Another mega-ship – said to be the world’s most environmentally friendly ultra large container vessel – has made its maiden call at Britain’s biggest container port.
The U.K. Marine Accident Investigation Branch (MAIB) has released its investigation into the flooding and abandonment of the general cargo ship Sea Breeze citing lack of training and a poor standard of engineering on the vessel.
Worried by the continuous domination of the Nigerian generated seaborne trade by foreign vessel owners, which results to huge capital flight estimated at N1.5 trillion annually, maritime industry analysts are pushing for favourable policy direction from the Muhammadu Buhari-led administration that would help in growing local participation in the nation’s shipping business.
The Federal Maritime Commission granted an exemption to the Qatar-controlled United Arab Shipping Co. from the regulator’s close oversight of the freight pricing of state-owned shipping companies after the company challenged the policy.
NYK will team with five other shipping companies — i.e., CMA-CGM, Hamburg Süd, Hapag-Lloyd, China Shipping Container Lines, and United Arab Shipping Company — to start new service in July 2015 linking Asia and the east coast of South America by two loops.
Etihad Airways has teamed up with Geneva-based MSC Cruises to boost cruise tourism through the capital.
Saudi Arabia is reportedly in talks with Indian oil buyers to begin shipping crude exclusively on the Middle East supplier’s own VLCCs in an effort to cut the cost of cargoes.
VLCC tanker rates in the benchmark Middle East and West Africa markets kept on rising of the course of the past week, “as charterers in the Middle East moved concertedly into the July program while demand in the West Africa market (and thus draws on Middle East positions) strengthened.
Mark Brimble, ex-husband of Dianne Brimble, who died on the P&O cruise ship Pacific Sky in 2002, has been awarded the Medal of the Order of Australia as part of the nation’s Australia Day celebrations, January 26. Mr Brimble received the award for service to the community through the promotion of safety for cruise line passengers.
The Horizon Trader, a 42 year-old US flagged container ship that was acquired by New York-listed shipping company Matson when they purchased Horizon Lines in 2014 wasÂ beached at a notorious shipbreaking site in Alang, India.