Islamic finance in the shipping industry

Islamic finance in the shipping industry
24/07/2018 https://www.hellenicshippingnews.com/islamic-finance-in-the-shipping-ind...

Nigeria: LCCI flays foreign domination of maritime sector

LCCI flays foreign domination of maritime sector
Taiwo Hassan August 2, 2018 https://newtelegraphonline.com/author/newtelegraphonlinegmail-com/

Foreign players have continued to dominate Nigeria’s marine space at the detriment of indigenous ship owners, President, Lagos Chamber of Commerce and Industry (LCCI), Babatunde Ruwase, has lamented.

In a chat with New Telegraph in Lagos, he also has put the value of Nigerian trade with the rest of the world at over $60 billion in 2017.

Seized Gaza ship captain accuses Israel of breaking international law

Seized Gaza ship captain accuses Israel of breaking international law
AFP August 02, 2018 http://www.arabnews.com/node/1350236/middle-east

OSLO, Norway: The captain of a Norwegian boat carrying pro-Palestinian activists en route to Gaza has accused Israeli authorities of violating the law by boarding the vessel in international waters and using violent force against its crew.

IMO workshop promotes secure shipping in Asia; Hapag-Lloyd Outline Impact of IMO Regulations

Hapag-Lloyd Outline Impact of IMO Regulations
03 Aug 2018

Hapag-Lloyd has discussed the impact that Low Sulfur Fuel (LSF) regulations, imposed by the International Maritime Organisation (IMO) to reduce marine pollution, will have after their introduction in January 2020.

The choice, according to Hapag-Lloyd, is to switch to expensive low-sulfur fuels, or invest in Exhaust Gas Cleaning Systems (EGCS) and Liquefied Natural Gas (LNG) powered ships.

However, there are still questions around how successful these alternatives will be.

Ferry rams into port of Rafina

Ferry rams into port of Rafina
30.07.2018 http://www.ekathimerini.com/231251/article/ekathimerini/news/ferry-rams-...

A Greek catamaran passenger ferry carrying 215 people onboard crashed into the port of Rafina, in eastern Attica, on Monday, according to reports. No injuries were reported.

Mitsui OSK Lines to trial auto berthing

MOL to trial auto berthing
Sam Chambers August 3rd, 2018 https://splash247.com/mol-to-trial-auto-berthing/

A group of Japanese organisations including shipping major Mitsui OSK Lines (MOL) are pushing ahead with a project to develop auto berthing technology with funding coming from the Japanese government.

Data standardization is the need of the hour in the maritime industry — FreightWaves

Data standardization is the need of the hour in the maritime industry — FreightWaves
July 31, 2018 https://www.freightwaves.com/news/technology/data-standardization-is-the...

EXCLUDING UNITED STATES: China wants military drills with ASEAN in disputed sea

EXCLUDING UNITED STATES: China wants military drills with ASEAN in disputed sea
Martin Abbugao / Ayee Macaraig, AFP August 2, 2018 http://www.gmanetwork.com/news/news/nation/662821/china-wants-military-d...

China wants military exercises and energy exploration with Southeast Asian nations in disputed waters, according to a draft document, but insists on outside countries being excluded in what analysts say is a bid to diminish US influence.

Beijing permanently stations rescue ship in Spratlys

Beijing permanently stations rescue ship in Spratlys
Frances G. Mangosing August 03, 2018 http://globalnation.inquirer.net/168832/beijing-permanently-stations-res...

China is stationing a search and rescue ship on its man-made island on Philippine-claimed Zamora Reef in the Spratly archipelago, in a “gray zone tactic” to assert its ownership of the disputed feature in the South China Sea.

15 Indonesian Seamen Rescued After Ship Collision in Japanese Waters

15 Indonesian Seamen Rescued After Ship Collision in Japanese Waters
August 02, 2018 http://jakartaglobe.id/news/15-indonesian-seamen-rescued-ship-collision-...

Jakarta. Fifteen Indonesian crew members of a Korean ship that collided with another one in waters off Japan arrived safely at the Busan Port in South Korea on Thursday (02/08), the Indonesian embassy in Seoul confirmed.

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