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Iran announces Adrian Darya’s oil sold at sea

An Iranian representative to London announced that the oil cargo of tanker Adrian Darya 1 – previously known as Grace 1 – was sold at sea to a private company, denying that Tehran had broken its promises over the vessel and highlighted that EU’s Syria sanction do not apply to Tehran.

Salvage centre launched for Golden Ray carrier

The USCG launched a Unified Command and Joint Information Centre to be responsible for the salvage of the vehicle carrier ‘Golden Ray’, which capsized on Sunday, September 8. Their priorities are to ensure the safety of the public and responders, protect wildlife and the environment, ensure economical activities in the area of the incident are lightly affected and the eventual salvage and safe removal of the vessel.

SAFETY4SEA Megabox Forum: Key challenges as growth in containership sizes continues

SAFETY4SEA and the MEGA-BOXSHIP Solutions Working Group for the first time cooperated to organize a seminar which successfully concluded on Tuesday 10th of September, at the Hellenic Centre in London. The event, which took place within the framework of the London International Shipping Week, attracted 100 delegates from a total of 45 organizations.

Major shipping stakeholders discuss maritime’s future during LISW

During the London International Shipping Week major stakeholders of the shipping industry such as BIMCO, ICS, and INTERTANKO, discussed about the future of shipping, focusing on the preparations of the implementation of the 2020 sulphur cap, while also discussing the 2050 target on reducing shipping emissions.

Panama Canal partners with Port of Rotterdam in support of global trade

The Panama Canal signed a Memorandum of Understanding (MoU) with the Port of Rotterdam on promoting international trade between EU and the West Coast of South Africa. Both parties will be able to exchange expertise and knowledge on their technological capabilities, aiming at implementing digital tools and applications to enhance transport efficiency and cost reduction.

UK to launch Caribbean-based disaster relief ship

Cammell Laird, a UK shipyard in Birkenhead, Merseyside, collaborates with Britannia Maritime Aid (BMA) for the construction of a new £150m disaster relief ship that will be located in the Caribbean with the role of supporting disaster relief efforts and providing specialist training.

Cyprus considers updating its tonnage tax system

Cyprus is thinking of updating its tonnage tax system and its pricing policy for the registration of ships, a project that is in line with its targeted measures to enhance the competitiveness of the Cyprus shipping industry, President Nicos Anastasiades reported.

Ports America, Maersk invest in flow-freight boosting project in US ports

Loadsmart, digital freight technology company, raised $19 million to embark on a major initiative, enhancing the flow of freight through American ports. Taking part in the initiative are Ports America and Maersk Growth as investors. This investment is in line with Loadsmart’s series A round in late 2018, totalling the funding at $53.4 million. 

Panama Canal approves toll structure modifications

Panama’s Cabinet Council officially approved the modification of the toll structure of the Panama Canal, following the recommendation of the Board of Directors. The new structure seeks to improve the Canal’s ability to provide a competitive and reliable service for the global maritime transport. 


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