decided to declare General Average, according to a notice released by Maersks 2M alliance partner Mediterranean Shipping Company (MSC), under which all parties with a financial interest in the voyage are to proportionally share the losses resulting from the
incident. Maersk Line has not yet confirmed when and where the vessel will be berthed and discharged.
debate by saying that IMOs failure so far to handle cyber issues could relegate it to irrelevance. IMO will lose their legitimacy in the medium term, she predicted. It was noted IMO has discussed cyber security in both
the Facilitation and Maritime Safety Committees and issued guidance, while adoptingResolution MSC.428(98) Maritime Cyber Risk Management in Safety Management Systems.
such as asset freezes and diplomatic expulsions. The U.K. will also look at getting natural gas from sources outside Russia. While Europe as a whole gets more than a third of its gas from Russia, that share is lower in
the U.K., which receives the bulk of its fuel from North Sea fields and Norway. Still, Moscow-based Gazprom PJSC was the second-biggest supplier to major industrial consumers in the U.K. last year.
of Grenada announced that the alert level for the submarine volcano Kick em Jenny, located 8 km (5 mi) north of the island of Grenada, has been raised to ORANGE, meaning an eruption could take place within 24 hours. With
the increase in the alert level, ships and other marine operators are asked to observe the exclusion zone of 5 km (3.1 miles) around the summit of the volcano.
cash of approximately $330m and a $50m issuance of Seaspan Series D preferred shares.
second quarter of 2018.
the narrow passage through Meyer Werfts sea lock with less than four feet clearance. The maneuver took about two hours at a speed of 0.2 knots. The precise navigation included a team of experienced Ems River pilots, navigation officers, the yard captain and
the local German waterway authorities.
shipboard merchandise store on the Wonder. From 2015 through 2017, Gomes made $275,000 in charges on a Disney bank account and put the money onto gift cards using the store’s VeriFone payment system, prosecutors said. He used $35,000 of this amount to pay
for a family vacation to Disney World, including $8,700 for lodging and $26,400 for food, beverages, merchandise and entertainment.
its latest weekly report, shipbroker Allied Shipbroking said that the strong flow of activity has continued yet again this past week, with the firm scrap price levels helping entice owners and drive for fairly quick deals. The main bulk of these, has been
tanker vessels which due to Pakistan remaining out of competition, still leaves for a poor price premiums against dry vessels.
complex, repetitive and duplicative reporting requirements not only result in productivity losses for maritime carriers and their customers but also create unnecessary workload and stress for ship crews. A genuine European Single Window is required that
will enable the same data to be submitted in the same way for the same operations and processes in all EU ports.
interest in ownership is purely from a trading asset play perspective and being a shipowner is not part of the commodities traders long term plans. Fiete Kallenberg, head of capes in Asia Pacific at Cargill Ocean Transportation,
speaking at the Maritime CEO Forum held in Singapore earlier this week, told delegates: We are not looking to be a shipowner.
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