25 nov 2019 The beginning of the 21st century has seen significant technological development in all industries including the shipping industry. This development has been primarily driven by digitalization arising from progressions in information and communication technology. The world has been deeply affected by a rather rapid transition into a …
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24 nov 2019 Samsung Heavy Industries Company Limited (SHI) has agreed to pay penalties totalling more than $75 million to resolve a U.S. government’s investigation into violations of the Foreign Corrupt Practices Act. The Department of Justice says SHI paid millions of dollars to a Brazilian intermediary knowing that some …
Read More »The largest ship recycling nation has agreed to ratify the Hong Kong Convention on Ship Recycling which will push shipowners to take closer heed of how they dispose of tonnage India, perhaps the most important ship recycling nation, has announced its intention to ratify the IMO’s Ship Recycling Convention and …
Read More »22 NOV 2019 As the world races to mitigate a climate crisis, too many nations are having their cake and eating it too. If nothing is done to curb the global extraction of fossil fuels, commitments to the Paris agreement and other national goals will mean very little. In just …
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21 nov 2019 Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, according to Rystad Energy. Brazil’s biggest-ever oil auctions in November were generally deemed to be disappointing, receiving muted interest from international exploration and production companies. However, national oil company Petrobras …
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21 nov 2019 A UK court has convicted four Nigerian and Liberian stowaways of the crime of affray for allegedly throwing fecal matter and threatening the crew of the Grimaldi con/ro Grande Tema last year. They were acquitted of the more serious charge of attempted hijacking. Last December, the defendants – Samuel Jolumi, 27, …
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