Tony Sanchez

Seattle Charges Shipping Companies for Dumping Oily Waste

Posted By Tony Sanchez / Cargo News / 0 Comments

March 14, 2016 Two shipping companies and two engineers have been indicted by a Seattle jury for crimes related to the illegal discharge of oily wastewater from the M/V Gallia Graeca cargo ship, the U.S. Attorney Annette L. Hayes said. Read More

NYK Aims at Developing New Shipping and Logistics Solutions

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 14, 2016 Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields. Read More

Emirates Sees Lower Oil Industry Demand

Posted By Tony Sanchez / Airlines / 0 Comments

March 10, 2016 Emirates will show “significantly higher” 2015/16 annual profits, but some business has evaporated due to the recent slump in oil prices, its president Tim Clark said. Read More

Pressure On Kingfisher Boss Mallya Ratchets Up

Posted By Tony Sanchez / Airlines / 0 Comments

March 10, 2016 A group of Indian banks, seeking to recover more than USD$1 billion in loans from Kingfisher Airlines, has taken possession of nine trademarks related to the defunct carrier as the mystery over the whereabouts of its chief, Vijay Mallya, deepens. Read More

Airline Caterer Gategroup Serves Up Loss

Posted By Tony Sanchez / Cargo News / 0 Comments

March 10, 2016 Gategroup slid to a full-year loss in 2015 as the airline caterer was hit by the strong Swiss franc and restructuring charges, amid pressure from large shareholders to swap out board members with new directors. Read More

First US Shale Gas Cargo Shipped to Europe

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 10, 2016 The 2015-built LNG multi-gas carrier JS Ineos Intrepid departed the Marcus Hook terminal near Philadelphia yesterday bound for Rafnes in Norway carrying the first US shale gas cargo ever shipped to Europe. Read More

ReCAAP: Asian Maritime Crimes at 12-Month Low

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 10, 2016 The number of  incidents of armed robbery against ships in Asia has reached its lowest level in February 2016 when compared to the previous twelve months, according to the latest report from Asian piracy watchdog ReCAAP ISC. Read More

First of Five Scorpio’s MR Tankers Joins Bahri’s Fleet

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 10, 2016 The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of its first of five second-hand Medium Range tankers purchased recently for USD 166.5 million. Read More

Breaking: Four Tanker Crew Kidnapped off Nigeria

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 10, 2016 At least four crew members were kidnapped by pirates on March 5 when a group of armed pirates hijacked a chemical tanker underway some 32nm South West of Bonny Island, Nigeria. Read More

Paragon Shipping Sells Its Entire Dry Bulk Fleet

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 10, 2016 Athens-based dry bulk specialist Paragon Shipping has decided to sell all of its six dry bulk vessels to unnamed third parties as it aims for a full and final settlement of the outstanding amount of the company’s debt. Read More