LA Port Policy Chief Charged with Corruption

By Reuters 2015-04-30 20:53:35 The chief of police for the port of Los Angeles was indicted on federal corruption charges involving a program to help citizens report criminal activity at the port, the U.S. Department of Justice said in a statement on Thursday. Ronald Boyd, 57, was named in a 16-count indictment that includes charges…

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20 Ways Shipping Containers Changed the World

By MarEx 2015-04-30 19:51:05 Today we take for granted that most of everything people purchase is shipped in a shipping container. The technology has revolutionized shipping, and Container Home Plans has shared this infographic on how the shipping container has changed the world since its invention in 1956. This post was sourced from Maritime Executive:…

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Is Canada Ready for an Oil Spill?

By Kathryn Stone 2015-04-30 14:23:17 Legislatures and experts alike have been quick to criticize Canada’s ability to respond to oil spills following an April 8, bunker fuel spill in Vancouver’s English Bay. The spill occurred when the Cyprus-flagged bulk carrier Marathassa leaked approximately 2,700 liters into the surrounding waters. The mayor of North Vancouver voiced…

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Scorpio Tankers raises growth funds

NYSE-listed Scorpio Tankers is selling equity to purchase even more vessels on top of its already prodigious expansion programme.
The Emanuele Lauro-led product tanker specialist is selling 15 million shares priced at USD9.30/share, a 7% discount from the closing price on 29 April, just prior to
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