Greece-based owner and operator of tanker vessels Navios Maritime Acquisition agrees to merge with Navios Maritime Midstream Partners.Under the transaction, each Navios Midstream unitholder will receive 6.292 newly issued Navios Acquisition share…
Navios Maritime Acquisition to Take Over Navios Maritime Midstream Read More »
An important strategic objective for International Maritime Organization (IMO) is improve the way its treaties and conventions are implemented, at the national level.Domestic implementing legislation is required but audits carried out by IMO reveal th…
IMO to Push Nations for Legislation on Treaties Read More »
There’s always a reason behind any sudden surge in tanker market rates and this time around is no different, especially if ones takes note of the days which led to last week’s spike. In a recent weekly report, Allied Shipbroking said that o…
Tanker Market: The Oil Price – To – Freight Demand Correlation Read More »
On 31 August 2018 the Bahamas, Liberia, Marshall Islands, Panama, BIMCO, INTERCARGO and INTERTANKO cosponsored and submitted a document to the Marine Environmental Protection Committee (MEPC) 73 meeting taking place 22-26 October 2018. MEPC 73/5/14, Sa…
Yesterday, the IPCC released the much anticipated Special Report on 1.5°C in Incheon, South Korea, as requested by world governments in the Paris Agreement. The release follows a week-long plenary editing session during which scientists responded to go…
IPCC climate report raises pressure for shipping CO2 cuts Read More »