Archives: News
Carriers urged to avoid Black Sea as Turkish Bulker gets hit by bomb off Odessa
On Thursday, the Turkish-owned bulk carrier Yasa Jupiter was struck by a missile in the Black Sea off the coast of Ukraine’s Odessa, sustaining minor damage and becoming the first verified merchant ship victim of war since Russia’s invasion of Ukraine.
Seafarers under threat: 2 bulk carriers detained by Russian forces
As Russia’s invasion of Ukraine takes a toll on merchant ships, there is a rising concern for the safety of thousands of seafarers, both at sea and shore. The Ukrainian government has stated that two vessels were seized yesterday in Romanian seas near Snake Island, heading towards the Crimean peninsula, in addition to the three ships being struck by the Russian military in the Black Sea.
India’s largest container port JNPT hit by a cyber attack
A cyber attack has reportedly targeted a state-run container terminal at Jawaharlal Nehru Port Trust (JNPT), India’s main container port. JNPT officials said that “operations were normal and there was no impact on trade.”
APMT Mumbai allocates $115m to boost container handling capacity
APM Terminals Mumbai, also known as Gateway Terminals India (GTI), has planned to invest $115 million in infrastructure development in order to increase container handling capacity.
Robert Uggla to take over as chair at Maersk
Robert Maersk Uggla, 43, is to take over Chair of the Board of AP Moller–Maersk as Jim Hagemann Snabe stands down. Robert Mærsk Uggla is the great-great-grandson of Peter Mærsk Møller, who founded the company 118 years ago.
LNG Carrier Giant Nakilat Reports its Most Profitable Year Ever: $370 million
Nakilat, the world’s largest LNG carrier operator, declared on 7th February 2022 that 2021 has been its most successful year ever. Over the course of the calendar year, the Qatari firm earned $370 million in net profit, an increase of approximately 17 percent year on year.
World’s first ammonia-ready vessel delivered to Avin International
Avin International, a Greek shipowner, has taken delivery of Kriti Future, the world’s first ammonia-fuel equipped vessel. The 274-meter-long tanker’s delivery ceremony was conducted on January 10, 2022, at New Times Shipbuilding.
Denmark lifts all virus restrictions from Feb 2022: Says Covid is no longer a threat to society
Denmark is the first European Union country to lift all domestic Covid-19 restrictions, including the use of face masks. The Scandinavian country no longer considers Covid-19 “a socially critical disease”.
MSC re-routes its ships to save endangered Mediterranean whales
Mediterranean Shipping Company (MSC), the Swiss-Italian shipping company that is now the world’s largest ocean carrier, has opted to reroute its ships on the west coast of Greece in order to lessen the chance of collision with endangered sperm whales in the Mediterranean.
India fines Japanese car carrier operators over cartel claims
Four Japanese marine transport businesses have been sanctioned by India for price-fixing tactics in the automobile carrier industry. The CCI issued a final order on January 24, 2022, against NYK Line, Kawasaki Kisen Kaisha (K-Line), Mitsui O.S.K. Lines, and Nissan Motor Carrier Company.
Shell removes “Royal Dutch” from its name
Shell plc has formally changed its name from Royal Dutch Shell to Shell plc after opting to streamline its share structure, relocate its headquarters from the Netherlands to the United Kingdom, and, as a result, remove the Royal Dutch designation from its name.