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Piraeus Port reports increase in profit for first half of 2018

Piraeus Port Authority (PPA) approved the financial statements for the first semester of 2018, according to which the Greek Port reported a large increase in profit, compared to last year.

Guyana Puts Oil Auctions on Hold

Guyana has put planned oil auctions on hold as the impoverished South American country works to establish a Department of Energy to oversee the energy boom, Minister of State Joseph Harmon said on Monday.

Industry Experts Weigh Up Solutions For Sulphur Cap 2020

Despite the different solutions available for the industry to comply with the impending 2020 Sulphur Cap, there is still no consensus from the industry on which works best for the long-run.

IMO Celebrates Its 70th Anniversary On World Maritime Day 2018

The International Maritime Organization (IMO) has been celebrating its major anniversaries during 2018, with a focus on the achievements of the past decades as well as the challenges of the future

ESPO: More data harmonisation needed for less administrative burden

Despite welcoming the European Commission’s proposal for a Regulation establishing a European Maritime Single Window environment (COM2018 278 final),

Key safety issues addressed at IMO CCC5

The 5th session of IMO's Sub-Committee on Carriage of Cargoes and Containers (CCC), held on 10-14 September 2018, addressed key shipping safety issues related to dangerous cargo.

Vopak expanding marine gasoil storage in Singapore to meet 2020 sulphur cap demand

Royal Vopak is expanding one of its liquid storage terminals in Singapore to meet the expected demand for marine gasoil as a result of the 2020 sulphur cap.

No delays to implementing shipping fuel sulphur cap in 2020 -IMO

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, officials with the UN’s shipping agency said on Tuesday.

Chinese state-owned TV channel highlights role of Piraeus Port in Maritime Silk Road

The Eastern Mediterranean’s largest port, Piraeus, was the star of the recent China Global Television Network (CGTN) report ‘Where the maritime silk road meets land’.

Stemming the decline of the Great Lakes St. Lawrence Seaway System

In early September, the US Government Accountability Office (GAO), released a report, which had been written in response to a request from legislator,

MSC to introduce new fuel surcharge to pass on cost of low sulphur compliance

Mediterranean Shipping Co (MSC) has followed its alliance partner Maersk Line in announcing a new fuel surcharge from 1 January 2019 to take into account the additional cost of the IMO’s 0.5% global sulphur cap from the start of 2020.

An LNG cargo’s journey is just beginning when it reaches port

Considering the expected growth in US LNG exports over the next several years, it is natural to focus on the developers, construction contractors, regulators and contract pricing mechanisms that enable the resources to flow.

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