Shipping

  • Flooding Caused by Poor Training, Poor Engineering

    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. 

     

  • Analysts expect Buhari to retain N1.5trn lost...

    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.

  • Regulator Exempts Qatar-Owned Shipping Line From...

    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 Starts New Containership Service Linking Asia...

    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.

  • VLCC markets “keep on rocking”

    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.

  • Drydocks showcases projects at Norway expo

    Dubai-based Drydocks World, a leading global provider of maritime and offshore services, showcased its projects and state-of-the-art infrastructure at the 50th Nor-Shipping Exhibition in Oslo, Norway.

     

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Australia Day Honors: Mark Brimble's Cruise Ship Campaign

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.

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Horizon Trader Beached at Shipbreaking Site in India

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 was beached at a notorious shipbreaking site in Alang, India.

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