Category archives for: Europe & Eurasia

20 Migrants Drown off Libya

20 Migrants Drown off Libya

Over twenty migrants have died, with dozens more still missing after their makeshift boat sank off Libya, the Libyan Navy reported.   “A navy patrol on Monday rescued 22 clandestine migrants who were clinging to debris from their boat,” spokesman Colonel Ayoub Kassem told AFP. Surviving migrants reported around 150 people had been crammed aboard […]

Summer Shoppers Active in Secondhand Market

Summer Shoppers Active in Secondhand Market

The sale and purchase market of secondhand vessels is experiencing positive vibes as summer shoppers avail of the asset prices on the market. According to the latest weekly report from shipbroker Lion Shipbrokers, the week was very active, as  3 panamaxes, 3 supras & 2 handies changed hands.   “Almost all of the units have […]

ESC Delivers AEO Manifesto

ESC Delivers AEO Manifesto

The European Shippers’ Council (ESC) presented its Authorised Economic Operator manifesto (AEO manifesto) to the European Commission.   With this manifesto, the ESC aims to give an indication of how, five years after the introduction of the AEO programme, this status is regarded by European Shippers and what the experiences are in practice. The aim […]

Choosing Body Armor for Maritime Workers

Choosing Body Armor for Maritime Workers

High risk jobs need to be faced with the correct levels of protective clothing. In the case of maritime personnel, body armor is one form of protection that should not be overlooked. The fact that there’s an increased level of difficulty in determining just when a threat may be faced, prepared maritime security personnel will […]

Northern Sea Route Accessible a Month Early

Northern Sea Route Accessible a Month Early

The Northern Sea Route (NSR) will open in August both on the northeastern passage on the Russian side and northwestern passage along Canada, making the route fully accessible to commercial shipping traffic approximately one month earlier than last year, Global Ice Center at Weathernews Inc. said in its 2014 predictions for ice concentration in the […]

Strong First Half for Navios

Strong First Half for Navios

Navios Maritime Partners L.P., an international owner and operator of drybulk and container vessels, has had a strong financial performance according to its financial results for the second quarter ended June 30, 2014.   Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, said: “We achieved EBITDA of USD 54.2 million and net income of USD […]

Peters & May Introduce USA to Australia Vessel Shipping Service

Peters & May Introduce USA to Australia Vessel Shipping Service

Peters & May boat transport operator has announced the departure schedule of its newly introduced sailings from USA and Europe to the East Coast of Australia.   The first sailing is scheduled from Newport and Fort Lauderdale in early October with a return trip from Sydney and Brisbane to West Palm Beach, which will start […]

Steady Sailing for Scorpio Tankers

Steady Sailing for Scorpio Tankers

Scorpio Tankers Inc. had a net loss of $0.6 million, or $0.00 basic and diluted loss per share, according to the shipper’s first quarter results.   The company’s fleet expanded for 12 vessels, as it took delivery of four vessels (one LR2, two MR, and one ice-class 1A Handymax) in July 2014 and eight vessels […]

RS Turns to Baku Shipyard for Newbuilds

RS Turns to Baku Shipyard for Newbuilds

Russian Maritime Register of Shipping (RS) has signed a contract with Baku Shipyard LLC for the construction of three 38М high speed crew boats (designer – SHIPTECH, Singapore) for Azerbaijan State Caspian Sea Shipping Company. Construction is set to begin in August 2014 and the boats should be delivered to the customer by May 2016. […]

Port of Hamburg Responds to Recent Bad Press

Port of Hamburg Responds to Recent Bad Press

The online market survey implemented by an unnamed German trade paper for transport and logistics reported that 84 percent of respondents stated that they were already routing imports and exports in container traffic via other ports due to handling problems.   The newspaper presented the findings of its online market survey of customers of the Port of […]

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