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IMO Promotes Single Window for Ports

Photo:  International Maritime Organization (IMO)

 What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics?    How is  International Maritime Organization (IMO) supporting developing countries to get ready for the Facilitation Convention amendments which make electronic

NYK Line's Green Bonds Terms and Conditions Determined

Image: NYK Line

 Japan's Nippon Yusen Kaisha (NYK), the world's first shipping company to issue a labelled green bond, said that it has determined the below terms and conditions for the issuance of its 40th corporate debenture bonds, unsecured straight bonds.    Bond name will be Nippon Yusen Kaisha 40th Issuance

River Cruise Company Fined $400,000

© AJBC / MarineTraffic.com

A Thames river cruise company has been fined a total £304,925 (approximately $411,000) at Westminster Magistrate's Court in a prosecution brought by the Maritime & Coastguard Agency (MCA) for operating without a valid Domestic Safety Management (DSM) certificate.Sodexo Ltd pleaded guilty to operating without the valid certificate,

Illegal Fishing: Philippines CG Apprehends 5 Boats

A total of 74 crews including boat captains were apprehended by the joint personnel from Monitoring Control and Surveillance (MCS) 3004 vessel manned by the Philippine Coast Guard (PCG) and Bureau of Fishery and Aquatic Resources (BFAR) Region 5, and Coast Guard Station (CGS) Masbate in coordination

New Rules on Ship Emissions Herald Sea Change for Oil Market

© xy / Adobe Stock

New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur, which is blamed for causing respiratory diseases and is a component of acid rain that damages vegetation and wildlife.

One Million Ship Containers Missing after P&R Insolvency

© Claude Beaubien / Adobe Stock

Managers of insolvent P&R Group are being investigated after it was discovered the investment firm sold nearly one million more shipping containers than it owned, the Munich prosecutors' office said on Thursday.Once the world's biggest lessor of shipping containers, P&R sells containers to investors

ADM CFO: Supply Chain Can be Managed Through U.S.-China Trade Tensions

File Image (CREDIT: AdobeStock / © Igor Strukov)

Global grain merchant Archer Daniels Midland Co (ADM)feels it can manage its supply chain to adapt to China's threatened tariffs on imports of U.S. soybeans, Chief Financial Officer Ray Young said on Wednesday.   The Chicago-based company is confident the world's two largest economies will "get through" the trade dispute,

Container Shipping Line MSC Stops New Iran Bookings

The MSC Christina (CREDIT: Haifa Port)

The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal.   In a note to clients, privately held MSC said it was "ceasing to provide access to services to and from Iran",

Galveston Pilot Dispute: Round One goes to State Pilots

File Image (CREDIT: AdobeStock / © dbvirago)

Federal Pilots to appeal. Local spat has regional and national implications.   The Galveston-Texas City Pilots and the five-member Board of Pilot Commissioners for Galveston County are facing a serious legal challenge from five pilot applicants and their local attorney. In a nutshell, local, federally

DMA: Third Party Liability Insurance Mandatory for Small Vessels

Photo: Danish Maritime Authority

 After new regulation, all speedboats with a hull length below 15 m, personal watercrafts/jet skis and similar vessels must now be covered by a 3. part liability insurance.   Danish Maritime Authority informed that if the vessel does not have insurance coverage, you are not allowed to operate it.    The

Torm Stops Taking Orders in Iran Due to US Sanctions

(Photo: Torm)

Danish oil product tanker operator Torm on Tuesday said it has stopped taking new orders in Iran as a consequence of U.S. plans to reimpose sanctions on Tehran."We follow the situation closely and always follow the rules. Therefore, we have also stopped taking new orders in Iran," a spokeswoman told Reuters.

U.S. Coast Guard Responds to Collision

Coast Guard marine inspectors and investigators are investigating the cause of the collision and assessing the damage to the Tofteviken’s hull, and to ensure appropriate repairs are completed. Photo Credit: USCG Sector NY

The Coast Guard Sector New York is responding to a report of a collision at sea May 12, 2018, involving the loaded tankship Tofteviken and the commercial fishing vessel Polaris.   Coast Guard marine inspectors and investigators are investigating the cause of the collision and assessing the damage to the Tofteviken’s hull,

Monaco Accedes IMO Emissions Treaty

Photo:  International Maritime Organization (IMO)

 Monaco has acceded to the  International Maritime Organization (IMO) treaty covering emissions from ship exhausts and energy efficiency (MARPOL Annex VI).    The instrument limits the main air pollutants contained in ships exhaust gas, including sulphur oxides and nitrous oxides, and prohibits deliberate emissions of ozone depleting substances.

Pollution Contingency Plan by Cyprus, Greece and Israel

Photo: International Maritime Organization (IMO)

 The latest sub-regional contingency plan to deal with any oil pollution incident in the Mediterranean Sea has been signed, following support from the International Maritime Organization (IMO)-administered Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC).    An

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