New Carbon Tax System by EU Will Raise Legal Concerns
The EU wants cargo vessels to be part of the bloc’s carbon market, but new fees will amount to a tariff for importers...
Charter Market Sees Massive Growth and Expansion as Hire Rate Peaks
The strength of demand for tonnage from the liners has resulted in daily hire rates of up to $20,000 a day, nearly 200%...
Panama Canal To Tighten Draft Restriction To 50 Feet
CANAL DE PANAMÁ issues a fresh advisory to all shipping agents, owners, and operators.
It is with regard to the increase of the...
No-Anchoring Jurisdiction To Be Enforced In BVI
Plans underway to make BVI a no-anchoring jurisdiction due to the destruction of coral in the ocean.
Options for mega yachts, which cause...
NOAA’s Water Level Data Project To Release In 2025
NOAA, along with other partners, is updating the baselines used to measure water level heights and depths along U.S. coastlines and in the...
CMA CGM Servers Under Cyber Attack!
The CMA CGM Group is currently dealing with a cyber-attack impacting peripheral servers.
External access to applications was interrupted to prevent the malware...
Corroded Crane Floor Leads To Crew Death
The Incident
A container ship was in port to unload. A crew member entered the crane to work and fell from a height of almost...
CMA CGM Sites Down With A Possible ‘Ransomware Attack’
CMA CGM has become the latest global carrier to be hit hard by IT issues.
External access to CMA CGM IT applications are...
Navy Union Associates With UN To Aid Stranded Seafarers
The COVID-19 pandemic has left around four lakh global seafarers, including thousands of Indians, stranded on ships.
At this juncture, India's oldest union...
Scorpio Gets $12.0 Million for Scrubbers
Scorpio Tankers announced a financing facilities update which are expected to increase liquidity by approximately $82.0 Million.
The Company has finalized commitments from...
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