08 NOV 2022 Two years after the bosun aboard an MSC containership was murdered by a fellow seafarer, the AB who committed the crime has been sentenced by a U.S. District Court in California to 20 years in U.S. federal prison. The judge sentencing Michael Dequito Monegro, age 44 and …
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08 NOV 2022 The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday. U.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to …
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07 NOV 2022 A New York-based commercial ship manager has been sentenced to pay a $250,000 fine and serve probation after pleading guilty to using high sulphur fuel in the U.S. Caribbean Emissions Control Area (ECA). The sentencing closes the book on a multi-year investigation that has resulted in fines …
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06 NOV 2022 The idled containership fleet has breached the 1m teu capacity milestone – and is set to jump significantly higher as carriers prepare to temporarily suspend services rather than blank sailings. According to Alphaliner, as of 24 October, the number of inactive containerships either in drydock or seeking …
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05 NOV 2022 BIMCO, which provides most standard ship charter parties or leasing contracts, recently drafted a clause that makes charterers responsible to pay for vessel emissions allowances or credits. The Baltic and International Maritime Council’s “ETS – Emissions Trading Scheme Allowance Clause for Time Charter Parties 2022” also assigns …
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04 NOV 2022 One person is missing from a chemical tanker after allegedly stabbing a fellow crew member during a fight and then jumping overboard, according to French search and rescue officials. The incident took place on Tuesday on the Liberian-flagged as it was underway in the Coral Sea approximately …
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