Yearly Archives: 2021
2020 Profits Doubled For A.P. Møller – Mærsk
A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions,...
Are Female Seafarers Given Equal On Board Opportunities?
A persistence in tradition and several anachronistic social structure models seem to be holding the shipping industry away from being more inclusive and diversified...
P&I Clubs Taking Tough Line In Renewal
According to an article published in Lloyd's List, most International Group affiliates are currently seeking higher insurance premium in the order of 5-10%.
P&I Clubs
P&I...
GEODIS Charters Boxships To Ease Ultra-tight Sea Freight Market
GEODIS, a leading global supply chain operator, provides its customers with guaranteed space in an ultra-tight sea freight market from China to Europe.
Vessel schedules
Arrive...
Chevron Oil Spill Leaks 600 Gallons of Oil Into SF Bay
Chevron Corporation refinery spill that leaked about 600 gallons of petroleum and water into the San Francisco Bay on Tuesday is being investigated by...
The FMC Forewarns US Companies Of Penalties On Breaking Supply-Chain Rules
Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key maritime regulator in Washington who is pushing...
Sea Oil Petroleum Acquires Pro Fuels AS’s Trading Business
Bangkok-based Sea Oil Public Company Limited’s Singapore subsidiary, Sea Oil Petroleum Pte Ltd, acquires Pro Fuels AS’s trading business and operations.
As part...
UK Cancels 2021 Vacations, 10years Prison for Hiding Travel History
Britain is barring vacations outside the home and even within the country.
Even staycations are banned.
People need to inform if they visit...
HMM Makes Profit Despite U.S.-China Conflict and Covid-19
HMM swung to net profit last year on increased shipping price.
HMM, Korea’s largest and the world’s eighth-largest shipper, reported 6.41 trillion won...
Young Seafarer Takes His Own Life Onboard An Asphalt Tanker
With express permission, it is with great sadness that Tanker Operator reports the tragic and premature death of a young seafarer onboard the MT...