BIMCO notes stunning comeback to Q2 agricultural exports nearly triple freight ratesAs agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates.
A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks in the Gulf of Guinea.The three men fined by the court in Port Harcourt, Nigeria's oil hub, on Tuesday were among nine accused of hijacking the tanker MV Elobey VI off Equatorial Guinea in March and securing a $200
Crew kidnappings and violent attacks on vessels in the oil-rich West Africa region have soared in 2020, with 77 seafarers taken hostage or kidnapped for ransom since January, according to the ICC International Maritime Bureau’s (IMB) latest piracy report.The Gulf of Guinea off West Africa is increasingly dangerous for commercial shipping
The first group of Ruby Princess crew members has debarked the coronavirus-hit cruise ship in Sydney, Australia and began the process of repatriation to their home countries Tuesday, authorities said.At least 49 crew members from six countries disembarked the Carnival Corp owned cruise ship on Tuesday, and a further 115 crew members from nine countries disembarked on Wednesday.
Conrad Shipyard said it delivered the 6,000-horsepower towboat, H. Merritt ‘Heavy’ Lane, Jr., to Canal Barge Company, Inc. (CBC). Built at Conrad Amelia, the Subchapter M-compliant vessel measures 166 feet by 49 by 12 and is powered by EPA Tier IV-compliant Electro-Motive Diesel (EMD) engines.The H. Merritt ‘Heavy’ Lane, Jr.
Greece plans to sell majority stakes in four ports as part of a privatization plan agreed with its lenders after the country exited the bailouts in 2018, a document of its privatization agency (HRADF) showed on Tuesday.HRADF will sell majority stakes in the share capital of Alexandroupolis, Igoumenitsa, Heraklion and Volos ports
Four of Carnival Corp’s cruise lines said on Monday they would extend the suspension of all voyages by a month to May due to the coronavirus crisis that has worsened over the past few weeks.The brands - Holland America Line, Carnival and luxury cruise ship operators Seabourn and Cunard - together operate 49 ships.
The world has radically changed since towboat captain Terry Hall boarded his vessel late last month in Wood River, Illinois, for his four-week shift hauling bargeloads of crude oil, chemicals, scrap metal and other goods up and down the Mississippi River.His employer, Canal Barge Co
It takes a thick skin to live in New York City, let alone to run its Staten Island Ferry service. James C. DeSimone, Deputy Commissioner, Ferry Division, New York City Department of Transportation, has been charged with running the ferry service for the last 16 years. We met with him for his insights on the challenges of keeping the iconic ferry running safely and efficiently.
Deficiencies in the cargo stowage arrangement ultimately caused the YM Efficiency to lose 81 containers while sailing in heavy seas off Australia in June 2018, the Australian Transport Safety Bureau's (ATSB) investigation revealed.The Liberian-flagged vessel was en route from Taiwan to Sydney when it suddenly rolled heavily in strong gale force winds and rough seas
Responders have called off a search for two fisherman missing following a fatal ship collision near Galveston, Texas, the U.S. Coast Guard said on Thursday.One crew member has been rescued, one is deceased and two remain missing at the conclusion of a three-day search involving the Coast Guard and local responders that covered more than 49 square miles by aerial flights
Bourbon said a mission has been launched to rescue 14 crew from one of its vessels taking on water in heavy seas near a category 4 hurricane in the Atlantic Ocean.The French offshore vessels owner said water is entering the stern of the 49.5-meter tug supply vessel Bourbon Rhode, about 60 nautical miles south-southeast from the eye of hurricane Lorenzo.