Grappling with the shortage of seafarers
The shortage of seafarers, in particular qualified senior officers, was an issue that came up repeatedly at Crew Connect Global in Manila. While some believe the industry faces an acute…
World’s largest LNG plant to be built at Amsterdam Port
Image courtesy: Titan-cleanfuels Dutch Fuel Supplier "Titan" intends to make the world’s largest bio LNG liquefaction plant near its berth in the Port of Amsterdam. When completed, the facility will…
Container freight rates moving to ‘manageable levels’-DHL
Photo: Port of Los Angeles night-shift. DHL Global Forwarding says ocean container freight rates are “moving towards manageable levels”. The latest DHL Ocean Freight Market Update noted a muted peak…
EU targets Russian oil transport, Russia class in latest sanctions
European Union Europa Building. Maritime transport of Russian oil and the Russian Maritime Register of Shipping has been included in the latest EU sanctions package against Russia. The latest escalation…
IAPH report identifies gaps in global port infrastructure
Lead Transport Economist at the World Bank, Dr. Martin Humphreys Following nine months of interaction with its members and stakeholders in the wider global maritime logistics chain, the International Association…
EU may exempt marine pilotage services from Russian oil ban
As the European Union EU gears up for a ban on Russian oil imports beginning this December, a proposal has been made to exempt maritime pilot services to ensure safety.…
IMO to amend SOLAS requiring reporting containers lost at sea
An average of over 3,000 containers were lost at sea in 2020 and 2021 (IMO photo) The Maritime Safety Committee of the International Maritime Organisation has moved a step closer…
Oil prices fall for a second day on concerns for expected recession
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging…
Explosion on board kills Captain
OCEAN HARMONY Explosion occurred on board of general cargo ship OCEAN HARMONY, berthed at Pier 1, Incheon Inner Harbor, at around 2240 Seoul time September 23. The explosion led to…
International Marine Insurers report rising cargo premiums
The International Union of Marine Insurance IUMI reports an increase in the 2021 cargo insurance premium base (from 2020) of eight per cent to USD billion alongside an improvement in…
