Archive for March, 2014

Seaman Guard Ohio crew win bail

Seaman Guard Ohio crew win bail
Seaman Guard Ohio. Photo: AdvanFort. Thirty-three of the 35 crew and guards who served aboard AdvanFort’s Seaman Guard Ohio were released on bail by the Chennai High Court on 26 March. They have been imprisoned in India since 12 October, when the armed-guard accommodation vessel was accused of...
March 28th, 2014 | Bunkering, Claims, Legal, Military, Politics and Government | Read More

Major Sponsors support human powered submarine races

Major Sponsors support human powered submarine races
École de Technologie Supérieure (Quebec, Canada) team’s submarine Omer 8 was the overall winner in 2012.* The Lloyd’s Register Foundation and the Babcock Group have come on board to support twelve teams of University engineering students from six countries on three continents who will be...
March 28th, 2014 | Associations, IMarEST, Sports, Technology, Underwater Shipping | Read More

Inland Ports discuss European issues on the Danube

Inland Ports discuss European issues on the Danube
The Danube Inland Ports came together today in Bratislava for the Executive Committee meeting of the European Federation of Inland Ports (EFIP). Ports discussed a number of political issues that are currently on the Brussels agenda. The new Trans-European Transport Network (TEN-T) Policy remains one...
March 28th, 2014 | European Union, Inland Waterways, News, Politics and Government, Ports & Terminals | Read More

Shipping confidence hits highest level since 2008

Shipping confidence hits highest level since 2008
Overall confidence levels in the shipping industry rose to their highest level for almost six years in the three-month period to February 2014, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Freight rates look set to improve or maintain...
March 28th, 2014 | Insight, Markets, Reports | Read More

Diana Containerships announces the filling of its annual report on form 20-F

Diana Containerships announces the filling of its annual report on form 20-F
ATHENS, GREECE, March 28, 2014 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that on March 26, 2014 it filed its 2013 Annual Report on Form 20-F with the United States Securities and Exchange...
March 28th, 2014 | Company Profiles, Container shipping, Markets | Read More

Expanding trade and smaller navies are good news for pirates

Expanding trade and smaller navies are good news for pirates
Standing, The Hon. Mr. Justice Eder summing up and on an l to r panellists Richard Siberry QC, William Howard and Peter Cook The London Shipping Law Centre’s third major seminar of the year, ‘Piracy legal, commercial and political developments’, was a resounding success, on 26 March, and was attended...
March 28th, 2014 | Conferences, Seminars, Forums, European Union, IMO, Insurance and Reinsurance, London Shipping Law Centre, Military, Piracy and Terrorism, Politics and Government, Shipmanagement | Read More

Type approval opens the market to L01 control

Type approval opens the market to L01 control
Terje Akerholt Full type approval has been granted to the new generation ‘plug and play’ L01 control lever, opening the way for widespread uptake of the integrated electronic shaft system technology Norwegian supplier Lilaas believes will change the entire ship control sector. The all-electric L01...
March 28th, 2014 | Marine Equipment Products and Services, News, Shipbuilding and Shipyards, Technology | Read More

ITF president weighs in on multi-million dollar fisheries dispute as New Zealand parliament delays action

ITF president weighs in on multi-million dollar fisheries dispute as New Zealand parliament delays action
The ITF HQ’s in London 28 March 2014 – International Transport Workers’ Federation (ITF) president Paddy Crumlin has met with key stakeholders in Auckland, New Zealand, about the ongoing campaign to secure NZD30 million in unpaid wages for fishers in the region. The ITF has contributed...
March 28th, 2014 | Fisheries, ITF, Labour Disputes | Read More

Euronav final year results*

Euronav final year results*
Highlights 2013  CORPORATE Euronav launched an exchange offer on all outstanding bonds with maturity 31 January 2015 in exchange for newly issued convertible bonds maturing 31 January 2018. The final aggregate principal amount of existing convertible bonds that were validly tendered for exchange was...
March 27th, 2014 | Markets, Reports, Stock Markets | Read More

Exmar: Final Results 2013

Exmar:  Final Results 2013
Viewers can find here below the link to the latest press release issued on behalf of Exmar with respect its Final Results for 2013 Final results 2013
March 27th, 2014 | Company Profiles, Markets, Stock Markets | Read More

Welcome Luncheon in Honor of US Ambassador to Greece Mr. David D. Pearce

Welcome Luncheon in Honor of  US Ambassador to Greece Mr. David D. Pearce
The International Propeller Club of the United States (Port of Piraeus), held a private welcome luncheon in honor of the new US Ambassador to Greece, Mr. David D. Pearce at the Yacht Club of Greece, on March 26th, 2014. This was the first luncheon bringing together the current Board of Governors, the...
March 27th, 2014 | Charity, Clubs, Events, People and Places, Ports & Terminals | Read More

The Boat Village Offers Major Enhancements for Marine Businesses

The Boat Village Offers Major Enhancements for Marine Businesses
Leading Mobile Application Makes it Easier for Professionals to Streamline Online Service Coordination and Preventive Maintenance Hobe Sound, Fla. – March 27, 2014 – (Marine NewsWire) The Boat Village, the marine industry’s leading mobile communication and service coordination platform, announced...
March 27th, 2014 | IT and Communications, Marine Equipment Products and Services | Read More

SuperShuttle drivers fight for their jobs

SuperShuttle drivers fight for their jobs
The ITF HQ’s in London 27 March 2014 – Airport shuttle drivers in Denver, USA, rallied outside employers SuperShuttle last week, under the threat of reduced wages and potential job losses. The drivers, represented by ITF affiliate the Communications Workers of America (CWA), were told they...
March 27th, 2014 | ITF, Labour Disputes | Read More

