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The shipping market in 2016 and looking forward

03 January 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

United States Coast Guard Port State Control Inspections

26 November 2014

Foreign vessels operating in United States waters are subject to inspection under Title 46 of the United States Code (U.S.C.) Chapter 33. Reciprocity is accorded to vessels of countries that are parties to the International Convention for the Safety of Life at Sea (SOLAS). In addition, certain provisions of the pollution prevention and navigation safety regulations (33 Code of Federal Regulations (CFR) 154-156 and 164, respectively) apply to foreign vessels operating in the United States waters.