shipping

SEAFARER HAPPINESS CONTINUES TO REBOUND WHILE WELFARE ISSUES PERSIST

01 NOV 2022  Seafarers’ happiness and job satisfaction are continuing to rebound from a record low seen at the beginning of the year as COVID-19 related issues impacting their lives continue to recede. The Mission to Seafarers publishes the findings of its Q3 2022 Seafarers Happiness Index report, undertaken with …

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U.S. CHARGES FORMER HEAVYWEIGHT BOXER FOR SMUGGLING COCAINE WORTH OVER $1 BILLION ON MSC CONTAINERSHIPS

31 OCT 2022 The U.S. Department of Justice has charged a former heavyweight boxer with trafficking over 20 tons of cocaine on containerships linked to the world’s largest container shipping company. An indictment unsealed Monday in federal court in Brooklyn charges Goran Gogic, of Montenegro, with one count of conspiracy …

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SHOULD WE ALTER THE OCEAN TO FIGHT CLIMATE CHANGE?

30 OCT 2022  Heat waves, droughts and extreme weather are endangering people and ecosystems somewhere in the world almost every day. These extremes are exacerbated by climate change, driven primarily by increasing emissions of greenhouse gases that build up in the atmosphere and trap heat at the Earth’s surface. With that in …

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WHEAT PRICES SOAR AS RUSSIA WARNS ON SHIP SAFETY

29 OCT 2022 Wheat prices soared after Russia suspended a deal guaranteeing safe passage of Ukrainian exports, with Moscow warning that shipments become “much riskier” without its participation even as new vessels loaded with crops set sail from Ukraine. The United Nations and Turkey have been scrambling to salvage the agreement after Russia’s weekend …

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SMALLER CONTAINERSHIPS MOST LIKELY TO FACE THE CHOPPING BLOCK

28 OCT 2022 A period of aggressive vessel scrapping will be required to address a looming “severe risk of overcapacity” in container shipping. But the likely demolition candidates are in the smaller sizes, where newbuild orders are sparse, says Alphaliner. The lack of investment in replacing smaller containerships in recent …

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UKRAINE ACCUSES RUSSIA OF BLOCKING FULL GRAIN SHIPPING CAPACITY

26 OCT 2022 Ukraine said seven vessels sailed off from its ports on Sunday carrying grain bound for Asia and Europe, but accused Russia of blocking the full implementation of Black Sea grain deal. “Russia is deliberately blocking the full realization of the Grain Initiative. As a result, these (Ukrainian) …

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UN SEEKS ‘URGENT’ STEPS TO RELIEVE BACKLOG IN BLACK SEA EXPORTS DEAL

24 OCT 2022 A U.N spokesperson said on Monday that “urgent” steps are needed to relieve a backlog of more than 150 ships involved in a deal which allows Ukraine to export grain from ports in the Black Sea. The comments come as Kyiv accused Russia of blocking full implementation of the agreement, which …

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BRIDGING THE SHIP-TO-SHORE GAP WITH SOFTWARE

22 OCT 2022 Bridging the gap between ship and shore requires investment and bigger and better software solutions, says maritime software provider Dualog. The industry is more so than ever being faced with the challenge of bringing the ship and shore closer together, and shipping companies are looking at investing …

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SHIPOWNERS EXPECT CRUDE TANKER RATES TO STAY STRONG DESPITE RUSSIA TURMOIL

20 OCT 2022 By Jonathan Saul Prospects for the crude oil tanker market are expected to stay strong for at least the next year helped by low ship ordering, despite the loss of some trade from Russia due to Western sanctions, leading ship operators say. Russia has increased exports to …

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EU’S SANCTIONS AGAINST RUSSIA RISK ENSNARING MORE OIL TANKERS

18 OCT, 2022 By Alberto Nardelli, Christopher Condon and Alaric Nightingale (Bloomberg) — The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of industry standard insurance, a move that threatens to undermine US efforts to avert an oil supply shock. The …

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