By Wendy Laursen 2015-06-25 19:56:38 A project to identify potential sea areas in South East Asia which could be put forward for designation as Particularly Sensitive Sea Areas (PSSAs) is gaining ...
Asia Readies Particularly Sensitive Area Proposals
Myanmar Jails Captain and Crew for Human Trafficking
By Wendy Laursen 2015-06-25 19:19:28 A court in Myanmar has convicted 20 crew members of violating the country’s immigration act in relation to human trafficking. The men were on a ship, found off ...
Transforming Business, Changing the World
By MarEx 2015-06-25 18:51:02 Sustainability is now firmly on the global business agenda, but there is an urgent need to turn words into action. This is a key conclusion in the independent report; ...
Dry Bulk Market Gaining Momentum
By MarEx 2015-06-25 14:25:53 The dry bulk market has been devastating so far in 2015. However, June has somehow reversed it all in less than three weeks if judged by the Baltic Dry Index (BDI). June ...
Police Eye Foreign Firms in Petrobras Scandal
By Reuters 2015-06-25 14:07:33 Brazilian federal police are investigating foreign companies that may have paid bribes to obtain contracts with state-run oil firm Petrobras but were not part of a ...
Trade deal could renew call for Jones Act changes
Authority approved by American lawmakers to fast-track trade deals could rekindle a push by shipowners for greater access to US markets. The US Senate voted on 24 June to establish trade promotion ...
Tests for Oil Spill Response Drones Underway
By Kathryn Stone 2015-06-25 12:27:06 Final testing for a new fleet of drones aimed at rapid oil spill detection at sea are set to begin June 25 in Cartegena, Spain. Five drones comprised of both ...
GSI inks Gotland’s LNG ro-pax ferry option
China's Guangzhou Shipyard International has secured the option on an LNG ro-pax originally ordered in the second half of 2014. Ordered by Sweden's oldest Passenger shipping Company Rederi AB Gotland ...
Gener8 IPO prices low
Tanker owner Gener8 Maritime has begun trading on the New York Stock Exchange under the ticker symbol 'GNRT' after pricing its initial public offering (IPO) at a sizeable discount. The Peter ...
Ports Praise Passage of New U.S. Trade Bill
By MarEx 2015-06-25 09:55:49 American port alliance, AAPA, praised the U.S. Senate for passing a bipartisan trade bill, intended to promote exports and create new economic opportunities. “The ...