03 APR 2023 The European Commission announced today that it will continue to recognize the training and certification system of the Philippines, confirming the nation’s compliance with the requirements of the STWC Convention. The decision has been met with praise from both the European Community Shipowners’ Associations (ECSA) and the …
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02 APR 2023 The World Bank projects that trade growth is on track to slow over the decade to come as global economic growth slackens. The lasting effects of the COVID-19 pandemic, the Russian invasion of Ukraine and rising interest rates have put the brakes on economic activity, and trade …
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01 APR 2023 The oil tanker Turba normally should have been melted down by now. The 26-year-old vessel hasn’t had a full inspection since 2017, according to a database dedicated to promoting safe shipping. It also lacks industry standard insurance and sails under the flag of country with a poor …
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31 MAR 2023 The United Nations’ International Maritime Organization (IMO) has concluded its latest round of talks ahead this summer’s critical Marine Environment Protection Committee meeting (MEPC 80) which will decide the shipping industry’s strategy to mitigate the sector’s impact on climate change. During the meeting this week of the …
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30 MAR 2023 In a major victory for thousands of seafarers who regularly traverse UK waters, the UK government has passed the Seafarers’ Wages Act, significantly enhancing pay protections and working conditions for those employed in the maritime sector. The new law comes in the aftermath of P&O Ferries’ controversial dismissal of …
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29 MAR 2023 A product tanker caught fire off the coast of Ampenan, Lombok on Sunday, prompting the evacuation of the crew. The 5,000 dwt tanker Kristin reported a fire at about 1500 hours on Sunday afternoon. The vessel is under charter to Pertamina to deliver a cargo of about …
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