India’s Ship Recycling Deals Suggest Market Recovery
Cash buyer GMS reports that the ongoing complications experienced in the Indian sub-continent ship recycling markets have shown few signs of dissipating this week.The company says the lack of vessels and financing approvals in Bangladesh and Pakistan has seen market prices reach new lows with each concurrent sale into the sub-continent destinations.“Notwithstanding, despite being moderately placed in the market rankings…
China's Behaviour in South China Sea must be Challenged - U.S. Navy Official
China's "aggressive behaviour" in the South China Sea, including the use of water canon by its coast guard against a Philippine vessel, must be challenged and checked, the commander of the U.S. Navy's Seventh Fleet said on Sunday.Vice Admiral Karl Thomas assured the Philippines of U.S. backing in the face of "shared challenges" in the region, saying: "My forces are out here for a reason."The largest of the U.S.
Second Vessel Leaves Odesa Through Temporary Black Sea Corridor
A vessel carrying steel products to Africa has left Ukraine's Odesa port through a temporary Black Sea corridor, the second ship to do so since Russia withdrew last…
P&O Cruise Passengers Injured in Mallorca Collision
A small number of people were injured on Sunday during a "weather-related incident" involving P&O Cruises Britannia ship moored in the Spanish island of Mallorca, a spokesperson for the company said.Port authorities in the capital Palma said the ship collided with a petrol tanker because of high winds. The BBC said it broken free of its moorings in a storm."P&O Cruises Britannia was involved in a weather-related incident while alongside in Palma de Mallorca.