Manila: The Philippine government has decided to dissolve the shipping unit of the Philippine National Oil Co (PNOC) due to the company's heavy losses.
Egypt: Despite toll hikes and regional unrest, the Suez Canal is still a better option than the Cape of Good Hope, Typhon ceo Ant Sharp has claimed.
The news that an MR product carrier drifted 280 miles to save fuel tells us all there is to know about the current fuel market. The Norden Nord Integrity managed to save 27 tonnes of fuel while drifting towards its destination after the captain stopped the main engine with agreement from his operations department.
NEW YORK Maritime Broadband Inc. announced today that Revmar Dynamics has been named the exclusive distributor of Maritime Broadband's C-Bird™ VSAT in Greece and Cyprus and a non-exclusive distributor for the global maritime market.