CMA CGM has introduced a Low Sulphur Surcharge (LSS20) effective December 1st, 2019 to cover the increase in fuel-related costs associated with the implementation of the IMO 2020 regulation.

MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochemical Co. Ltd. for the purchase of six newbuild 98,000cubic meters Very Large Ethane Carriers (VLECs).

Elvictor Group, Inc. (OTCQB: ELVG) is a sophisticated and technology-oriented crew management company. It proudly announces the following additions to the New Board of Directors of Elvictor Group. The four personalities that are joining us are Lampros Theodorou, Lambros Chahalis, George Xiradakis and Theodoros Nikolopoulos.

The Republic of the Marshall Islands (RMI) Registrar of Non-resident Domestic Corporations (the “Registrar”) launched its online economic substance reporting portal and guidance on how to utilize the portal.

RightShip announced support for The Mission to Seafarers in their work to protect the well-being of seafarers around the world, with an unrestricted donation of US$25,000.

The Cyprus Shipping Chamber expresses its deep disappointment that, despite repeated appeals and proposals from the International Shipping Industry, there is a delay from Governments around the world in finding practical solutions to the very serious issue of crew changes and repatriation of seafarers with expired contracts, in many cases beyond three months, bringing seafarers and the Shipping Industry on the verge.