Stolt-Nielsen S.A (SNSA) has recorded a $27.7 million in net profits attributable to shareholders for the second quarter of 2009, a staggering increase from just $14.4 million in its first quarter results, yet in spite of this, the company remains…

Overall confidence levels in the shipping industry have shown a slight improvement over the past three months, according to the latest Shipping Confidence Survey from leading international accountant and shipping consultant Moore Stephens. But there are high levels of concern…

Vizada, the independent satellite communications provider, today launches Inmarsat FleetBroadband 150, a new service for the maritime community delivering voice, IP data and SMS, at speeds of up to 150 kbps. Additionally, Addvalue Technologies has appointed Vizada as its first…

The focus of the UK Draft Legislative Programme (due to be launched today) “New Industry, New Jobs” – on improving skills, supporting low-carbon services and industries, the continued openness of the global trading system and ensuring Government action across departmental…

After 500 days, the Hebei 2 were finally released by Korea to fly home earlier this month.

In Mumbai and Chennai, celebrations were held in a massive display of support for the officers whose only crime was to be in…

EXCLUSIVE

By Sean Moloney

The European Commission has heeded industry concerns about the poor image of shipping and launched a €3 million programme it hopes will boost seafarer recruitment and open up awareness about the industry to the general public.…

The Singapore Shipping Association (SSA) has backed the establishment of a greenhouse gas (GHG) compensation fund through taxation on bunker usage to tackle shipping’s emissions, in opposition to a widely-proposed emissions trading scheme.

S. S. Teo, President of the SSA,…

Revision of the SHIPMAN 98 shipmanagement agreement has finally been concluded and work has now begun to streamline the amended provisions with its sister crew management forms, CREWMAN A and B.

The SHIPMAN/CREWMAN Revision Sub-Committee met in London on 16…

Singapore Telecommunications Limited has signed a transponder purchase agreement with satellite operator Asia Broadcast Satellite Limited (ABS).

With this agreement, SingTel will own multiple C-band transponders on the new ABS-2 satellite at a cost of approximately S$80 million over the next…

ID Maritime Singapore and the Wallem Group have formed a joint venture that will exclusively manage ID-owned vessels.
Known as ID Wallem Shipmanagement, the new company will be based in Hong Kong and will use Wallem’s knowledge, experience and systems.…