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Financial outsourcing: the benefits of new technologies for shipping

17.04.2019

Having weathered a difficult few years, the shipping sector continues to face many challenges. Ongoing economic uncertainty and conditions are likely to remain volatile for a number of years. However, overall confidence in the industry is reasonably stable and the sense is that “the worst is behind us”.

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Marshall Islands join Maritime Anti-Corruption Network

16.04.2019

The 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.

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Piraeus Port Wins Environment Award

15.04.2019

Piraeus 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.

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MABUX: Bunker Market On the Up

12.04.2019

Oil 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.

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EMSA launches procurement procedure for new oil spill recovery vessels

11.04.2019

In 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.

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Cyprus’ shipping ready for Brexit

10.04.2019

Cyprus 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.

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