
module started operating and a 20 ft dry container from Mitsui Chemical was shipped on a MCC Transport operated boxship heading from Singapore to Keelung in Taiwan. The shipper submitted a booking deposit in TEU tokens
and the carrier, owned by Maersk, responded by putting up an equal amount of TEU tokens on the same day.
to the investigation panel, potential ship problems that could have caused the disaster were a sudden turn made by the ship, the excessive cargo loaded and modifications to the ferry that could have affected her stability and buoyancy. The Sewol was carrying
twice her permitted cargo tonnage at the time of the capsize and the crew had reduced ballast to compensate.
industry. FellowSHIP has been a productive project, says Bjørn-Johan Vartdal, Maritime Programme Director for Technology and Research for DNV GL Group. Its results have shaped our knowledge of battery and hybrid power on board
ships and enabled the industry to implement innovations which will help to enable the next generation of more efficient and sustainable vessels.
dominates the global marine insurance market and losing access to specialist Protection and Indemnity (P&I) clubs could weaken its multi-billion pound shipping services sector. Andrew Taylor, CEO of UK P&I Club, said the
group had visited various places in Europe and opted for the Netherlands, which was best placed for its business model.
drugs were found following a joint-agency raid of the Singapore-flagged ship Cap San Tainaro in the waters off Barranquilla, Colombia shortly after the vessel departed Cartegena, Colombia bound for Antwerp, Belgium. A
total of fifteen people have been arrested in connection with the incident, the Navy said.
new operational design rethinks and redesigns the traditional Fleet Cell model, the building block of technical management at V.Group. With market-leading performance design and an open-plan layout based on the latest in ergonomic research, it enables a shift
away from single-user focus to full-team problem-solving.
from Duisburg to southern Germany, traders said. All of the German section of the Danube is too shallow for full loads, they said. Vessels are still sailing but are sometimes operating less than half full, one vessel
broker said. Water is so shallow in southern sections of the river that some barge owners are unwilling or unable to operate.
finance up to 60% of the fair market value of six Ultramax dry bulk vessels and six Kamsarmax dry bulk vessels. The units in question are SBI Athena, SBI Thalia, SBI Zeus, SBI Hera, SBI Poseidon and SBI Apollo, while the
Kamsarmaxes include SBI Conga, SBI Bolero, SBI Sousta, SBI Rock, SBI Reggae and SBI Mazurka.
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