Turnover Port of Rotterdam Authority increases, sound profit development

Turnover of the Port Authority in Rotterdam increased by 2.6% to €676.9 million last year. This was mainly due to a 4.9% rise in the throughput of goods as a result of which the Port Authority received more port dues. Costs are under control, therefore profit development is sound. Nevertheless, profits fell by 1.7% to […]

ICS launches new Bridge Procedures Guide

The International Chamber of Shipping (ICS) has published a new edition of the ICS Bridge Procedures Guide, widely acknowledged as the principal shipping industry guidance on best practice for safe navigation, which is used by seafarers and training institutes worldwide. The fifth edition has been comprehensively revised by an expert working group nominated by ICS’s […]

Inmarsat C marks quarter century of saving lives at sea

Inmarsat, the provider of global mobile satellite communications, has marked the 25th anniversary of Inmarsat C by revealing that more than 600 distress alerts from vessels in urgent need were broadcast over the service in 2015. The disclosure demonstrates how the decision made by IMO administrations requiring all ships of more than 300 gross tons […]

ISWAN to hold major Manila event to mark IMO Day of the Seafarer

The International Seafarers’ Welfare and Assistance Network (ISWAN) will hold an event to celebrate the International Maritime Organization (IMO) Day of the Seafarer on 25th June, 2016. The celebrations – aimed at seafarers and their families – will be held in Manila, the Philippines, at the SMX Conference Centre. The event will be addressed by […]

Braemar Engineering introduces new cost-saving DP initiative

Braemar Engineering has introduced a unique new initiative which can save on average 25-35% of the costs of carrying out annual dynamic positioning (DP) trials. The system offers savings that hard pressed vessel owners and operators in the offshore sector can utilise to increase their competitive advantage while ensuring that the highest quality standards are […]

RUSCON container traffic grows despite overall Russian slump

Russian Multimodal transport company RUSCON has shown strong growth in 2015 despite a significant fall in the country’s overall container traffic. The company reported a 32% increase in export traffic, compared with the Russian total of a mere 1.6% rise in exported containers. Total Russian imports fell by 31% to fewer than one million containers. […]

Steady growth recorded by Maritime Cook Islands for 2015

Maritime Cook Islands ship registry registered an 11% growth in the fleet last year with 201 new vessels, up from 184 in 2014. The fleet grew from 473 vessels in 2014 to 525 vessels at the end of December. In tonnage added terms in 2015, this is equal to 318,245 gross tons or a 21% […]

Epic Gas takes delivery of 7,500cbm newbuilding

Epic Gas has taken delivery of the 7,500cbm Epic Borinquen from Sasaki Shipyard of Japan. The vessel will deliver straight into a time charter for trading in Asia. Sasaki have built six of the company’s vessels on the water, with a further two to come. Prior to Borinquen, the yard has delivered to the Company […]

logo