ITF Maritime Roundtable ‘a huge step forward’

The ITF is hailing its Maritime Roundtable, which closed yesterday in Casablanca, Morocco, as a success and a major boost to its campaign to free unfairly jailed trade unionists Said Elhairech and Mohamed Chamchati. ITF maritime coordinator Steve Cotton said: ““This event has been a huge campaigning step forward. It has brought together a new […]

Wrist Group Launches New Trading House for Marine Fuels Market

Ship services company Wrist Group has announced the launch of Dynamic Oil Trading, a new global trading company for marine fuels and lubricants.  Headquartered in Singapore, Dynamic Oil Trading will work with all aspects of the shipping industry, building close relationships with ship owners, operators, brokers, traders and suppliers. The company is well financed and has […]

Crew costs main factor in rising operating expenses

Accountant and shipping consultant Moore Stephens has confirmed total annual operating costs in the shipping industry increased by an average 2.1% in 2011, compared to a 2.2% average rise in costs recorded for the previous year. Crew costs were the main reason for the overall increase in 2011, while the cost of insurance fell for […]

Univan’s Bjorn Hojgaard elected to INTERTANKO’s Hong Kong Council

Bjorn Hojgaard, Chief Executive Officer of Univan Ship Management, has been re-elected to the INTERTANKO Council, while Peter Helm, the company’s head of Marine & Safety/Quality has rejoined INTERTANKO’s Vetting Committee. “It is a great honour for Peter and I to be rejoining the INTERTANKO vetting committee and council. There are many challenges facing the tanker […]

Spain accused of breaching EU Treaty over port recruitment practices

The European Commission has delivered a reasoned opinion to Spain, claiming the practice of recruiting port workers at many Spanish ports breaches EU Treaty law. Spanish law obliges cargo handling companies in a number of Spanish ports to financially participate in the capital of entities which manage the provision of port workers, often referred to […]