shipping

30 SEPT 2021 Today 30th, and every year last Thursday of September, is World Maritime Day, a United Nation’s day of observance to recognize the maritime industry’s contribution to the global economy. You probably don’t care, but you should. Especially this year. As the old saying goes, approximately 90% of global …

29 SEPT 2021  Across all segments of the shipping industry, one thing that everyone agrees on is that there is no quick solution to the supply chain disruptions and challenges that have been experienced in 2021. The major carriers, as well as the ports, are warning that the surge is …

Long overlooked, these rainforests of the sea are now being increasingly recognized for the many ecosystem services they provide 28 SEPT 2021 When we think of forests, we mostly think of tree-filled landscapes. But the ocean also holds emerald stands of trees so vast, they line one-quarter of our coastlines. …

27 SEPT 2021  The Indonesian Marine Police have boarded the tanker Strovolos and arrested the crew in connection with a dispute over Cambodian oil, according to operator World Tankers Management. The Strovolos was first detained in July at a position off Sumatra. She had anchored without prior authorization (a potentially illegal act in Indonesian …

26 SEPT 2021  In 1677, the Thai monarch Narai the Great had a dream. He sent an engineer south to investigate the possibility of excavating a vast waterway through the narrowest part of the Malay Peninsula, known as the Kra Isthmus, with the hope of opening a direct trade route between Siam …

25 SEPT 2021 Over 35 countries, including the world’s largest carbon emitters, are falling short of their commitments to curb climate change, according to a bleak new analysis – with the exception of one lone African nation. The report found few countries are on track to cut carbon emissions and limit …

24 SEPT 2021  Last week, NGO Shipbreaking Platform warned of the need for enhanced safety measures in the ship recycling industry due to rising numbers of fatal accidents and injuries. With seven workers dying while dismantling vessels in Bangladesh and Turkey in less than two months, the industry must prioritize …

23 SEPT 2021 It is infinitely beautiful below the ocean’s surface. So beautiful that every year some divers are tempted to go a little too deep and stay there a little too long. Decompression sickness (DCS) has been a known condition for more than a century. The disease – sometimes referred …

22 SEPT 2021 Ship owners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders. Industry players looking to buy new vessels at current prices will likely find themselves “overextended,” according to Arjun Batra, group …

21 SEPT 2021  In time charterparties, shipowners will warrant the capabilities of the vessel, including its speed and fuel consumption. It is quite common for the charterparties to have a “vessel description” clause that will set out the speed-consumption warranty. In the case of charterparties in NYPE 1946 form, the …