Oil Tanker Arrested With Diesel Cargo Onboard

The Malaysia Maritime Enforcement Agency (MMEA) on Monday (18 October) said its Kemaman Maritime Zone division arrested a Port Klang registered oil tanker with its cargo of diesel on Saturday (16 October), reports ManifoldTimes. About...

Cargo Ship Detained for Illegal Anchoring

The Malaysia Maritime Enforcement Agency (MMEA) on Friday (15 October) said it had arrested a cargo ship for alleged illegal anchoring at around 10:03 am on Thursday, reports ManifoldTimes. About the arrest  Johor State Maritime Director,...

Klaveness Sells Its 21-years Old CABU Vessel

A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has concluded a sale of the 2001-built CABU vessel, MV Banasol, as a dry bulk vessel, says a press release published on their website. The second hand...

Worst Shipping Crisis! Companies Spend $2m for Single Air Cargo Flight

The Business Insider accounts for the shipping crisis is boosting demand for air cargo, with desperate retailers sending the price of an air freight charter to record levels. Pre-pandemic peak price According to Air Charter...

Asian Stocks Higher As Investors Watch Corporate Earnings

Stocks wobbled to a mixed finish on Wall Street Monday as the market’s momentum slowed down following its best week since July as reported on ABC News. Stocks Fluctuating The muted trading comes ahead of a...

UK’s Deliberation over Covid-19 & Flu

Much confusion has been seen in the UK media about the effects on mortality of flu and covid-19. Gareth Iacobucci separates fact from fiction in The BMJ. Covid or flu which causes more death?  Data from...

IEA Estimates Over $100 Trillion In Clean Energy Investment

Such is the scale of industry disruption from decarbonization that a decarbonization strategy likely is now the best business strategy for shipowners. That was the message for the industry from Christopher J. Wiernicki,...

No Clear Winner In The Marine Fuels Debate

The global maritime industry is intensifying efforts to curb its carbon footprint, but the journey has just begun. Preparations, thus far, have borne some fruit, but challenges lurk, making the energy transition a daunting task. A...

Global Employment Project for Young Korean Seafarers

The strategic collaboration between BSM and KIMFT marks the first step in recognition of the mutual interests in the field of seafarers' entry to the global shipping market. It aims to promote the...

More Number of NVOs Likely In The US Market

Non Vessel Operating Common Carrier (NVOCC or NVO) or sometimes called Box Operators are those carriers who offer port to port services similar to Main Line Operators (MLO). It is by issuing their...