04 FEB 2022 Genting Hong Kong filed today for the provisional liquidation on the company after reporting that it had exhausted its negotiations and had no further access to liquidity. The company reported that it expects its cash balances to “run out” by the end of January and that it …
Read More »EU RENEWS ITS COMMITMENT TO ANTI-PIRACY PATROLS IN GULF OF GUINEA
03 FEB 2022 The European Union (EU) intends to carry on with the deployment of its member states’ warships in the Gulf of Guinea to stem the recurring menace of piracy. After a review of the Coordinated Maritime Presences (CMP) pilot program in which member states have been deploying warships to …
Read More »DISTRESSED CARGO SHIP REPORTS BEING “HARASSED” BY UNKNOWN VESSEL
02 FEB 2022 Swedish and Danish forces responded to a distress call on Thursday evening from a Norwegian coastal vessel that was in danger of sinking. They conducted a difficult nighttime rescue airlifting the crew to safety and while the investigation is ongoing, some sources are reporting that the crew …
Read More »ANTARCTIC ‘MEGABERG’ RELEASED 152 BILLION TONS OF FRESHWATER JUST BEFORE MELTING
01 FEB 2022 Scientists have been keeping a close eye on the ‘megaberg’ designated as A68a since it split off from Antarctica back in July 2017 – and new research highlights just how much freshwater it’s released into the ocean during its late melting process. Satellite monitoring systems indicate that for three …
Read More »SALVAGE OF WAKASHIO WRECK COMPLETED
31 JAN 2022 Eighteen months after the Japanese-owned bulker “Wakashio” went ashore on the reef at Mauritius, the salvage team completed its work last weekend. According to reports from the site, all the debris has now been collected and moved to shore for recycling. The effort to remove the stern section of …
Read More »SINGAPORE STRAIT REMAINS A HOTSPOT FOR MARITIME ARMED ROBBERY
30 JAN 2022 The Singapore Strait remains as the most dangerous route for commercial shipping in Asia after 41 incidents of armed robberies were reported against ships last year, up from 34 in 2020. The ReCAAP Information Sharing Centre based in Singapore shows that despite a decline in maritime piracy …
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