Interview: Kidnappings for Ransom Easy and Less Risky
In 2016, piracy has yet again emerged as one of the key problems seafarers face during their voyages at sea. A particular concern is the ever growing number of kidnappings … Read More
Third Alliance Members Revealed
Global carriers Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to create a new alliance, the companies announced today… Read More
Oil Tanker Grounds in Suez Canal
A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early this morning shortly after it entered the canal, GAC Egypt informed… Read More
Drewry: Boxship Rate Erosion Worse than Expected
The container shipping freight rates crashed harder than it was expected, according to Container Forecaster from shipping consultancy Drewry, and the losses are now expected to reach between USD 6-10 billion this year… Read More
AMP: Abandoned Tanker in Liberia No Longer Panama-Flagged
The crewless tanker that washed ashore near Robertsport northern Liberia coast last week, the Tamaya 1, does not belong to Panama’s register of ships any more… Read More
World Maritime News Staff