Hot Port News from GAC

Hot Port News from GAC
Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Worldwide – Incident in the Bab El Mandeb * Worldwide – ICC: Beware spurious oil fraud claims * Germany, Kiel Canal – Strike update (27 March) * South Africa, Cape Town – Bunker product shortage *...
March 27th, 2014 | Bunkering, Canals, Port Conditions, Ports & Terminals, Strikes | Read More

‘Forecasting and managing excess capacity in the container industry’ at Intermodal Asia 2014

‘Forecasting and managing excess capacity in the container industry’ at Intermodal Asia 2014
A conference session titled ‘Forecasting and managing excess capacity in the container industry’ will be presented by Sarah Bennett, of Lloyd’s List Intelligence (LLI) at Intermodal Asia 2014. Intermodal Asia takes place from 1-3 April at the Shanghai World Expo Center and the special container...
March 27th, 2014 | Conferences, Seminars, Forums, Exhibitions, Ports & Terminals | Read More

DGS Marine reports significant growth in fixed premium P&I market

DGS Marine reports significant growth in fixed premium P&I market
Increase take-up following 2014 P&I renewals as ship owners look to cut operating costs and control insurance spend DGS Marine, a leading global P&I (protection and indemnity) management provider, and exclusive manager for the British European and Overseas (BE&O) P&I facility, has announced...
March 27th, 2014 | Markets, P and I Clubs | Read More

The US continues to expand the scope of Ukraine-related sanctions

The US continues to expand the scope of Ukraine-related sanctions
Over the past several weeks, President Obama  has issued three separate Executive Orders (13660,  13661 and 13662) in response to the crisis in  Ukraine. Each of these Executive Orders authorizes  the US Treasury Department to designate individuals and entities (“Specially Designated Nationals,...
March 27th, 2014 | European Union, Legal, Organisations, Politics and Government, Sanctions | Read More

Industry giant John Denholm to speak about BIMCO at next Shipping Professionals London event

Industry giant John Denholm to speak about BIMCO at next Shipping Professionals London event
John Denholm John Denholm is set to give a highly anticipated speech on the history of Denholm, and the BIMCO story from a shipowners’ perspective, at the next Shipping Professionals Network London (SPNL) meeting. The event is being sponsored by Norton Rose Fulbright and will be held at their offices...
March 27th, 2014 | Associations, BIMCO, Conferences, Seminars, Forums, Events | Read More

HFW Partner Marcus Bowman becomes President of UK Chamber of Shipping

HFW Partner Marcus Bowman becomes President of UK Chamber of Shipping
Marcus Bowman Following a year as Vice President of the UK Chamber of Shipping, yesterday HFW Partner Marcus Bowman took up office as President for the next year. In his opening address to the Chamber (which was reported in Lloyd’s List), Marcus discussed the importance of the UK to the worldwide...
March 27th, 2014 | Associations, Legal, People and Places | Read More

Brazilian heavy-weight shippers line up for 1st Cool Logistics Americas

Brazilian heavy-weight shippers line up for 1st Cool Logistics Americas
brf, Pomagri and Agrícola Famosa executives to share views on market outlook and challenges at first dedicated Latin perishables trade and logistics forum in Brazil this May London and São Paulo,  26.03.2014 – José Perottoni, International Logistics Director of brf SA, one of the world’s...
March 26th, 2014 | Associations, Consumers Market, Food and Drink, Reefer Containers, Reefer ships, Trade and Commerce | Read More

A Royal Day to remember

The Queen and The Duke of Edinburgh visit Lloyd’s to unveil a plaque commemorating the market’s 325th anniversary. (source: Lloyd’s of London) Lloyd’s staff, underwriters, brokers and members gathered in the Underwriting Room to greet Her Majesty with a resounding cheer. Lloyd’s chairman...
March 26th, 2014 | Anniversaries, Insurance and Reinsurance | Read More

Lloyd’s achieves “outstanding” results for 2013

Lloyd’s achieves “outstanding” results for 2013
Wednesday  26 March 2014 – Lloyd’s has today announced a profit of £3.2bn with a combined ratio of 86.8%, in its most profitable year since 2009. (source: Lloyd’s of London) While the results were driven by a relatively benign year for catastrophes, along with prior year reserve releases,...
March 26th, 2014 | Insurance and Reinsurance, Marine Insurance, News, Reports | Read More

Empowering the Global Community

Empowering the Global Community
Reload Greece will host its second conference in London, at the Hellenic Centre, on March 29th, 2014. This year’s conference theme, “Empowering the Global Community”, will highlight the role that the global community can play in shaping the future of a developing economy. Looking at “Connected...
March 26th, 2014 | Clubs | Read More

Dispute escalates in Belgium as attack on EU dockers continues

Dispute escalates in Belgium as attack on EU dockers continues
The Europe-wide fight to protect dockers’ work is continuing as a dispute in the port of Antwerp, Belgium escalates. The ETF and ITF are supporting affiliated unions throughout the region as they deal with attacks via European Union and national legislation, and direct through employers. The Common...
March 26th, 2014 | ITF, Labour Disputes | Read More

Negotiating the jurisdictional maze

Negotiating the jurisdictional maze
Andrew Bandurka Negotiating the jurisdictional maze Insurance Company of the State of Pennsylvania (ICSP) v Equitas Insurance Company Ltd (EIL) This case illustrates the complex jurisdictional issues and consequent tactical considerations which may arise when an insurance or reinsurance contract does...
March 26th, 2014 | Insurance and Reinsurance, Legal | Read More