Sailors’ Society supporters rally to raise funds for Greek maritime Scholarships

Sailors’ Society held its inaugural fundraising Shipping Dinner in Greece on Thursday 15th October, raising €38,000 to enable two Greek students to pursue their dream of a career at sea. Over 250 industry guests attended the event at the Atheneaum InterContinental. With headline sponsorship from Acropolis Chartering and additional support from Aspida, JLJ Maritime S.A […]

Maersk Group adjusts expectations for the 2015 result

As a consequence of the deteriorated market, the  Maersk Group today (Friday) has announced it has adjusted its expectation for the 2015 result from an underlying result around $4bn to an underlying result of around $3.4bn. The previous expectation, as announced in the Q2 report, was based on an underlying result contribution from Maersk Line […]

UK ship broker Century Marine victim of Dubai fraud

UK-headquartered ship broker Century Marine Services says it has been the victim of a sophisticated fraud by a Dubai-based firm calling itself Matin Marine Services. Despite having no business relationship with Century Marine Services, Matin Marine Services has been passing itself off as connected with Century Marine Services by hacking the company’s website.  The Dubai […]

Baltic Exchange collaborates with Ningbo Shipping Exchange

The London-headquartered Baltic Exchange will be contributing to China’s Maritime Silk Road project through close collaboration with the Ningbo Shipping Exchange. The first step of this collaboration will see container freight rates from Ningbo to Europe and the Middle East provided by the Ningbo Shipping Exchange freely available on the Baltic Exchange’s website from today […]

New COO for The Nautical Institute

A maritime professional with extensive experience in training and education will take up the new post of Chief Operating Officer with The Nautical Institute in November. The Nautical Institute is pleased to announce the appointment of Captain John Lloyd to the newly created post with effect from 2nd November 2015. In June, The Nautical Institute […]

Bureau Veritas issues Design Approval for Mark V containment system

Classification society Bureau Veritas has issued Design Approval for the new Mark V LNG membrane containment system designed by France’s GTT. This clears the way for the system to be used in new LNG carriers and FLNGs. The Mark V technology is an optimised version of GTT’s Mark III system. It is composed of double […]