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The Brazilian-owned tanker Livramento, which was placed under quarantine by Argentinian authorities on Saturday after one crew member was diagnosed with swine flu, has been released from the port of San Lorenzo and allowed to resume its voyage to Tramandai and the north east coast of Brazil . The ship was initially placed under a 40-day qua...
The International Union of Marine Insurance has come out in support of the changes imposed on the International Association of Classification Societies membership criteria following an EU antitrust investigation. IUMI welcomed the shift to what it described as "qualitative rather than quantitative" criteria for membership of the organisation. IUMI secreta...
Study finds most exporting nations don't fully enforce OECD convention Most of the world's leading exporting countries fail to fully enforce a ban on foreign bribery, according to a new report prepared by Transparency International. The report shows that only four out of 36 countries evaluated actively enforce the Anti-Bribery ...
Matson Navigation Co. is facing a potential work stoppage by its crewmembers, including captains, as a result of stalled contract negotiations. Workers in the International Organization of Masters, Mates & Pilots voted to authorize a strike if necessary, the Honolulu Advertiser reported. The crewmembers’ contract expired Th...
American shippers and freight forwarders involved in the Pacific Southwest/Australia/New Zealand trade believe that recently proposed changes to a vessel sharing agreement may lead to anticompetitive liner carrier behavior and want the U.S. Federal Maritime Commission to fully review the amendments before signing off on them. In the Ju...
The A.P. Moller – Maersk Group is pleased to announce that it won “The Corporate Social Responsibility” Award at the 2009 Seatrade Asia Awards at the Pudong Shangri-La Hotel, Shanghai . The award recognizes the leadership demonstrated by the A.P. Moller – Maersk Group in the shipping and transportation sector in the area of...
US chemicals group Ashland Inc has sold its global marine technical supply and products business Drew Marine to equity firm JF Lehman for US$ 120m before tax in a bid to reduce its debt burden. "This transaction will be a win for all parties," said Ashland chairman James J. O'Brien. "For Ashland , this reflects our strategy to strengthe...
Heavylift specialist Dockwise has announced that it expects to have cut its massive debt by US$ 58m by the end of the second quarter of the year. The reduction will still leave Dockwise's total debt at US$ 963m . The reducting will be driven by the release of the remaining US$ 40.6m held in the escrow account for the Mighty Servant 3, which is ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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