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 showcase of a presentation at the residence by the UK Society of Maritime Industries, which allowed attendees during a presentation on the challenges of maritime cyber security to take part in a tailored cyber 'war game'.
Singamas Container Holdings has entered into a framework agreement to dispose of five of its wholly-owned subsidiaries for up to RMB4bn ($595.9m) in cash, a significant sale that is set to slice the group’s annual twenty-foot equivalent container production capacity by at least half.
Oil major BP has announced that it will begin to sell very low sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5% that meets the upcoming IMO 2020 regulation, following successful sea trials in the Amsterdam/Rotterdam/Antwerp (ARA) and Singapore hubs.
Saudi Arabia is working to improve its land-side transportation, especially rail infrastructure, in the coming years, as it looks to exploit existing logistics and maritime development, the Kingdom’s Transport Minister revealed today.
“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 and Response, as he addressed delegates attending the 10th Chemical & Product Tanker Conference in London earlier this week.
Maritime and technology leaders at the Sea Asia 2019 preview panel discussion today highlighted the significant role of start-up companies, particularly those in the technology sector, in bringing the maritime industry into the digital age and creating growth opportunities driven by innovation.
The global container shipping market is expected to stay on a recovery course this year with demand growth predicted to outpace supply growth, according to Yang Ming Marine Transport Corp chairman Bronson Hsieh.
Leading Chinese chemical industry player Wanhua Chemical Group has signed a Memorandum of Understanding with ADNOC Logistics & Service, a subsidiary of the Abu Dhabi National Oil Company (ADNOC) to jointly develop LPG shipping business.
What do you mean by the phrase –“long-term crew strategy”? In recent years, in our beloved shipping industry, I have tended to believe that it is trying to find a Second Engineer with a chemicals endorsement and US visa, for a ship leaving Singapore next Tuesday.