The Connecticut Maritime Association’s (CMA) annual conference, always held in late March, presents a “high class problem” for organisers and attendees alike: too many conference sessions, exhibits and people to meet and greet. The programme...
London: Replacement of the existing fleet with so-called ‘eco-ship’ newbuildings will not happen overnight and in the meantime there is much that shipowners can do to operate existing vessels more economically, a leading UK shipmanager has said.
Hanoi: Recently bankrupt Vinashin, subsidiary of Vietnam state operator Vinalines, has sold seven ships in order to pay their crews.
Riyadh: The National Shipping Company of Saudi Arabia (Bahri) has sold one of its old general cargo vessels for scrap at a profit of SAR19.5m ($5.2m).
Tokyo: Japanese shipyards Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding have established a joint venture MI LNG Company to handle the design and marketing of LNG carriers.
