Australia bans Marmaras Navigation bulker for failing to pay crew The Australian Maritime Safety Authority (AMSA) today banned the Liberian-flagged bulk carrier Agia Sofia from Australian ports for six months. AMSA inspected the ship at Hay Point in Mackay on Saturday July
Resolve Marine frees ice-bound platform barge off Alaska shoreline When a platform barge used to support gold mining operations grounded in shallow water west of Nome Harbor back in April, Resolve Marine Alaska mobilized teams and resources in response Response teams
ABS and Samsung Heavy move ahead on 3D model based surveys Classification society ABS and shipbuilder Samsung Heavy Industries (SHI) have signed a new joint development program (JDP) agreement to develop 3D model-based surveys. The signing of the new agreement follows development of
Gulf Island orders MacGregor solutions for T-ATS MacGregor, part of Cargotec, has secured an order to provide deck handling solutions for two T-ATS class vessels to be built at Gulf Island Shipyards LLC, a subsidiary of Gulf Island Fabrication
VIDEO: COVID-19, hurricane concerns force pause in Golden Ray removal ops The St. Simons Sound Incident Unified Command working on the salvage of the capsized car carrier Golden Ray announced a pause in removal operations during an online media conference June 24. The
Achim Boehme, chief executive of Lomar Shipping, dies at 56 Banking and maritime veteran led Lomar through expansion and modernisation
Owners rebuke crewing agents and airlines as stranded seafarers rise Significant bottlenecks include airlines' unwillingness to make flights available between shipping destinations, as well as health and immigration authorities who...
Crew change crisis all at sea in search of a global solution A technical manager, arranging for the replacement of a ship's entire crew, describes the 'nightmare' of trying to find a...
Diana eyes further vessel disposals as losses widen Proceeds from the vessel sales would be kept in reserve, used to pare down debt, or buy back shares, company...
DP World expands with majority stake in logistics operator Terminal operator takes next steps in vertical consolidation of supply chain
HPH Trust feels impact of China manufacturing shutdown Pandemic volume slump hits revenues and profits at Pearl River delta terminal operator
Marmaras rejects allegation of 'shameful' crew pay policy The outstanding sum will be paid in cash today, company insists
Shipbreaking case has consequences for liability 'This is a tortious civil case, but this sort of scenario has already been envisaged by the EU, and this...
Daily Briefing Free to read: Cargo owners' muscle needed to get seafarers home | Singapore prioritises certain crew change applications | Corporate...
Westports warns of slow return to global consumption The adverse effects of the global pandemic on employment and income levels will curtail consumption and overall economic recovery, and...
Bumper grain harvest could offer opportunities Stifel analyst Benjamin Nolan believes there is likely to be some strength in rates for the smaller ships from September until...
Blanking sailings boosts OOCL's revenue despite reduced volume While loadable capacity decreased by 6.4%, average revenue per teu increased by 5.9%
First LNG cargo delivered via northern sea route to Japan The cargo delivery, which took place last week, marks another step forward to fulfilling northern sea route's promise to shorten...
Hong Kong halts crew changes for non-cargo operation vessels Retightening of crew change policies comes after mounting public pressure on the government to enhance its border control measures in...
Savannah volume down just 1% and total tonnage a record "Cargo volume reductions related to COVID-19 were offset by the strength of our export markets and record volumes earlier in the year," says GPA Executive...
Robinhood's topsy-turvy Top 10 shipping stocks Robintrack.net data reveals what retail traders are buying and when. The question is: Why?
OOCL second-quarter revenues up, volumes down Orient Overseas Container Line briefly outlines performance for the second quarter and first six months of 2020.
DP World volumes decrease, portfolio increases "This outperformance once again demonstrates that we are in the right locations, and a focus on origin and destination cargo will continue to deliver the...
Career Tracks: Virgin Hyperloop hires CFO Raja Narayanan joins industry disrupter "at this pivotal time where the world is adapting to the new normal."
Maritime History Notes: When US intercoastal lumber trade floated fleets By the start of the 1900s, about 40 U.S.-flag ships were operated by the country's lumber titans, proving to the industry at the time that...
Asia residue fuel market - Key market indicators this week The expectations of fewer August arbitrage cargoes in Singapore as well as supply cuts have led to a slight uptick in Asian low sulfur fuel oil margins, with trading sentiment more bullish from the week prior.
ICE LSGO futures net speculative length reaches 6-month high Speculative net long positions in ICE low sulfur gasoil futures rose 12,540 contracts to 66,280 in the week to July 21, according to ICE data, the highest net length in managed money since January 21.
EC seeks views on updating EU taxes to boost low-carbon fuels, EVs The European Commission is seeking views on how to update the EU's energy taxation rules to align them with the bloc's goal to be carbon-neutral by 2050 and reduce implicit subsidies for fossil fuels.
Panama Canal increases Neopanamax Locks maximum draft to 48 ft The Panama Canal Authority (ACP) has announced an increase of the maximum authorized draft for ships voyaging through the Neopanamax Locks to 48 ft, or 14.63 meters, effective July 25.
OIL FUTURES: Crude rises on weaker US dollar, GOP stimulus plan Crude prices edged higher July 27 as a weakened US dollar offset renewed demand growth concerns.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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