EC unveils “maritime strategy for the Atlantic”

MAY 13, 2013 — The European Commission today unveiled what it calls “a maritime strategy for the Atlantic,” it has adopted an “action plan to revitalize the marine and maritime economy in

German shipowners seek government action on key issues

APRIL 4, 2013 — Though German shipowners control the world’s third biggest merchant fleet, the President of the German Shipowners Association (VDMA), Michael Behrendt, says it is uncertain how many of them

Cyprus Shipping Chamber says it “feels optimistic”

MARCH 27, 2013 — “Cyprus shipping remains a reliable partner, despite current financial difficulties experienced in the Cyprus commercial banking system,” says the Cyprus Shipping Chamber. “All efforts are being made for

Nobu Su steps down as TMT CEO

MARCH 27, 2013 — Nobu Su, the owner of TMT, is stepping down as CEO and has engaged AlixPartners to help manage the restructuring and turnaround for his global shipping business, Today

Rolls-Royce Environship gets Green Ship award

MARCH 19, 2013 — Rolls-Royce plc has received the Green Ship Technology Award for its Environship concept – a revolutionary design and system solution for cargo ships that reduces CO2 emissions by

Meeting marine fuel sulfur targets could up carbon emissions

MARCH 11, 2013 — A report by AMEC Environment & Infrastructure UK Limited and commissioned by the U.K. Chamber of Shipping indicates that hitting 2015 sulfur emission targets could increase carbon emissions

Shipowners to EU on CO2 monitoring: “Yes, but …”

FEBRUARY 20, 2013 —  A position paper issued this month by ECSA (European Community Shipowners’ Associations) says it “can see value in” a EU initiative for a Monitoring, Reporting and Verification system

Johnston replaces Arntzen at OSG

FEBRUARY 12, 2013 — Captain Robert Johnston will serve as the President and Chief Executive Officer of Overseas Shipholding Group, Inc., effective immediately. Captain Johnston, who has been the Senior Vice President

ICS issues flag state performance table

JANUARY 14, 2013 — The International Chamber of Shipping (ICS) has launched its latest Shipping Industry Flag State Performance Table. Unlike some other listings, flag states are not ranked in any particular

Moore Stephens gets out the crystal ball

JANUARY 7, 2013 — International accountant and shipping consultant Moore Stephens predicts that banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further,

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