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Russia’s Ukraine invasion set to spark seafarer crisis
Shipowners and managers are facing up to the prospect of huge seafarer shortages following Russia’s explosive invasion of Ukraine. Ship managers are predicting difficulties in getting thousands of crew in and out of the Ukraine during the crisis, while sanctions are likely to make it difficult for Ukrainian or Russian seafarers to be paid... -TradeWindsPosted On:25-Feb-2022
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What Does Russia’s Invasion of Ukraine Mean for Global Shipping?
Sal Mercogliano, host of What’s Going on With Shipping, is joined by the CEO of gCaptain, John Konrad, to discuss the impact of the Russian invasion of Ukraine on Global Shipping. The discussion then focuses on the current situation in Ukraine and the Black Sea, along with the shut down of ports in Ukraine, the closing of the Kerch Strait, and an attack on a Turkish cargo ship... -gCaptainPosted On:25-Feb-2022
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War In Ukraine Will Magnify The Global Trade Crisis
Disruptions in global trade are about to go from bad to worse. With Russia’s invasion of Ukraine early Thursday, energy costs are soaring, stocks are plunging, Western sanctions are being sharpened, and central bankers already worried about inflation face additional drags from weaker consumer confidence and bigger potential shocks to fragile European economies... -gCaptainPosted On:25-Feb-2022
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Oil price shoots up as Russia invades Ukraine
Global sea trade suffered another major knock this morning as Russia’s invasion of Ukraine drove oil prices up by about 8%, something that will filter through to already sky high bunker prices. The time lag between oil prices and bunkers meant latest prices at key bunker hubs were not available early this morning. But an 8% increase, or more, is a major blow, adding to inflationary pressures and the spiralling costs of global supply chains... -Seatrade Maritime NewsPosted On:25-Feb-2022
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Azov sea blocked, shipping suspended
Russia suspended all shipping in Azov sea, including ships coming to/from Ukrainian ports in Azov sea, starting 0400 Moscow time Feb 24, indefinitely. The majority of Russian Black See Fleet Navy, capable of carrying troops and military vehicles, are grouped near major Ukrainian ports of Odessa, Chornomorsk, Black sea... -FleetmonPosted On:25-Feb-2022
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India: Union Min inaugurates Centre of Excellence in Maritime and Shipbuilding
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal inaugurated Centre of Excellence in Maritime and Shipbuilding (CEMS) here on Wednesday. The CEMS was developed as a special purpose vehicle in association with the Ministry of Ports, Shipping and Waterways, and Indian Register of Shipping with an aim to bridge the skill gap, up-skilling and re-skilling of the current workforce... -The New Indian ExpressPosted On:25-Feb-2022
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Over 45,000 incidents of maritime corruption reported in past 10 years
Over the last decade the Maritime Anti-Corruption Network (MACN) has collected reports of over 45,000 incidents through its anonymous reporting system. The incidents collated through MACN’s Anonymous Incident Reporting platform took place across 1,195 ports in 149 countries, showing both the scale and spread of the issue... -Ships & PortsPosted On:25-Feb-2022
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MSC Boxship Saves Four During Ongoing Vietnamese SAR Operation
Vietnamese authorities with assistance from the commercial shipping industry and fishing vessels are conducting a search and rescue operation in the South China Sea for eight crewmembers missing for a cargo ship that went down in a storm. A passing MSC vessel joined in the search rescuing four of the seafarers after they abandon ship... -The Maritime ExecutivePosted On:25-Feb-2022
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CMA CGM starts global biofuels trial
CMA CGM has started a global biofuel trial for 32 containerships with a refuelling operation in Singapore. The six-month global trial was kicked-off with the refuelling of the 10,640 teu APL Paris in Singapore on Wednesday. The bunkering operation with the support of the MPA conducted alongside simultaneous container loading and discharging operations at PSA Singapore. Seatrade Maritime NewsPosted On:25-Feb-2022
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Two Russian cargo ships hit by Ukrainian missiles, Russia says
Two Russian commercial cargo ships have been targeted by Ukrainian missiles in the Sea of Azov, several Russian news agencies reported, citing the country’s Federal Security Service’s (FSB) border department for the Krasnodar Territory as saying. The ships in question have been identified as the 3,300 dwt SGV Flot owned by Samarashipping and the 4,000 dwt Seraphim Sarovskiy owned by Rechmortrans... -Offshore EnergyPosted On:25-Feb-2022
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Change of mindset needed for dual-fuel vessel operations
Operating dual-fuel vessels takes a change of mindset throughout an organisation, but is the best available solution for decarbonisation, according to an expert panel. Speaking at the webinar “Building and Operating Dual Fuel Vessels” hosted by Eaglestar and Presented by Seatrade Maritime News, speakers outlined the changes seafarers, shipowners and operators can expect when moving to handling new fuels... -Seatrade Maritime NewsPosted On:25-Feb-2022
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Turkish bulk carrier hit by Russian air strike off Odessa
Turkish bulk carrier YASA JUPITER was hit by either Russian air strike or Russian missile off Odessa, Black sea, on Feb 24, while en route from Dnepro-Bugskiy to Constanta Romania. According to Turkish MRCC, the ship sustained damages in cargo hold area, but she remained under way, continues voyage. Crew are, thankfully, safe... -FleetmonPosted On:25-Feb-2022
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