Inchcape Shipping Services (ISS) will start the search for a new Chief Executive Officer after the company’s CEO of nine years – Captain Claus Hyldager – announced his decision to step down. Captain Claus Hyldager has been CEO of Inchcape Shipping Services since January 2006. He was formerly COO of
The boards of the International Seafarers Welfare and Assistance Network (ISWAN) and the Maritime Piracy Humanitarian Response Programme (MPHRP) have decided to move the activities of the MPHRP into ISWAN. A transfer agreement was signed by both parties on August 3, 2015. The programme will continue
The boards of the International Seafarers Welfare and Assistance Network (ISWAN) and the Maritime Piracy Humanitarian Response Programme (MPHRP) have decided to move the activities of the MPHRP into ISWAN. A transfer agreement was signed by both parties on August 3, 2015. The programme will continue
U.S. Federal Maritime Commission (FMC) has completed compromise agreements with Dubai-based United Arab Shipping Company (UASC) and six non-vessel-operating common carriers (NVOCCs) for alleged violations of the U.S. Shipping Act and FMC’s regulations, recovering a total of USD 1,227,500 in civil pe
U.S. Federal Maritime Commission (FMC) has completed compromise agreements with Dubai-based United Arab Shipping Company (UASC) and six non-vessel-operating common carriers (NVOCCs) for alleged violations of the U.S. Shipping Act and FMC’s regulations, recovering a total of USD 1,227,500 in civil pe
India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the Fiscal Year 2016, saying that the performance of dry bulk and container operators will continue to be affected by weak global trade growth and persistent overcapacity. The agency, however,
India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the Fiscal Year 2016, saying that the performance of dry bulk and container operators will continue to be affected by weak global trade growth and persistent overcapacity. The agency, however,
Port workers at the Israeli Port of Ashdod were evacuated Monday after emergency teams discovered radiation emanating from a shipping container, according to a local media report. Israel’s Environmental Protection Ministry said that the workers were evacuated as a precaution, saying that the subsequ
Port workers at the Israeli Port of Ashdod were evacuated Monday after emergency teams discovered radiation emanating from a shipping container, according to a local media report. Israel’s Environmental Protection Ministry said that the workers were evacuated as a precaution, saying that the subsequ
Emirates Classification Society (Tasneef), a national classification society of United Arab Emirates, and Abu Dhabi Petroleum Ports Operating Company (Irshad), a wholly owned subsidiary of ADNOC, recently signed a one year contract through which Tasneef will survey and classify 31 of Irshad’s offsho
Emirates Classification Society (Tasneef), a national classification society of United Arab Emirates, and Abu Dhabi Petroleum Ports Operating Company (Irshad), a wholly owned subsidiary of ADNOC, recently signed a one year contract through which Tasneef will survey and classify 31 of Irshad’s offsho
Italy’s Contship Italia Spa has recently signed a strategic Memorandum of Understanding (MOU) with Iran’s largest port operator – Sina Port & Marine Company (SPMCO) – aimed at exchanging experiences and know-how in port operations, and expanding the cooperation between the two port operators. The pa
Italy’s Contship Italia Spa has recently signed a strategic Memorandum of Understanding (MOU) with Iran’s largest port operator – Sina Port & Marine Company (SPMCO) – aimed at exchanging experiences and know-how in port operations, and expanding the cooperation between the two port operators. The pa
Container carriers are returning their operations to Iran following the deal with P5 +1 powers on lifting of nuclear sanctions against the country. Under the deal, sanctions against Iran’s oil export industry are to be lifted in exchange for additional restrains on the country’s nuclear program. How
