By MarEx 2015-07-03 19:18:21 The Council of the IMO has decided to award the prestigious International Maritime Prize for 2014 to Yohei Sasakawa, Chairman of the Nippon Foundation, for his ...
Nippon Foundation’s Sasakawa Receives IMO Award
Tankers Lining Up in Singapore
By Reuters 2015-07-03 18:50:04 Buyers trying to load record fuel oil volumes traded last month in Singapore are congesting the port's oil terminals, while land tanks are nearly full and tens of ...
Merchant Mariners Ensure Survival of Newly-founded U.S.
By MarEx 2015-07-03 12:06:00 Two hundred and thirty nine years ago the American colonies adopted the Declaration of Independence, establishing U.S. sovereignty. However, in 1776 the Continental Navy ...
New Record Year in Dry Bulk Demolition?
By MarEx 2015-07-03 08:51:08 The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month. April 2015 saw 5.36 million DWT being ...
Tanker Arrivals Create Volatility in Oil Market
By Reuters 2015-07-03 08:37:37 U.S. crude stocks unexpectedly rose by almost 2.4 million barrels last week, breaking a run of eight consecutive weekly declines and sending oil prices sharply ...
Philippine Ferry Death Toll Rises
By Reuters 2015-07-03 02:23:40 The death toll after a ferry capsized in the central Philippines rose to 41 on Friday when rescuers recovered three more bodies, but bad weather was hampering the ...
China Lifts Ban on Vale’s Mega-Ships
By Reuters 2015-07-03 02:13:23 China said on Friday it will allow 400,000-deadweight ton ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out ...
Italian Navy Renews Fleet with $1.2bn Contract
By MarEx 2015-07-02 15:25:45 The Italian Navy placed an order for a new 1.1 billion euro ($1.2 billion) Landing Helicopter Dock, which will be added to its fleet in 2022. The order is part of the ...
Terrorist Could Exploit Migrant Crisis in Mediterranean
By MarEx 2015-07-02 14:37:47 Terrorists could take advantage of the EU migrant crisis independent security consultant, ESC Global Security warns. The Estonia-headquartered organization claims that ...
Terrorists Could Exploit Migrant Crisis in Mediterranean
By MarEx 2015-07-02 14:37:47 Terrorists could take advantage of the EU migrant crisis independent security consultant, ESC Global Security warns. The Estonia-headquartered organization claims that ...