27 JUN 2023 The U.S. Coast Guard has convened a Marine Board of Investigation (MBI), its highest level of investigation, into the loss of the Titan submersible and the five people on board. The crew of the Canadian-flagged expedition vessel Polar Prince lost contact with the Titan 1 hour and 45 minutes into its dive on Sunday, …
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26 JUN 2023 On the Day of the Seafarer 2023, Wallem would like to express its gratitude to the many talented men and women worldwide whose unwavering commitment to their profession helps to keep ships sailing and goods moving. Of course, we are particularly proud and appreciative of the 7,000 …
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25 JUN 2023 The ROVs working at the site of the Titanic wreck located debris that has been confirmed to be from the Titan submersible. The USCG reported that they have determined that there was a catastrophic failure of the pressure chamber with the debris being located approximately 1,600 feet from the bow of …
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22 JUN 2023 Media reports of abuse of fishers and illegal fishing are making consumers wonder whether the seafood on their plate is associated with these unsustainable practices. Our research suggests that there is reason to be concerned. We find that risks of labour abuses and IUU (illegal, unreported and unregulated) fishing are prevalent worldwide, …
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21 JUN 2023 A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its capital productivity and increase its energy efficiency. In the interest of its citizens, it must innovate to do more with less and transform to a lower cost …
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20 JUN 2023 The energy ties between Russia and India have been booming for the last year, and container traffic between the two countries is also forecast to grow. With some of the Russian shipping companies facing sanctions from the West, the Indian market presents a new growth opportunity. One …
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19 JUN 2023 On Sunday, four activists from Greenpeace Nordic briefly delayed a tanker carrying wastewater from the Norwegian oil industry to Denmark. The activists used divers and magnets to attach a small sailboat to the hull of the tanker Bothnia, which was transporting about 9,000 tonnes of contaminated wastewater from …
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18 JUN 2023 On Sunday, the Philippine Coast Guard helped extinguish a fire aboard a large passenger vessel off the coast of Bohol. That morning, the PCG received word that the ropax ferry Esperanza Star had caught fire off Panglao, Bohol while under way for Tagbilaran. The vessel had about 120 people …
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17 JUN 2023 Bangladesh, home of the world’s top-paying buyers of end-of-life tonnage, has approved ratification of the Hong Kong Convention on shipbreaking practices (HKC). There are several formal steps further to go, but the decision effectively guarantees that the nation will join the convention and bring it one step …
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16 JUN 2023 The European Commission has unveiled a set of five legislative proposals aimed at modernizing maritime safety rules and preventing pollution from ships. With maritime transport accounting for 75% of the EU’s external trade, the proposals aim to ensure the safety of shipping while protecting the environment. The proposals focus …
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