02 JAN 2025 By the end of this decade, nations and private companies may well be mining the surface of the Moon. But as space becomes accessible to more nations and corporations, we need to stop and ask ourselves what commercial activities we want to allow, including on the Moon. …
Read More »SHIPOWNER SEEKS RELEASE OF TANKER SEIZED IN FINLAND CABLE PROBE
01 JAN 2025 The owner of an oil tanker by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea last week is seeking the release of the ship, a lawyer representing the company said on Monday. Finnish police and coast guard officials boarded the …
Read More »SUEZ CANAL EXPANDS TWO-WAY TRAFFIC AS PART OF MODERNIZATION EFFORT
31 DEC 2024 The Suez Canal Authority released images of a successful two-way traffic test in the southern part of the seaway. The Canal Authority is continuing to push forward with its efforts to improve navigation in the canal and capacity despite the year-long disruptions due to the Houthi attacks …
Read More »ESTONIAN FLAG OFFERS FAST SERVICE, LOW BUREAUCRACY
30 DEC 2024 In the spring of 2023, a cargo ship that had been sailing under the flag of Gibraltar was re-registered under the Estonian flag in a single day. The ease of the transition was the result of an effort begun in 2020 by the Estonian government. The country …
Read More »SHIFTING CARGOES: THE CONTAINER TRADE ADAPTS TO GEOPOLITICAL CHALLENGES
29 DEC 2024 New York Yankees’ great, Yogi Berra, once said, “You can learn a lot by watching.” And those watching the marine container cargo world have observed a lot in recent months. Security issues in the Red Sea. North American governments hitting China with new trade tariffs. The Panama …
Read More »THESE HABITS CAN KEEP YOUR BRAIN LOOKING YOUNG AT 70
28 DEC 2024 We celebrate getting older on the same day each year, but parts of our bodies can actually age at different speeds. A new study points to some of the lifestyle choices that influence the rate of aging in our brains. Led by researchers from the Karolinska Institute …
Read More »OSLO BULK REFUTES RUSSIA’S CLAIMS IT REFUSED AID TO CREW OF URSA MAJOR
27 DEC 2024 Russian authorities continue to present a wide range of claims associated with the sinking of the cargo ship Ursa Major off Spain at the beginning of the week. After saying that it was an act of terrorism, the shipowner and Russia’s Dmitry Medvedev today extended the accusations …
Read More »BOSPHORUS CLOSED AFTER TANKER PREVIOUSLY DAMAGED BY HOUTHIS BREAKS DOWN
26 DEC 2024 Vessel traffic along the busy sea lane in the Bosphorus was suspended today, December 26, by Turkish officials as they dealt with a disabled tanker. It is the latest in a series of incidents with tankers operating in the Russian oil trade that experienced mechanical problems in …
Read More »TANKER LADEN WITH RUSSIAN OIL COLLIDES WITH CARGO SHIP OFF GREECE
24 DEC 2024 The Greek authorities are confirming reports that a tanker laden with Russian oil collided with a cargo ship this morning, December 24, in the area of the Kafireas Strait, south of Karystos. The circumstances of the incident are unclear at this time, but the reports indicate the …
Read More »INDIA PERMITS CREW TO DEPART AFTER YEAR OF DETENTION IN SMUGGLING CASE
23 DEC 2024 More than a year after Indian officials first detained a Vietnamese-managed bulker on suspicion of cocaine smuggling the crew of the vessel is being released. This came after the crew earlier this month staged a work stoppage to protest their long detention and repeated efforts by the …
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