Nicaragua Canal Construction Works Poised to Start in August
The construction on the fuel terminal and a ship wharf within the USD 50-billion Nicaragua canal project is set to start in August, Bloomberg reports citing the project con… Read More
US-Built Fleet Much Older than Global Fleet due to Jones Act
The US-built fleet is considerably older than the global, non-US built fleet as a consequence of the Jones Act, which requires vessels travelling between US ports to be US built… Read More
VIDEO: MV Sparna Severely Damaged. No Signs of Pollution
A damage assessment conducted on the grounded bulk carrier Sparna revealed multiple fractures, the largest being 25-foot by 5-foot wide with a visible boulder lodged inside … Read More
Allianz: Shipping Losses Down in 2015
Shipping losses continued their long-term downward trend with 85 total losses reported worldwide in 2015, according to Allianz Global Corporate & Specialty SE’s (AGCS)… Read More
Update: Expanded Panama Canal to Open on June 26
The expanded Panama Canal will be officially inaugurated on Sunday, June 26, 2016, the Panama Canal Authority (ACP) announced today… Read More
World Maritime News Staff