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Global Maritime Events

All the latest news and analysis of Global Maritime Events

APM Terminals to Sell Zeebrugge Terminal Share to COSCO

APM Terminals has secured a deal that will allow it to sell its 76% share in the APM Terminals Zeebrugge container terminal to COSCO...

New Guidance for Reducing the Risk of Propulsion Loss

Bureau Veritas, TMC Marine, the casualty and salvage experts, and the London P&I Club, have issued a new booklet providing operational guidance for preventing...

Piracy and the Global Maritime Industry

For a lay man, a pirate is mostly a fictional and almost comical character that the movies portray. He is often depicted as a...

Jones Act Waived for Hurricane Irma, Hurricane Harvey

On Friday, Elaine Duke, the acting secretary of the Department of Homeland Security, signed a waiver which will allow gasoline and other refined products...

Building of Australian Icebreaker Nella Dan II Underway

Australia's new icebreaker, Nella Dan II is being built at Damen Shipyard Galati in Romania. The first building block of Australia’s new icebreaker was welded into...

IMO Releases Video on BWM Convention

A key IMO international measure for environmental protection that aims to stop the spread of potentially invasive aquatic species in ships’ ballast water entered...

Uncertainties and the Plight of the Seafarer

While fluctuating crude prices and natural disasters have a severe effect on economies and businesses, often, the plight of those most affected by these...

ClassNK Releases New Technical Rules as per BWM Convention

Yesterday, it was reported that the BWM Convention would go into force today. In keeping with this, leading classification society ClassNK released its new set...

USD 460 Million Loan Secured by Capital Product Partners

Capital Product Partners, a Greek-based shipping company has secured a USD 460 million load for refinancing some of its credit facilities. Capital Product Partners entered...

South Korea to Build 15 Tankers for Russia

Russian President, Vladimir Putin announced on Wednesday that South Korean Shipyards will build 15 tankers for gas transport from Yamal LNG. The announcement was made at...