Korean Register staff give 1 million baht to Thai flood victims

Korean Register of Shipping (KR) and its staff members donated 1 million baht (US$ 31,500) to the victims of the recent flooding in Thailand. In response to the devastation caused by the worst flooding in more than five decades, KR launched a campaign late last year which raised this significant sum from among its management […]

Isle of Man Ship Registry sails into 2012 with record tonnage

The Isle of Man Ship Registry has announced record tonnage for the year ending 2011, marking a positive start for 2012. Gross Registered Tonnage (GRT) (the datum used to compare the world’s ship registers and a year on year comparison) shows a 12% increase in total GRT, climbing steadily from 12.36m GRT at the end of […]

Shipping facing challenging year ahead

Shipping is going to need a great deal of resilience to meet the challenges of the next 12 months, according to international accountant and shipping adviser Moore Stephens. But, for those who can secure funding, there have been few better times to invest. Julian Wilkinson, head of the Moore Stephens Shipping Industry Group, said: “More […]

Improved overall performance for Braemar Shipping Services

Braemar Shipping Services plc today (Thursday) issued an interim management statement showing improved overall performance in the three months since the group’s interim results in October. During the last quarter, activity in the Shipbroking division increased. The group has seen good levels of spot chartering business particularly in deep sea tankers and in capesize bulk […]

MacGregor bulk handling systems to be installed on four OSVs

In the last quarter of 2011 Cargotec secured contracts for MacGregor bulk handling systems for installation onboard four offshore support vessels (OSV) newbuildings belonging to two different owners; one in the UAE (two vessels) and the other in Spain (two vessels). At the end of November, Grandweld Shipyards in the United Arab Emirates ordered MacGregor […]