Fresh Piracy Attacks in Somalia Coast Invokes Uncertainty for Maritime Trade
A string of fresh piracy attacks off the coast of Somalia spells uncertainty for commodity dealers and consumers in East Africa.
Menace of piracy returns:
The...
Tanker Crew Tied Up and Robbed at Gunpoint
A tanker has reportedly been hijacked around 24nm West of Pulau Jemaja, Indonesia.
What happened?
It is reported that six persons armed with guns boarded a...
79 Deficiencies Lead to Cargo Ship Ban
The Australian Maritime Safety Authority (AMSA) has banned the Papua New Guinea flagged cargo ship Kiunga Chief from entering or using Australian ports for...
$300,000 Fine in Corruption Scandal
Singapore Technologies Marine's (ST Marine) former group financial controller Ong Teck Liam was fined $300,000 on Monday (June 5) for her role in one...
When Will Exxon Be Worthless? Not If
These are dizzying days. Our best advice is to stay woke, and pay attention. As we prepare for a day that will revolve around...
Lighter Vessel Loaded with Cement Clinkers Capsizes in River
A lighter vessel carrying 800 tonnes of cement clinkers capsized in Pashur River along the Sundarbans in Bagerhat.
What happened?
The vessel, MV Sheba, with nine...
[Watch] $40 Million Penalty for Magic Pipe Use
Princess Cruises’ US$40 million penalty for illegally dumping oil waste could lead to fines for other cruise operators – while training is key to...
Is China Really a Threat to Maritime Trade?
Western media commonly claims that more than US$5 trillion in trade passes through the South China Sea annually. This figure appears to originate from...
Shipping Bodies to Form ‘Task Force’ for Seafarers
Representatives of various Indian shipping associations have come forward to form a ‘task force’ to work towards increasing the global share of Indian seafarers,...
Asia Tankers – VLCC Rates to Hold Steady
Freight rates for very large crude carriers (VLCCs) are set to hold around the current levels ahead of a possible bounce later this month...
- Advertisement -
RECOMMENDED VIDEOS
