Sanctioned VLCCs Remain Stranded Off Bangladesh
Two OFAC-sanctioned VLCCs remain stranded outside Bangladeshi waters with no prospects of a final resting place, reports cash buyer GMS, and this is now seeing cash buyers and ship recyclers being vigilant in their due diligence prior to negotiating on units.There are reportedly still a few more units in cash buyer hands that are waiting to be introduced for a recycling resale. However, given the fate that the behemoth duo has run into outside Bangladesh…
Crew Rescued After Cargo Ship Fire Off Philippines
The Philippine Coast Guard (PCG) has responded to a fire on board the Castphill XV in the vicinity waters of Patungan Maragondon, Cavite.At approximately 4:27AM on March 30, BRP Boracay (FPB-2401) successfully rescued seven crew members, including the vessel’s captain, who sustained only minor injuries.At around 7:35AM, the Coast Guard Sub-Station (CGSS) Maragondon, Cavite, rescued an additional five crew members…
Australia and Singapore Fund Green Fuel Projects
Australia and Singapore have selected eight projects for funding as part of a A$20 million ($12.6 million) initiative to help reduce emissions in the maritime sector.The Australia-Singapore Initiative on Low Emissions Technologies (ASLET) supports the objectives of the Singapore and Australia Green and Digital Shipping Corridor (GDSC), which will help accelerate decarbonization and digitization of shipping routes between Singapore and Australia.
CIMAC Publishes Methanol FAQ
CIMAC has released a new guideline titled “Frequently Asked Questions (FAQ) – ISO 6583:2024: Methanol as a Fuel for Marine Applications – General Requirements and Specifications.”CIMAC is the leading global non-profit association promoting the development of ship propulsion, train drive and power generation. The association consists of national member associations and corporate members in America,…
Panama Purges 107 Ships
The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing the deregistration process.The deregistered vessels had been identified for compliance concerns or were listed on sanctions list issued by the US Office of Foreign Assets Control (OFAC), the EU and the UK.To prevent high-risk vessels from entering the Panamanian Registry…
Three Chinese Nationals Missing After Suspected Pirate Attack
Three Chinese nationals were missing from Ghanaian waters and believed to have been kidnapped after a "suspected pirate attack" on their Ghanaian-registered fishing vessel, the West African nation's military said on Saturday.Seven armed people boarded the ship and fired warning shots shortly before 6 p.m. (1800 GMT) on Thursday, the military said in a statement, adding that they had stayed on board…
