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Dry Bulk Market Could end 2020 on a High, but the Start of 2021 Should be Challenging. Known assumptions could be a…
Yesterday at the Colombo High Court, the Greek master of the heavily burned New Diamond VLCC had been fined 65,000$. The captain…
AP Moller-Maersk A/S is undertaking a shake-up that could cut scores of jobs as the Danish shipping giant moves to control costs…
British armed forces forcibly boarded and regained control of an oil tanker Nave Andromeda in the English Channel on Sunday evening following…
Iranian container ship fire off Syria, wild speculations around⚠️⚠️⚠️ Iranian container ship SHAHR E KORD is reportedly on fire off Latakia, Syria, since either late Mar 10 or early Mar 11. The ship arrived at Latakia Anchorage from Bandar Abbas via Suez Canal, fire understood to erupt on cargo deck in containers.…
Τώρα Κέρκυρα MSC LIRICA www.shipdiary.com…
Iranian container ship fire off Syria, wild speculations around⚠️⚠️⚠️ Iranian container ship SHAHR E KORD is reportedly on fire off Latakia, Syria, since either late Mar 10 or early Mar 11. The…
A subsidiary of the STO group, the Maldives Industrial Fisheries Company – MIFCO, is about to begin a new carrier service between Thailand and the Maldives. Established: 1993 www.mifco.com.mv The company founded…
For at least three decades, the container shipping industry has been locked in a recurring boom-and-bust loop. During times of strong macroeconomic growth, shipping rates would soar and container ship operators would…
With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the…
Τώρα Κέρκυρα MSC LIRICA www.shipdiary.com…
MoreIranian container ship fire off Syria, wild speculations around⚠️⚠️⚠️ Iranian container ship SHAHR E KORD is reportedly on fire off Latakia, Syria, since either late Mar 10 or early Mar 11. The ship arrived at Latakia Anchorage from Bandar Abbas via Suez Canal, fire understood to erupt on cargo deck in containers. Some photos circulating…
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A subsidiary of the STO group, the Maldives Industrial Fisheries Company – MIFCO, is about to begin a new carrier service between Thailand and the Maldives. Established: 1993 www.mifco.com.mv The company founded in 1993 has obtained a budget for two ships from Thailand to be delivered. In March the first ship will be docked and…
MoreFor at least three decades, the container shipping industry has been locked in a recurring boom-and-bust loop. During times of strong macroeconomic growth, shipping rates would soar and container ship operators would reinvest their profits in new, ever-larger vessels. Then the economy would slide into a downturn, demand would plunge, rates would tumble, and operators…
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With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the main beneficiaries. In its latest weekly report, shipbroker Intermodal said that “following the recent rally to multi-year highs of metal-based commodities, amid an…
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The shipping industry is lagging behind other industrial sectors in the all-important field of cybersecurity. Ben Densham, Chief Technology Officer of Nettitude, the cybersecurity services provider of Lloyd’s Register, warns of a rising incidence of attacks, with ransomware and targeted cyber assaults both becoming more common. “As the pace of shipping’s digital transformation accelerates, the…
MoreThis year, tanker shipping will not benefit from the usual strong winter seasonal effect. Though the new lockdowns being introduced in many countries are less strict than in the spring, the effect on tanker shipping will be worse, given the oil supply glut of Q2. The news of an effective vaccine offers some hope of…
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Why container lines might not want a return to business as normal? Will carriers fold a winning hand? The heart-lifting scientific breakthrough for a potential COVID-19 vaccine is now diverting the world’s attention to the logistics of how will it all be moved when it becomes available. What will the wider media and general population…
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Database of national labour, social security and related human rights legislation – Maritime Zones of Maldives Act Name: Maritime Zones of Maldives Act, 1996 (Act No. 6/96). Country: Maldives Subject(s): Seafarers Type of legislation: Law, Act Adopted on: 1996 Entry into force: ISN: MDV-1996-L-85776 Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=85776&p_lang=en Bibliography: Unofficial English translation Blue Peace Environmental NGO, Maldives PDF (DOC.NORMES) (consulted on…
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I believe in rule Safety First and that seafarers are key workers. If you are the kind of person who wants to have an impact on safety and care about people and their wellbeing then now you have a chance to commit. I am very passionate about safety and thanks to my experience onboard I…
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