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Shipping

Stolt-Nielsen Limited this week reported unaudited results for the third quarter ended 31st August 2017.

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Outstanding acts of skill and gallantry have been recognised last week at a national awards ceremony held in London. Two merchant ship Captains and a RLNI lifeguard were given awards in recognition of their outstanding acts of skill and gallantry for saving lives at sea.

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Diana Containerships Inc has announced that it has entered into an agreement to sell up to seven of its containership vessels for an aggregate purchase price of up to $104.0 million to an unaffiliated third party. 

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Paul Haworth has joined the specialist Shipping and International Trade Team as a Legal Director at top 100 law firm Birketts.

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The Palau International Ship Registry has recently seen a strong increase in its fleet size as more shipowners and operators look to become a part of the new breed of smart registries. As the Palau flag starts appearing on more vessels the appeal of a registry based on technology and detailed attention to service becomes more important to world shipping.

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Safety improvements throughout the international supply chain can be made through the proper packing, handling and transport of cargo transport units (CTUs), including containers, according to the four bodies making up the industry coalition, and which are responsible for a broad cross-section of the global CTU freight industry.  

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Peak season is fast approaching for container carriers and Xeneta, the leading global benchmarking and market intelligence platform for containerised ocean freight, predicts it could well be a tale of two Christmases.

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Continuing its work with the international maritime and arbitration communities, the Emirates Maritime Arbitration Centre (EMAC) presented its white paper on the benefits of EMAC to the Middle East region, its advantages over other alternatives for maritime and trade communities during the 20th International Congress of Maritime Arbitration (ICMA XX) held from 25 to 29 September in Copenhagen.

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