Japan Suspects Another North Korea Sanctions Breach at Sea
Japan has discovered another North Korean tanker it suspects of transferring goods with a vessel in defiance of U.N. Security Council resolutions, the Foreign Ministry said on Tuesday. It was the fourth time Japan has suspected such an illegal transfer in recent weeks and comes as the Trump administration and key Asian allies prepare to expand interceptions of ships suspected of violating sanctions on North Korea.
Subsea 7 Bags Offshore Norway Deal
Subsea 7 S.A. announced the award of a contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea…
Palau Keeps an Eye Out with Polestar
Palau International Ship Registry (PISR) has expanded its technology offering by linking with Pole Star to offer a comprehensive sanctions compliance and risk management service for its fleet vessels.
MOL, FEIA Team to Develop North Sea Route
Mitsui O.S.K. Lines, Ltd. signed a Memorandum of Understanding with the Far East Investment and Export Agency under the Ministry of the Russian Federation for the…
MacGregor, SeaFocus Join Forces
MacGregor, part of Cargotec, and an international maritime business platform, SeaFocus, have announced a collaboration agreement that will support the companies…
Six rescued from Sinking Vessel off Bahamas
A good Samaritan sailing vessel rescued six people from a sinking sailing vessel early Monday 14 miles west north west of Hog Cay, Bahamas. Watchstanders with the…
Carnival Corp. Aim: Best Wi-Fi at Sea
Carnival Corporation & plc will establish a new industry apex in connectivity capabilities today at sea when it attempts to make an unprecedented level of bandwidth…
Log-In Logística selects COMPAC
The containership segment’s commitment to ocean sustainability has been underscored with another order for Thordon Bearings’ COMPAC water lubricated propeller shaft bearing concept.
First Ship Lease Trust Narrows Q4 Loss
First Ship Lease Trust, Singapore-based business trust which owns a fleet of vessels across major shipping sub-sectors, narrowed its fourth-quarter loss to US$33.87 million…
Milaha Reports USD 129 mln Net Profit for 2017
Qatar Navigation (Milaha) reported a net profit of QAR 470 million (USD 129 mln) for the twelve months ended December 31, 2017. Operating revenues decreased by…
Ocean Rig Signs New Drilling Contract with Tullow Namibia
Ocean Rig UDW, an international contractor of offshore deepwater drilling services, today announced that it has signed a new drilling contract with Tullow Namibia…
Hyundai Merchant Marine’s Expansion Plans: Drewry
Korean carrier Hyundai Merchant Marine (HMM)’s expansion plans are incompatible with market stability. Will it settle for more limited ambitions? An Analysis by Drewry.
Navios Maritime Containers to Buy an Additional Boxship
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it agreed to acquire a 2010-built, 4,250 TEU containership for $11.78 million.
Statoil Reports Spud of First Well at Oseberg Vestflanken 2
In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction…
Samsung Heavy Industries Delivers Johan Sverdrup Offshore Platform
South Korea's Samsung Heavy Industries (SHI)'s Geoje shipyard has completed a riser platform topside for Statoil's giant Johan Sverdrup development offshore Norway.
US Prepares High-seas Crackdown on N.Korea Sanctions Evaders
The Trump administration and key Asian allies are preparing to expand interceptions of ships suspected of violating sanctions on North Korea, a plan that could include deploying U.S. Coast Guard forces to stop and search vessels in Asia-Pacific waters, senior U.S. officials said. Washington has been talking to regional partners, including Japan, South Korea, Australia and Singapore, about coordinating…
Israeli Navy Kills Palestinian after Boat Breaches Sailing Limit
A Palestinian from the Gaza Strip died on Sunday after the Israeli navy fired on the boat he and two others were sailing in, a military spokeswoman said. The navy opened fire after the boat ignored warnings and strayed from a permitted fishing area in the northern Gaza Strip towards Israel, the spokeswoman said. One of the men in the boat was seriously wounded and later died. But the Gaza fishermen’s union said the boat was targeted as it was making its way back to Gaza…
PDVSA: 4 Cargoes of Heavy Crude for March
Venezuela's state-run oil company PDVSA has launched tenders to sell on the open market up to four cargoes of heavy crude for March delivery at its Jose and Puerto Miranda terminals…
Petroperu offers a Loreto crude cargo for April
Peruvian state-run oil company Petroperu has launched a tender to sell a 450,000-500,000 barrel cargo of Loreto heavy crude for delivery April 15-30 at Boyovar port…
Falling Rocks Closes Corinth Canal for Ships
Greece on Monday closed the Corinth canal after a rockfall that followed heavy rain, temporarily blocking a transit route used mainly by commercial ships and pleasure yachts. The 6.4-km canal serves about 11,000 ships a year, offering a short transit from southern Italy to the Eastern Mediterranean and the Black Sea, saving mariners a 700-km (434-mile) journey around the Peloponnese Peninsula. But its 21.5-metre (64-foot) width means it is not a key waterway for ocean-going vessels.
