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Monthly Archives: July 2017

ABS Updates Advisory Ahead of 2020 Global Sulfur Cap

ABS said it has updated the ABS Advisory on Exhaust Gas Scrubber Systems (Scrubber Advisory) to help industry prepare for IMO’s 2020 global sulfur cap. Central to the impending 2020 global sulfur cap are requirements to reduce the sulfur oxide (SOx) emissions from ships.
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GOC, Nigerian Army 81 Division Visit to DG, NIMASA

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the strategic importance of security agencies to the achievement of safe and secure shipping and a viable and vibrant maritime sector for the country’s benefits.
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StormGeo Receives EU MRV Certification

StormGeo’s shipping division (formerly AWT) has received its certification as an EU MRV supplier by Verifavia Shipping. The European Union’s decision to monitor CO2 emissions for most vessels in excess of 5000 gross tons affects owners or vessel…
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CMA CGM, SEATRADE Launch Joint Reefer Service

Container shipping firm CMA CGM Group and reefer transport specialist SEATRADE Group will together create a new vessel sharing agreement incorporating the services known by CMA CGM as PAD and by Seatrade as MERIDIAN, linking Northern Europe…
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Solstad Farstad Sells 2010-Built AHTS

Solstad Farstad, which claimed to be the world’s largest OSV firm, has sold a relatively new AHTS vessel Far Shogun, since its formation last month following the mega-merger of three leading OSV companies in Norway. The 2010-built, 23,664-bhp…
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Tidewater Reorganization Gets Court’s Okay

Tidewater, one of the world's largest offshore vessel owners, said that a court in Delaware approved the company's plans for a restructuring has, which would eliminate $1.6B in debt. The US-based owner of one of the world’s largest fleets of…
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US to be World’s Biggest LNG Exporter by 2022

The International Energy Agency predicted that the US will become the world's No. 2 exporter of liquefied natural gas by the end of 2022 with a capacity of 3.7 trillion cubic feet per year, second only to Australia. The U.S. is already the world's larg...
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BIMCO, Shipdex Joins for Data Digitalization

BIMCO and Shipdex have signed an agreement to support the development and exchange of technical and logistic data across the shipping community, and to include BIMCO as an executive member of Shipdex steering committee. The agreement was signed at BIMCO Head office…
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Cyprus to Establish Deputy Ministry of Shipping

Cyprus Parliament has passed a bill establishing a shipping junior ministry, the Cyprus News Agency (CNA) reported quoting government sources. The bill, tabled by the government, was approved unanimously, the agency reported, adding that two…
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