01 NOV 2024 The iconic Floating Instrument Platform, known as “FLIP” because of its unique capacity to operate in either a vertical or horizontal configuration, has been saved from scrapping and is now in France where it is being modernized to start a new phase of its research missions. The …
Read More »PANAMA CANAL DEFIES DROUGHT WITH $3.45 BILLION PROFIT DESPITE FEWER SHIPS
31 OCT 2024 The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the waterway, its authority said on Friday. Adverse weather conditions that reduced water available for the canal …
Read More »DAMAGED MV RUBY TO DOCK AT GREAT YARMOUTH AMID CONCERNS OVER EXPLOSIVE CARGO
31 OCT 2024 The MV Ruby, a cargo ship carrying a significant amount of potentially explosive fertilizer, is set to dock at the Port of Great Yarmouth on Monday, October 28, Peel Ports Group has confirmed. The move comes after weeks of uncertainty and concerns over the ship’s hazardous cargo. …
Read More »TWO “SHUNNED” CARGO SHIPS FIND RESOLUTION TO DISPUTES
30 OCT 2024 Two cargo ships have been making international headlines as they were shunned by ports and were being treated as “pariahs” endangering public welfare. Both ships, the Malta-registered general cargo ship Ruby and the Portugal-registered Kathrin, have been stuck holding offshore while they struggled to resolve issues and …
Read More »NEW WARNINGS OF PIRACY ACTIVITY IN INDIAN OCEAN AND SINGAPORE STRAIT
29 OCT 2024 Despite the numerous reports that crime against seafarers has fallen dramatically, fresh warnings have gone out this week to vessels operating both in the Indian Ocean and transiting the Singapore Strait. EUNAVFOR warns that it is investigating suspected pirate action groups from Somalia while ReCAAP ISC in …
Read More »GREEK SEAFARERS EXTEND STRIKE STOPPING MOST ISLAND FERRIES
28 OCT 2024 The unions representing Greek seafarers including deckhands, dockworkers, and others on the country’s critical island ferries, are extending their strike for another two days as they demand better wages and work rules. A “warning strike” started on Tuesday and Wednesday and the unions are now adding another …
Read More »PUTIN TO EXAMINE BLACK SEA SHIPPING PROPOSALS FROM TURKEY’S ERDOGAN
28 OCT 2024 Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents. Turkey and U.N. Secretary-General Antonio Guterres have long been seeking to get merchant shipping sailing more freely though the Black Sea, which in parts has become a naval war …
Read More »WHY AMMONIA COULD BE THE KEY TO NET-ZERO SHIPPING—AND WHAT’S HOLDING IT BACK
28 OCT 2024 A recent survey conducted by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has revealed widespread acceptance of ammonia as a marine fuel, albeit with important caveats. The shift comes as the industry grapples with ambitious decarbonization goals set by the International Maritime Organization (IMO). …
Read More »MEN AND WOMEN MAY NEED DIFFERENT BREAKFASTS FOR WEIGHT LOSS
27 OCT 2024 Your breakfast choices could be personalized based on your metabolism – if you’re trying to stay trim. A new study suggests that men and women process and store energy from foods in different ways, which can then affect weight loss. The research by two biologists at the …
Read More »INSIDE THE SHADOWY INSURANCE MARKET COVERING RUSSIA’S OIL TANKERS
26 0CT 2024 One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s petroleum against the risk of a catastrophic oil spill. The answer is that while some are still covered by the western businesses they’ve always used, owners are …
Read More »