[Watch] Biggest Ever Drug Seizure Worth £184m
Around 2.3 tonnes of cocaine worth £184m has been found hidden in a shipment of bananas from Colombia, reports BBC.
Cocaine removed
Consignment of bananas that arrived in the UK from Colombia contained Cocaine weighing 2,300kg....
Shipping Magnet Arrested, Seafarers On Hunger Strike
Turkish police arrested shipping magnate Mübariz Mansimov Gurbanoğlu at his Istanbul home one Sunday last March.
His legal woes set off a chain of events that have decimated Palmali Shipping, his once-flourishing maritime...
Top Marine Fuel Supplier Takes An Oil Products Tanker
Marine fuel supplier Red Sea Bunkering has taken on an oil products tanker as floating storage to boost marine fuel supply in Djibouti.
The company has acquired an 80,000 DWT product tanker to act as floating storage offshore...
EuroDry Ltd Announces Year and Quarterly Reports
EuroDry Ltd. reports results for the year and quarter ended December 31, 2020.
The operator of drybulk vessels announced today its results for the three- and twelve-month periods.
In January 2021, the Company...
Billion Dollars of Unpaid Loans in Shipping Sector
German shipping investment that once helped shape the world’s maritime operations is in retreat.
Years of steep losses lead to many of the country’s biggest banks to abandon ship financing altogether.
The number...
The Ship-Wreck Letters Pieced Together Shows A Tragically Beautiful Journey Through History
The fragments of a 1941 love letter to a woman named Iris, found nearly three miles under the ocean in a shipwreck, have been painstakingly pieced together by experts, 80 years after it was...
Higher Oil Prices Leading To Bunker Quality Problems
Brokerage NSI has responded to KPI OceanConnect's warning of higher oil prices leading to bunker quality problems this year, saying low margins are more likely to be the culprit, reports Ship & Bunker.
KPI OceanConnect...
Youngest Lady Rower Crosses Atlantic Ocean Solo
A 21-year-old swimming teacher, Jasmine Harrison has become the youngest woman to row solo across the Atlantic Ocean, says an article published in BBC.
A 3000-mile JourneyJasmine Harrison, from Thirsk in North Yorkshire, set off...
Samsung Heavy Extends Winning Streak To Book on LNG Power
South Korea’s Samsung Heavy Industries Co. extends winning streak in the order book on LNG power, landing near $1 billion deals on vessels running low-carbon gas fuel, says an article published in pulse news.
About...
The First Large-Ship Cruise’s New Vaccine Requirement
When luxury cruise line Crystal Cruises resumes operations on its river and ocean sailings later this year, all of its passengers will be required to be fully vaccinated against Covid-19 at least two weeks...