Category: Foreign News

Maersk completes $5.1bn refinance

A.P. Møller-Maersk A/S announced yesterday the successful completion of a USD5.1 billion syndicated revolving credit facility with a selected group of 21 banks. The new...

Wärtsilä launches new aframax design

Wärtsilä has launched a new aframax tanker design, designed for lowest possible operating costs and high environmental efficiency, which it will be exhibiting on its...

U.S. Senators set new bid for food aid overhaul

Two U.S. lawmakers introduced legislation on Tuesday to end U.S. restrictions on international food aid programs, which they said would free up hundreds of millions of...

Greek PM pays tribute to country’s maritime power at Posidonia 2014 opens

In a stirring Posidonia 2014 opening speech, Greek Prime Minister Antonis Samaris paid tribute to the sea and seafaring as defining “the essence of Greece, its history...

Divers locate body of missing Captain following Japan tanker blast

The body of the missing captain of a Japanese oil tanker that exploded off the country’s southwest coast has been found, the coastguard has announced. Divers located...

New UK shipping boss makes passionate defence of immigration

The new President of the UK Chamber of Shipping, Marcus Bowman, has made a passionate defence of immigration on his first day in office. Speaking in his inaugural...

CMA CGM appoints vice-chairman executive officer

Rodolphe Saadé has been appointed as vice-chairman executive officer of the CMA CGM Group. Last year Saadé led discussions for the establishment of an operational...

U.S. Coast Guard gets new Commandant

Admiral Paul F. Zukunft has assumed command as the 25th commandant of the United States Coast Guard, relieving Admiral Bob Papp during a military change of command...

Another ship hijacked off Singapore

A Thai diesel oil tanker with 14 crew members en route from Singapore to Indonesia is believed to have been hijacked, the International Maritime Bureau (IMB) said on...

Posidonia 2014 opens in Athens

Posidonia, the world’s acclaimed most prestigious shipping exhibition opened yesterday in Athens, Greece. Posidonia 2014 was officially declared open by Greek Prime...

WCO renews MOU with ship brokers

The President of the Federation of National Associations of Ship Brokers and Agents (FONASBA), Ms. Marygrace Collins, on Tuesday visited the World Customs Organisation...

IAPH welcomes IMO container weighing move

The International Association of Ports and Harbors (IAPH) has welcomed the IMO’s Maritime Safety Committee’s (MSC) adoption of amendments to SOLAS on...