A Princess Cruises ship, the Island Princess, rescued five Jamaicans who claimed to be drifting in the Caribbean for about three weeks in a small boat. The Island Princess brought the group on board, unsure of their conditions and identities at the moment. The luxury liner left Fort Lauderdale one week ago and was
Read moreThe CMA CGM Group is pleased to announce the christening of the world’s largest containership, the CMA CGM MARCO POLO (16 000 TEU), today at the Container Terminal of Zeebrugge, in presence of her godmother, Mrs. Naila Saadé, President of the CMA CGM Corporate Foundation and wife of Mr. Jacques R. Saadé, CMA CGM Group Chairman and
Read moreNATO is urging the merchant shipping community not to lower their guard or preparation over the Christmas period as the pirates operating in the Indian Ocean and surrounding waters will not be taking a holiday. The recent attack (16th December) on the MV Torm Kristina proves that the pirates are still on the lookout
Read moreAfter being refused entry into Singapore, 40 shipwreck survivors from Myanmar were taken in by Malaysia Tuesday. The men, believed to be Rohingya refugees, were rescued off the coast of Singapore on December 5th after their vessel, the Nago, sank after making a port of call in Myanmar’s western Rakhine province. The vessel, carrying
Read moreSingapore port moved 2.59m teu of containers in November, beating the volumes registered a year ago, according to data from Maritime and Port Authority of Singapore (MPA). The world’s second busiest container port posted a 4.7% year-on-year increase in throughput in November. Volumes, however, dipped 3.2% month-on-month compared to October throughput of 2.68m teu.
Read morePT Berlian Laju Tanker Tbk creditors, with a combined total of about $125.5 million in claims, filed an involuntary Chapter 11 petition against the Indonesian ship operator. Gramercy Distressed Opportunity Fund II, Gramercy Distressed Opportunity Fund, and Gramercy Emerging Markets Fund, all located in Greenwich, Connecticut, filed today in U.S. Bankruptcy Court in Manhattan,
Read moreIn the afternoon of 15 December 2012, the EU Naval Force (EU NAVFOR) Belgian Frigate Louise-Marie intercepted one skiff with five suspected pirates on board. While underway to the probable pirates’ operating area, the Swedish EU NAVFOR maritime patrol aircraft (MPRA) was able to locate the suspected skiff on 12 December 2012. The Louise-Marie
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