Singapore-listed shipbuilder Vard Holdings has issued a profit warning on its financial results for the third quarter that ended in September and full year ending on 31 December. The ...
Vard issues profit warning
Top Ten Maritime News Stories 15/10/2015
Posted on: Thursday, October 15th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 15/10/2015 1. Port State Elephant in the Room Blackmail and corruption in Port State Control is ...
Health Care Costs Highlight MLC Risk
By Wendy Laursen 2015-10-14 21:40:32 The Japan P&I Club recently issued a notice to shipowners giving an analysis of why U.S. health care is so expensive. The high cost of U.S. healthcare is not ...
Black Market Refrigerants Pose Shipping Risk
By MarEx 2015-10-14 18:25:59 In 2011, several refrigerated, reefer containers exploded, killing three port workers. While there have been no further tragedies since then, counterfeit refrigerants ...
Software Vital to Emissions’ Compliance
By Wendy Laursen 2015-10-14 17:52:08 The European Commission’s Monitoring, Reporting and Verification (MRV) rules to collect emissions data officially entered into force on July 1, 2015. MRV ...
TOTE Facing Lawsuit for Lost EL Faro
By MarEx 2015-10-14 14:40:19 A lawyer representing the family of a missing crewmember who was aboard the lost M/V El Faro cargo ship has filed a $100 million lawsuit against TOTE Service Inc. and ...
TOTE Sued for El Faro Sinking
By MarEx 2015-10-14 14:40:19 A lawyer representing the family of a missing crewmember who was aboard the lost M/V El Faro cargo ship has filed a $100 million lawsuit against TOTE Service Inc. and ...
U.N. Says Shipping Sector Lacks Competitiveness
By Reuters 2015-10-14 14:13:28 Shipping mergers are leaving an increasing number of countries serviced by too few suppliers to ensure a competitive market, the U.N. trade and economic thinktank ...
Finland and Estonia apply for LNG pipeline funding
Baltic neighbours Estonia and Finland have applied jointly for up to 75% of the cost of a submarine natural gas carrying pipeline linking the two. This evens out spikes in supply and demand during ...
Port of Hamilton secures new grain terminal
The Port of Hamilton has secured a new 50,000 tonne grain terminal that will ship Ontario-grown grains and oilseeds to export terminals on the St. Lawrence River. The facility will be built by G3 ...


