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HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract

Global, sector-focused law firm HFW has helped shipping association BIMCO draft an industry standard offshore decommissioning contact. The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with...

Port of Hamburg – Strong First-Quarter Growth Powers Upswing

Seaborne cargo throughput reaches 34.6 million tons (up 6.0 percent) USA now second largest trading partner in container traffic Container throughput increases by 6.4 percent to 2.3 million TEU Hinterland traffic growth: 8.0 percent Germany’s largest universal port is again...

The Domestic Maritime Industry Creates 22,500 Jobs and $6.12 Billion of Economic Impact in...

Washington Senator Maria Cantwell joined business and government leaders from around the region on Friday at the Seattle Maritime Festival Breakfast, presented by the Seattle Propeller Club with the Port of Seattle, to celebrate the importance of the domestic maritime...

The International Chamber Of Shipping (ICS) Has Announced Hat The Shipping Industry Is Likely...

ICS Secretary General Guy Platten said the industry can achieve the International Maritime Organisation’s (IMO) target of improving carbon efficiency by 40 per cent by 2030 compared to 2008 levels, as long as industry bodies continue to take action to...

Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover

Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week for...

UN Agency Pushes Forward on Shipping Emissions Reduction

IMO's Marine Environment Protection Committee (MEPC) pushed forward with a number of measures aimed at supporting the achievement of the objectives set out in the initial IMO strategy on reduction of greenhouse gas (GHG) emissions from ships, in line with the...

Shipping Minister: Ports Still Front & Centre

UK shipping minister Nusrat Ghani has responded to criticism of the government’s inability to focus on anything other than Brexit, to the detriment of the sector. Speaking at the UK Ports Conference, Ms Ghani said that while it’s “very difficult...

Port Users Decry ‘Arbitrary’ Shipping Lines’ Fees

Truckers, brokers and importers decried what they alleged as “arbitrary” fees imposed by shipping companies, as they urged government to intervene in this logistical nightmare that they said is causing prices of consumer products to skyrocket and affecting the...

Grandweld Shipyards Launches 10th Boat for KOT Fleet

The UAE-based Grandweld Shipyards has launched its sixth pilot boat for Kuwait Oil Company (KOC). As per the contract signed in May 2017, the ‘MESKAN’ is the final boat of ten – four crew transport boats and six pilot...

Bahri Highlights Unequaled Benefits of Inclusive Workforce at Annual Maritime HR Conference in London

Highlighting its commitment to continue playing a role in promoting a diverse and inclusive maritime sector, Bahri, a global leader in logistics and transportation, has participated in the 13th Annual Maritime HR Conference in London. The company’s Chief Support...
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Aramco Takes Bite Out Of Massive US LNG Project

Saudi Aramco struck a deal with U.S. Sempra Energy to buy 5 million tons of liquefied natural gas annually from Sempra’s Port Arthur LNG...

DP WORLD Group Chairman and CEO Meets Brazil Minister of Foreign Affairs

Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian...

Saudi Arabia Completes Shipment Using Blockchain; Teen Trucker Proposal Faces Scrutiny

Saudi Arabia said it has completed its first shipment powered by blockchain under Saudi Customs pilot program with TradeLens. TradeLens is a joint program...