Carnival Puts Your Favourite ‘Holiday Cruises’ To Auction

A former Carnival cruise ship, the Holiday, along with 4 other ships have been put up for auction after Cruise & Maritime Voyages went out of business. The other cruises up for auction...

Wärtsilä Delivers LNG Tanks for Cargo Handling System

Wärtsilä Gas Solutions took delivery of four LNG cargo tanks from the company’s supplier in China. The successful completion of this delivery will allow the installation of a complete cargo handling system to...

Pirates Abduct Crew from Ship

Pirates attacked a ship off the coast of Nigeria and kidnapped two employees, its Dutch operators said. The Water Phoenix is a part of the Groningen Seatrade fleet and the company told the...

Maersk Asia-Europe AE19 Ocean-Rail Service Becomes Permanent

Just over a year after its launch in August 2019, Maersk’s AE19 ocean-rail product from Asia to Europe becomes a permanent weekly service responding to increased customer demand, says a press release published on...

[FAQ] Checkpoints To Tackle Physical Cargo Damage

Cargo damages are important issues that affect shipowners. Keeping that in mind the UK P&I Club has formulated a guideline to handle such cargo damage claims. Let's take a look at them. Controls Weather routeing Does vessel...

Panama Stopping Extensions of Seafarers Employment Agreement

According to a BIMCO report, the Panama Maritime Authority (PMA) will continue to extend the Seafarer's Employment Agreement (SEA) until 14 September 2020. Thereafter, the provisions of the Maritime Labour Convention, 2006 (MLC,2006) as incorporated...

COVID19 Vaccine Developers Preparing ‘Vaccine Safety’ Pledge

According to an article published in the Wall Street Journal, several COVID-19 vaccine developers, including Pfizer, Johnson & Johnson and Moderna, plan to issue a public pledge not to seek government approval until their...

Spot Rates Hit New High In The European Region

Spot rates to the west coast jumped to a record $3,758 per 40ft, 129% higher than at the beginning of the year. Spot rates to the east coast ports increased to the market...

Key Indicators In The Asian Residue Fuel Market

Medium sulfur fuel oil has become a viable option as a blending component in the high sulfur fuel oil pool, reports S&P Global Platts. This is amid the decline in the Singapore 10 ppm gasoil...

Panama Canal Invites Proposals for New Water Management System

Panama Canal seeks a portfolio of water management solutions to improve the quantity, quality and control of its water supply. The company plans to shortlist the most-qualified firms by the end of year,...