13 AUG 2020 This year, SCF’s LNG carrier Christophe de Margerie completed an early eastbound voyage along the North Sea Route. What is your assessment of this voyage? What difficulties arose during the voyage? Do you plan similar early voyages in the future? In the eastern sector of the NSR, …
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12 AUG 2020 In the latest salvo of the ongoing disputes regarding the shipment of Iranian oil, there are reports that Iranian Naval forces approached several vessels and boarded a Liberian-flagged tanker Wila as it was approaching the Khor Fakkan anchorage in the UAE. The marine security firm Dryad Global reported the …
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10 AUG 2020 Singapore’s OCBC Bank has sought a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries. Xihe Holdings is part of the troubled Singapore-based Lim family business empire, which also includes oil trader Hin Leong Trading and fleet manager Ocean Tankers (Pte) …
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09 AUG 2020 The economic impact of the coronavirus is taking a strong toll on the shipbuilding industry according to a new analysis from BIMCO. While the orderbook is at its lowest point in 17 years, BIMCO however reports that even with increasing demolitions fleet volumes are continuing to rise …
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06 AUG 2020 A series of two massive blasts at the port of Beirut, Lebanon caused extensive damage Tuesday, leveling multiple buildings and damaging vessels. Bystander video shows that the both blasts originated in a warehouse complex on the east side of the port’s large concrete silo, next to Basin Number …
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05 AUG 2020 The International Maritime Organization (IMO) released the long-awaited 575-page final report for its Fourth IMO Greenhouse Gas Study. Coming six years after the third report, the results are viewed as a critical scorecard measuring the success of the shipping industry towards the goals of reducing greenhouse gas …
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04 AUG 2020 Faced with increasing economic pressures, many shipowners are looking at downsizing fleets and disposing of older vessels. The challenge has been to address environmental concerns and increasing restrictions while retiring older or worn-out vessels. While in very different sectors of the shipping business, Carnival Cruise Line and …
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Navtek Naval Technologies has laid the groundwork for the future by designing and building the world’s first all-electric tug, ZEETUG® – short for Zero Emissions Electric tug. It started with two – superficially straightforward – renewal requests: Gisas Shipbuilding asked for harbor tugs that were both “lower emission and smaller size” than …
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02 AUG 2020 On Sunday evening, a river cruise boat sank on Bangkok’s Chao Phraya River. All 60 passengers and 15 crewmembers aboard were safely evacuated to a nearby pier. According to local media, the three-deck dinner cruise boat High Season 1 picked up a company of Chinese and Thai tourists at …
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01 AUG 2020 The heads of the three unions representing Military Sealift Command civilian mariners are calling on MSC to reevaluate the “Gangways-Up” order as concerns mount over the mental health safety of the mariners. In a July 29 letter to Admiral Michael A. Wettlauer, Commander of the Military Sealift Command, the …
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