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Coast Guard News

July 10, 2020
 Royal Caribbean Group has purchased the remaining shares of Silversea Cruises, a company specializing in ultra-luxury and expedition cruising. The remaining one-third stake held by Heritage Cruise Holding Ltd. was paid for in the form of 5.2 million shares of Royal Caribbean Group common stock, which represents about 2.5% of the total common stock. The move to full ownership comes two years after Royal Caribbean Group acquired a two-thirds share of the cruise line in July 2018.... [Read More]
July 10, 2020
Imports at major US retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to a new monthly report released today by the National Retail Federation (NRF) and Hackett Associates.... [Read More]
July 10, 2020
Imports at major US retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to a new monthly report released today by the National Retail Federation (NRF) and Hackett Associates.... [Read More]
July 10, 2020
Imports at major US retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19 pandemic continues, according to a new monthly report released today by the National Retail Federation (NRF) and Hackett Associates.... [Read More]
July 10, 2020
Svitzer Australia and Smit-Lamnalco have extended the agreement from 2015 under which Svitzer will continue to provide service delivery on behalf of Smit-Lamnalco in four ports in Australia. The agreement has been extended by four years for the ports of Melbourne, Botany, Newcastle and Brisbane until 31 August 2024. Under the extended agreement, Svitzer will continue to charter six vessels from Smit. The agreement commenced in August 2015 covering ports of Melbourne, Botany and Newcastle and was due to expire mid-2018.... [Read More]
July 10, 2020
Svitzer Australia and Smit-Lamnalco have extended the agreement from 2015 under which Svitzer will continue to provide service delivery on behalf of Smit-Lamnalco in four ports in Australia. The agreement has been extended by four years for the ports of Melbourne, Botany, Newcastle and Brisbane until 31 August 2024. Under the extended agreement, Svitzer will continue to charter six vessels from Smit. The agreement commenced in August 2015 covering ports of Melbourne, Botany and Newcastle and was due to expire mid-2018.... [Read More]
July 10, 2020
Svitzer Australia and Smit-Lamnalco have extended the agreement from 2015 under which Svitzer will continue to provide service delivery on behalf of Smit-Lamnalco in four ports in Australia. The agreement has been extended by four years for the ports of Melbourne, Botany, Newcastle and Brisbane until 31 August 2024. Under the extended agreement, Svitzer will continue to charter six vessels from Smit. The agreement commenced in August 2015 covering ports of Melbourne, Botany and Newcastle and was due to expire mid-2018.... [Read More]
July 10, 2020
One third of shipbreaking yards in Bangladesh never closed down during the lockdown imposed to curb the spread of the coronavirus pandemic, NGO Shipbreaking Platform said in its latest report on shipbreaking practices in South Asia. As explained, this has led to workers being exposed to the risk of contracting the virus and spreading it to the vulnerable local communities.... [Read More]
July 10, 2020
One third of shipbreaking yards in Bangladesh never closed down during the lockdown imposed to curb the spread of the coronavirus pandemic, NGO Shipbreaking Platform said in its latest report on shipbreaking practices in South Asia. As explained, this has led to workers being exposed to the risk of contracting the virus and spreading it to the vulnerable local communities.... [Read More]
July 10, 2020
One third of shipbreaking yards in Bangladesh never closed down during the lockdown imposed to curb the spread of the coronavirus pandemic, NGO Shipbreaking Platform said in its latest report on shipbreaking practices in South Asia. As explained, this has led to workers being exposed to the risk of contracting the virus and spreading it to the vulnerable local communities.... [Read More]
July 10, 2020
Thirteen countries have committed to facilitating crew changes and achieving key worker designation for seafarers, following a virtual ministerial summit hosted by the UK government on 9 July. This step is said to represent a significant progress to help resolve a growing crisis facing the maritime industry, and enable hundreds of thousands of stranded seafarers to go home or join ships. ... [Read More]
July 10, 2020
Thirteen countries have committed to facilitating crew changes and achieving key worker designation for seafarers, following a virtual ministerial summit hosted by the UK government on 9 July. This step is said to represent a significant progress to help resolve a growing crisis facing the maritime industry, and enable hundreds of thousands of stranded seafarers to go home or join ships. ... [Read More]
July 10, 2020
Thirteen countries have committed to facilitating crew changes and achieving key worker designation for seafarers, following a virtual ministerial summit hosted by the UK government on 9 July. This step is said to represent a significant progress to help resolve a growing crisis facing the maritime industry, and enable hundreds of thousands of stranded seafarers to go home or join ships. ... [Read More]
July 10, 2020
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be generated over the duration of the respective contacts are expected at about $250 million. ... [Read More]
July 10, 2020
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be generated over the duration of the respective contacts are expected at about $250 million. ... [Read More]
July 10, 2020
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be generated over the duration of the respective contacts are expected at about $250 million. ... [Read More]
July 9, 2020
French container shipping major CMA CGM has unveiled new steps to fight illicit trafficking in protected species and said it is tightening its shipment control procedures. ... [Read More]
July 9, 2020
Seven crew members have tested positive for Covid-19 on board a tanker that arrived in Algeciras, Spain from Nigeria. Based on the available information, nine crew members took rapid Covid-19 tests which turned out to be positive for seven sailors. ... [Read More]
July 9, 2020
Denmark-based shortsea operator Unifeeder A/S and Dutch firm We4Sea B.V. have signed a cooperation agreement to roll-out the We4Sea Digital Twin based performance monitoring solution across Unifeeder’s fleet. The aim is to reduce the ships’ fuel consumption and emissions.... [Read More]
July 9, 2020
Maersk, owner and operator of the world’s largest container shipping fleet, has sold a 9, 640 TEU containership Sine Maersk for demolition in Turkey. The 22-year-old containership has a market value of $ 11.69 million, according to the data from VesselsValue.... [Read More]

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