Read at SMITV travels to Dubai to talk to ITM President Lars Modin

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• ITM provides an officer fixed contracts

     International Tanker Management boss Lars Modin is looking at introducing fixed contracts for officers on his managed vessels as a way on boosting crew loyalty and ensuring the recruitment and retention of the best officers available. Admitting the process does… Read at ITM looks to officer ‘fixed contracts’

• Why the struggle to save?

     (workboat) So, I’m giving a talk this weekend to some yachting folks on legal issues that arise when you abandon ship. Of course, I’m going to talk about salvage. It’s a favorite subject of mine and deserves attention because it is often misunderstood.  Source

• Production at Al Jalila oil field next year to start

    Commercial production of oil from the newly discovered Al Jalila offshore oilfield could begin next year, the Media Office of the Dubai Government said yesterday. The new oilfield, named after the daughter of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler

• High oil prices in the Gulf support in 2010

    Tight credit will continue to drag the Gulf and the UAE’s economic growth down this year, an industry expert told a gathering organised by the Dubai School of Government on Sunday evening.

• Pedersen is in Dubai-based 3rd-party management agency

    A new ship management company specialising in the offshore vessel, bulker and tanker markets has been set up in Dubai by two shipmanagement heavyweights, ex-Thome and EMS Ship Management boss Svein Pedersen and past ITM Vice President Thomas Arakal. Noah… Read at Pedersen sets up Dubai-based 3rd party management body

• EXCLUSIVE – Greek shipowners SMITV talk about Greek Euro-crisis

     Evangelos Pistiolis, Harry Vafias, Stamatis Molaris, Nicholas Papalios and Ion Varouxakis talk to SMITV about the Greek crisis. Please note that the video is 10 minutes long and may take a few minutes to load. Read at EXCLUSIVE – Greek ship owners talk to SMITV about the Greek Euro crisis

• Swiss shipping company to expand business in Bangladesh

    Gulf Agency Company (GAC) Dubai, UAE, a Swiss-based company has expressed keen interest in expanding its business in Bangladesh considering its immense potential especially in IT and shipbuilding sectors. The interest has been showed when the visiting high-profile GAC delegation met the members of Uni-Global Business Ltd, one of the leading shipping

• Iron ore price negotiations – Vale to follow, Rio Tinto and BHP

    According to source from Vale, Vale has not yet prepared for the coming annual iron ore benchmark talk. Source familiar with the environment disclosed that “Vale will not present any results in advance or initiatively

• Maersk hires protect warship Tanker

    Danish shippers are taking more extreme measures to provide safety for the fleets sailing in pirate waters Danish shipper A.P. Moller Maersk has hired out soldiers and a warship from Tanzania to protect its fleet in pirate-ridden waters off the coast of Africa, and now other shippers are expected to

• APL Flow Center opens

     APL Logistics has launched flow centre operations in Dubai Logistic City’s international free trade zone, Dubai, UAE.The flow centre enhances the speed and reliability of product movement and is based in one of the largest facilities in the DLC.It can access a scalable capacity of up to 25,000 square