Wednesday, January 26, 2022
Regional

Regional

Shipping Line Imposes Additional Tariff On ‘Dangerous’ Goods Destined For West Africa

One of the shipping lines operating in Nigeria; CMA CGM said it is imposing an additional cost on what it termed dangerous goods being shipped into all countries in West Africa. Dangerous goods are substances and articles that have explosive,...

Malaysia to release Wakashio captain, chief mate after sentencing

The captain and first officer of the MV Wakashio are set to be released from custody in Mauritius following their sentencing Monday. Having already spent 16 months in custody, Captain Sunil Kumar Nandeshwar will be reunite with his family back...

North Korea Commissions First Domestically Built Cargo Ship in 5 Years

North Korean state media is hailing the commissioning of a new, domestically built cargo ship. By all indications, it may be the largest commercial vessel registered in North Korea and is also the first new commercial ship the regime...
ITF: 11 Crewmembers Abandoned on Sinking Bulker Off Somalia

ITF: 11 Crewmembers Abandoned on Sinking Bulker Off Somalia

An aging bulker and its crew have been abandoned off of a far-flung foreign port, according to the International Transport Workers’ Federation, and this particular case is worse than most: the location is inside of the Somali piracy high-risk...

Dozens of vessels participate in New York Harbour procession to honour 9/11 victims

PHOTO CREDIT: Florida News Times American maritime interests held an event on Friday in New York Harbour in recognition of 20 years since the September 11 attacks, which triggered the largest maritime evacuation in U.S. history. The event included a ceremony,...

S. Korea’s big 3 shipbuilders to hike newbuilding prices

South Korea’s three major shipbuilders will raise new shipbuilding prices to enhance profitability following hefty second-quarter operating losses estimated at a combined 1.5 trillion won due to higher steel prices. Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding...

Transshipment containers at Saudi ports rise by 24%

Saudi ports, under the supervision of Saudi Ports Authority (Mawani), in the first half of 2021 realized a remarkable growth in the handling volume through registering an increase in the total number of handled containers by 5.18% with 3.6...

Post-Covid Retail Boom drives volume in US ports

The National Retail Federation has stated that the current incoming volumes are projected to set new records for the year. As the covid-19 restrictions are relaxed across the US, consumers are returning to retail stores with renewed fervor. This...

Marine economy contributes $397bn to U.S. GDP

The U.S. government’s first official study on the economic impact of the nation’s marine economy shows that marine-related sectors contributed nearly $397 billion to the overall U.S. GDP in 2019. The new Marine Economy Satellite Account statistics were released on...

Venice residents protest as cruise ships resume sailing

The first cruise ship to leave Venice since coronavirus restrictions were eased set sail on Saturday, but some local residents protested over the return to normal, unhappy about the passage of giant liners through the historic lagoon city. Hundreds of...

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Cross-border Crimes Reduce As Land Borders Remain Shut

Cross-border crimes seem to have reduced considerably across the country since the closure of Nigeria’s land borders with its neighbours, according to The Nation...

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