World Shipping Council Slams ITF’s Merk for Flawed Report
While European Commission is to announce whether or not it will extend the BER later this year having combed through many submissions from across...
Mærsk Vice CEO Steps Down! Energy Division To Close Down
In a major development, Maersk has announced that their Energy Division head and Vice CEO Claus V. Hemmingsen will be stepping done by the end...
Novatek Signs Non-binding Deals for Arctic LNG 2 Project
The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms.
The...
Scorpio Secures $41 Million To Finance Scrubbers
In a recent development, Scorpio Bulkers Inc. has announced that they have reached agreements with certain lenders to increase certain existing credit facilities by...
Weekly Maritime Security Report – Week 12, 2019
Protection Vessel International has released the Maritime Security Report for Week 12 of 2019. The report formulated on 2nd April 2019 highlights the various security...
U.S. Gulf Coast To Become Net Oil Exporting Region
The U.S. Gulf Coast is set to become a net crude oil exporting region for the first time on a quarterly basis.
This...
Wärtsilä To Design Antarctic Eco-Vessel
Wärtsilä is selected to design a multi-purpose transport vessel that will operate in Antarctic waters.
The ship was equipped with a number of integrated propulsion...
Bridge Head, Pilot and Staff Suspects in Navigation Rule Violation
KNM Helge Ingstad frigate and the Sola TS tanker collided north of the Sture terminal in Øygarden.
The police confirmed that the pilot...
Pirate Attack Cargo Ship! 4 Seafarers Kidnapped
According to a World Maritime News article, four crew members have reportedly been kidnapped from a general cargo ship 14nm off Douala, Cameroon.
What happened?
On...
ClassNK Releases Its Cybersecurity Approach
In a major development, the leading classification society ClassNK has released the ClassNK Cyber Security Approach which outlines their basic approach to ensuring onboard...
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APLICATIONS
Egypt’s Fuel Prices Spike Up
The Egyptian government increased fuel prices.
The price increase followed the decisions of the Automatic Pricing Committee for Petroleum Products.
The Egyptian government increased...
