Tanker Contamination Claims
One of the most common areas of bulk oil cargo claims is cargo contamination which occurs during the transfer of bulk liquid cargoes, says Captain Paul D. Hall…
IUMI Position Paper on the Offshore Safety Directive
Neil Roberts, Manager, Marine and Aviation, Lloyd’s Market Association (LMA), United Kingdom, and International Union of Marine Insurance (IUMI) Ocean Hull Committee…
Navig8 Tankers Pact with CMB
Navig8 Chemical Tankers Inc. has signed sale and leaseback agreements with CMB Financial Leasing Co. Ltd. (CMB) for three of its IMO2 37,000 dwt Interline coated tankers.
DVB Bank to Dispose GOL's Six Vessels
DVB Group Merchant Bank (Asia) Ltd, a unit of Germany’s DVB Bank SE, can now go ahead and seek bids for selling six ships of GOL Offshore, earlier known as Great Offshore Ltd…
Panama Canal: Expansion and Impact
Panama Canal expansion opens June 26 amid much fanfare and one of the worst shipping industry slumps ever. WSJ says, while it won’t do anything to help the dire state of the industry near-term…
U.S. Merchant Marine Academy Graduates 229
The U.S. Merchant Marine Academy (USMMA) at Kings Point graduated 229 new Merchant Marine and Military Officers as part of its Class of 2016 commencement ceremony today. The keynote speaker, Gen.
Houston International Seafarers Centers to honor Aalund in September
On September 24, 2016 the Houston International Seafarers Centers will host their Annual Maritime Gala . Niels Aalund, Senior Vice President, West Gulf Maritime Association…
Indonesian Navy fires on Chinese boat, injures fisherman
An Indonesian naval vessel fired on a Chinese fishing boat on Friday, injuring one person, China's foreign ministry said, the countries' third reported confrontation…
Amid Melting Arctic Ice, Kerry sees Looming Climate Catastrophe
Standing near Greenland's Jakobshavn glacier, the reputed source of the iceberg that sank the Titanic over a century ago, U.S Secretary of State John Kerry saw evidence of another looming catastrophe.
IMB: Beware Commercial Impact of Cyber Attacks
The International Maritime Bureau (IMB) is asking shipping and maritime companies to be vigilant to the potential commercial impact that cyber-attacks can cause.
USCGC Sequoia Visits Saipan, Open for Tours
USCGC Sequoia (WLB-215), homeported in Apra Harbor, Guam, is scheduled to arrive in Saipan today, for a port visit before continuing aids to navigation operations in Western Oceania.
Crowley Scholarships for Four Maine Maritime Academy Students
Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of Maine Maritime Academy (MMA). The four recipients, J.T.
Seaspan Rejects Hanjin’s Proposal on Charter Rate
The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts…
Indonesia Again Seizes Chinese Fishing Boat
Indonesian navy officials detained a Chinese boat along with seven Chinese crew members for allegedly fishing in Indonesian maritime territory in the disputed South China Sea region…
Nuclear Sub Vladimir Monomakh to Join Pacific Fleet
TASS reports that Vladimir Monomakh Borey class nuclear-powered ballistic missile submarine (Project 955) will complete the voyage to the Pacific Fleet before the yearend…
Shipbrokers Challenge Baltic Exchange
Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries…
Russia Aims it Big With Arktika, World's Largest Icebreaker Ship
The floating out of the world’s largest nuclear-powered icebreaker Arktika in Russia’s St. Petersburg shows Russia's ambitions to control the top of the world in the 21st century.
Hundreds of Scientists Urge Obama to Halt Arctic Oil Drilling
Nearly 400 scientists from more than a dozen countries signed a letter urging U.S. President Barack Obama to take the Arctic Ocean out of the next federal offshore lease sale plan…
Star Bulk Sets Terms on Reverse Stock Split
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the…
Countries Must Do More to help Greece with Migrant Crisis - U.N. chief
United Nations Secretary General Ban Ki-moon called on Saturday for countries to do more to help cope with Europe's migrant crisis, saying Greece could not manage on its own.
