d’Amico International Shipping announces sale and lease back of medium-range product tanker

d’Amico International Shipping has announced that its operating subsidiary d’Amico Tankers signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the High Trader, a 49,990 dwt medium-range product tanker vessel, built in 2015 by Hyundai-Mipo, South Korea for a consideration of $27 million. This transaction allows d’Amico Tankers to […]

IEC Telecom Group expands to Denmark

IEC Telecom Group has expanded its presence in the Scandinavian market. In November the global provider of managed network communication solutions opened a new office in Copenhagen, Denmark to deliver to Scandinavian customers the latest satellite equipment and services. The new company, located close to Kastrup airport, will primarily focus on the maritime market; however, […]

OCIMF and INTERTANKO release new guidance on competency and learning from incidents

OCIMF and INTERTANKO have today released two new information papers that will help improve safety in the energy shipping industry. The result of a joint initiative between the two organisations, the papers look at two key areas:  competency and learning from incidents. Behavioural Competency Assessment and Verification for Vessel Operators presents a system for assessing […]

Autonomous Vehicles, the highlight of Ocean Business 2019 training and demo programme

Following the overwhelming number of requests, visitors to Ocean Business 2019 will see a record number of autonomous vehicles taking part in demonstrations, when the show returns to Southampton from 9th to 11th April 2019.  Live demonstrations of cutting edge ocean technology will take place back-to-back onboard vessels, in dockside waters, in the test tank […]

ITIC warns on the potential cost of being an expert

International Transport Intermediaries Club (ITIC) has warned that the role of expert witness should not be undertaken lightly and that all professionals acting in this capacity should be aware that they could face legal action for negligence. In the latest issue of its online newsletter, The Wire, ITIC cites a case involving an explosion on […]

Liberian Corporate Registry appoints new MD

Anthony Perea has been appointed Managing Director of the Liberian Corporate Registry. Mr Perea was previously Managing Director at global corporate and fiduciary services provider AMICORP, where he was head of institutional sales for the Americas, Latin America and Asia. He has nearly 25 years’ experience in business development and operations in the financial and […]

GoodFuels successfully trials world’s first ultra low carbon & sulphur drop in ‘Bio-Fuel Oil’ with NORDEN

GoodFuels Marine, the world’s first supplier of sustainable low carbon marine fuels, in conjunction with bulker and tanker owner and operator NORDEN, has successfully completed trials of the world’s first zero emission, ‘drop in’ Heavy Fuel Oil (HFO)-equivalent marine biofuel – almost entirely reducing all carbon and sulphur emissions. The culmination of three years extensive […]