Is the New Panama Canal – a Boon to the Global Energy Trade?
Gloomy shipping market followed by the Brexit concluded last week with a great uncertainty. With this uncertainty, on Sunday 26th June, COSCO shipping Panama, which sailed out from Greece was the first ship to...
The Day Of Seafarer – Wishes from MFAME!
Today June 25th -is the ‘Day of Seafarer’, and the day we want the world to forget about Oil prices, gloomy shipping market and the Brexit of course.
This day is and meant to praise...
Four Arrested for Using a Banned Communication Set on Board a Cargo Ship
The Indian Coast Guard (ICG) has arrested four members of a Panama-based vessel for using a banned communication set that was used by terrorists in the Mumbai terror attack, an official said on Friday.
The...
Four Crewmen Barely Survived With No Electricity and Little Food
On June 22, four Ghanaian seamen have finally been rescued and flew back home after a 66 month ordeal.
They survived without electricity and on little food, water and medicines aboard the ship, Magnum V,...
Taiwan Recoups US $1.22 Million Outstanding Fines From South Korean Shipper
On June 23, Taiwan claimed that it has at last got back US$1.22 million in outstanding fines from auctioning a South Korean chemical tanker in 2011.
A pollution incident caused the Taiwanese authorities to seize...
India a Bright Spot in Dark and Gloomy Dry Bulk Market
With the Brexit - the entire world’s attention is over the Britain and the EU. The industry has stopped worrying about the oil price where the speculators keep pouring in their views and opinions...
Brexit – Brexit – Brexit – It is Brexit Everywhere!
The media is flooded with news and speculations as Britain votes to leave the EU. Here are some important industry updates which we feel are worthy to know on this D-day!
Let us start with...
Fire in Cargo Hold – Vessel Stalled in Colombo
The 5,770 TEU containership is winding up its operations at the Port of Colombo, Sri Lanka. It is to continue its journey very shortly in a couple of days post the fire mishap that...
Bernhard Schulte – Making Waves in the Maritime Industry!
The world is worried about the low oil prices and gloomy shipping market. Many comment that the shipping and the global trade is in a dark phase. Despite the darkness, some industry leaders emerge...
Lord Kitchener’s Watery Grave Revealed as Divers Photograph World War I Shipwreck
Remarkable pictures have emerged of the underwater grave of Lord Kitchener and 736 other men who died when their warship hit a mine 100 years ago this month.
Kitchener, Secretary of State for War and...