Blockchain will speed up overseas shipping

Blockchain will speed up overseas shipping
Kyunghee Park, April 20, 2018

The World Economic Forum states that improving communications and border administration using blockchain, which verifies transactions autonomously, could generate an additional $1 trillion (U.S.) in global trade

more....https://www.thestar.com/business/2018/04/19/blockchain-will-speed-up-ove...

Charterers of ship stranded in UAE trying to send crew home

Charterers of ship stranded in UAE trying to send crew home
Dhanusha Gokulan/ April 20, 2018 | https://www.khaleejtimes.com/nation/sharjah/charterers-of-ship-stranded-...

Since the vessel is outside anchorage, the immigration does not allow the charterers to carry out any crew change.-Supplied photo
The crew salaries have not been paid for over four months.

Ship detained after Captain found drunk off Denmark

Ship detained after Captain found drunk off Denmark
20/04/18 https://safety4sea.com/ship-detained-captain-found-drunk-off-denmark/

Danish authorities detained the Portugal-flagged general cargo ship 'Rix Partner' and arrested its Captain, after he was found affected by alcohol. The ship was stopped in the Great Belt Strait off Denmark, at the late night of April 17th, following communication problems between the navy and the Russian Captain.

Court to auction Hanjin stake in Chinese yard

Court to auction Hanjin stake in Chinese yard
Jason Jian April 20th, 2018 https://splash247.com/court-auction-hanjin-stake-chinese-yard/

China’s Ningbo Maritime Court will hold an auction for bankrupt South Korean shipping firm Hanjin Shipping’s entire 34.71% equity shares in Zhejiang Eastern Shipyard (ZESCO) via online platform Taobao on May 21.

The shares have been frozen by the court since Hanjin Shipping went bankrupt in 2016.

International Transport Forum calls for greater, more harmonised use of port-based incentives

International Transport Forum calls for greater, more harmonised use of port-based incentives
Sam Chambers April 18th, 2018

Port-based financial incentives to mitigate greenhouse gas (GHG) emissions currently remain marginal, however greater, more focused application of these green payments could help shipping decarbonise, a report issued by the International Transport Forum (ITF) of the Organisation for Economic Co-operation and Development (OECD) suggests today.

Grindrod completes historic sale of its bunker division

Grindrod completes historic sale of its bunker division
Sam Chambers April 19th, 2018 https://splash247.com/grindrod-completes-historic-sale-of-its-bunker-div...

South African transport giant Grindrod has sold its bunker subsidiary, Unicorn Bunker Services, for an undisclosed amount to a joint venture comprising WOESA (Women in Oil and Energy South Africa) and Linsen Nambi.

State-run Lender Pledges US$753.29 million Won to Shipping Industry

State-run Lender Pledges 800 Billion Won to Shipping Industry
April 20, 2018 http://koreabizwire.com/state-run-lender-pledges-800-billion-won-to-ship...

SEOUL, Apr. 20 (Korea Bizwire) – The Export-Import Bank of Korea (Korea Eximbank) on Friday promised 800 billion won (US$753.29 million) in loans and guarantees to the local shipping industry this year as the government acts on a five-year restructuring plan.

Passenger ship sank in Singapore waters, some 100 people missing

Passenger ship sank in Singapore waters, some 100 people missing
Mikhail Voytenko April 19, 2018 https://maritimebulletin.net/2018/04/19/passenger-ship-sank-in-singapore...

Tankers collide off Singapore

Tankers collide off Singapore
Taylor McDonald -2018-04-18 http://aseaneconomist.com/tankers-collide-off-singapore/

Two oil tankers collided about 1 nautical mile south of Tuas Extension off the coast of Singapore yesterday (Tuesday), causing a liquefied butane gas leak, the Maritime and Port Authority of Singapore (MPA) announced.

Panama Canal bosses criticised for punishing tugboat captains

Panama Canal bosses criticised for punishing tugboat captains
Donal Scully April 19th, 2018 http://splash247.com/panama-canal-bosses-criticised-for-punishing-tugboa...

The International Transport Workers’ Federation (ITF) has thrown its weight behind the union representing tugboat captains who have been disciplined by the Panama Canal Authority (ACP).

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