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US MSC Sends First Ever Ship to India for Repairs
In a first-of-its-kind move designed to strengthen the U.S. position with India, the U’S’ Navy’s Military Sealift Command sent one of its vessels for maintenance and repairs at an Indian shipyard. While the project itself maybe be smaller in scope, the significance of the U.S. Navy contracting for work in India is serving as a significant diplomatic moment, gaining broad exposure in India and designed to strengthen cooperation between the U.S. and India... -The Maritime ExecutivePosted On:9-Aug-2022
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Tankers See Strongest Market in 25 Years
Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at least 25 years, buoyed by robust demand for fuels and stretched sailing distances after Russia’s invasion of Ukraine. So-called product tankers have earned more than $40,000 a day for the past 14 weeks, a feat not achieved in data that began at the start of 1997,.. -gCaptainPosted On:9-Aug-2022
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Japanese majors team up on digital engineering technology
Japanese industry majors have joined hands in a program aimed at strengthening digital engineering technology and skills in the maritime sector by building a cooperative simulation platform. The companies involved in the project are Japan Marine United Corporation, Mitsubishi Shipbuilding, NYK Group, Furuno Electric, Japan Radio, BEMAC Corporation, ClassNK, and NAPA... -Offshore EnergyPosted On:9-Aug-2022
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India: SCI’s lacklustre Q1 show bolsters privatisation move
The April-June quarter financial results of State-run Shipping Corporation of India Ltd has been described as “shocking” by the shipping industry after the net profit tumbled 28 percent for the first three months of the current fiscal when the overall freight market did exceedingly well. The lacklustre performance of India’s second biggest ocean carrier by fleet size will reinforce the view that the company needs to be freed from government shackles for improving performance... -ETInfra.comPosted On:9-Aug-2022
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Ukraine and Russia Agree to Protect Grain Ships in Black Sea
Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters. The United Nations and Turkey brokered the agreement last month after U.N. warnings that the halt in grain shipments caused by Russia’s invasion of Ukraine was stoking severe food shortages and even outbreaks of famine in parts of the world... -gCaptainPosted On:9-Aug-2022
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Food at sea: changing menus
With the recent challenges of covid, the Ukraine conflict, increasing prices globally and the supply chain crisis, the last 10 years have seen significant change within the shipping industry and in particular the strong focus now on crews’ health and wellbeing. As MCTC celebrates reaches a decade of being in business, it is a perfect time to look and reflect on how the past decade in the maritime catering sector has evolved for companies and seafarers alike... -Splash 247Posted On:9-Aug-2022
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Bangladesh: Maritime ports asked to hoist local cautionary signal No 3
Maritime ports of Bangladesh have been advised to hoist local cautionary signal No 3 as the well-marked low that formed over Northwest Bay of Odisha-West Bengal Coast lies over Northwest Bay of Odisha coast and adjoining area. It is likely to intensify further, said a special bulletin of the Met office... -Dhaka TribunePosted On:9-Aug-2022
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Maritime Administration in Caribbean takes centre-stage
The Regional Meeting for Directors and Heads of Maritime Administrations jointly organized by the International Maritime Organization (IMO) and the Maritime Authority of Suriname (MAS), was held in Paramaribo, Suriname (28-29 July 2022). The meeting was considered an important transition to a more formalized structure to address matters affecting sustainable maritime transport in the Caribbean Sea... -Mirage NewsPosted On:9-Aug-2022
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Singapore Arrests 10 Crewmembers in Latest Fuel Fraud Scheme
The authorities in Singapore reported the arrest of ten men working as crew aboard two tugboats suspected in a scheme to steal and sell marine gas oil from one of the tug’s employers. Singapore, which is the largest bunker fuel market in the world, continues its efforts to crack down on frauds and illegal sales of fuel. Last fall, nine men were jailed in an elaborate fraud cheating shipowners on the amount of fuel delivered to vessels... -The Maritime ExecutivePosted On:9-Aug-2022
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Sanctions, Russian oil, and the tanker market
