Search Results for "MSC MCS FMC"

PwC Advises Court to Liquidate Hanjin Shipping

By The Maritime Executive

December 14, 2016

On Tuesday, the South Korean division of global accountancy firm PricewaterhouseCoopers (PwC) recommended the full liquidation of the bankrupt container carrier Hanjin Shipping. “Liquidating Hanji...

Challenges for Russia's Naval Modernization

December 14, 2016

[By Steve Micallef] Much has been said about Chinese naval modernization in recent years. However, China is not the only country that is currently investing in a modern naval force: since 2011, Rus...

Hyundai Merchant Marine to Cooperate With 2M Alliance

By The Maritime Executive

December 11, 2016

Heavily indebted South Korean shipping company Hyundai Merchant Marine (HMM) said on Sunday it has agreed with the 2M shipping alliance to form a cooperative relationship that falls short of full-fled...

Maersk, Hyundai Merchant Marine Alliance in Doubt

December 9, 2016

Doubts about the future of Hyundai Merchant Marine surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the 2M vessel-sharing alliance....

Retailers Question "Unfair" Container Fees

By The Maritime Executive

December 7, 2016

The U.S. National Retail Federation (NRF) and a coalition representing retailers, manufacturers, truckers, transportation intermediaries and other business groups has asked the Federal Maritime Commis...

USMMA Capital Funds May Be Diverted for Sea Year

By The Maritime Executive

December 7, 2016

The House Appropriations Committee's latest continuing resolution would allow the Maritime Administration (MARAD) to redirect the U.S. Merchant Marine Academy's capital improvement funds to pay for st...

IMO Adopts Polar Code Amendments to STCW

By Craig H. Allen

December 6, 2016

At its November 21-25, 2016 meeting, the International Maritime Organization’s Maritime Safety Committee (MSC) adopted resolution MSC.416(97), which amends the International Convention on Standards of...

SM Group Pulls Out of Long Beach Terminal Bid

By The Maritime Executive

December 6, 2016

SM Group, the South Korean owner of Korea Line, has withdrawn its bid to buy a stake in Hanjin Shipping's Long Beach terminal after struggling to raise funds for the bid according to industry sources...

Engine Room Fires Are Never Merry

By Captain Richard Madden

December 6, 2016

Engine room fires account for up to 50 percent of all fires on vessels with 70 percent of those engine room fires being caused by leaks from pressurized systems. Just this week, the chemical tanker Jo...

Canal Wars

By Jack O'Connell

December 4, 2016

With the opening of the new third set of locks, the competition between the Panama and Suez canals just got hotter. By Jack O’Connell On a hot and steamy Sunday afternoon in late June the Expand...

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