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IMO commits to further action on gender equality

Member States of the International Maritime Organization (IMO) have urged further firm action in coming years to advance gender equality throughout the maritime sector and reach a barrier-free environment, following a year of action to „empower women in the maritime community“ – the World Maritime theme for 2019.  The IMO Assembly, meeting for its 31st […]

IMO Assembly elects new 40-member Council

The Assembly of the International Maritime Organization has elected the following States to be Members of its Council for the 2020-2021 biennium: Category (a)    10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation, United Kingdom, United States. Category (b)    10 States with […]

Port of Baku signed MoU connecting Chinese and European hubs

The Port of Baku,  Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor).  The Federal Minister of Transport, Innovation and Technology of Austria, Mr. Andreas Reichhardt, and Ambassador of the […]

Construction Begins on K Line’s LNG-Powered Car Carrier

In December 2018, Kawasaki Kisen Kaisha, Ltd. (“K” Line) placed an order for a car carrier vessel fueled by LNG (liquefied natural gas) with Imabari Shipbuilding Co., Ltd. as a next-generation car carrier vessel with reduced environmental load. Construction has been started and expected completion will be in the fall of 2020. The outline of […]

Adoption of fully automated shipping will take decades, not years

The UK is the second least supportive nation in their attitude towards the development of unmanned vessels, according to our study across six territories (United Kingdom, United States, Australia, China, Singapore and Hong Kong), and the least supportive of autonomous vehicles more generally. Our recently published report polled over 6,000 people as well as gaining […]

EU Block Exemption Regulation renewal ignores views of shippers, says GSF

The recommendation by the European Commission to renew the Consortia Block Exemption Regulation (CBER) for a four-year period from April 2020 has been slammed by the Global Shippers’ Forum (GSF), the voice of businesses importing and exporting goods around the world. James Hookham, Secretary General of GSF said: “We are disappointed with the outcome of the […]

Inmarsat’s successful launch of GX5 next generation satellite to add significant Fleet Xpress capacity

Inmarsat’s successful launch of GX5 next generation satellite to add significant Fleet Xpress capacity Satellite to enhance significantly Fleet Xpress capacity for ships across Europe and Middle East GX5 heralds start of unprecedented enhancement in overall capacity and capabilities of GX network with further 7 advanced GX payloads planned over next four years 27 November […]

SSY strenghens big data capability through „Marine Benchmark“ investment

Simpson Spence Young (SSY), the world’s largest independent shipbroker, has today (27 November 2019) announced that it is partnering with Gothenburg based tech company Marine Benchmark, a specialist in maritime data analytics.  This new partnership will enhance and strengthen SSY’s client offering, as Marine Benchmark will bring a competitive advantage by providing expertise in statistical analysis […]

SHI agrees to pay $75 million to resolve bribery case

Samsung Heavy Industries Company Limited (Samsung Heavy Industries), a South Korea-based engineering company that provides shipbuilding, offshore platform construction, and other construction and engineering services, has agreed to pay total penalties of more than $75 million to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a scheme […]

American rescuer who saved four recognized with IMO bravery accolade

Petty Officer Michael Kelly, a rescue swimmer with the United States Coast Guard, received the 2019 IMO Award for Exceptional Bravery at Sea during this year’s IMO Awards ceremony (25 November) Petty Officer Kelly was recognized for his courage, perseverance and skill in rescuing four survivors from a life raft from a sinking fishing vessel, in […]