The European Union has introduced a new wave of sanctions targeting Russian companies and officials. The ban relates to trading in bonds of these enterprises with maturity of more than 30 days and participation in the organization of such bonds’ issue. Nine defence companies have also been struck by the sanctions. Namely, supplies of […]
Archive for September, 2014
ICS: Implementation of Environmental Regulations Major Concern
In advance of a critical intergovernmental meeting next month at the UN International Maritime Organization (IMO), the International Chamber of Shipping (ICS) has called on IMO Member States to give careful consideration to shipowners’ concerns about the implementation of an avalanche of new environmental regulations, which are about to impact on ship operations at more […]
SmartSpeed Navigates to Fuel Savings
Applied Weather Technology, Inc. (AWT), a StormGeo company and a provider of fleet optimization services and onboard voyage management software, has launched AWT SmartSpeed, believed to be the first route advisory service to use advanced optimization to set both the optimum route and optimum speed for each segment of a voyage with daily updates. AWT SmartSpeed […]
IMO Joins Ebola Task Force
The International Maritime Organization (IMO) has joined the international ad hoc Ebola Travel and Transport Task Force and is working with other United Nations agencies and non-governmental organizations to monitor the situation and provide timely information in response to the outbreak of the disease. IMO, the International Chamber of Shipping (ICS) and the Cruise Lines […]
Global Liner Reliability Drops
A global decline in performance of shipping lines has been recorded in July for the first time since February, according to SeaIntel’s latest Global Liner Performance report. The drop amounts to almost four percentage points from 75.6% in June to 71.6%, the report shows. Shipping giants Maersk Line, Hamburg Süd and Hanjin are still the most reliable liners, […]
U.S. Navy Helicopter Crashes off Djibouti
A U.S. Marine Corps CH-53E Super Stallion helicopter assigned to the 22nd Marine Expeditionary Unit (MEU) crashed at 2:00 p.m. (GMT), September 1, at sea in the Gulf of Aden as it attempted to land aboard USS Mesa Verde, the U.S. Navy reports. All 25 persons aboard the helicopter; 17 Marines and eight Navy Sailors, were […]
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