24 JUN 2019 The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk premiums for a standard oil cargo from the Persian Gulf and the tanker hauling it can now cost upwards …
Read More »SUPREME COURT: NO PUNITIVE DAMAGES FOR SEAFARER INJURY CLAIMS
26 jun 2019 On Monday, the U.S. Supreme Court ruled against a seafarer who sought punitive damages from his employer after a hatch blew open and injured his hand, finding that punitive damages – that is, extra money awarded to the plaintiff as an additional punishment for the defendant – …
Read More »WHY WE WILL NEVER SEE FULLY AUTONOMOUS COMMERCIAL SHIPS
25 jun 2019 The world will never see fully autonomous transoceanic commercial cargo ships. In fact, autonomous vessels are likely to operate in only very limited situations. In recent years, the prospect of fully autonomous vessels has become a hot topic for commercial shipping. The same fast-paced advances in technology …
Read More »WILD CASE STUDY REVEALS 66-YEAR-OLD MAN WITH ALL HIS ORGANS ON THE WRONG SIDE
22 JUN 2019 For the latest tale of the unexpected from medical emergency rooms, we bring you the case of a 66-year-old man who turned up at the hospital complaining of a cough and chest pains. Soon enough, doctors realised the patient’s internal organs were all on the wrong side of his …
Read More »END OF SHIPPING ALLIANCES WOULD SEND FREIGHT RATES SOARING
19 JUN 2019 By Gavin van Marle in Rotterdam (The Loadstar) – Shipper opposition to deepsea liner shipping alliances may be dangerously misplaced, delegates at the TOC Container Supply Chain event in Rotterdam heard yesterday. Lars Jensen, chief executive and partner of SeaIntelligence Consulting, said efforts by some to bar …
Read More »AUTHORITIES FIND 16.5 TONS OF COCAINE ON SHIP AT PORT OF PHILADELPHIA
18 JUN 2019 Federal authorities have seized approximately 16.5 tons of cocaine from a ship at the Port of Philadelphia, the U.S. Attorney’s Office for the Eastern District of Pennsylvania tweeted Tuesday. The drugs were seized on a ship at the Packer Marine Terminal on the Delaware River. The U.S. …
Read More »TECHNOLOGY SHINES LIGHT ON HUMAN RIGHTS ABUSE
14 JUN 2019 Oceana has published an investigative report it says demonstrates the power of technology to shine a light on possible illegal fishing and human rights abuses at sea. Oceana used the Global Fishing Watch mapping platform – a tool that empowers anyone in the world with an internet …
Read More »2019’S TOP 10 WOMEN TO WATCH IN SHIPPING
The top women to watch in shipping 2019. 11 JUN 2019 YoungShip officially announced the 10 Women to Watch 2019 with a formal ceremony at Norshipping. YoungShip believes that for the industry to remain competitive, the shipping industry of the future must have access to a diverse talent pool, with the …
Read More »BIGGER SHIPS MEAN ‘BIGGER RISKS FOR EVERYONE’
The MV Maersk Honam on fire in the Arabian Sea, March 8, 2018. 10 JUN 2019 It seems the ultra-large container vessels (ULCVs) that have become the ‘new normal’ on the Asia-Europe tradelane have not proved as popular as the lines that operate them hoped. Several shippers at Transport Logistic …
Read More »IMO 2020 TO BOOST DIESEL PRICES FOR AT LEAST A YEAR
The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., 09 JUN 2019 By Erwin Seba HOUSTON, June 10 (Reuters) – Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur …
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