Cargo Vessels De-listed from Ship Registries
Maritime officials have confirmed that two countries have delisted cargo vessels off their registries in recent weeks after the ships were involved in transporting grains from Crimea to Syria.
What happened?
The country Crimea has been...
Bulker Banned for Underpaying Crew
On July 11, the Australian authorities has banned a Shipping bulker for 12 months for deliberately underpaying the crew.
What happened?
On 7 July, the vessel ‘Shandong Hai Wang’ was enroute to Gladstone when it was...
Fine and Jail for Tanker Pollution
On July 12, a Singaporean shipping company was fined $1 million fine and serve a two-year probation period for charges on oil tank pollution.
What happened?
The Singaporean shipping company ‘Hai Soon Ship Management’ was ordered to...
So You Want to be a Cruise Ship Musician, do You?
by Bill King
For those wondering what it likes to be a musician on a cruise ship, FYIMusic News has insights on this. This article sums up how it feels to be trapped on a big...
Just-In-Time – Part of the Solution to Cut Ship Emissions?
Ships remain anchored for many hours or days near the harbours until it gets a berth. But, this lead to fuel being used thereby making a significant impact on port air quality. Indeed, the...
2020 Sulfur Cap – Panic and Shock Ahead?
Over 90% of global trade is carried out by sea. This includes the world's energy, raw materials and manufactured products. The current situation is full of chaos, panic, shock, and confusion due to the...
Higher Container Equipment Prices to Squeeze Leasing Rate Returns
Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery. Although prospects for the coming years are almost as good, with container production expected to exceed 3.5 million teu from...
DryShips Inc. Announces Fleet Update
NASDAQ released a press release from DryShips Inc., a diversified owner and operator of ocean going cargo vessels, on wednesday. In the press release the company announced the following:
The entry into agreements with...
If You Like a Party, These are the Caribbean Cruises for You
Irrespective of our personality, we can all enjoy a Caribbean cruise. Whether it's Reggae, calypso, salsa, soca – whatever place you like to party, the Caribbean has a beat to match. Throw in a...
French Shipping Giant Ditches Iran
French container transport and shipping company, CMA CGM, has joined Hyundai Merchant Marine, Maersk Line and Mediterranean Shipping in withdrawing its Iranian services in advance of US sanctions being imposed on the country.
Set back...