21 NOV 2021 Iranian officials confirmed reports that the Vietnamese tanker Sothys that they had been detaining was released. Associated Press first reported that the tanker’s AIS data was showing it underway departing from the Iranian southern port of Bandar Abbas on November 9. TankerTrackers is reporting that the vessel appeared to …
Read More »SHELL DROPS “ROYAL DUTCH” FROM ITS NAME AND MOVES TO BRITAIN
18 NOV 2021 Oil supermajor Shell has decided to move its headquarters from the Netherlands to the UK, ending its dual-listing structure and removing “Royal Dutch” from its full name. The move has significant tax advantages for Shell, Europe’s largest energy company. By relocating its tax residence to the United …
Read More »TOP TAKEAWAYS FROM THE COP26 CLIMATE SUMMIT
17 NOV 2021 The staff of The Conversation asked experts from around the world for their reaction to the outcomes of this year’s UN climate summit, COP26, including the Glasgow Climate Pact agreed by all 197 countries attending the talks. Here’s what they had to say about the deals that …
Read More »RECORD NUMBER OF CRUISE SHIPS SCRAPPED AT ALANG IN THE PAST 12 MONTHS
16 NOV 2021 The demolition yards at Alang, India received a record number of cruise and passenger ships in the past 12 months. While none of the major cruise brands have sent one of their ships directly to the ship breaking operations in India, several notable ships have arrived since …
Read More »JUMBO: HEAVY-LIFT KING
20 NOV 2021 With a new CEO and a landmark alliance with long-time rival SAL, Jumbo is well-positioned for a future full of opportunity. Want to install an offshore facility in deep water? How about shipping three fully assembled, 137m high cranes from China to Italy, or installing a new …
Read More »SATCOM MEGA-MERGER: VIASAT BUYS INMARSAT FOR $7.3 BILLION
19 NOV 2021 American communications company Viasat has purchased the longest-running satcom company in the maritime industry, Inmarsat, for a total value of about $7.3 billion in cash, stock and debt. Viasat intends to integrate Inmarsat’s radio frequency spectrum, satellite fleet and ground-based assets into its global network. The combination …
Read More »ITF SAYS MERCHANT MARINE ACADEMY SEXUAL ASSAULT CASE SHOWS URGENT NEED TO MAKE MARITIME SAFE FOR WOMEN
18 NOV 2021 The International Transport Workers’ Federation (ITF) says the recent report of sexual assault by a U.S. Merchant Marine Academy cadet during her at sea training brings shame on the shipping industry and underlines the urgent need for action to eliminate violence in the workplace. The case, which …
Read More »MIDSHIPMAN X IS NOT ALONE
17 NOV 2021 I don’t know Midshipman X, but I am floored by the courage it took for her to come forward, tell her story, and seek justice. Too few of us come forward. I was one who didn’t. Saying publicly that you were raped, assaulted, or harassed is fraught …
Read More »USMMA “PAUSES” SEA YEAR PROGRAM AFTER SEXUAL ASSAULT ALLEGATIONS
17 NOV 2021 In a letter released Tuesday evening, the U.S. Department of Transportation announced that it has decided to pause the next cycle of the U.S. Merchant Marine Academy’s iconic Sea Year program, citing an ongoing sexual assault and sexual harassment scandal. Sea Year provides the academy’s students with …
Read More »COUNTRIES LAUNCH PLAN FOR NET-ZERO SHIPPING LANES AT COP26
16 NOV 2021 A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonisation of the global maritime industry, officials involved said. Shipping, which transports about 90% of world trade, accounts for nearly 3% of …
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