ECSA welcomes study on social aspects within the maritime transport sector

ECSA welcomes the publication of the study conducted for the European Commission as it considers the social aspects of shipping a crucial foundation for a strong, competitive and sustainable European shipping industry. Conducted for the European Commission’s Directorate-General for Mobility and Transport (DG MOVE), by a consortium led by Coffey International Development (Coffey), the study …

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US removes sanctions on four oil shippers after vows to avoid Venezuelan trade

The US Treasury Department on July 2 removed more Greece-linked shippers and oil tankers from sanctions after promises to end oil trading at Venezuelan ports. The removal applies to: Adamant Maritime and its Bahamian-flagged Seahero crude tanker; Delos Voyager Shipping and its Panamanian-flagged Delos Voyager crude tanker; Romina Maritime and its Liberian-flagged Euroforce crude tanker; …

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Pacific Basin Shipping Expects Almost $200 Million of Vessel Impairments

The board of directors of Pacific Basin Shipping Limited (the “Board”) wishes to inform the Company’s shareholders and potential investors that, in light of the uncertain market outlook in the dry bulk shipping industry, the Company expects that a one-off non-cash impairment charge of US$198 million on the Group’s Handysize core fleet – primarily on …

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Coalition For The Energy Of The Future: Companies Have Formed An International Coalition

Nine concrete projects for developing energy solutions to accelerate the energy transition in transport and logistics. At the Rencontres Économiques d’Aix-en-Provence, an economic forum attended by many organizations from around the world, 11 international groups have announced they have joined forces to form an international coalition open to new members. AWS, Carrefour Group, CMA CGM …

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Ørsted picks Semco Maritime for substation maintenance work in Germany

Ørsted has awarded Semco Maritime with a one-year service contract for programmed preventive maintenance on the two offshore substations at the Borkum Riffgrund 1 and 2 wind farms offshore Germany. Semco Maritime will perform maintenance work on the substations’ LV utilities and fire, safety, and structural systems. The contract also includes upgrades to the helideck …

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