Panama began the process to revoke the registration of the Aquarius ship, which rescues and transports immigrants and refugees in the Mediterranean who aspire to reach Europe.
When the ship docks in the next port, it will have to withdraw the flag of Panama under which it sails and it will not be able to return to the sea without a new one, calling into question the future of its operations.
The Aquarius is the last private rescue boat that operates in waters used by migrants to cross the...
A new 40m catamaran passenger ferry, Jiang Men, has been launched by shipbuilder Wang Tak in Hong Kong.The Incat Crowther designed Jiang Men is the third in a series that started with 2016’s Shi Zi Yang 7. Incat Crowther said it has continued to improve the design…
https://www.marinelink.com/news/wang-tak-launches-catamaran-passenger-441853
For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U.S. Gulf of Mexico.
https://www.marinelink.com/news/smarter-energy-policy-broaden-offshore-441854
SEPTEMBER 25, 2018 — Hong Kong’s Wang Tak Engineering and Shipbuilding Company has launched the 40 m catamaran passenger ferry Jiang Men.
Operated by Chu Kong Shipping Enterprises, the vessel is the third in a series of Incat Crowther designed ferries that started with the Shi Zi Yang 7, delivered in 2016. In China’s competitive Pearl River Delta marketplace, Incat Crowther has continued to improve the design, realizing an 8% improvement in fuel burn.
Engineered for robust structure and...
Remarks come after Maersk and CMA CGM unveiled plans to adjust bunker surcharges this month
Saudi’s Aramco Trading Company (ATC) expects to increase its oil trading volume to 6 million barrels per day (bpd) in 2020, 50 percent higher than current levels, the company’s top official said. “Currently … we’re at 4 million barrels per day and with expansion I think our target is 6 million...
Eleven years ago, on Monday Sept. 24, 2007, the price of Brent crude closed just below $79 per barrel, not far from where it is today. Three days later, Brent closed above $80 for the first time in history. Less than 10 months after that, prices closed at an all-time high of $146. Past prices …
https://www.hellenicshippingnews.com/oil-market-hears-echoes-of-2007-8-kemp/
Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as OPEC and its allies struggle to compensate for U.S. sanctions on Iran’s exports. With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President...
https://www.hellenicshippingnews.com/major-traders-are-talking-about-100-oil-again/
Kuehne + Nagel, one of the world’s leading logistics companies, was included into the SIX Switzerland Sustainability 25 Index, the most important sustainability index in Switzerland. It lists those 25 stocks of the SMI Expanded Index with the best sustainability scores....
http://container-news.com/kuehne-nagel-recognition-sustanability/
Το πλοίο «Alexander Maersk», χωρητικότητας 1.098 TEUs, της Maersk Line τέθηκε υπό κράτηση από τις λιμενικές αρχές της Τυνησίας λόγω διαφόρων αξιώσεων αναφορικά με ένα άλλο πλοίο της εταιρείας, το «Maersk Honam», το οποίο υπέστη εκτεταμένες καταστροφές λόγω πυρκαγιάς που ξέσπασε σε ένα από τα αμπάρια του τον περασμένο Μάρτιο.
Το περιστατικό συνέβη στο «Maersk Honam», ενώ εκείνο βρισκόταν στην Αραβική Θάλασσα και κατευθυνόταν από την Σιγκαπούρη προς τη Διώρυγα του Σουέζ, οδηγώντας στην απώλεια...
https://www.naftikachronika.gr/2018/09/25/ypo-kratisi-ploio-tis-maersk-line/