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 […]

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 […]