The number of seafarers held hostage by pirates has increased sharply over the first half of 2018, according to a new report from the ICC International Maritime Bureau (IMB). During the first six months of the year, a total of 102 seafarers were taken hostage – up from 63 over the same period in 2017. […]

Posted by: on Sep 19, 2018 read more

STCW ‘failing to deliver’ on crew competence

The STCW Convention is failing to serve as a suffi cient standard to satisfy some operators of the competence of key crew members, a leading training company has warned. Mark Woodhead, EMEA senior vice-president with KVH, said come oil companies and major industry associations are pushing for alternative systems to ensure that seafarers do have […]

Posted by: on Sep 19, 2018 read more

TORM signs a fleet agreement to install Alfa Laval PureBallast 3 Ex systems on 47 product tankers

TORM, an international product tanker owner and operator based in Denmark, will retrofit 36 Alfa Laval PureBallast 3 Ex systems within its existing fleet and fit PureBallast 3 Ex systems on 11 newbuilds. Alfa Laval will provide large-flow ballast water treatment systems for 36 vessels between 2019 and 2024. TORM is a product tanker company […]

Posted by: on Sep 18, 2018 read more

ICTSI Basra increases capacity of Iraq port

International Container Terminal Services (ICTSI) said the infrastructure development in the Port of Umm Qasr in Iraq allowed larger ships to call and brought significant benefits to importers in the country. ICTSI’s subsidiary, Basra Gateway Terminal (BGT), said the ability of the Port of Umm Qasr to receive direct calls from larger container vessels was […]

Posted by: on Sep 12, 2018 read more

MOL to issue Japan’s 1st green bonds

TOKYO: Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced last August 7 a plan to issue green bonds (its 20th and 21st series unsecured corporate bonds) through a public offering in Japan’s domestic market. Green bonds are used to raise funds for businesses aimed at protecting and improving the environment. MOL established the […]

Posted by: on Sep 04, 2018 read more

Secure shipping promoted in workshop

Shipping forms the backbone of world trade, transporting around 80% of global trade by volume. No other method of mass transportation is as cost-effective or fuel-efficient. Each day, around 50,000 merchant ships deliver the things people need and want — from food, to clothes, fuel, raw materials, electronics, medication and more. The security of maritime […]

Posted by: on Aug 07, 2018 read more

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