Mitsui OSK Lines announces massive restructuring

MOL announces massive restructuring
Sam Chambers February 28th, 2018 http://splash247.com/mol-announces-massive-restructuring/

Japan’s largest shipping line has announced a sweeping restructuring and a raft of senior management changes in its largest corporate shuffle this decade.

Malaysian maritime authorities lose seized oil tanker in Johor

Malaysian maritime authorities lose seized oil tanker in Johor
28/02/2018 http://www.hellenicshippingnews.com/malaysian-maritime-authorities-lose-...

An impounded oil tanker under guard by the Malaysian Maritime Enforcement Agency (MMEA) off Tanjung Piai here has vanished.

EU Urges IMO to Take Action for Emissions Reduction

EU Urges IMO to Take Action for Emissions Reduction
27 Feb 2018 https://shipandbunker.com/news/world/656731-eu-urges-imo-to-take-action-...

The Council of the European Union stressed the need for "appropriate outreach activities" ahead of MEPC 72. File Image / Pixabay

The Council of the European Union (EU) Monday urged the International Maritime Organization (IMO) to take action to deliver emission reductions in line with the Paris Agreement.

3 Biggest Challenges Facing Teekay Corporation: Shipping ain't easy

3 Biggest Challenges Facing Teekay Corporation
February 28, 2018 https://www.foxbusiness.com/markets/3-biggest-challenges-facing-teekay-c...

Things haven't been easy for the global shipping industry in recent years, although much of the blame lays with the industry itself.

One killed, one wounded in cargo ship explosion in Sinop in Turkey’s north

One killed, one wounded in cargo ship explosion in Sinop in Turkey’s north
February 28 2018 http://www.hurriyetdailynews.com/one-killed-one-wounded-in-cargo-ship-ex...

One person was killed and another was wounded when a dry cargo ship exploded in the northern province of Sinop on Feb. 28, state-run Anadolu Agency has reported.

The blast reportedly occurred due to trapped gas in the boiler room of the vessel, which was anchored 15 miles off Sinop.

Tanker master, operator convicted of dumping oil, garbage in Gulf: Edmon Fajardo is sentenced to six months in jail for his actions aboard Sea Faith

Tanker master, operator convicted of dumping oil, garbage in Gulf
Feb 27, 2018 http://www.professionalmariner.com/Web-Bulletin-2018/Tanker-master-opera...

Edmon Fajardo is sentenced to six months in jail for his actions aboard Sea Faith

The following is a news release from the U.S. Justice Department:

Mediterranean Car Carriers Line involved in another case of crew neglect

Mediterranean Car Carriers Line involved in another case of crew neglect
Sam Chambers February 28th, 2018 http://splash247.com/mediterranean-car-carriers-line-rocked-by-another-c...

Maritime authorities lose seized oil tanker in Johor

Maritime authorities lose seized oil tanker in Johor
BEN TAN http://www.themalaymailonline.com/malaysia/article/maritime-authorities-...

PONTIAN, Feb 27 2018 — An impounded oil tanker under guard by the Malaysian Maritime Enforcement Agency (MMEA) off Tanjung Piai here has vanished.

Salvage opportunities as two ships sink off southeast Asia

Salvage opportunities as two ships sink off southeast Asia
Martyn Wingrove Tue 27 Feb 2018 http://www.tugtechnologyandbusiness.com/news/view,salvage-opportunities-...

Two ships have sunk and one tanker has been refloated off southeast Asia.

There will be opportunities for tug operators in the region to salvage the two cargo vessels which sank off Vietnam and southern China in February.

North Korea Evades Sanctions With Help From Ships of Many Names

North Korea Evades Sanctions With Help From Ships of Many Names
Kambiz Foroohar February 28, 2018 https://www.bloomberg.com/news/articles/2018-02-28/north-korea-evades-sa...

As Washington and Seoul try to maintain a unified front against North Korea, the case of two cargo ships shows how Kim Jong Un’s regime keeps finding ways to evade increasingly tough international sanctions aimed at halting its nuclear weapons program.

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