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NEWS

WISTA Cyprus host annual dinner on “The Sands”

WISTA Cyprus (Women's International Shipping and Trading Association), held its’ annual dinner on Friday, 7th June, 2019, welcoming in excess 125 members and friends from the domestic shipping industry. The dinner was held in a magical summer setting by the beach, on the grounds of Atlantica Bay “The Sands,” located on the Limassol coastline.

THE 2020 GLOBAL SULFUR CAP

Members are referred to the Club's previous communications in regard to the 2008 amendments to Annex VI of the International Maritime Organization (IMO)'s International Convention for the Prevention of Pollution from Ships 1973 (as modified by the Protocol of 1978) (MARPOL) and which will come into force on January 1, 2020. The amendments will ensure a significant reduction in the sulfur emissions from ships (the 2020 global sulfur cap) and thereby demonstrate that the shipping industry is committed to meeting its environmental obligations.

Oshima Shipbuilding and DNV GL sign strategic cooperation

Oslo, June 2019: Spurred by the IMO strategy to reduce greenhouse gas (GHG) emissions, Oshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation to conduct research and development together on new bulk carrier designs.

Star Bulk Carriers Corp. and the Dry Bulk Sector with Hamish Norton, President of Star Bulk

Mr. Hamish Norton, President of Star Bulk sits down with Mr. Randy Giveans, Head of Maritime Research at Jefferies for an exclusive interview.

The Greece of values and the worthy: Ioannis Polychronopoulos among the 11 examples of business initiatives and social actions.

The Hellenic Federation of Enterprises (SEV) presented a set of worthy cases, as part of its Annual General Assembly 2019, that consists of examples for society to emulate, advocating high values that can form an alternative, different Greece.

Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz.

Presentation of the PPA S.A. Corporate Responsibility Report 2018

PPA S.A. presented today Monday, June 24th 2019, the Corporate Responsibility Report 2018 at the headquarters of the company,

$1bn worth of cocaine found on MSC ship

MSC Mediterranean Shipping Co is once again at the centre of a huge cocaine bust at the Port of Philadelphia.

Banks feel the heat from Asian leasing in financing Greek shipowners

Last year was one of contrasts for the ship finance sector as the once dominating German ship finance market continued to contract with few banks remaining committed to shipping, while the competition from Chinese leasing continued to rise when it came to financing the key Greek shipping market.

Greek shipowners applaud IMO adoption of 2020 action plan

Greek shipowners have applauded the adoption by the IMO MSC 101 of a specific action plan to deal with critical safety issues and liability implications associated with the 0.5% sulphur marine fuels.

China Is Buying Iranian LPG Despite Sanctions, Ship-Tracking Shows

After being hit by the trade war and U.S. sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it’s too tough a habit to kick.

Concern over trade wars impacts shipping confidence

Confidence in the shipping industry has fallen marginally over the past three months, largely as a result of ongoing concern over trade wars and increased regulation, according to the latest Shipping Confidence Survey.

Banks With $100 Billion in Shipping Loans Get Strict on Climate

A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part of a drive to improve the maritime industry’s environmental performance.
INTERVIEWS

Elvictor Group : Shaping the future of crew management

“The passionate young drive the evolution of the maritime sector”

The Interview: Ian Beveridge

As head of Bernhard Schulte Shipmanagement since the start of this year, Ian Beveridge has been keen to strike a balance between specialisation and differentiating BSM in terms of its technical capabilities and on the other hand the need for volume in the shipmanagement business

G. Frydas: We always offer our customers the most sophisticated products available in the market

George Frydas, Fortune Technologies CEO, talked to “maritimes.gr” about the latest developments in shipping software and the comparative advantage of the technology platform the company develops and provides in collaboration with Microsoft.