KOTUG Australia and Teekay Shipping Australia Pty Ltd. have reached a deal to reshape KT Maritime Services Australia Pty Ltd. (KTM) from a 50/50 joint venture to a full subsidiary of the KOTUG group. KTM was incorporated in 2012 to serve the Australian…
KOTUG Buys Teekay’s Stake in Australian Towage JV Read More »
Oil companies should be prepared to pay higher rates for renting offshore service vessels, in order to secure the long-term survival of a key part of the industry’s supply chain, the Norwegian Shipowners’ Association said on Thursday. Energy…
Oil Firms Must Pay More for Service Vessels -Norway Ship Owners Read More »
Coast Guard Marine Safety Center (MSC) has received its 11th and 12th applications for Ballast Water Management System type approval. The 11th application was received March 29, 2018, for the BallastAce system, manufactured by JFE Engineering Corporation.
U.S. Coast Guard Receives Two More BWMS Applications Read More »
Cartel conduct in cars transported to Australia from 2009-12-ACCC; Nippon Yusen was fined $20 mln in 2017 over cartel conduct. Kawasaki Kisen Kaisha (K-Line) has pleaded guilty to criminal cartel conduct in the transport of vehicles, Australia’s compet…
Second Japanese Shipping Firm Admits to Cartel Conduct Read More »
Global shipping should set a goal of halving greenhouse gas emissions by 2050, Norway’s government and shipowners’ association said on Thursday before talks by the International Maritime Organization (IMO) in London next week. Norway’s fleet is worth a…
Norway Pushes IMO to Halve Shipping Emissions by 2050 Read More »