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World Stocks Tumble as Britain Votes for EU Exit
Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money…
Asia Tankers-VLCC Rates to Climb Slowly
Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs)…
Admiral of the Ocean Sea Award Recipients Named
The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways…
SeaPro FourStroke Making Gains in the Commercial Market
Mercury Marine’s family of SeaPro FourStroke outboard engines is suited for high-hour applications and harsh environments, according to the manufacturer, who said the engines are gaining popularity within the commercial marketplace. The line’s latest commercial marine endorsement comes from TowBoatUS, operator of more than 600 boats in the U.S., who is investing in Mercury SeaPro outboards on some of its fleet, including one vessel in Ft. Myers, Fla.
Boat Migrant Rescues Surge as Calm Seas Return to Mediterranean
Ships manned by humanitarian organisations, the Italian navy and the coast guard helped rescue more than 2,000 boat migrants on Thursday as calm seas returned to…
Tracking Global Piracy Trends
Piracy has existed since the conception of shipping, and pirate attacks on vessels continue to disrupt trade, raising vessel security concerns and impacting the…
Maritime Security Experts Weigh in on West Africa
Maritime operations in West Africa are affected by threats from piracy and other maritime crime. It is very complex to get an overview of the different types of…
FPSOs Sit Unprecedentedly Idle
The 20 year four-fold growth pattern in the world’s FPSO fleet stalls out in 2016 with a record number of FPSOs idle and available for redeployment – or perhaps to be forced into other uses, lay up or scrap. FPSO redeployments typically are far more complex, costly and risky than for (say) drillships and yet the need for redeploying idle FPSOs is now in the forefront of the industry like never before as FPSO owners also have to face the worst ever down market for their equipment and services.
Small Vessel Tracking Tested in South Africa
exactEarth Europe Limited, a UK subsidiary of exactEarth Ltd, a provider of Satellite AIS data services, recently concluded the main part of its ‘South Africa Safety Initiative for Small Vessels’ (OASIS) project – a small vessel tracking trial with the South African Maritime Safety Authority (SAMSA), part-funded by the UK Space Agency (UKSA) under its ‘International Partnership Space Program’ (IPSP).
Damen Names Second Shoalbuster 3009 for SMIT Amandla
The second of two Damen Shoalbuster 3009 multi-purpose workboats for SMIT Amandla Marine has been named in a ceremony at Damen Shipyards Cape Town, South Africa.
Cooperation to Enhance Maritime Security in West and Central Africa
Maritime security experts have met in Rio de Janeiro, Brazil (15-17 June) to share expertise on how cooperation on maritime surveillance monitoring and communication…
EU Gives Med Mission Okay to Search for Libya-bound Arms
EU maritime mission gains more power to seize weapons; also says moves will help break migrant smuggling gangs. The European Union on Monday gave its naval force…
ISS Launches new Partner Solution Initiative
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, is introducing a new Partner Solutions initiative to develop and deliver…
Smartphone App Aims to Aid Migrant Sea Rescues
A smartphone application that allows users to scan the Mediterranean for boats in distress is being tested by a migrant rescue service, which hopes that crowdsourced information will help it save more people. The I SEA App, available on iTunes, divides a satellite image of the sea route migrants are taking into millions of small plots which are, in turn, assigned to registered users. Each user then…
MSC Cruises, Marlink Enhance Guest Connectivity
MSC Cruises, a privately-owned cruise line and market leader in Europe, South America and South Africa announced that it has worked together with Marlink – the pioneer…
Monjasa DMCC Awarded Best Maritime Company
Managing Director for Monjasa DMCC, Mikkel Jacobsen, proudly received the Dubai Multi Commodities Centre (DMCC) Award for Best Maritime Company 2016. The DMCC counts +12…
BP, Eni Make Gas Discovery off Egyptian Coast
Energy majors BP and Eni on Thursday announced a significant natural gas discovery off the Egyptian coast. The discovery is in the Baltim southwest exploration prospect in the East Nile Delta.
Hapag-Lloyd Extends Intra Mediterranean Service
Hapag-Lloyd informs about the new rotation effective July 5, 2016. We would like to inform you that as from July 5, 2016 Hapag-Lloyd will enhance its intra Mediterranean…
Refiners Cold, Oil Unsold amid Nigerian Chaos
Refineries from India to the United States are backing away from buying Nigerian oil amid heightened uncertainty about deliveries as the country squares up to militants in the restive Delta region.
EMC Unveils New Suite of Global Marine VSAT Services
EMC today announced a new global Ku-band VSAT package of connectivity and content for ships at sea, optimized for the next-generation high-throughput satellite (HTS)…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
