Pangaea Paid $18.3m for The Japanese-Built Panamax Bulker

Nasdaq-listed bulker owner Pangaea Logistics Solutions has added to its fleet with the acquisition of a Japanese-built panamax bulker, reports splash247. About The Deal Pangaea paid $18.3m for the secondhand ship, which Splash understands is Kurushima Senpaku’s Robin Wind which...

Impacts of Seafarer’s 72 Hours Strike

A 72-hour strike by Greek seafarers February 23-25, had limited impact of ships outside the country but caused considerable disruption to vital sea transportation domestically as ferries remained at berth and congestion in ports...

Maritime Bodies Plans For Road Shows In Promotion Of Indian Seafarers

Leading maritime bodies plan to conduct road shows in Europe to promote Indian seafarers, taking a cue from the Maritime India vision document that was recently released by the Indian government, says an article...

Total CEO Sees Oil Prices at Around $50-60 A Barrel

Total’s chief executive said on Monday it could take two years for the world economy to recover from the coronavirus pandemic and that oil prices were unlikely to remain at the current high of...

Major Drug Transshipment Through The Sea Route Successfully Averted

Fearing of getting apprehended, a Sri Lankan fishing ship dumped the 260 kg of contraband which it was carrying, in the Lakshadweep sea, said the Indian Coast Guard after successfully averting a major drug...

Outgrowing Women Seafarers’ Challenges In A Male Dominated Industry

The word “seafarer” has replaced the word “seaman” in the male-dominated maritime industry, often considered as politically-correct word due to the increasing presence of women in the profession in recent decades, says an article...

Seafarers To Have More Support, Counselling & Internet Access

The Seafarers Welfare Board has been providing counselling, access to books, the internet and toll calls to seafarers for years and a charity providing support services to visiting seafarers will be able to increase...

Supply and Demand Issue, Amidst Rising Container Shipping Prices

Off the coast of Los Angeles, more than two dozen container ships filled with exercise bikes, electronics and other highly sought imports have been idling for two weeks. In Kansas City, farmers are...

CNPC Made New Oil Discovery in Northeastern Upper Nile State

A consortium led by China’s state-run CNPC has made a new oil discovery in South Sudan’s northeastern Upper Nile state with more than 300 million barrels of recoverable oil, the country’s oil minister Awow...

LR Acquired C-MAP Commercial from Navico Group

LR has acquired the C-MAP commercial marine business from Navico Group, reports LR. About The Transaction The transaction for the leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet...