SHIPPING HITS OUT AT SCANT COVERAGE OF HIJACKED CREWS The world’s leading shipping associations have highlighted the inequality seafarers face as hostages. “The world would be outraged if four airliners were seized and held hostage with innocent souls onboard. Regrettably, there does not seem to be the same response or concern for the four commercial …
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PANAMA CANAL AUTHORITY WARNS RESTRICTIONS WILL REMAIN IN PLACE THROUGHOUT 2024 The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits. “Current forecasts indicate that steady rainfall will arrive in late April …
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INDUSTRIAL JENGA: THE BATTLE TO REOPEN BALTIMORE PORT The port of Baltimore could be up and running at full capacity by the end of next month under a tentative timetable released yesterday by the US Army Corps of Engineers (USACE), a plan which also sees another shipping channel open later this month. The …
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CASUALTIES EXPECTED AS SHIP STRIKE BRINGS DOWN BALTIMORE BRIDGE Container ship Dali is stuck under the collapsed bridge structure. Operator Synergy Marine Group has reported no injuries to the crew or the two pilots onboard. The 2015-built ship is 299 meters long with a 9,960 teu capacity and is under charter by Maersk. US agencies …
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IRAN THREATENS TANKERS AS PANAMA DENIES REGISTERING IRANIAN-OWNED VESSELS Iran is renewing its threats against tankers and retaliation for actions by the United States to “interfere” with the transportation of Iranian oil. The latest statements came in response to the U.S.’s move in February to seize another shipment of 500,000 barrels of Iranian fuel oil …
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HOUTHIS VOW TO EXTEND ATTACKS DEEPER INTO THE INDIAN OCEAN Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will expand their target zone deeper into the Indian Ocean to try and prevent enemy vessels from passing via the Cape of Good Hope. To date, …
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INDIAN NAVY ASSISTS MSC SHIP WITH FIRE AFTER HOUTHI ATTACK MSC Mediterranean Shipping Company confirmed that its vessel MSC Sky II suffered minor damage including a fire after it was struck by the Houthis. The Indian Navy went to the vessel’s aid after the attack and reported that they also escorted the ship to safe waters. The 30,000-dwt vessel is operating …
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THREAT OF STRIKE LOOMS LARGE OVER EAST, GULF COAST PORTS There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports. The labor contract between the International Longshoremen’s Association and the United States Maritime Alliance (USMX) is set to expire at the end of September. The ILA represents some 70,000 dockworkers, …
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CMA CGM UNVEILS NEW-LOOK BOXSHIP From yards in Asia, new look containerships are emerging from drydocks as the sector ushers in a greener era, spending billions of dollars on a next generation of vessels. An eye-catching new delivery came out of South Korea’s Hyundai Heavy Industries (HHI) this week, the 2,000 teu LNG dual-fuel CMA CGM Mermaid (pictured), the first in a …
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ANGELA CHAO, CEO OF GLOBAL SHIPPING FIRM FOREMOST GROUP, DEAD AT 50 Angela Chao, the CEO of New York-based shipping company Foremost Group, has died in a car accident at the age of 50, according to a news release. The Foremost Group is a global dry bulk shipping company whose clients include Cargill Inc., Louis …
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