Dispatches

The Athens residence of UK ambassador to Greece, Kate Smith was the focus of a 'cyber attack' 5 March, but UK expertise in cyber security prevailed. The attack was the…
Maritime companies have generally failed to gain respect from investors. With a few exceptions, share prices are below the net asset values - a proxy for the liquidation value if…
Oil major ExxonMobil has announced that it will make IMO 2020 compliant low sulphur fuels available by the third quarter of 2019.
That peskiest of cabotage regimes, the almost 100-year-old ‘Jones Act’, US Federal legislation which reserves commerce along US coasts, and between the mainland, Hawaii, Puerto Rico and Alaska for US…
To the melancholy list of lives and ships lost and damaged by burning and exploding containers we can now add the 56,642 gross tonnes of Grimaldi’s Grande America, now settling…
Though Greek owners continue to rule the global roost when fleet size and asset value, due to the unstable market conditions and new regulatory requirements, for the first time in…
“We’ve agreed to do it, but we don’t have the recipe on the mechanics, the measures or the technologies,” declared Sveinung Oftedal, chairman of the IMO’s Subcommittee on Pollution Prevention…
Despite assurances from fuel suppliers over the availability of compliant fuel to meet IMO 2020 from 1 January next year, industry executives warn that logistics will be a mess and…
Greeks may control 20% of the world's global fleet and be a dominate player in most aspects of sea transportation but the country has minimal influence in the politics which…
Another analyst has warned of impending financial doom for container lines if they fail to recoup the additional costs of meeting the IMO 2020 0.5% sulphur cap.
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