Helikon relies on Ship Money 
Helikon Shipping has extended its maritime payment services agreement with Ship Money into a long-term multi-year relationship. Ship Money has been used by Helikon to pay wages to crew members on board under its agency for the last several years, and the company has decided... more
Piracy in the Gulf of Guinea
During an IMO symposium on maritime security in the Gulf of Guinea, concerns raised by the shipping industry were supported by figures from the International Maritime Bureau showing that the number of attacks in the Gulf of Guinea region had doubled in 2018. There has also... more
PISR complies with STCW
The Palau International Ship Registry (PISR) has been recognised by the IMO as to fully comply with the International Convention on STCW. At the IMO headquarters in London (UK) in June, secretary-general Kitack Lin’s proposal was approved by the maritime safety committee (MSC)... more
K Line spreads its wings
K Line has decided to use the automated kite system “Seawing” for a bulk carrier owned by the company. “Seawing”, developed by Airseas, an Airbus spin-off, is mounted on the bow of the vessel and unfolded by a simple operation from the bridge under certain conditions of wind... more
MOL and Makarov deepen cooperation
MOL recently signed a memorandum of understanding (MoU) with the Admiral Makarov State University of Maritime and Inland Shipping in St. Petersburg (Russia). The MOU reconfirms and further develops the cooperation between the two organisations related to the training of... more
ICTSI increases capacities in Rijeka
The Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of Philippines-based International Container Terminal Services (ICTSI) at the port of Rijeka (Croatia), is set to realise a comprehensive expansion plan in the period up to mid-2020. In close cooperation... more
COA provides new standard
The container owners association (COA), which represents the common interests of owners of freight containers, has announced that its telematics/track trace work group will provide an open standard to permit interoperability of telematics device data from the various solution... more
New Japan Malaysia Vietnam service
Singapore-based APL, an affiliate of the CMA CGM group, is launching a Japan Malaysia Vietnam (JMV) service that will provide weekly connectivity between North Asia and Southeast Asia. The new service will concentrate on covering the North Asian market calling at five... more
Bremen-based company builds hub in the Jade Weser Port
The Bremen (Germany)-based company Peper & Söhne Projekt has signed a leasehold contract for a 26,000 sqm plot within the cargo handling centre Jade Weser Port Wilhelmshaven. In this space, immediately adjacent to the entry into the centre, the company plans to build the... more
Fewer vessel losses in 2018
In 2018, shipping losses were at their lowest level in this century. According to the Safety and Shipping Review 2019 issued by the Allianz Global Corporate & Specialty (AGCS), the number of large shipping losses declined by 50% year on year, and by 55% compared to average... more