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Maersk’s APM Terminals Buys Panama Canal Railway Company

Maersk’s APM Terminals Buys Panama Canal Railway Company

In a first for Maersk’s operations, the group’s terminal company APM reports it acquired the 47-mile-long Panama Canal Railway Company from Canadian Pacific Kansas City and Lanco Group. While it is...

South Korean Police Set New Record With One-Tonne Cocaine Bust on Bulker

South Korean Police Set New Record With One-Tonne Cocaine Bust on Bulker

  Police in South Korea have seized one tonne of cocaine from a cargo ship arriving from South America, the largest drug bust on record in a nation with comparatively low narcotics imports.  The...

U.S. Sanctions Russians Sending Arms and Stolen Ukrainian Grain to Houthis

U.S. Sanctions Russians Sending Arms and Stolen Ukrainian Grain to Houthis

As part of Donald Trump’s vow to stop the “really bad people,” through his campaign of maximum pressure, the U.S. today, April 2, imposed sanctions on Russian businessmen sending aid to the Houthis....

Chinese Bulker Rescues Solo Rower/Adventurer on Day 115 as Equipment Fails

Chinese Bulker Rescues Solo Rower/Adventurer on Day 115 as Equipment Fails

  Famed Russian solo rower and adventurer Fedor Kobyakov is safely aboard the Chinese ore carrier Ore Hong Kong (399,214 dwt) after being rescued from the middle of the Indian Ocean. He was 115 day...

A.P. Moller Holding Reverses Course Offering to Buy Svitzer

A.P. Moller Holding Reverses Course Offering to Buy Svitzer

Denmark's A.P. Moller Holding (APMH), an investment company and the parent company of the A.P. Moller Group, believes that tug and towing company Svitzer has failed to gain a proper valuation from t...

Crewmembers From Stena Tanker Recount Moment of Boxship Impact

Crewmembers From Stena Tanker Recount Moment of Boxship Impact

  The Seafarers International Union (SIU) has released a first-hand account from the crew of the product tanker Stena Immaculate, which was hit by a boxship off the UK last month. On March 10, t...

Norway’s First Bio-Methanol Feeders Enter Service

Norway’s First Bio-Methanol Feeders Enter Service

Norway marked a milestone in its efforts to be a leader in green shipping with the introduction of the first of two vessels that will be powered with bio-methanol. The containerships which are opera...

Coast Guard and Local Police Rescue Seafarer With Spinal Injuries

Coast Guard and Local Police Rescue Seafarer With Spinal Injuries

  Last week, the U.S. Coast Guard worked with local first responders to medevac a seafarer from the deck of a Chinese freighter on the Hudson, carrying the man to safety.  At about 1850 hours on...

Port Fees for Chinese Ships May Prompt Genco to Leave US Market

Port Fees for Chinese Ships May Prompt Genco to Leave US Market

  Smart shipowners are getting prepared to pass any extra U.S. fees for Chinese ships onwards to their charterers, insulating the owner from the impact of millions of dollars in extra regulatory co...

Underwater Stern Tube Seal Repairs in Algeciras and Antwerp

Underwater Stern Tube Seal Repairs in Algeciras and Antwerp

[By: Hydrex] Recently, our diver/technician teams were deployed to ships in Belgium and Spain for stern tube seal replacements. The first operation took place in Algeciras on a 225-meter container...