Arbitration panel tells Russia to pay Dutch $6 million over Greenpeace boat seizure
London - The five-member arbitration panel, based in Vienna, ruled in 2015 that Russia was liable under the U.N. Convention on the Law of the Sea (UNCLOS).
Shipowners
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Royal Caribbean Cruises to install NAVTOR NavBox across entire fleet
Miami - Royal Caribbean Cruises Ltd (RCC), a renowned global leader in the cruise segment, has signed a deal with NAVTOR to install the innovative NavBox solution across its entire corporate fleet of 49 vessels.
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Shipping Forum 4.0
Genoa - Transport and digitization are at the heart of the fourth edition.
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Thailand greenlights first phase of $5.5-bln railway project with China
London - The first phase encompasses six railway stations on a 250-km (155-mile) high-speed line linking the Thai capital of Bangkok and the northeastern province of Nakorn Ratchasima.
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China’s COSCO Shipping offers $6.3 billion for Orient Overseas Ltd
Beijing - The proposed deal is the latest in wave of mergers and acquisitions in global container shipping that has left the top six shipping lines controlling 63 percent of the market.
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Bid to improve Sydney’s cruise ship space
Sydney - Cruise ships so large they don’t fit under the Sydney Harbour Bridge are forcing the NSW government to consider asking the navy share valuable real estate on the ocean side of the iconic bridge.
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Maersk: “Too early to predict financial impact of cyber attack”
London - “Our first priority has not been to look at the financial impact,” Robbert van Trooijen, Maersk’s Asia Pacific chief executive told reporters on a call.
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Japanese firm to build $300M shipbuilding facility in Negros
Bacolod - rocessing is now underway for the construction of a $300 million shipbuilding facility of a Japanese firm in Hinobaan town of Negros Occidental.
