News Items

Private Security Firm Calculates Economic Cost of Piracy

Managing director of private security firm Protection Vessels International (PVI) Eric Conway has published the paper "Calculating the Cost of Piracy" - a cost which affects flag states.

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Tuvalu Completes Iranian Vessel and Company Delistings

Tuvalu has affirmed that it has removed all Iranian-linked vessels and companies from its registries as previously scheduled.

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New Zealand to Amend Maritime Transport Act

New Zealand has proposed a Bill that would introduce amendments to the 1994 Maritime Transport Act including implementation of three international maritime conventions and blood-alcohol limits for crewmembers.

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Chinese Leasing Company Hopes to Expand into Global Market

Beijing-based Minsheng Financial Leasing is experiencing great success in the national shipping market and hopes to expand into the global trade.

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Ultrapetrol's Brazilian Office Hesitant to Flag-in PSVs

The Brazilian arm of the Argentine-based Ultrapetrol is developing its fleet of platform supply vessels (PSVs) but is reluctant to register the vessels nationally.

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ICS Conference Addresses Ballast Water Management, Maritime Labor Conventions

The shipping industry encouraged flag states to adopt the IMO Ballast Water Management and ILO Maritime Labor Conventions at the International Chamber of Shipping (ICS) conference held this week.

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Taiwan Seeks to Boost Trade by Opening Routes

Taiwan is interested in boosting its trade but flag restrictions across the country's trade route with China may limit that growth.

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Tuvalu Registry Speaks Up Regarding Iranian Vessel Delisting

The Tuvalu Registry has released a schedule for removal of all Iranian-linked vessels from its registry.

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Miami-based Cruiseline Will Relaunch Nationally-Flagged Ship

United States based Norwegian Cruise Lines will redesign its sole nationally-flagged vessel during the spring of 2013.

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Jamaica Welcomes Home Assistant Parliamentary Counsel

Assistant Parliamentary Counsel for Jamaica Duane Allen has recently returned to the island following study at the International Maritime Law Institute in Malta.

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