Successive rounds of European Union (EU) sanctions have steadily tightened the screw on Russian oil exports since the country invaded Ukraine. The bloc’s sixth Sanctions Package, announced in early June, included a ban on seaborne crude oil imports from Russia later this year and petroleum products from early 2023... -Seatrade Maritime NewsPosted On:9-Aug-2022
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Australian Police Seize $195 million in Cocaine Aboard Boxship
Australian authorities have seized 700 kilos of cocaine from a container aboard a Maersk boxship in Sydney, adding to the growing cocaine shortage in East Australia. Australian Border Force (ABF) officers discovered the drugs aboard 22 July, 2022 during an inspection of containers aboard the container ship Maersk Inverness, which had docked a day earlier... -The Maritime ExecutivePosted On:9-Aug-2022
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Historic replica of Sweden’s Gotheborg wooden sailing ship sails under London’s Tower Bridge
A voyage back to 1738: London steps back in time as wooden replica of 18th-century Swedish East India Company ship sails along the River Thames and through Tower Bridge. n historic replica of an 18th century Swedish trading ship that sank more than 270 years ago wowed commuters on their way to work today as the boat made a triumphant return to London for the first time in 15 years... -Daily MailPosted On:9-Aug-2022
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Climate Change Threatens Panama Canal And Global Maritime Trade
The Panama Canal is a conduit for 6% of the global maritime traffic. But climate change is disrupting that trade. While high temperatures and little rain are the primary causes, four hurricanes over seven years have been equally devastating. The Panama Canal is in the midst of Panama’s rainforests, which cover 68% of its land or nearly 12.7 million acres... -ForbesPosted On:9-Aug-2022
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Ship Recycling Market Slows with Dearth of Tonnage for Scrap
Sub-continent markets are going to be (seemingly) deprived of tonnage in the foreseeable future, as recycling rates continue their downward descent and tighter restrictions are placed on importing large LDT tonnage into Bangladesh and now Pakistan (with limits on large $ value L/Cs)... -MarineLinkPosted On:9-Aug-2022
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Hydrogen as Fuel: Possibilities, But...
Hydrogen is everywhere. You know that from high school chemistry. And you also know it from Marine News’ almost daily updates about H powered vessel projects around the world. As a fuel that could potentially replace fossil fuels, H is in the spotlight. Perhaps the brightest spotlight, at least in the U.S., is within the Department of Energy’s “Energy Earthshots” initiative... -MarineLinkPosted On:9-Aug-2022
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What do you think of data management systems?
Data management onboard a superyacht is one of the fastest-growing sectors in the market. As coverage and connectivity become global, yachts no longer operate in isolation. Effective data management and monitoring are cornerstones of the marine industry, and in many ways, superyachts are behind other commercial sectors... -SuperyachtNews.comPosted On:9-Aug-2022
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Sailor duped of Rs 1.46 lakh in job fraud scam in Mumbai
A 21-year-old sailor of the Indian Coast Guard (ICG) was duped in a social media job fraud scam on Friday while he was admitted to INHS Asvini military hospital in Colaba, Navy Nagar. The Cuff Parade police have registered an FIR against an unknown person based on a complaint filed by the young ICG sailor. According to the FIR, registered by Cuff Parade police station, the sailor was duped of Rs 1,46,636... -mid-day.comPosted On:9-Aug-2022
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Rejected by Malta, rescue ship seeks safe port
The civil rescue ship Sea-Eye 4, carrying 87 migrants, was refused permission to enter a port in Malta at the weekend and has continued on to southern Italy in the hope of being able to dock there. The German vessel Sea-Eye 4 spent days waiting off Malta after rescuing 87 migrants from the country’s Search and Rescue zone in the Mediterranean a week ago... -InfoMigrantsPosted On:9-Aug-2022
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Lifeboat crew rescue three trapped by tide
Three explorers had to be rescued by Sheerness lifeboat after getting trapped by the tide. The trio was trying to walk from Minster to Leysdown along the beach but became marooned at Eastchurch Gap as the tide came in. The rescue happened on Wednesday. The alarm was raised at 2.37pm just as the inshore lifeboat Buster was returning to its boathouse after retrieving two inflatables drifting off the seafront at Sheerness... -Kent OnlinePosted On:9-Aug-2022
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