In troubling news for the maritime sector, new data from RightShip shows reported rates of seafarer abandonment is on the rise with no signs of slowing down.U.K.-based RightShip, which provides an online safety and environmental risk management system for the global maritime industry, said 9,925 seafarers have been cast adrift over the last 20-years, including 1
A fire at Turkey's Iskenderun port has been extinguished and maritime operations have resumed in the region, Turkey's maritime authority said on Friday, four days after the blaze broke out after following earthquakes that struck the country.More than a thousand containers which had caught on fire are being separated and the rehabilitation of the port will begin swiftly, it said.
Around 600 workers at Liverpool port, one of Britain's busiest ports, will end strike action after agreeing a pay deal with employer Peel Ports, the Unite union said on Thursday.Unite said workers had voted "overwhelmingly in favor" of pay rises worth 14.3%-18.5% negotiated earlier this week, ending a wave of strike action that began on Sept. 19.
Russia ramped up seaborne Urals oil exports to Asia to 50% of the total over the Oct. 1-20 period ahead of a December EU embargo on the state's oil and products, according to traders and Refinitiv Eikon data.EU countries which have been primary consumers of Russian crude oil for decades will stop buying it from Dec. 5 due to the embargo imposed by the bloc.
Over 500 dockworkers at the Port of Liverpool, one of Britain's largest container ports, have launched a two-week strike over pay, the Unite trade union said on Tuesday, adding to a wave of industrial unrest caused by soaring inflation.The Liverpool strike from Sept. 19 to Oct. 3, which was announced earlier this month, will overlap a second walkout by workers at Felixstowe
China's exports rose at the fastest pace in five months in June as factories revved up after the lifting of COVID lockowns, but a sharp slowdown in imports, fresh virus flare-ups and a darkening global outlook pointed to a bumpy road ahead for the economy.Analysts say the rebound in exports reflected an easing of supply chain disruptions and port congestion that hammered the world's
Ohio-based Miller Boat Line has taken delivery of its newest passenger and vehicle ferry Mary Ann Market from Fincantieri Bay Shipbuilding.The ferry left the Sturgeon Bay, Wis. shipyard on July 8 and arrived to her home port Put-in-Bay, on Ohio's South Bass Island, on July 10. The vessel is expected to enter service following its U.S. Coast Guard inspection later this month.
China will make port operations more efficient and hold more online trade fairs, among new measures to ease pressure on foreign trade, Vice Commerce Minister Wang Shouwen said on Wednesday. Export growth in the world’s second largest economy slowed to single digits in April, the weakest in almost two years
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.With U.S. LNG exports rising
The U.S. Navy released on Tuesday a climate strategy that aims to make the force more resilient to changes like sea level rise and coastal erosion while moving faster to low-carbon fuels and hybrid engines for ships and planes.The Climate Action 2030 plan, is part of the Biden administration's wider goal of decarbonizing the economy by 2050.
The U.S. Department of Transportation announced that Rear Admiral (Rear Adm.) Ann Phillips, USN, Ret., has been confirmed and sworn in as the 20th Administrator of the Maritime Administration (MARAD). Nominated by President Biden on October 21, 2021, Rear Adm. Phillips was confirmed by the U.S. Senate on May 10, 2022. She is the first woman to lead MARAD as administrator.
Contracts between China's top state-owned shipbuilding firm and Taiwan's leading shipping company are likely lowering the costs of upgrading China's navy, posing security concerns for the island claimed by Beijing, a U.S. think tank said on Thursday.China State Shipbuilding Corp (CSSC) is a key producer of vessels for China's rapidly expanding People's Liberation Army Navy (PLAN)