Leading Officer Cadet training management company Stream Marine Careers (SMC) continues to demonstrate its commitment to introducing fresh new talent into the maritime industry with the launch of new Cadetship programmes for industry-leading companies Fred. Olsen Cruise Lines and Sølvtrans. Over the last year SMC, part of the Stream Marine Group, has seen the number […]
Panama’s Arsenio Antonio Dominguez Velasco elected as next IMO Secretary-General
The IMO Council has voted to appoint Arsenio Antonio Dominguez Velasco of the Republic of Panama, for an initial four-year term, as next Secretary-General. He will succeed Mr. Kitack Lim as of 1 January 2024, subject to the IMO Assembly’s approval. Naval architect Arsenio Antonio Dominguez Velasco, the first Panamanian and Latin American candidate for […]
FuelTrust analysis finds fuel content discrepancies in 39% of global bunkers
US-based FuelTrust has released a new report examining bunker discrepancies in the maritime industry, which includes examples of unethical practices and fraudulent activities related to bunkering. FuelTrust’s analysis found that between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in […]
10,000+ vessels face scrapping within three years after ‘pivotal’ MEPC 80 decision, says AkzoNobel
Shipowners face an ultimatum this year – upgrade their Carbon Intensity Indicator (CII) technology to comply with new laws or scrap their vessel. CII data from the previous year must have been calculated and reported to the Data Collection System (DCS) verifier and sent by March 21, 2024 and 30% of ships simply don’t have […]
Ships being arrested to force owners to settle unpaid debts: ITIC
The International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries – is warning stakeholders to ensure measures are in place to cover additional financial obligations when settling unforeseen invoices. In the latest edition of its Claims Review, published […]
Maersk opens its first own warehouse in Croatia
Maersk has strengthened its footprint in Croatia with the opening of its first own multi-customer warehouse in the country. Located less than 20 kilometres from the port of Rijeka in the northern part of the country, it ensures fast delivery times and efficient cargo handling. This modern 12,000 sqm facility is another link in Maersk’s […]