Maran Tankers Management (MTM), subsidiary of Greece’s Angelicoussis Shipping Group, has booked four VLCCs at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).

Shipowner have gotten a two-year reprieve on the retrofitting of ballast water treatment systems as the IMO has decided to delay the implementation of the convention until 2019.

Japan’s big three shipping groups – K Line, MOL and NYK – have officially established Ocean Network Express (ONE), making further progress on the integration of their container shipping businesses.

Maritime piracy and armed robbery against ships have dipped to the lowest number in five years, according to the ICC International Maritime Bureau (IMB) report, though the decline has been marred by the more serious incidents of vessel hijacking.

Maersk Line has affirmed that it is “open for business” after the group was hit by a ransonware attack on Tuesday, as its vessels “are sailing and loading cargo”, according to Robbert van Trooijen, Maersk Line Asia Pacific ceo.

The “highlight” of the breakfast time panel, organised by New York Maritime (NYMAR) following the Marine Money conference was when one of the speakers on the panel stood up and headed out to the exit.

Four major international shipping and maritime trade associations have made a joint proposal to the IMO on ambitious carbon dioxide (CO2) reductions by the global shipping industry.

In a potentially catastrophic spanner in the works for the Japanese container line merger plans unde Ocean Network Express (ONE) have been rejected by the Competition Commission of South Africa.

“Seafarers required - preference will be given to stolid, pragmatic anti-social candidates who can demonstrate a lack of imagination”. That’s not serious, of course, but it might seem not too outrageous, as the life of the modern seafarer develops increasingly joyless characteristics.

The product tanker market is going through challenging conditions but a combination of factors could see a bounce back towards the end of the year leading ceos in the scetor believe.

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