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Italian Shipping Academy and BCA GIME Join on Seafarer Training

Italian Shipping Academy and BCA GIME Join on Seafarer Training

[By: FAIMM] We are proudly announcing the agreement between the Fondazione Accademia Italiana della Marina Mercantile (Italian Shipping Academy, FAIMM), and  the Business College of Athens (BCA), G...

Saudi Tourism Agency Plans to Excavate 18th-Century Red Sea Wreck Site

Saudi Tourism Agency Plans to Excavate 18th-Century Red Sea Wreck Site

Saudi Arabia is planning a delicate excavation of an 18th-century shipwreck from the bed of the Red Sea as part of a wider mission to build a new tourist industy.  The Red Sea Development Company (...

Langh Ship and Outokumpu Start a Newbuilding Project

Langh Ship and Outokumpu Start a Newbuilding Project

[By: Langh Ship] Langh Ship has ordered three multipurpose dry cargo vessels which will serve Outokumpu on the short sea lane between Finland and continental Europe. Outokumpu, a global leader i...

UK Joins Regulators Concerned Over Cargotec-Konecranes Merger

UK Joins Regulators Concerned Over Cargotec-Konecranes Merger

Cargotec and Konecranes, two of the leading providers of cargo handling equipment, are facing additional opposition to their proposed merger from the U.K.’s Competition and Markets Authority. The Brit...

Maritime Executive

Ransom Payments to Pirates: Who Must Pay in General Average?

Every sea voyage is a maritime adventure. All parties interested in the adventure share certain risks. For instance, if a laden vessel grounds, and the shipowner incurs the expense of refloating her a...

Dogger Bank Secures its Final Offtake Agreements

Dogger Bank Secures its Final Offtake Agreements

Dogger Bank Wind Farm's joint venture (JV) partners have secured offtake agreements for the third phase of the UK North Sea project, which is on track to be the world's biggest offshore wind installat...

French Fishermen Blockade Channel Ports in License Dispute with U.K.

French Fishermen Blockade Channel Ports in License Dispute with U.K.

French fishermen blocked the entrance to ports and the freight entrance to the Channel Tunnel on Friday to call attention to their ongoing dispute with Great Britain over fishing licenses. They disrup...

High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

Just one week after severe weather from an atmospheric river system destroyed the Port of Vancouver's rail connections to Canada, a similar weather event has struck the port of Prince Rupert, B.C. In...

U.S. Coast Guard Looks for Survivors After Migrant Boat Runs Aground

U.S. Coast Guard Looks for Survivors After Migrant Boat Runs Aground

The U.S. Coast Guard is searching for about 10 missing migrants who went into the water after their boat hit the rocks near Mona Island, Puerto Rico.  On Wednesday afternoon at about 1530 hours, Co...

South Korea Proceeding with Privatization of HMM in 2022

South Korea Proceeding with Privatization of HMM in 2022

The South Korean government confirmed that it is proceeding with a plan to return ownership of HMM, Korea’s large shipping company, to private investors in 2022. The move will come six years after the...