What has Occurred in Shipping and Logistics in the Past Week
A review of some smaller items regarding freight and logistics this week starts with the news that the International Air Transport Association (IATA) has...
Subsea 7 Subsidiary Adds Vessel in Three-year Agreement
Subsea has added a new vessel to its i-Tech Services, one of its subsidiaries. In an announcement made on 31st May, 2018, Subsea announced...
IMO Approves Joint US-Russia Bering Strait Ship Routes
The International Maritime Organization approves a safe shipping route in Bering Strait.
Coming into effect from December this year, the route is jointly...
Abandon Ship: Oil Tanker Scrappage to Hit Multi-year High as Earnings Sink
More and more oil tanker scrapping has made this year, the year of scrap selling.
It’s the largest scrap selling year the industry...
Whale Dies After Eating More than 17 lbs of Plastic
In an unfortunate turn of events, a whale died after eating more than 17 lbs of plastic in in Southern Thailand.
What happened?
The authorities have...
Samsung Wins $364.8mn Deal for 4 Shuttle Tankers
On June 1, an order worth 92.3 billion won ($364.8 million) has been secured by South Korea’s Samsung Heavy Industries Co. from the Singaporean...
Fujairah Bunker Sales Seen to have Fallen more than 20% in H1
Marine fuel sale in the Port of Fujairah is falling more than 20%, year on year to well under 6.5 million mt to date...
[Watch] WW2 Cargo Shipwreck Found on the Seabed
British cargo ship SS Thistlegorm lies off the coast of Ras Mohammed in Egypt.
When it was bombed by the Nazis in 1941, it was...
Compensation Regime for Hazardous and Noxious Cargoes a Step Closer
On Monday, 23rd April, Canada and Turkey deposited their instruments of ratification to the 2010 Protocol to the International Convention on Liability and Compensation...
Water Levels were Increased to Free Up the Tanker
A tanker ship which was stuck at the Channel was freed on June 3 after it ran aground on the St. Lawrence-Seaway.
What happened?
The tanker...
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