AMERICAS: IMO 2020 high on the agenda at Maritime Symposium in Chile
‘For shipowners, the journey toward compliance will not be straightforward and it certainly won’t come cheap,’ said Lord Mountevens, Vice Chairman of Maritime UK, in his keynote speech delivered this morning at the opening of a high-level shipping and trade conference in Santiago.
AMERICAS: Another Houston ‘bad bunkers’ problem goes to court
Chembulk Ocean Transport has filed a complaint against World Fuel Services after the main engine on one of its vessels stopped after taking on fuel oil bunkers at the US Gulf port.
GLOBAL: Rolls-Royce to deliver propulsion solution for hybrid Ro-Ro vessels
Rolls-Royce Commercial Marine has secured a contract to deliver the propulsion system to nine vessels to be built by Nanjing Jinling Shipyard Co. in China for the Italian Grimaldi Group.
ASIA PACIFIC: Straits Inter Logistics’ marine fuel ops drive 61% rise in Q3 profits
The Malaysian company recorded a net profit of RM1.04 million ($250,000) in the third quarter of 2018 compared with RM551,000 ($132,000) during the same period in 2017.
GLOBAL: Moore Stephens and BDO in advanced merger talks
Under the terms of the proposed deal, Moore Stephens, the accountancy firm well-known for its work in the shipping and transport sectors, will take on the BDO brand and the merged business will have a gross revenue in the UK of £590 million.
ASIA PACIFIC: Thailand’s first all-electric passenger ferry enters service
The 47.5-ft fibreglass vessel was repowered by MariArt Shipyard, replacing the existing 205 HP diesel engine with twin Torqeedo Cruise 10 kW electric outboards, each with six lithium battery banks and two fast chargers.