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IMO – The International Maritime Organization

IMO postpones further meetings

IMO has decided to postpone a number of meetings due to the coronavirus pandemic. Full Story »

I IMO – The International Maritime Organization

Ocean container volumes are about to fall off a cliff

The new market outlook of U.K.-based consultancy Maritime Strategies International (MSI) reads like a Stephen King novel geared toward container-line executives. It’s not exactly feel-good reading for cargo shippers either. Cheap freight rates are only attractive if they don’t trigger another Hanjin Shipping-style bankruptcy.

Bunker industry credit risks exacerbated amid COVID-19 outbreak

Credit risk in the bunker market is intensifying amid the coronavirus outbreak, even as dropping bunker fuel costs following the recent collapse in oil prices offer some respite to shipowners in a challenging market, industry sources in Singapore told S&P Global Platts this week.

IMO – The International Maritime Organization

Tackling COVID-19 – a voyage together

​IMO Secretary-General stresses vital need to maintain commerce by sea and protect seafarers' welfare in face of coronavirus shut down.

I IMO – The International Maritime Organization
IMO – The International Maritime Organization

2020 - building on a year of action to empower women in the maritime community

"Empowering Women in the Maritime Community" was selected as the World Maritime Day theme for 2019. This provided an opportunity to raise awareness of the importance of gender equality, in line with the SDGs, and to highlight the important contribution of women all over the world to the maritime sector.

I IMO – The International Maritime Organization
IMO – The International Maritime Organization

Modernizing the global maritime distress and safety system

IMO’s Sub-Committee on Navigation, Communications and Search and Rescue (NCSR 7, 15-24 January) will continue its ongoing work to review the GMDSS requirements.

I IMO – The International Maritime Organization
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EU shipowners critique new container lashing directive

The European Transport Federation (ETF) is asking for changes on lashing operations concerning the people who take part in them; Now, European short-sea and feeder ship operators are challenging efforts by the ITF to redefine container lashing as a cargo handling activity in order to bring it under the control of unionized dockers.

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Fincantieri Marinette to Build Saudi Warships

A Lockheed Martin-led team has secured a multibillion dollar order from the U.S. Navy to build four Multi-Mission Surface Combatants ships for the Kingdom of Saudi Arabia, as part of the U.S.’s Foreign Military Sales program.

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Bilun ELMACIOĞLU Senior Lawyer & Mediator

Mediation for Commercial Disputes in Turkey

There is a recent legislation that came into force on 01.01.2019, in Turkey, regarding the commercial claims. New articles were added to Turkish Commercial Code and put a mandatory provision that the commercial disputes should go through mandatory mediation first. The meaning of mandatory is a pre-condition of being able to commence a claim before the courts of Turkey as regards to the commercial disputes.

B Bilun ELMACIOĞLU Senior Lawyer & Mediator