

The International Chamber of Shipping (ICS) – which represents the world’s national shipowner associations – remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International Maritime Organization (IMO) targets to reduce greenhouse gas...
The world’s fastest growing digital ship registry has recorded a zero percentage detention record with the United States Coastguard (USCG) in the latest figures issued for 2016-2018 Port State Control examinations.The USCG targets flags for additional Port State Control examinations if their detention ratio scores are higher...
US-headquartered Seahawk Services is now offering marine fuel analysis and bunker quantity and investigation surveys from a new base in Singapore, and the company is set to open a fuel testing lab at the global bunkering hub by Q3 2019.Seahawk Services was established by company President, Wajdi Abdmessih, who has over 25 years&...
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has reported net income of $3.0 million and net income attributed to common stockholders of $1.5 million for the first quarter of 2019, including a $4.8 million impairment loss. This compares to a net loss of $3.1 million and net loss...
Britannia has become the first P&I Club to be accepted as a member of the Maritime Anti-Corruption Network (MACN).Established in 2011 by a group of maritime companies committed to eradicating the industry of all forms of corruption, MACN has grown into a global business network of over 100 members, representing a sizeable percentage...
Oakley Capital Investments Limited has announced that Oakley Capital IV2 has partnered with the management teams of SG MidCo AS (“Seagull”), and Videotel Marine Asia Limited and Super Dragon Limited, to acquire majority stakes in the businesses from their current shareholders Herkules Private Equity Fund IV and KVH Industries...