NATO warship ensures food ship arrives in Berbera

NRP Côrte Real, currently deployed on the NATO counter piracy mission, Operation Allied Protector, has provided a naval escort to the United Nations World Food Programme (WFP) ship, Fidel, ensuring that it arrived safely in Berbera earlier today, 14th May. Commander SNMG1, Rear Admiral José Domingos Pereira da Cunha said: “I am pleased to help […]

Vafias puts good cost control down to fewer 3rd party managers

Nasdaq-quoted LPG owner StealthGas has been more successful in controlling costs than its competitors because it doesn’t have too many third party managers managing its fleet, claimed its ebullient owner Harry Vafias. In a conference call to stock market analysts and journalists after announcing the company’s first quarter results, Harry Vafias also said that if […]


INTERTANKO has warned that if the IMO decides to include Market-Based Instruments (MBIs) in its Greenhouse Gases (GHG) regulatory package then it is essential that it is governed by the IMO and specific to the shipping industry. It should also be environmentally sustainable without negative impact on global trade and growth and should be effective […]

Wärtsilä to slash 450 jobs as cancellations could near €1bn

Global power generation giant Wärtsilä is to slash up to 450 jobs in its Ship Power business in an attempt to claw back annual savings of €30m. As many as 80 of the job losses will be in Finland as the company seeks to realign its organisation and resources to adjust to what it calls […]

Port of Long Beach wins Clean Air Excellence Award

The US Environmental Protection Agency has awarded its prestigious Clean Air Excellence Award to the Port of Long Beach for the Green Flag Program. Port officials received the award at the 9th Annual Clean Air Excellence Awards held in Washington D.C. This is the second year in a row that the Port has earned the recognition, […]