ICS: OVERSUPPLY STILL A MAJOR CHALLENGE

05 APRIL 2019 Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) has warned that avoiding overcapacity and unsustainably low freight rates is still a major challenge 10 years after the massive downturn of 2008. “In that time shipping companies needed to show restraint when ordering new …

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GPS ROLLOVER HAPPENS APRIL 6

03 april 2019 The IMO has reminded maritime users of the Global Positioning System Standard Positioning Service (GPS-SPS) to check their systems ahead of the week counter roll over on April 6, 2019. Some outdated GPS receiver systems may cease to function properly – with potentially serious impacts on navigation. …

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