Piracy

Jointly Upholding True Multilateralism andStarting a New Journey of Maritime Governance --Remarks by

The Honorable Under-Secretary-General Miguel de Serpa Soares,Distinguished Guests,Friends,It is a pleasure to meet you all via video link to mark the 40th anniversary of the opening for signature of the United Nations Convention on the Law of the Sea (UNCLOS). Adopted in 1982, UNCLOS opened a new chapter of global maritime governance…

NASSCO Invests In Facilities, Equipment And People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including: two 300-ton cranes allowing shipbuilders the ability to increase the size of the erectable blocks; a block assembly line to optimize construction of commercial ship blocks…

Acquisition of two newbuild feeder container vessels with long term charters

SFL CorporationSFL Corporation Ltd. (NYSE: SFL) (SFL or the Company) announced today that it has agreed to acquire two new eco-design feeder container vessels in combination with long term time charters to a leading European liner company.The Company expects to take delivery of the vessels from the shipyard in Q3 and Q4 2022.

White Paper THE KNOWN UNKNOWNS Declassification of the Indian Ocean High Risk Area (HRA)

As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HRA) in the Indian Ocean Region (IOR) effective from 0001 UTC on January 1st, 2023, as a result of 15+ years of successful coordinated efforts by the International Community stakeholders to suppress a variety of regional threats.This decision…
Kongsberg Maritime

Kongsberg to Supply Propellers and Shaft Lines to German Navy

Kongsberg Maritime Sweden AB (KONGSBERG) is pleased to announce a contract award with Damen Naval to supply four shipsets of KONGSBERG Controllable Pitch Propeller systems along with associated hubs, blades, hubcaps and shaft lines, for the German Navy’s new F-126 frigates.The F-126 platform, due to enter service from 2028…
oil returned to Iranian tanker

Return Begins of Crude Oil US Seized from Iranian Tanker

The nearly four-month battle for control of the crude oil tanker Lana and its cargo appears to be coming to an end. The vessel, which was originally registered in Russia but later switched to the Iranian flag, has been laying in the Piraeus anchorage waiting for the return of the portion of its cargo offloaded onto a second…

No drop of crude oil stolen by MT Heroic Idun – Navy

The Nigerian Navy has said that the suspected rogue vessel, MT Heroic Idun, which veered into Nigerian waters with the intention to load oil illegally could not do so before it was accosted by Nigerian Navy Ship, Gongola at the Akpo Oilfield Terminal.Speaking at a media briefing in Abuja weekend, the Chief of the Naval Staff…
bulker hit by shell in Black Sea near Ukraine

Turkish-Controlled Bulker Reportedly Hit by Shell in the Black Sea

Turkey’s president and maritime affairs department were quick to condemn a reported attack on a Turkish-controlled bulker that they said was hit by a shell or possibly a missile while sailing in the Black Sea. It was the latest report of merchant ships finding themselves caught in the crossfire after Russia launched its…

Maritime Safety Market Size, Industry Trends, Business Opportunities, Strategies, Key Players Analys

The time-tested Maritime Safety market research report makes available data on patterns, improvements, target business sectors, materials, limits, and advancements. It is a professional and a comprehensive report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. All the…

Greece detained Iranian oil tanker to curb Iran oil exports: lawmaker

TEHRAN An Iranian lawmaker has said that in the new alignments taking shape in the region Greece sided with Saudi Arabia and detained an Iranian oil tanker with the aim of reducing Iranian oil supplies.The lawmaker, Ahmad Ali Reza Beigi, called the Greek seizure of the Iranian oil tanker a piracy that was part of regional rivalry between Iran and Saudi Arabia.

Captain Suneha Gadpande On Her Splendid Journey In Merchant Navy I Interview

In 1995, when Captain Suneha Gadpande was in class seven, she used to watch a television serial starring Pallavi Joshi titled Aarohan. The show was about the Indian Navy and the three women joining the Indian Navy after their graduation. Captain Gadpande also wanted to join the Indian Navy.To make the dream a reality, she started preparing for the National Cadet Corps (NCC).

2022-05-02 | NYSE:VAL | Press Release

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a quarterly Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet Status Report can be found on the “Investors&CloseCurlyDoubleQuote…

GENCO SHIPPING & TRADING LTD MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT

provisions of the Private Securities Litigation Reform Act of 1995. circumstances or future operating or financial performance. and observations. Form 10-Q. Company and its shareholders. required capital expenditures, or reserves. actually paid may vary. events or otherwise. vessels. deadweight tons ("dwt") and an average age of approximately 10.2 years. reputable charterers.

NATO MEMBER OWNED SHIP SINKS OFF ODESA – Russia Used Civilian Ship As A Human Shield

UPDATE: “The Estonian-owned cargo ship Helt SUNK on Thursday off the Ukrainian port of Odesa after an explosion,” Igor Ilves, managing director of Tallinn-based manager Vista Shipping Agency, told Reuters. “Two crew members were in a life raft at sea while four others were unaccounted for.”“The vessel has finally sunk,” he said.

The Lancaster ship with starring role in Disney's Treasure Island that met a fiery end in Morecambe

Lancashire has been known to produce some of England's greatest entertainers.From Bobby Ball, to Thora Hird, Lee Mack, and Eric Morecambe; the north west has long been a hub for bringing great thespians into the world. While we are well versed in the careers of the county's most famous sons and daughters, few people are…

MOWCA under Nigerias leadership: Implications for regional maritime business | The Guardian Nigeria

The emergence of Dr. Paul Adalikwu, a Nigerian, as the Secretary-General of the 25-member Maritime Organization of West and Central Africa (MOWCA) comes with a lot of implications for the country in particular, maritime business in the Gulf of Guinea and, indeed, the international maritime community in general.First of all…

SFL - Sale of Two Older VLCCs

SFL Corporation Ltd. (NYSE: SFL) ('SFL' or the 'Company') announces that it has agreed to sell the 2004-built VLCCs Front Energy and Front Force to an unrelated third party.The sales proceeds to SFL are estimated to be approximately $70 million including a compensation from Frontline Ltd. for the early termination of the existing charter.

3-day workshop on Maritime law concludes at RRU in Gandhinagar

A three-day-long workshop on maritime law of the Colombo Security Conclave, in which senior delegates from six countries-India, Bangladesh, Sri Lanka, Maldives, Mauritius and Seychelles participated,was concluded at Gandhinagar based Rashtriya Raksha University (RRU) on Saturday.The workshop was organised by the National…