News Flash

COVID-19 Is Negatively Impacting The Offshore Energy Insurance Sector, But Market Is Beginning To Harden, Says Iumi

COVID-19 Is Negatively Impacting The Offshore Energy Insurance Sector, But Market Is Beginning To Harden, Says Iumi

At session of the IUMI (International Union of Marine Insurance) annual conference, delegates heard that the offshore energy sector was...
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Us Watches Iranian Fuel Cargoes To Venezuela, Keeps Up Pressure On Other Shippers

Us Watches Iranian Fuel Cargoes To Venezuela, Keeps Up Pressure On Other Shippers

US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and the Trump administration will keep...
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DP World Announces Agreements in Israel Under New Peace Deal

DP World Announces Agreements in Israel Under New Peace Deal

Just a month after the news of a peace deal between Israel and the United Arab Emirates and the same...
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IMO: Seafarers And The Urgent Issue Of Crew Changes; World Maritime Day Event On 24 September

IMO: Seafarers And The Urgent Issue Of Crew Changes; World Maritime Day Event On 24 September

On Thursday, 24 September 2020, between 14:00-15:00 CET, on the occasion of World Maritime Day, the International Maritime Organization, the...
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$50000 Raised To Resume Search For Missing Livestock Carrier MV Gulf Livestock1

$50000 Raised To Resume Search For Missing Livestock Carrier MV Gulf Livestock1

Gulf Navigation holding PJSC (GNH) reported the missing of livestock carrier MV Gulf Livestock1 when it was route from New...
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CLIA: Over $23.5 Billion Invested In Environmentally Friendly Cruise Ships

CLIA: Over $23.5 Billion Invested In Environmentally Friendly Cruise Ships

The cruise industry has invested over $23.5 billion in ships with new energy-efficient technologies and cleaner fuels, the world’s largest...
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Demolition Market in Pre-Covid Levels

Demolition Market in Pre-Covid Levels

The ship recycling market has kept up its recovery pace, with prices rising to the levels close to the pre-Covid...
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SCI to set freight rates for India-Maldives direct service in line with market

SCI to set freight rates for India-Maldives direct service in line with market

Direct cargo service between the two countries will start on September 21 State-run Shipping Corporation of India (SCI) will “review”...
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Indian shipbreaking yards set to suspend operations due to oxygen shortage

Indian shipbreaking yards set to suspend operations due to oxygen shortage

Indian shipbreaking yards have been forced to suspend operations as the country is facing a shortage of oxygen supplies due...
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Captain Dies Of Cardiac Arrest Onboard Asphalt tanker, Vessel Docks At Karwar

Captain Dies Of Cardiac Arrest Onboard Asphalt tanker, Vessel Docks At Karwar

Master of the Asphalt tanker, Global Lady, died in his cabin, onboard the ship during the voyage. Panama flagged vessel...
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Abu Dhabi Maritime Academy Takes e-Training To New Heights With Cloud Simulation Solution

Abu Dhabi Maritime Academy Takes e-Training To New Heights With Cloud Simulation Solution

The technology group Wärtsilä has successfully delivered its brand-new Cloud Simulation solution to Abu Dhabi Maritime Academy. Comprising a combination...
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Korean Shipbuilders Suffering a Drought of VLCC Orders

Korean Shipbuilders Suffering a Drought of VLCC Orders

Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers (VLCCs), which are a major...
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BIMCO: Simplifying environmental reporting

BIMCO: Simplifying environmental reporting

BIMCO Shipping KPI version 4 is expected to be released by end September. Considering the development in the shipping sector,...
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Transaction, legal advisors working towards SCI disinvestment: Shipping Ministry

Transaction, legal advisors working towards SCI disinvestment: Shipping Ministry

The Shipping Ministry has recently said post ''in principle'' approval for strategic disinvestment of government shareholding in Shipping Corporation of...
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Thousands mobilise in bid to try and save the 40 missing men from the Gulf Livestock 1

Thousands mobilise in bid to try and save the 40 missing men from the Gulf Livestock 1

Thousands of people around the world are joining together to get more nations involved in the search operation for the...
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MSC’s Giant Container Ship Collides With Gantry Crane In Valencia, Spain

MSC’s Giant Container Ship Collides With Gantry Crane In Valencia, Spain

One of the world’s largest ship in the world with 23,000+ TEU capacity, MSC MIA, collided with a gantry crane...
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Engine Room Accident Disables Bulk Carrier, Crew Airlifted For Medical Assistance

Engine Room Accident Disables Bulk Carrier, Crew Airlifted For Medical Assistance

Italian Bulk Carrier Cristin was stopped midway after an engine room accident, as per sources. The vessel was stopped due...
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Major Maritime Bodies Call Governments To Immediately Recognise Seafarers As Keyworkers

Major Maritime Bodies Call Governments To Immediately Recognise Seafarers As Keyworkers

The Director-General of the International Labour Organization (ILO), the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD),...
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World’s First Wind Powered PCTC Concept ‘Oceanbird’ Introduced

World’s First Wind Powered PCTC Concept ‘Oceanbird’ Introduced

At a live webcast 10 September 2020, Oceanbird – the world’s first wind powered PCTC concept was introduced. Oceanbird will...
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Stranded At Sea – Ship Ran Out Of Diesel For Lighting; Crew Without Wages For Months

Stranded At Sea – Ship Ran Out Of Diesel For Lighting; Crew Without Wages For Months

A growing number of crew abandoned on ships in the Arab World without pay, food or water are receiving assistance...
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