MOL announced on Monday the new three-year midterm management plan that will take effect in April 2014. MOL Group has been carrying out all plans in single-year plan “RISE 2013” with goals of restoring profitability and laying a strong foundation to return to a growth trajectory.
Earlier today the Singapore flagged car carrier Baltic Breeze collided with a Spanish fishing vessel near the Port of Vigo in Spain.
A 81 meter cargo ship grounded on the beach in the mouth of the River Teign a few days ago.
DNV GL has recenlty issued a new report to evaluate the possibility of retrofitting existing cruise ships to run on LNG as fuel. Considering the cost of investments and fuel prices, LNG may be a cost- beneficial solution that meets the challenge for reducing air emissions.
The UN International Court of Justice ordered Japan on 31 March to stop whale hunting, thus dismissing the argument used by Japan that the hunting was being made for scientific purposes.
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Officer of the Watch 