Marshall Islands join Maritime Anti-Corruption Network
16.04.2019The Republic of the Marshall Islands Maritime Administrator joined the Maritime Anti-Corruption Network (MACN) as an Associate Member. MACN's aim and that of its members is to work towards reducing maritime corruption, especially in the interface between ship and port.
learn more →Piraeus Port Wins Environment Award
15.04.2019Piraeus Port Authority SA (PPA) was honored with a Special Award in the "Environment" category for the "Environmental Quality Monitoring Programs in collaboration with Academic Institutions and Special Scientific Associates” during the 4th Annual Sustainability Summit 2019, organized by the Centre for Sustainability and Excellence (CSE) in cooperation with the MBA International of the Athens University of Economics and Business.
learn more →MABUX: Bunker Market On the Up
12.04.2019Oil rallies on Wednesday as U.S. gasoline inventory draw offsets crude build. Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela’s crude supply.
learn more →EMSA launches procurement procedure for new oil spill recovery vessels
11.04.2019In order to enhance its response capacity network EMSA announced the launch of a procurement procedure to contract new stand-by oil spill recovery vessels in the Adriatic Sea, West Mediterranean Sea, and Central Mediterranean Sea.
learn more →Cyprus’ shipping ready for Brexit
10.04.2019Cyprus has prepared an emergency plan of action in the event of a hard Brexit even though it is being kept at low profile – at least as far at political level.
learn more →Fleet reductions could see tanker owners in touch with a profit in 2019
09.04.2019IMO sulfur regulations will constrain large tanker supply growth while an ageing fleet should encourage scrapping, writes Tim Smith, director of tanker and energy markets at MSI.
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