MSC strongly refutes report it was ‘infiltrated’ by drug smugglers
MSC has strongly rejected a report that it was “infiltrated” by drug smugglers involved in the $1bn cocaine bust on the containership MSC Gayane in Philadelphia port in 2019. In…
Suez Canal Authority inks MoU with Maritime Anti-Corruption Network
From left: CEO of the Maritime Anti-Corruption Network, Cecilia Müller Torbrand and Chairman of the Suez Canal Authority, Admiral Osama Rabie during the MoU signing ceremony. The Suez Canal Authority…
Shipping giant, MSC faces more fallout from cocaine cases
Mediterranean Shipping Co. MSC, the world’s largest ocean carrier, is facing ongoing fallout from multiple drug smuggling cases that occurred over three years ago. Bloomberg Businessweek published an in-depth investigative…
IMO edges forward on ambitious GHG reduction strategy but uncertainty remains as all options still on table
Momentum has built towards an ambitious revision of the Green House Gases GHG reduction strategy as two weeks of the International Maritime Organisation IMO negotiations conclude. The 13th Intersessional Working…
Tanker saves two men, dog from stricken sailboat
The crew of tanker Silver Muna rescued two men and a dog from a sailboat adrift 200 miles off the coast of the US. Fleet Management said its crew onboard…
Ship emissions can be cut 97.5%, by switching to foiling electric vessels, says Swedish study
A study from The Royal Institute of Technology in Stockholm says emissions from ships could be reduced by cent by switching from diesel vessels to a new type of electric…
UN adopts global convention on the sale of ships by courts
The United Nations General Assembly adopted the United Nations Convention on the International Effects of Judicial Sales of Ships on December 7, 2022. The General Assembly authorised a signing ceremony…
Port of Abidjan inaugurates 2.5m TEUs container terminal
Port of Abidjan in Côte d’Ivoire has now a second box terminal which will increase the total container handling capacity of the port from one million Twenty Equivalent Units TEUs…
Price of ship fuel falling even as Russia-Ukraine war rages on
When Russia invaded Ukraine, the price of ship fuel spiked to unprecedented highs. Prices are still high in historical terms, but they’ve now fallen back to pre-war levels. Ship fuel…
Russia assembles over 100 oil tanker- ‘shadow fleet’ as Putin tries to bust western sanctions- Report
Russia has assembled a “shadow fleet” of more than 100 oil tankers in a bid to bust western sanctions imposed following Russian President Vladimir Putin’s invasion of Ukraine, the Financial…
