The offshore oil and gas supply shipping company Toisa Ltd filled for bankruptcy protection after falling of demand of its services and inability for loan repayment, as well as low cash flows. The Bermuda-chartered company and 23 of its affiliated vessel-owning companies filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court in Manhattan, New York. Toisa Ltd accumulated
The 3rd Naftemporiki Shipping Conference has been successfully concluded, on Thursday 19 January 2017, at Megaron, the Athens Concert Hall, The Banqueting Hall.
During the Conference, SetelHellas and Cisco presence, was perceived as significant. At their collaborative stand executives from both companies had the opportunity to discuss and share opinions with more than 500 CEOs and Shipping Executives from the top
More crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its lowest levels since 1998, the ICC International Maritime Bureau’s (IMB) said in its annual piracy report released Tuesday.
The IMB Piracy Reporting Centre is the world’s only independent 24-hour manned center for receive reports of pirate attacks from around the world.
While regular cruise ship rooms are nice, balcony rooms can feel extra luxurious. Balcony rooms give you the opportunity to escape the crowded decks and unwind on your own private terrance. This all sounds great, but the truth is that these rooms can be much pricier than a typical suite so you may want to consider whether it's really worth it. If you’re Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices. Digitalisation means electricity networks, emergency services, industry and agriculture are all vulnerable to hacking by criminal gangs for extortion or, for political reasons, by militant groups or SetelHellas and Cisco participate as Gold Sponsors at the 3rd Naftemporiki Shipping Conference that will take place on Thursday 19 January 2017, at Megaron, the Athens Concert Hall, The Banqueting Hall entitled: “Greek and European Shipping: Competitiveness and prospects in times of uncertainty”. The aim of the Conference is the discussion of the the challenges that both the Greek and the European shipping sector
What you should know before booking a cruise ship balcony room
Insurance gaps leave shipping exposed to growing cyber threats
SetelHellas and Cisco participate at the 3rd Naftemporiki Shipping Conference
Ports of Auckland in New Zealand is exploring the feasibility of powering cruise ships from the national electricity grid, or LNG- or methanol-powered barges, when they are berthed in port.
Currently ships in port need to keep their generators running to supply onboard power when berthed in Auckland, but the port has commissioned a feasibility
As from January the 3rd, a new twice-a-week freight/passenger service to Igoumenitsa and Patras is launched. Up to five weekly sailings between Venice and Greece for the transport of rolling freight to be offered.
The Grimaldi Group strengthens its Motorways of the Sea network announcing an important news: as from next 3rd January, the Neapolitan Group will extend to Venice its maritime links for passengers and freight
Accounting Network Moore Stephens has released a report stating that said the average shipping confidence level rose from 5.4 in August 2016 to 5.6 out of 10.0 in November 2016. This is the highest rating since August 2015.
All main categories of respondent were more confident than in August 2016, when the overall rating was 5.4. The report also revealed that confidence was up in Asia, from 5.5 to 5.7, in Europe from 5.2 to 5.4, and
The European Parliament adopted today a report on the Regulation establishing a framework for the organisation of port services and financial transparency of ports presented by the rapporteur MEP Knut Fleckenstein.
The port Regulation was approved the agreement reached in that respect with the Commission and Council last summer with 546 votes in favour, 140 against, 22 abstentions. This vote makes an end to the Port
On Thursday the 1st of December, the Grimaldi Group was awarded as Top Logistics Provider in the Ocean Carrier category by Chase New Holland (CNH) Industrial, the industrial Group specialized in the design, production and sales of agricultural and construction equipment commercial vehicles and powertrains. Dror Noach, Vice President Transport Logistics for CNH Industrial, participated at the event.
The prestigious prize,
MSC Magnifica will depart Genoa, Italy on 5 January 2019 and visit 49 destinations in 32 countries on six continents over the 119-day roundtrip cruise.
““As one of the world’s truly international cruise companies, making available to our guests and travellers from around the globe a product such as a world cruise is a natural progression,” said Gianni Onorato, MSC Cruises’
By Thanos Pallis
Caring about performance, economic impact and users satisfaction
Cruise ports in the Mediterranean and its adjoining seas continue to adapt to new levels of demand, hosting bigger cruise vessels and seeking ways to accompany the contribution of cruising to port-cities and local communities with positive experiences for all their
COSCO and Trans-it joins forces to offer Greek ship owners a unique service. An integrated process in combination with new legislation make it possible for ship owners to move ship spares out of Greece without the time consuming and cash flow limitations from earlier days.
For spare parts delivered into the Piraeus Free Zone ship owners will no longer be invoiced VAT. Ship owners must be approved by COSCO to be able to
Snow falls in Japan’s capital in November for the first time in 54 years, gracing residents on Thursday morning.
Source: wsj.com
Ship crashes into stone barge off Dover as 80mph winds batter south and heavy rain causes flooding
Twenty-three crew members were evacuated from a cargo ship after it crashed into another vessel near Dover, as Storm Angus caused flooding and chaos in parts of the UK.
The Maritime and Coastguard Agency said the 200m (650ft) Saga Sky hit a barge full of rocks after losing power and breaking free of its anchor near
The Grimaldi Group’s Costantino Baldissara was rewarded for his service when he won the coveted Logistician of the Year Award at the fifth Automotive Global Awards for Supply Chain. Held in the majestic surroundings of Claridge’s Hotel, London with top automotive industry guests in attendance, Baldissara was announced as winner of this category for his exceptional commitment in
